wars
By Alberto Alerigi and Gabriel Araujo SAO PAULO/WASHINGTON (Reuters) – Two of Brazil’s biggest industrial firms, steelmaker Gerdau and plastics producer Braskem (NYSE:), are already touting their substantial U.S. operations as a hedge against the risk of protectionism from President-elect Donald Trump. Trump has floated the idea of a 10%…
Chicken tenders are the new focus for fast-food chains, replacing chicken sandwiches.Chicken tenders have driven growth for chains like Chick-fil-A and Raising Cane’s.KFC just launched tenders to capitalize on the growing demand. Few things evoke childhood memories, like biting into a crispy, crunchy chicken tender. Juicy chicken-breast meat coated in…
By Mike Spector, Nate Raymond and Chris Prentice (Reuters) – A Texas federal judge with a record of ruling in favor of conservative causes injected uncertainty into Boeing (NYSE:)’s agreement to plead guilty over two fatal 737 MAX plane crashes, seizing upon a single sentence in the deal about the…
Ukrainian President Volodymyr Zelenskyy said on Wednesday that Russia has moved its focus away from Kharkiv and to the eastern front, with fighting intensifying near the city of Pokrovsk.In an interview with French media, Zelenskyy said Russian forces are now “throwing everything they have” at Pokrovsk.”The main objective today, after…
Elon Musk doesn’t like what Lucasfilm President Kathleen Kennedy has done with the Star Wars franchise.”She’s more deadly than the Death Star!” Musk wrote on his social media platform X on Friday in response to a meme that called Kennedy a “franchise killer.”The Academy Award-winning film producer was appointed president…
By Casey Hall SHANGHAI (Reuters) – An aggressive market grab by low-cost Chinese retailers has delivered bumper earnings for some firms but has also intensified a bruising price war, exacerbating deflationary fears in the world’s second-largest economy. From coffee to cars to clothes, China’s discount retailers have cut prices on…
With the possibility of Donald Trump returning to the White House, market analysts are evaluating the potential impact of a new round of trade wars. According to Evercore ISI, a second Trump administration would likely reintroduce volatility into the markets. “We believe Trump 2.0 would mean the return of trade-related…