Cargill begins job cuts in drive to reduce headcount by 5%
Global commodities trader Cargill began laying off employees across its vast operations on Tuesday in a drive to slash headcount by 5%, sending U.S. workers…
GM to take more than $5 billion in charges on China operations
General Motors told shareholders on Wednesday that it would record two non-cash charges totaling more than $5 billion on its joint venture in China, one…
China bans export of key minerals to U.S. as trade frictions escalate
China has banned exports to the United States of items related to the minerals gallium, germanium and antimony that have potential military applications, it said…
Cargill to terminate about 475 employees in Minnesota
Global trading house Cargill plans to permanently terminate about 475 employees in Minnesota, home to its corporate headquarters, starting on Feb. 5, according to a…
US Thanksgiving weekend records 197 million shoppers, retail body says
About 197 million Americans shopped over the five days from Thanksgiving through Cyber Monday this year, data from the National Retail Federation showed on Tuesday.
Cohesive approach needed to reconcile imperatives in agriculture and trade, report says
A new report from the Global Forum on Farm Policy & Innovation (GFFPI) highlights the complexities of balancing trade and sustainability objectives, emphasizing the pressing…
Trump’s trade threat runs into inconvenient dollar truth
President-elect Donald Trump's latest threat to slap huge tariffs on countries that try to move away from the "mighty U.S. dollar" inadvertently highlights the intractable…
Trump says tax incentives and tariffs will make US Steel stronger
U.S. President-elect Donald Trump said on Monday a series of tax incentives and tariffs will make U.S. Steel strong again, as he reiterated his opposition…
After China’s mineral export ban, how else could it respond to U.S. chip curbs?
China has banned exports to the U.S. of some goods containing critical minerals while tightening exports on others, after U.S. curbs a day earlier on…
Trump reiterates opposition to Nippon Steel’s takeover of U.S. Steel
U.S. President-elect Donald Trump said on Monday a series of tax incentives and tariffs will revive storied American firm U.S. Steel, as he reiterated his…
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