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Corn up most since 2008, soy surges on US drought

US corn futures on Friday posted their biggest weekly gain since 2008 while soybeans capped their sharpest monthly rise in more than three years, as nagging drought in America’s heartland overshadowed a government report showing farmers planted larger crops than expected this year.

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markets

EU moves closer to deeper integration

European Union leaders will ask the bloc’s top four officials to develop the building blocks they have identified so far into a detailed, time-bound roadmap to a genuine economic and monetary union, draft conclusions of the EU leaders’ summit showed.

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markets

Google joins the tablet race

Google will sell a small tablet computer bearing its brand in a challenge to Amazon’s Kindle Fire. The Nexus 7 is designed specifically for Google Play, the online store that sells movies, music, books, apps and other content — the things Amazon.com also sells for its tablet computer.

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