China’s wheat problem

China is the world's largest producer of wheat. The drought in wheat-growing regions of the country may persist for a further month; rain may come "too late" to avert damage to crops, which will push prices even higher.

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Buffett is selling!

Berkshire Hathaway has sold its stake in Bank of America, ending an investment that spanned three and a half years. The grapevine has it that the Oracle of Omaha might be getting ready for transition.

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Apple has launched its subscription service for publishers

This will enable media companies to access paying readers. Will Amazon follow suit?

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