UK new car market declines slightly in August amid low seasonal demand: SMMT
  • September 5, 2024

UK new car market declines slightly in August amid low seasonal demand: SMMT

The UK new car market saw a slight decline in August, with registrations falling by 1.3%, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). August, traditionally a quieter month for car sales as buyers often wait for September’s new number plates, saw 84,575 units registered, just 1,082 fewer than…

Soy grown illegally on Brazil's tribal lands finds its way to global markets
  • September 5, 2024

Soy grown illegally on Brazil's tribal lands finds its way to global markets

Farm cooperatives in Brazil that supply some of the world's biggest multinational agricultural firms are buying soybeans grown illegally on Indigenous reservations in the country, according to tribal leaders and court records, despite the companies' public pledges to respect the land rights and resources of Indigenous peoples. The expansion of commercial farming onto Indigenous lands, which make up about 13% of Brazil's territory, has stirred division and violent conflicts in scores of communities, according to the federal police, the Catholic Church's Indigenous Missionary Council and the Brazilian government agency overseeing Indigenous affairs, FUNAI. Brazil's constitution set aside lands for the exclusive use of Indigenous communities while a 1973 law outlaws renting these lands or forming partnerships to grow commercial crops.

  • September 5, 2024

Stocks Pause Days of Losses Ahead of US Jobs Data: Markets Wrap

(Bloomberg) -- Global equities steadied after days of declines as uncertainty over the health of the US economy and the pace of possible Federal Reserve interest rate cuts persist.Most Read from BloombergHow Air Conditioning Took Over the American OfficeHong Kong’s Arts Hub Turns to Selling Land to Stay AfloatThe Outsized Cost of Expanding US RoadsEurope’s Stoxx 600 index was little changed, with chemical stocks and miners posting the biggest losses after iron ore fell to the lowest since 2022.