The US Department of Agriculture projects lower pork imports for the Philippines by 10 percent in July due to weak consumer demand and limited cold storage capacity.

Some analysts on Wall Street are beginning to wonder whether a volatile currency, declining global clout and a reliance on foreign investors could relegate the United Kingdom to "emerging market" status.

Tesla CEO Elon Musk just zoomed past Warren Buffett on the Bloomberg Billionaires Index to become the world's seventh wealthiest person.