Business News - Page 4

Nutella prices to spike? Why your beloved spread may soon cost more

3 months ago

Nutella prices may soon climb after Turkey — the world’s top hazelnut producer — was hit by a devastating spring frost that wiped out large swathes of crops. As the firm behind the brand faces rising raw material costs, global supply shortages loom. Could this climate-driven event mean higher prices for your favourite hazelnut spread?

US dollar just had its worst start since 1973. What triggered this collapse?

4 months ago

The US dollar has suffered its sharpest six-month decline since 1973, falling 10.8 per cent amid Donald Trump’s sweeping tariffs, surging national debt and waning investor confidence. As central banks reduce their dollar exposure and gold prices soar, concerns grow about America’s fiscal path, Federal Reserve pressure, and the dollar’s role as a global safe-haven currency

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