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October 10, 2016

Could currency volatility be the first symptom of wider stress in financial markets? William Cainreports 

Could currency volatility be the first symptom of wider stress in financial markets? William Cainreports 

Currency considerations are never far away from any debate about the economic fortunes of the world’s three largest economies. China’s switch to a freer-floating currency regime in mid-2015 saw the yuan devalue, triggering a bout of market panic in the third quarter of last year.

January 19, 2011

Cargill, the world’s largest agricultural commodities trader, will sell its shares in fertiliser company Mosaic, in a move designed to ensure the company remains 100% privately owned.

Cargill, the world's largest agricultural commodities trader, will sell its shares in fertiliser company Mosaic, in a move designed to ensure the company remains 100% privately owned.  

Founded nearly 150 years ago, the Minnesota-based company is still controlled by around 80 members of the Cargill and MacMillan families. The company said in a statement that the Mosaic transaction would help it accomplish the objective of "maintaining its status as a private company".

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