Commodities News

Grain Trader Nidera Reveals $200 Million ‘Rogue Trader’ Loss (2)

Nidera BV, a division of China’s largest food company, lost nearly $200 million over three years due to what it called “severe” irregularities by a single trader in biofuels.

Cheap Gold Mines Disappear as Buyers Splurge for Surging Bullion

So much for the run on cheap gold mines. Producers who were forced by slumping prices to unload assets last year are regaining leverage.

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