Trade War

Many Firms Have No Contingency Plans Should US-China Trade War Worsen: DHL Survey

As the US-China trade war drags into its 16th month and continues to disrupt supply chains, more than one-quarter of multinational firms have not made cont...

US Consumer Prices Increase More Than Expected In October

US consumer prices rebounded more than expected in October and underlying inflation picked up, which together with abating trade tensions and fears of a re...

Tyson Foods Earnings Miss Forecasts As Slaughterhouse Fire Hurts Beef Sales

Tyson Foods Inc fell short of Wall Street estimates for quarterly revenue and profit on Tuesday after a fire at a Kansas slaughterhouse hurt sales volumes...

Finland's Stora Enso Expects Weak Demand In Fourth Quarter

Finnish paper firm Stora Enso on Tuesday said geopolitical uncertainties would dampen demand in the fourth quarter following a sharp drop in profit in the...

Tyson Foods Bans Growth Drug From US Hog Supply As Meat Firms Chase China Demand

Tyson Foods Inc in February will stop buying US hogs raised with a growth drug banned by China, the company said on Thursday, as global meat suppliers seek...

Commodities Trader Louis Dreyfus Sees Tough 2019 After H1 Profits Slip

Louis Dreyfus' first-half net profits fell as it faced headwinds including international trade tensions and a swine disease epidemic, with the commodity me...

China Buys US Soybeans After Declaring Ban On American Farm Goods

China snapped up a small volume of US soybeans last week after pledging to halt purchases of American farm products due to the escalating trade war between...

Shipping Giant Maersk Warns Trade War Could Hurt Container Business

A.P. Moller-Maersk beat second-quarter profit expectations to send the shipping group's shares up almost 7% in early trade on Thursday but warned a trade w...