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CRU: Saudi-Russia Price War Begins as Oil Crashes 30%
LONDON, March 16, 2020 /PRNewswire/ -- The oil market is currently facing a large degree of uncertainty. Oil prices could feasibly remain around $40/bbl for a significant period of time. Three key judgements will determine CRU's oil price forecast for 2020: (I) the extent to which Covid-19 will be successfully contained, which would secure a mild recovery of oil demand; (II) how long can the two antagonists of the oil price war - Saudi Arabia and Russia - hold out; and (III) the resilience of the heavily indebted US shale industry.
Verdeca Showcases HB4® Drought Tolerant Soybeans to Growers and Enrolls Early Adopters at Expoagro in Argentina
DAVIS, Calif. and ROSARIO, Argentina, March 10, 2020 /PRNewswire/ -- Verdeca, a joint venture between Arcadia Biosciences Inc. (Nasdaq: RKDA) and Bioceres Crop Solutions Corp. (NYSE American: BIOX), will be showcasing pre-commercial soybean varieties carrying the drought tolerant HB4(®) trait to more than 150,000 South American growers at Expoagro 2020, being held March 10-13 in San Nicolas, Argentina. The HB4 soybean varieties deliver two layers of value for growers: drought and herbicide tolerance.
Euromoney adds to its price reporting business, Fastmarkets, with the acquisition of Census Commodity Data
LONDON, March 9, 2020 /PRNewswire/ -- Euromoney Institutional Investor PLC ("Euromoney"), the international information services provider of essential information to global and specialist markets, announces the acquisition of 100% of Census Commodity Data, primarily operating through its brand AgriCensus and serving as a Price Reporting Agency ("PRA") for the global agricultural commodity markets. The acquisition expands the Fastmarkets price reporting business into the agriculture market, where globalization of trade flows and commodity price volatility is increasing dependency on pricing and market news. The acquisition complements the company's existing Global Grain business - a series of leading annual international events that have been connecting the grain and oilseed community over the last 14 years.
Zijin Completes Acquisition of Continental Gold
TORONTO, March 5, 2020 /CNW/ - Continental Gold Inc. (TSX:CNL; OTCQX:CGOOF) ("Continental" or the "Company") is pleased to announce the completion of the previously announced plan of arrangement (the "Transaction") involving the Company, Zijin Mining Group Co., Ltd. ("Zijin") and 2727957 Ontario Inc. (the "Purchaser"), an indirect subsidiary of Zijin, following receipt of all required approvals and satisfaction of all required closing conditions.