Tag: commodities
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Mondelez Cuts Profit Outlook as High Cocoa Prices Dull Demand
Mondelez International, the global food giant behind Cadbury and Oreo, has slashed its full year profit forecast, signaling that persistent high cocoa costs are...
Gold Surges Past 4,000 Dollar Mark
Gold surged past 4,000 dollars per ounce on Wednesday, October 29, 2025, climbing over 1.5 percent as investors anticipated Federal Reserve rate cuts and...
Gold Steadies Near US$4,256 Amid Trade Talks
Gold prices held steady on Monday, trading around $4,256 per ounce as investors waited for Treasury Secretary Scott Bessent and Chinese Vice Premier He...
Oil Prices Near Six-Month Low on Supply Concerns
Brent crude futures declined to approach $60.79 per barrel on Monday, sliding 0.82% from the previous trading session as rising global oil supplies and...
Nestlé Cuts 16,000 Jobs Amid Cocoa Turbulence and Ivory Coast Election Risks
Nestlé, the world's largest packaged food company, has announced sweeping workforce reductions of 16,000 employees over the next two years as new Chief Executive...
