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Colombia has best coffee harvest in decades, warns of lower 2025/26 crop

BOGOTA (Reuters) -Colombia closed its best coffee year in more than three decades, boosted by favorable weather conditions and the impact of crop renewal, although production is expected to decline in the upcoming cycle, the National Federation of Coffee Growers said on Tuesday. Coffee production ...
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Stablecoins could suck $1 trillion from EM banks in next three years, Standard Chartered estimates

By Marc Jones LONDON (Reuters) -The boom in U.S. dollar-backed stablecoins, helped by Donald Trump’s crypto policies, could suck $1 trillion worth of deposits out of emerging economy banks in the next few years, a report from Standard Chartered estimates. About 99% of all stablecoins are ...
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Funds investing in gold miners bask in record prices

By Patturaja Murugaboopathy (Reuters) -Mutual funds that invest in gold mining firms are leading 2025 performance, overtaking even high-flying AI and tech funds, as investors bet record gold prices will drive strong margins, cashflows and shareholder returns. According to LSEG Lipper data, gold mining ...
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NY Fed finds rising worry about state of job market in September

By Michael S. Derby NEW YORK (Reuters) -Americans grew more worried about the future of the job market in September, while at the same time bumping up projections for the future path of near-term inflation, a report from the Federal Reserve Bank of New York ...
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Gold demand puts Peru’s Amazon at greater risk from mercury poisoning, bishop warns

BOGOTA, Colombia (AP) — As gold prices hover at record highs, a leading Catholic leader in Peru’s Amazon is urging countries that are destinations for the precious metal to help stem illegal mining that is poisoning rivers with mercury. Miguel Ángel Cadenas, an Augustinian from ...
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WTO says AI-related buying binge and a spike in US imports spur unexpected rise in goods trade

GENEVA (AP) — The World Trade Organization is sharply raising its forecast for trade growth in goods this year after an unexpectedly strong first half due to rising AI-related purchases, front-loaded imports in the U.S. over tariff fears and robust developing-world trade. The Geneva-based trade ...
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Intercontinental Exchange to invest up to $2 billion in Polymarket

New York Stock Exchange owner Intercontinental Exchange is investing up to $2 billion in Polymarket and will partner with the company on future tokenization initiatives. Polymarket lets users buy and sell shares of potential event outcomes, with every trade matched peer-to-peer through smart contracts. The ...
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Bob Ross paintings to be auctioned to support public TV stations after federal funding cuts

LOS ANGELES (AP) — Thirty paintings created by the bushy-haired, soft-spoken Bob Ross will soon be up for auction to defray the costs of programming for small and rural public television stations suffering under cuts in federal funding. Ross, a public television stalwart in the ...
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Three fashion trends rule spring: big shoulders, real skin and dress-up with a day job

PARIS (AP) — The spring fashion season ended with silhouettes you could spot from a block away. As Paris Fashion Week wrapped up Tuesday after two weeks of debuts and shake-ups, three trends took hold. Shoulders were broadened and jackets snapped to attention. Skin ...
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Toyota recalls nearly 400,000 Tundras and Sequoias due to malfunctioning rearview camera

WASHINGTON (AP) — Toyota is recalling nearly 400,000 vehicles because the rearview camera may not display when backing up, increasing the risk of a crash, federal traffic safety regulators said. Included in the recall are 2022-2025 Toyota Tundras and Tundra hybrids and 2023-2025 Sequoia hybrids. ...
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McCormick beats quarterly estimates, cuts annual profit view amid tariff woes

(Reuters) -McCormick on Tuesday beat expectations for third-quarter sales and profit, aided by resilient demand for its higher-priced spices and seasonings even as macroeconomic uncertainty loomed over consumer spending. U.S. consumers are shifting away from dining out and increasingly turning to home-cooked meals and meal ...
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European luxury shares rise as creative debuts raise hopes for sales comeback

By Mateusz Rabiega (Reuters) -Shares of European luxury players rose on Tuesday, pushing the European luxuries index to its highest level since late May this year, as designing debuts among fashion houses and a push for affordability gave investors hope that the sector was set ...
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