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KUALA LUMPUR/SINGAPORE (Aug 14):The worst may be over for palm oil prices as the U.S.-China trade could may boost demand, helping bring this year’s more than 10% slide to an end.
Palm oil tumbled along with soybean prices, after China imposed higher import tariffs on U.S. soy in an escalating trade dispute between the countries. But increasing biodiesel consumption in Indonesia and palm oil’s widening discount to soy means prices are now bottoming, according to Golden Agri-Resources Ltd, the world’s second-largest grower by area.
Over the past week, there’s been an uptick in users reporting on Reddit and Twitter that their Instagram accounts have been hacked, with the contact information associated with the account being changed. After Mashable first reported on the account takeovers on Monday, Instagram now says it’s looking into the claims. “We are investigating claims of […]