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Reuters

TSX rises on boost from energy stocks
Markets

TSX rises on boost from energy stocks

  • The energy sector rose 2.6% as US crude prices were up 2.6% a barrel, while Brent crude added 2.0%.
  • Oil prices rose on Tuesday as tension simmered following Iran's seizure of a South Korean vessel.
Published 05 Jan, 2021 08:34pm
Dry weather expected to keep pressuring Argentine soy, corn yields
Markets

Dry weather expected to keep pressuring Argentine soy, corn yields

  • Months of hot, dry weather have put the country's two main cash crops at risk. Argentina is the No. 3 international corn supplier.
  • With these weather conditions it is difficult to continue to assume that yield development will be normal, resulting in a corn crop of 48 million tonnes.
Published 05 Jan, 2021 08:30pm
Britons ordered to stay at home as third national lockdown begins
World

Britons ordered to stay at home as third national lockdown begins

  • Highly contagious new COVID variant spreading fast.
  • Hospitals under strain, risk being overwhelmed.
  • All schools, non-essential shops, hospitality closed.
  • Measures to last at least seven weeks, likely longer.
  • Italy, Germany keep restrictions in place as infections soar.
Published 05 Jan, 2021 07:38pm
UK PM Johnson cancels India visit, citing need to oversee virus response
World

UK PM Johnson cancels India visit, citing need to oversee virus response

  • The prime minister spoke to (Indian) Prime Minister Modi this morning, to express his regret that he will be unable to visit India later this month as planned.
  • In light of the national lockdown announced last night, and the speed at which the new coronavirus variant is spreading.
Published 05 Jan, 2021 07:30pm
German energy usage fell 8.7pc to record low in 2020
Markets

German energy usage fell 8.7pc to record low in 2020

  • Energy usage in Europe's biggest economy had already fallen to its lowest level since the early 1970s in 2019 due to its long-term shift to service industries and greater efficiency.
  • Germany used 398.8 million tonnes of coal equivalent, an industry standard measure, in 2020.
Published 05 Jan, 2021 07:19pm