A coalition of US states seeks to block Corteva's planned corporate split, alleging it would shield assets from PFAS liability claims. Corteva denies the accusations, calling the move a legitimate business strategy to focus on crop protection and seeds.
The Associated Press fact-checked President Trump's UN address, debunking claims regarding munitions, oil reserves, and drug seizures. Experts clarified that while US-Venezuela oil deals exist, infrastructure issues prevent immediate production increases.
The CW75 index rose 0.12% this week, underperforming major global indices. Element Solutions shares surged double digits following the termination of its merger, rebounding from a six-month low.
McDonald's plans to expand fried chicken offerings to counter rising beef costs and shifting Gen Z preferences. The company will invest $8.5 billion to support franchisees while facing increased competition from specialized chains like KFC and Popeyes.
EMCO Chemical Distributors has acquired Pride Chemical Solutions to expand into the Northeast US market. The transaction includes assets serving over 1,500 customers across food, pharmaceutical, and industrial sectors.
Wacker Chemie AG sold 2.2 million Siltronic shares worth €171 million, cutting its stake to 15% to strengthen finances for future growth.
Barentz BV has established a new human nutrition application laboratory in Shanghai, focusing on bakery and savory solutions utilizing modified starches and stabilizers to support its global technical network.
The OECD, IMF, and IIF warned of escalating global debt risks amid soaring borrowing costs. Reports also flagged oil price surges and El Niño-driven food price hikes as key economic threats.
Southeast Asia is developing over 100 GW of gas power and 70 million tons of LNG import capacity despite Middle East conflict risks. Global Energy Monitor reports $160 billion investment, though geopolitical fragility has led to project cancellations in key markets.
Asian stocks and bonds fell on inflation fears driven by an oil rally. Brent crude reached $103.08 per barrel while US Treasury yields surged above 5%.
US Energy Secretary Chris Wright warned oil executives about potential diesel export restrictions amid internal White House debates over rising fuel prices. Officials are exploring voluntary supply measures rather than a blanket ban to avoid market disruption.
Oil prices surged amid renewed US-Iran tensions, with WTI nearing $93 and Brent exceeding $103 per barrel. Speculation on potential US diesel export curbs contributes to market volatility as energy costs impact global inflation.
US FDA advisers voted 7-2 that Grail's Galleri blood-based cancer test benefits outweigh risks, paving the way for potential nationwide approval. The test detects multiple cancers from a single blood draw with high specificity, serving as an addition to standard care.
President Trump confirmed meetings between US and Iranian officials during the U.N. General Assembly despite threats of military action, while global energy markets remain volatile due to regional conflict, pipeline disruptions, and sanctions on Russian oil.
Rising diesel prices are impacting voters ahead of midterms, prompting the Trump administration to consider an export ban. Experts analyze the economic drivers and political fallout in a new podcast episode.
Maine senators urged President Trump to release emergency heating oil reserves as record diesel prices, driven by geopolitical conflicts, impose heavy financial burdens on Northeast households.
Kumiai Chemical Industry reported a 36.7% drop in profit despite revenue growth, impacted by herbicide inventory valuation losses and restructuring expenses, though fine chemicals benefited from AI server demand.
US Treasury yields surpassed 5% amid rising inflation expectations, while diesel futures dropped on speculation of export bans. Geopolitical tensions and high borrowing costs dominate the trading day outlook.
Biocon has partnered with Bahiafarma and Bionovis to localize Pertuzumab API production in Brazil under a 10-year government partnership securing exclusive access to 70% of national demand.
UK Energy Secretary Miatta Fahnbulleh prioritizes reducing household bills, stating affordability drives clean power plans rather than climate goals. The government faces grid investment challenges while aiming to maintain its 2030 clean electricity targets.
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