Lean meat: US pork prices rise as sweltering summer leads to skinny pigs

Farmers say they have more slender summer herd to sell after overweight and numerous pigs in spring led to lowest prices in a decade Lean times for US pig farmers have led to an unforeseen spike in pork prices. Sweltering under record-setting summer temperatures, pigs that have sweated off the pounds and are now considered […]

Consulting firm McKinsey no longer working with opioid maker Purdue Pharma

(CNN)Management consulting giant McKinsey & Company will stop doing work for Purdue Pharma, the controversial drug firm that makes the prescription painkiller OxyContin. The use of OxyContin and other opioid prescription painkillers has become an epidemic in the United States that has been blamed for tens of thousands of deaths, according to the Centers for […]

Paul Ryan sold shares on same day as private briefing of banking crisis

Vice-presidential candidate denies he profited from a 2008 meeting with Fed chairman in which officials outlined fears for financial crisis Paul Ryan, Mitt Romneys vice-presidential running mate, sold stock in US banks on the same day he attended a confidential meeting where top level officials disclosed the sector was heading for a deep crisis. The […]

Michael Bloomberg: Brexit is stupidest thing any country has done besides Trump

Exclusive: Billionaire media mogul says it is hard to understand why a country doing so well wanted to ruin it Michael Bloomberg, the billionaire media mogul and former mayor of New York, has said Brexit is the single stupidest thing any country has ever done apart from the election of Donald Trump as US president. […]

Romania hits Canadian firm with $9m ‘retaliatory’ tax bill over gold mine

Move comes after Gabriel Resources sues government for $4.4bn over failed bid to establish goldmine in Apuseni mountains Romania has served a Canadian mining company with a $8.6m back taxes bill days after the company filed a $4.4bn compensation claim over a stalled project in the country. Gabriel Resources tried for more than 18 years […]

George Soros: Theresa May won’t last and Donald Trump is ‘would-be dictator’

Billionaire investor delivers bleak Brexit forecast at World Economic Forum and says Donald Trump is gearing up for trade war but will fail Theresa May will not remain in power long as Brexit cripples her government, while Donald Trump is a would-be dictator who is going to fail, the billionaire investor George Soros has told […]

Amazon to test drone delivery in partnership with UK government

The company will run tests to explore the viability of drones carrying deliveries weighing five pounds or less which make up 90% of Amazons sales Amazon has announced that it will partner with the British government to run tests to explore the viability of delivery of small parcels by drone the first time such tests […]

Uncertainty over Brexit and US job market halted Fed’s interest rates rise

Federal Reserve held off on raising interest rates in June due to the possibility of market turbulence after Brexit and worries about the latest US job report The Federal Reserve held off on raising interest rates in June due to uncertainty about the US labor market as well as a then-upcoming vote on whether the […]