Tyson cuts profit forecast, says slaughterhouse fire among challenges
U.S. meat processor Tyson Foods Inc on Tuesday lowered its 2019 adjusted earnings forecast citing short-term challenges due to commodity market volatility, slower-than-expected operational improvements...
Ford finds buyer for Brazil plant, but new owner could cut 1,300 jobs
Brazilian automaker CAOA reached an initial agreement to buy Ford Motor Co’s plant in Sao Bernardo do Campo, the companies said on Tuesday, but CAOA...
Wall Street pushed down by weak data, trade worries
U.S. stocks fell on Tuesday as investors worried about global growth prospects after data showed U.S. factory activity shrank in August for the first time...
U.S. Treasury yields drop, stocks slide as global slowdown fears loom
Benchmark 10-year U.S. Treasury yields fell on Tuesday to their lowest since July 2016 and all three major U.S. stock indexes lost ground in a...
Brazil automaker CAOA signs preliminary agreement to buy Ford plant
Brazilian automaker CAOA has reached a preliminary agreement to buy Ford Motor Co’s plant in Sao Bernardo do Campo, which the U.S. automaker will close...
Oil sinks as manufacturing data feeds global economy worries
Oil prices fell on Tuesday, with U.S. crude futures down 2% after manufacturing data raised concerns about a weakening global economy, while the U.S.-China trade...
Brazilian automaker CAOA signs preliminary agreement to buy Ford plant
Brazilian automaker CAOA has reached a preliminary agreement, pending due diligence, to buy Ford Motor Co’s oldest plant in Brazil, which the U.S. automaker will...
Oil industry urges Trump administration to dismiss biofuel industry wish list
The American Petroleum Institute on Tuesday urged the Trump administration to reject proposals floated by U.S. farmers and ethanol producers to boost ethanol demand, the...
Google target of new U.S. antitrust probe by state attorneys general
More than half of U.S. state attorneys general are readying an investigation into Alphabet Inc’s Google for potential antitrust violations, a source knowledgeable about the...
Wall Street traders pump up Argentine peso as currency controls hit home
Argentina’s peso surged on Tuesday, pumped up by Wall Street traders, back after a long holiday weekend, cheering President Mauricio Macri’s capital controls that are...