Pigging out on palm oil

Palm oil futures' rally is being threatened by a surge in Chinese pig farming. The rally, fueled by limited supply and increased global demand due to COVID restrictions, is threatened by palm oil's growing price and the promise of a glut of soybean oil production related to Chinese pig farming....

Finance

January 23, 2021

Market manipulation? Reddit users vs institutional investors - a tale of video games and securities battlegrounds

Gamestop's (GME) 1500% price increase is the result of sparring between Reddit's WallStreetBets community and established institutional investors. WSB investors organized to drive GME's price up, causing institutional investors to lose billions, and turning a meme into an actual market event....

Learn Something

January 19, 2021

Planes, Trains, and Hoovers: How a travel promotion nearly killed an appliance empire

In 1992, Hoover messed up... with a promotion promising two international flights (a 600£ value) in exchange for a 100£ purchase. Ultimately, Hoover incurred tens of millions in debt, fired several executives, lost their Royal Warrant, and divested their European business to Italy's Candy SpA....

World News

January 16, 2021

Spycraft, assassination attempts, and a disgruntled Russian government vs Alexei Navalny

Alexei Navalny, prominent Russian government detractor, is arrested on his return to Moscow after being poisoned on a business trip several months ago. Both side claim wrongdoing... Navalny of Russian government involvement in the poisoning, and the Kremlin of Navalny's criminal activity....

World News

January 15, 2021

Bobi Wine - Uganda's "Ghetto President"

UGANDA - Bobi Wine, a prominent hip-hop artist, is challenging President Yoweri Museveni. In an election marred by violence, death, and allegations of government misdeeds (such as internet blockage and voter fraud), Pres. Museveni carries a clear lead in the polls, while the opposition cries foul....

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