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commodities

Aid trucks begin moving ashore via Gaza pier, U.S. says

by Walter Watson
Aid trucks begin moving ashore via Gaza pier, U.S. says

Trucks carrying badly needed aid for the Gaza Strip rolled across a newly built U.S. pier and into the besieged enclave for the first time Friday as Israeli restrictions on …

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Shining example: how China is propelling gold’s record-breaking rally

by Anas Siddiqui
Shining example: how China is propelling gold’s record-breaking rally

Gold’s rise to all-time highs above US$2,400 an ounce this year has captivated global markets. China, the world’s biggest producer and consumer of the precious metal, is front and centre …

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Chinese plastic makers’ bets on cheap US gas are foiled by disruptions at Panama and Suez

by Anas Siddiqui
Chinese plastic makers’ bets on cheap US gas are foiled by disruptions at Panama and Suez

The Chinese petrochemical sector’s bet on profiting from a steady supply of cheap US gas to make plastics is quickly going awry, as twin choke-points for shipping upend trade flows …

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Opinion | 3 reasons the outlook for gold could glitter in 2024

by Anas Siddiqui
Opinion | 3 reasons the outlook for gold could glitter in 2024

Based on historical correlations between gold and the US 10-year treasury yield, gold would have been expected to fare much worse than it did over this period. Instead, the gold …

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Expect some food prices to get cheaper next year — but typical grocery bills may still go up by $700

by Anas Siddiqui
Expect some food prices to get cheaper next year — but typical grocery bills may still go up by 0

Savvy shoppers should be able to find a few bargains at the grocery store next year, but even with prices for some essentials falling the typical Canadian family’s overall grocery …

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The ‘lipstick index’ and the strength of beauty retail amid inflation

by Anas Siddiqui
The ‘lipstick index’ and the strength of beauty retail amid inflation

At Calgary’s Southcentre Mall, Paulette Harder stopped in at Sephora and emerged with a skincare set for herself and a face cream for her mom.  Harder has lately cut back …

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Teck Resources agrees to sell steelmaking coal business in deals valued at $9B US

by Anas Siddiqui
Teck Resources agrees to sell steelmaking coal business in deals valued at B US

Teck Resources Ltd. has agreed to sell its steelmaking coal business in a series of deals that value the operations at $9 billion US and will see Swiss commodities giant …

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