Record Brazil Coffee Crop Cuts Costs for Starbucks: Commodities

12/04/2012

Record coffee harvests in Brazil, the biggest grower, are compounding a global glut of arabica used by Starbucks Corp. (SBUX) and Dunkin’ Donuts Inc.

Oil minister urges Iran’s private sector to invest in drilling projects

12/04/2012

TEHRAN - Iranian Oil Minister Rostam Qasemi has urged contractors from Iran’s private sector to make investments for the procurement of oil and gas drilling rigs.

Russian pipeline projects to gain from Nabucco woes

12/04/2012

Doubts over the Nabucco gas pipeline’s future are growing, after Germany warned it may follow in Hungary's footsteps and walk out of the project. This will considerably brighten the prospects of its rivals South Stream and Nord Stream, experts say.

Trafigura Sees China Rebound as Sales, Profit Drop in 2012

12/04/2012

The economy in China, the world’s biggest user of energy and copper, is expected to improve in the first half of next year, according to Trafigura Group, the third-largest independent oil trader.

China’s Stocks Drop to Lowest Level Since 2009; Moutai Declines

12/04/2012

China’s stocks fell, dragging the benchmark index down for the sixth time in seven days, as liquor shares extended yesterday’s rout on concern demand will weaken.

Iran Plans Gas Link to Cut Import Dependency, Tehran Times Says

12/04/2012

Iran plans to build a pipeline to increase natural gas supplies to its northern provinces and cut reliance on imports from Turkmenistan, the Tehran Times reported, citing a top energy official.

China's trade with Africa rises

12/03/2012

Despite erosion of the cost competitiveness of China's exports, expectations that China will sell fewer manufactured goods to Africa have proven misplaced, said Standard Bank in a report released on Monday.

Starbucks to reconsider its no-tax status in the UK

12/03/2012

Starbucks said that it will take a look at its tax policy in the UK after lawmakers and tax campaigners complained that the coffee giant earned billions in profits but paid next to nothing in taxes.