Mars Inc says evaluating changing Uncle Ben’s brand image
Mars Inc is “evaluating all possibilities” regarding changes to its Uncle Ben’s rice brand image, the food company told Reuters on Wednesday, following news that...
Oil falls on fears of more COVID-19 cases
Oil prices fell on Wednesday on fears about fresh outbreaks of COVID-19 but prices drew some support from stimulus measures and positive tests of a...
Wall Street opens higher on hopes of swift economic recovery
Wall Street’s main indexes opened higher on Wednesday, rising for a fourth straight session, as signs of more stimulus bolstered hopes of a quick economic...
Trump administration vows to push for ‘broad reset’ at WTO
The Trump administration will push for a broad reset of “outdated tariff determinations” at the World Trade Organization to right what it sees as years...
UK’s Supreme Court rules against Mastercard, Visa in retailers’ fees battle
Britain’s highest court on Wednesday upheld an earlier Court of Appeal ruling that credit card companies Visa and Mastercard restricted competition in the way they...
Stocks grind higher as recovery hopes stand firm
Europe’s shares added to their best gains in almost a month as safety plays lost their lustre on Wednesday, with hopes of a rapid economic...
Trade war? U.S. battle over kitchen cabinets really a domestic dispute
The anti-China trade mood has reached U.S. kitchens, where a battle is being waged over competing visions of where and how cabinets should be made....
Wall Street rally wins more fans as economy hints at recovery
Record upside surprises in U.S. economic data are bolstering the case for a “V” shaped recovery from the COVID-19 recession and boosting investor confidence in...
Dollar regains ground as investors take refuge from murky outlook
The U.S. dollar rose from early lows on Wednesday as investors wary of wider geopolitical risks sought its relative safe haven....
Lufthansa warns of threat to its $10 billion bailout deal
German airline Lufthansa warned on Wednesday that it might need to apply for protection from creditors if its state-backed bailout deal failed to win sufficient...