Pilgrim's Pride Corp and Tyson Foods Inc said on Monday they have settled price-fixing litigation by a group of poultry buyers that accused them of violating U.S. antitrust law by conspiring to inflate chicken prices.
The dollar edged higher across the board on Monday, extending a rebound from the near three-year low hit last week, taking strength from the recent spike in Treasury yields and the prospect of a growth boost from higher U.S. fiscal stimulus.
Monte dei Paschi di Siena said it would grant access to confidential data to potential merger partners selected by its advisers, as Italy presses ahead with plans to cut its stake in the state-owned bank.
New models will help electric vehicle sales in China zoom this year, after tepid business in a virus-riddled 2020, and analysts predict Tesla's Model Y pricing will emerge as a major disruptor in the world's biggest car market.
WASHINGTON: Outgoing US President Donald Trump's trade chief on Monday (Jan 11) urged President-elect Joe Biden to maintain tariffs imposed on China, arguing that they have shifted the balance of power in Washington's favour. In an interview with The Wall Street Journal, US Trade Representative ...
Republicans in the U.S. Congress faced growing blowback on Monday from businesses that said they would cut off campaign contributions to those who voted last week to challenge President-elect Joe Biden's victory.
The Chinese President made several political moves last year to strengthen his power, says Christian Le Miere.
Outgoing US President Donald Trump's trade chief on Monday urged President-elect Joe Biden to maintain tariffs imposed on China, arguing that they have shifted the balance of power in Washington's favour.
Chesapeake Energy Corp's value has soared since its June bankruptcy filing, the U.S. judge overseeing the natural gas producer's trial indicated, and is worth US$5.13 billion, far above the shale gas pioneer's estimate.
U.S. stock index futures slipped from record levels on Monday, as investors assessed a surge in coronavirus cases and faltering economic indicators following a solid run on hopes of more fiscal stimulus.
