Raw sugar prices reached an 11-year high this week, trading data showed. Analysts have pointed to adverse weather and a drop in output by major producers as among the reasons behind the spike. The cost of May futures on the Intercontinental Exchange (ICE) surged past $0.27 per pound on Thursday, the highest price since mid-2011.…

The move would help close the loophole that allows Moscow buy sanctioned goods through third parties Brussels may ban certain EU exports to countries that are believed to be re-exporting sanctioned goods to Russia, in a bid to enforce the existing sanctions against the country, the Financial Times reported on Friday, citing sources close to…

[unable to retrieve full-text content]