Brewers’ volumes disappoint as drinkers buy less beer
Two of the biggest brewers, Anheuser-Busch InBev and Carlsberg, sold less than forecast in the third quarter as consumers, particularly in China, cut their spending…
Statement about the negative vote by the International Trade Commission
The following statement was issued by the U.S. Aluminum Extruders Coalition (USAEC) and the United Steel, Paper and Forestry, Rubber, Manufacturing, Energy, Allied Industrial and…
Bird flu spreading fast among EU poultry
Bird flu has been spreading fast among poultry in the European Union this season, raising concerns of a repeat of previous crises that led to…
Oil prices rise 1% after boost from US fuel demand
Oil prices gained 1% on Thursday after rallying the previous day on stronger than expected U.S. fuel demand and reports that producer group OPEC+ could…
Caterpillar forecast hit by lower N. America stockpiling, weak Europe, Asia/Pacific
Caterpillar on Wednesday trimmed its annual revenue forecast again on weakness in Europe and Asia/Pacific and lower equipment stocking by independent dealers in North America…
Bunge beats quarterly profit estimates on grain, oilseed volumes; 2024 outlook intact
Bunge exceeded Wall Street expectations for third-quarter profit on Wednesday as large global harvests provided the grain trader and processor enough volumes of soy, corn…
Adidas sees strong sales in China as it opens more stores
Adidas saw strong growth in Greater China in the third quarter, while sales in North America excluding Yeezy shoes were up thanks to improving brand…
US goods trade deficit surges to 2-1/2-year high on jump in imports
The U.S. trade deficit in goods widened to a 2-1/2-year high in September amid a surge in imports, prompting some economists to trim their economic…
What happens as EU concludes investigation of Chinese-made EVs?
The European Union formally approved imposing tariffs on Chinese-made electric vehicles (EVs) on Tuesday after an investigation that has divided the bloc and prompted retaliation…
EU slaps tariffs on Chinese EVs, risking Beijing payback
The European Union has decided to increase tariffs on Chinese-built electric vehicles to as much as 45.3% at the end of its highest profile investigation…
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