Get Nadine White’s Race Report newsletter for a fresh perspective on the week’s news Get our free newsletter from The Independent’s Race Correspondent Get our free newsletter from The Independent’s Race Correspondent On International Women’s Day, it is customary – and important, and valid – to celebrate those who have excelled in their respective fields,...
President Trump’s tariffs are throwing a wrench in fast food giants’ plans as the industry continues to struggle with rising costs and lower foot traffic. However, jittery investors may be looking toward value chains that could win over budget-conscious diners. On Friday, shares of McDonald’s (MCD) hit a record high. Over the last week, its...
China announces retaliatory tariffs on some Canada farm, food products Reuters Sat, March 8, 2025 at 1:14 AM UTC 1 min read Illustration shows printed Chinese and Canada flags BEIJING (Reuters) -China announced tariffs on Canadian agricultural and food products on Saturday, retaliating against levies Ottawa introduced in October on Chinese-made electric vehicles and steel...
(Reuters) -San Francisco Federal Reserve Bank President Mary Daly on Friday called out the elevated uncertainties around the economic outlook, but said that with the economy solid and short-term borrowing costs “in a good place,” the U.S. central bank does not need to make any rushed moves. “Economic research will tell you that uncertainty is...
(Reuters) – AI-powered software maker Logility Supply Chain Solutions said on Friday it had received an unsolicited proposal to acquire all of its outstanding shares for $15 a piece. The Atlanta, Georgia-based company had entered a definitive agreement earlier in January to be acquired by private equity-backed Aptean for $14.30 per share. The board reaffirmed...
SAO PAULO (Reuters) – Brazilian state-run oil firm Petrobras said on Friday its board approved an agreement to settle a U.S. court dispute with EIG Energy Fund XIV, including a $283 million payment by the Brazilian company. In a securities filing, Petrobras said the amount of the contingency is provisioned in its earnings. The case...
(Reuters) – A federal judge on Friday certified a class action accusing Boeing of prioritizing profit over safety and overstating its commitment to safe aircraft, prior to the January 2024 mid-air cabin panel blowout on an Alaskan Airlines 737 MAX 9. U.S. District Judge Leonie Brinkema in Alexandria, Virginia, said shareholders led by Rhode Island’s...
(Reuters) – Canada’s Alimentation Couche-Tard (ACT) said it is having exploratory talks with third parties about a potential sale of U.S. stores, which would help it gain regulatory approval should it reach a deal to take over Japan’s Seven & i Holdings. “We believe there is a clear path to obtaining regulatory approvals of a...
BEIJING (Reuters) – Oil prices were little changed on Friday but were set for their biggest weekly decline since October as the uncertainty around U.S. tariff policy is creating concerns about demand growth at the same time major producers are set to increase output. Brent futures rose 13 cents, or 0.19%, to $69.59 a barrel...
By Brigid Riley TOKYO, (Reuters) – The U.S. dollar wallowed near a four-month low on Friday as ever-shifting tariff policies fanned uncertainty and increased concern about growth prospects for the world’s largest economy, leaving investors grasping for jobs data due later in the day. Another reprieve of levies aimed at Mexico and Canada announced by...
