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Tyson Foods to close US beef plant as cattle supplies dwindle

By Tom Polansek CHICAGO (Reuters) -Tyson Foods will close a beef plant in Lexington, Nebraska, with about 3,200 employees after U.S. cattle supplies dropped to their lowest level in nearly 75 years, the meatpacker said on Friday. Supplies are expected to remain tight for at least ...
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Mercedes F1 team principal Toto Wolff sells 15% stake to CrowdStrike CEO George Kurtz

LAS VEGAS (AP) - Mercedes team principal and part-owner Toto Wolff has sold 15% of his shareholding of the Formula 1 team to George Kurtz, the CEO and founder of cybersecurity company CrowdStrike. Mercedes said the deal makes Kurtz a co-owner of the team that ...
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Exxon freezes plans for major hydrogen plant amid weak customer demand

By Sheila Dang HOUSTON (Reuters) -Exxon Mobil has paused plans to build what would be one of the world's largest hydrogen production facilities due to weak customer demand, CEO Darren Woods told Reuters in an interview on Friday. The suspension of the project, which had already ...
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Brazil hails US tariff rollback as ‘significant progress’ and seeks more exemptions

SAO PAULO (AP) - Brazil's Vice President Geraldo Alckmin on Friday hailed U.S. President Donald Trump's order to remove the additional import tariffs on some agribusiness products as "significant progress," but said the country will keep pushing for more exemptions. "We want to exclude more ...
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Ubisoft, Tencent agree 4 billion euro Vantage Studios tie-up

(Reuters) -Ubisoft said on Friday it has completed Tencent's investment in Vantage Studios, a new unit built around its Assassin's Creed, Far Cry and Tom Clancy's Rainbow Six franchises. The deal values Vantage at a pre-money enterprise value of 3.8 billion euros ($4.37 billion) and ...
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Argentina did not discuss $20 billion bailout with banks, minister says

BUENOS AIRES (Reuters) -Argentine officials did not speak with U.S. banks about a $20 billion rescue package, the country's economy minister, Luis Caputo, said on Friday in a post on social media. Caputo made the comments after the Wall Street Journal reported on Thursday that ...
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Trump tariff relief leaves 22% of Brazil’s shipments still hit

BRASILIA (Reuters) -Brazil's government said on Friday that 22% of its exports to the United States remain subject to a 40% extra tariff after President Donald Trump expanded the list of exemptions to include goods such as coffee, meat and fruit. Those products are ...
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Bidders for Warner Bros Discovery face barrage of political and regulatory risks

By Dawn Chmielewski and Chris Sanders (Reuters) -Paramount Skydance, Comcast and Netflix are bidding to buy Warner Bros Discovery, Reuters reported on Thursday, but each company's bid faces its own political and regulatory risks. Factors to watch include market share imbalances each bidder could bring, investors ...
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Exclusive-Glass Lewis mulls US investment adviser registration, could ease criticism

By Ross Kerber (Reuters) -A top Glass Lewis executive said the firm may register itself as a U.S. investment adviser, which would subject it to more regulation but potentially assuage criticism from corporate executives and Republican politicians over its proxy voting recommendations. "We're seriously considering registration ...
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Fed’s Collins leans against December rate cut in CNBC interview

By Michael S. Derby BOSTON (Reuters) -Federal Reserve Bank of Boston President Susan Collins said on Friday that monetary policy is in the right place amid a resilient economy, in comments that suggest she remains skeptical of the need to cut interest rates again at ...
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SIX Group weighs pan-European SME exchange, acquisitions

By Charlie Conchie LONDON -The operator of the Swiss and Spanish stock markets is weighing acquisitions and the launch of a pan-European equity exchange for small and medium-sized firms, its chief executive told Reuters. SIX Group, which owns the SIX Swiss stock exchange in Zurich, ...
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Analysis-China’s largest US soybean buy in 2 years buoys prices, triggers sales by struggling farmers

By Karl Plume CHICAGO (Reuters) -The largest U.S. soybean sales to China in more than two years this week could be just the beginning of an accelerated buying program by Beijing after the world's top importer shunned U.S. supplies for months due to a trade ...
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