Investment funds that have ploughed tens of billions into commodities are now sniffing around Australia's small wool futures market for a new play as surging food prices begin to reduce land for grazing.
Singapore's GIC sovereign wealth fund is to take a 14.3 percent stake in the Benetton family's holding company, Luxembourg-based Sintonia SA, for one billion euros (1.53 billion dollars), Sintonia said Tuesday March 11th.
Major department store chains reported lower February same-store sales on Thursday as consumers spent less on home goods and women's apparel in the weaker U.S. economy. J.C. Penney Co Inc reported a 6.
Sales of a bracelet will go towards a U.N. fund to combat violence against women under a plan announced on Tuesday by the United Nations, the Avon cosmetics company and movie star Reese Witherspoon. Avon Products Inc.
Platinum prices spiked to an all-time peak close to 2,300 dollars on Tuesday March 4th as the white metal got fresh support on the back of a weak dollar and supply worries in key producer South Africa.