GLOBAL corn and soybean stocks remain low, leaving both commodities vulnerable to the threat posed by the La Nina weather phenomenon to production in Argentina and southern Brazil, US Department of Agriculture chief economist Joseph Glauber said yesterday.

GLOBAL rapeseed production will fall 1.5% in the 2011-12 marketing year on a decline in the EU, Oil World said.

GLOBAL stocks staged the biggest rally of 2011 yesterday and the Dow Jones Industrial Average reached an almost three-year high amid better- than-estimated results at companies from Intel to United Technologies and L’Oreal.

GLOBAL dairy product buyers are still searching for a better-balanced price, said the Dutch Dairy Board in its market assessment last week.

GLOBAL dairy prices are at the “high end of the cycle” and may decline as a record rally threatens to curb demand and farmers may boost supply, according to Fonterra Co-operative Group, the world’s largest exporter.

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GLOBAL computer software giant, Microsoft, has been found guilty of abusing its dominant market position by freezing out competitors and must pay a record fine of €497 million as a result, the European Court in Luxembourg has found.

GLOBAL economic growth will stay above four percent this year, the head of the International Monetary Fund said, but he warned that the high price of oil posed an increasing risk to the outlook.