The head of Bud Light maker Anheuser Busch InBev NV, the world’s biggest beer maker, said input-cost inflation pressures are easing significantly and will begin positively impacting profit margins later in the year.
US Secretary of State Antony Blinken used a United Nations session on global food security to hit at Russia for disrupting the flow of food with its war on Ukraine and its withdrawal from the international grain deal. “Every member of this council, every member of the United Nations, should tell Moscow, ‘Enough,’” Blinken told the Security Council. “Enough using the Black Sea as blackmail. Enough treating the world’s vulnerable people as leverage.”
Billionaire shale pioneer Harold Hamm says oil prices could end the year below current levels as economic growth stagnates in the US and overseas.
Disruptions at two North American ports have created a logjam in fertilizer exports that will take weeks to be resolved, according to top supplier Nutrien Ltd.
Bank of England Governor Andrew Bailey said it is too soon for the UK to declare victory in the battle against inflation and that the “last mile” will require a prolonged period of restrictive interest rates.
Donald Trump claimed he was going to be arrested when he arrives at the federal courthouse in Washington for his arraignment Thursday on charges he conspired to obstruct the certification of the 2020 presidential election. But the US Marshals Service says otherwise.
The high-yield bond market is becoming a favorite of companies that once raised cash using leveraged loans, luring borrowers with lower costs and a wealth of investor demand.
US Secretary of State Antony Blinken, leading a UN debate on efforts to combat global hunger, zeroed in on Russia for disrupting the flow of food with its war on Ukraine and its withdrawal from an international grain deal.
Some of the biggest US shale producers upgraded their output forecasts after a surprise boost in well performance that appeared to ease last year’s productivity decline that became a key concern for the industry.
Attacks on Mohamed Adam’s El Geneina neighborhood in Sudan’s western Darfur region continued relentlessly for a month before he finally fled the onslaught by members of the paramilitary Rapid Support Forces and Arab Rizeigat militia.
