Most U.S. hedge funds aren't expecting another big stock market sell-off as more firms curb bets on volatility, according to Nomura.Marketsread more
President Trump stands a chance of creating a new economic world order in his China trade fight, says the chief economic advisor of Allianz.Economyread more
A sell-off in chip stocks intensified following a report that chipmakers are cutting ties with Huawei after the Trump administration's ban.Marketsread more
Ford Motor said Monday that it is laying off about 7,000 salaried workers, about 10% of that global workforce, as part of a restructuring plan designed to save the No. 2...Autosread more
Google announced Google Glass Enterprise Edition 2 on Monday, a new set of smart glasses that's catered toward businesses and costs $999. Google has focused on business use...Technologyread more
More than 170 shoe retailers, including Nike, Under Armour, Adidas, Foot Locker, Ugg and Off Broadway Shoe Warehouse, have penned a letter to the White House asking President...Retailread more
Microsoft on Monday announced new moderation for its Xbox platform in an effort to cut down on toxic content and to make gaming safer for everyone.Technologyread more
Before the winner would even get a dime, more than $54 million would be withheld for federal taxes. Much more would likely be due at tax time.Personal Financeread more
People investing in some technology stocks should not expect them to go up anytime soon, warns the "Mad Money" host.Investingread more
The finalists from the Council for Economic Education's National Economics Challenge will put their problem-solving skills to the test Monday in a high school economics...US Economyread more
ABIDJAN, Jan 14 (Reuters) - Dry weather in most of Ivory Coast's cocoa-growing regions last week could hinder the development of the April-to-September mid-crop, farmers said on Monday.
The world's top cocoa producer is in the midst of the dry season, which runs from November to late February. Harmattan winds sweep in sand from the Sahara, which can ravage cocoa pods and sap soil moisture, leading to smaller beans.
Farmers said the Harmattan was mild this week and that there were many flowers and pods on trees. They said high soil moisture content was sustaining trees through the dry season, but more rain was needed to help the mid-crop develop.
Supply from the bush had started to drop, the farmers added.
In the western region of Soubre, farmers complained about the heat and lack of rain.
"The past two weeks have been very hot. We need rain to protect the flowers and pods," said Salame Kone, who farms on the outskirts of Soubre.
"The weather is sometimes cloudy. We hope it will rain this week," Kone said.
Data collected by Reuters showed that rainfall in Soubre, including the regions of San Pedro and Sassandra, was at 0.7 millimeters (mm) last week, 2.9 mm below the five-year average.
In the center-western region of Daloa, which produces a quarter of national output, farmers said the mid-crop would be promising if the dry season was mild.
"Trees have not been damaged yet because the drought isn't strong. If it rains well this week or next week, we think it will be okay," said Raphael Kouame, who farms near Daloa.
Data showed that rainfall in Daloa, which includes the region of Bouafle was at 0.2 mm, 1.6 mm below average.
No rain fell in the eastern region of Aboisso and in the central region of Bongouanou last week. In most other cocoa-growing regions, rainfall was below 1 mm.
Average temperatures ranged from 25.4 to 28.95 degrees Celsius. (Reporting by Loucoumane Coulibaly; Editing by Sofia Christensen and David Evans)