Proactive capacity management contributed to a 12% YoY increase in the global air cargo spot rate since the start of peak season, compared to 25% in 2023.
Western European diesel share of new car market stable – GlobalData
Diesel car sales in the region in November were about 20k lower than a year earlier.
How to give people Bitcoin and other cryptos this holiday season
The holiday season is here, bringing with it the familiar question: what’s the perfect gift for loved ones? You might be surprised to learn that cryptocurrencies like Bitcoin, Ether, and others can be gifted to someone. By gifting cryptocurrency, you can introduce someone to the exciting world of digital assets, giving them not just a gift but also a potential investment and a chance to explore the future of finance.
Nvidia's stock slump, Softbank woos Trump, and call 1-800-ChatGPT: AI news roundup
OpenAI made its popular artificial intelligence-powered chatbot more accessible this week, announcing that U.S. phone numbers can call it at 1-800-CHATGPT, while global users can text the chatbot via WhatsApp (META).
Nestle Investor Says Stock Too Cheap After Worst Year on Record
(Bloomberg) -- Nestle SA’s slumping stock valuation has made it irresistible for money manager J. Stern & Co., which has been increasing its holdings in the face of widespread market concern about the pace of a turnaround at the Swiss consumer-goods giant.Most Read from BloombergNew York City’s Historic Preservation Movement Is Having a Midlife CrisisNYPD Car Chases Are Becoming More Frequent — and More DangerousDakar’s Air Quality Plummets as Saharan Dust Descends on SenegalReviving a Little-Kn
Bitcoin Pullback Deepens as US ETFs Suffer Record Daily Outflow
(Bloomberg) -- A Bitcoin slide from a record high earlier this week extended to more than 10%, as reduced scope for looser US monetary policy dampened speculative zeal.Most Read from BloombergNew York City’s Historic Preservation Movement Is Having a Midlife CrisisNYPD Car Chases Are Becoming More Frequent — and More DangerousDakar’s Air Quality Plummets as Saharan Dust Descends on SenegalReviving a Little-Known Modernist Landmark in BuffaloThe price of the original cryptocurrency dropped as low
How a hedge fund exodus reshaped global cocoa markets
Behind a record surge in cocoa prices this year, a corner of financial markets that drives the cost of chocolate underwent a seismic shift: the hedge funds that oiled its workings headed for the exit. Confectionery prices, from candy bars to hot chocolate, are heavily influenced by futures contracts for cocoa beans. In the middle of last year, hedge funds - a class of investors that use privately pooled money to make speculative bets - started pulling back from trading cocoa futures because price swings in the market were raising their cost of trading and making it harder to make profits.
What are cocoa futures, and how do they work?
Futures markets have seen a record-breaking run in cocoa prices in 2024, a surge exacerbated by the hedge funds that provide much of their liquidity heading for the exit. Here are some facts on futures markets, including how they operate and the main players. Cocoa beans are the vital ingredient in chocolate.
What Happened in Crypto Today: How Bad Is this Bloodbath Going to Get?
Here is a 2-minute breakdown of everything important that happened in crypto today.
The Fed is bracing for ‘Trump 2.0’ and a deluge of fiscal policy shakeups, economists say
Federal Reserve chair Jerome Powell said he was uncertain as to how Trump’s proposed policies would impact the economy.