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The US trade deficit in goods and services increased 1.5% to $71.1 billion in November from October. The increase was due primarily to a 3.2% surge in imports, which outpaced a 0.8% gain in exports.
The global food industry is facing a crisis as the cost of a vital ingredient has surged, affecting the production of almost all types of food.
Experts warn of severe consequences as Britain faces food shortages and the world braces for record-breaking heat
Japan's soft power is generating enormous wealth for its entrepreneurs, with anime, food, and even space-related investments creating a new class of billionaires. Meanwhile, a Korean brokerage firm's stock has surged 200% due to its association with Elon Musk's SpaceX.
This week, the business world is abuzz with news of marketing stunts, industry shake-ups, and global economic trends. From Chick-Fil-A's bid to win over customers with free food to the impact of a US raid on Venezuela's oil market, we're taking a closer look at the stories that are making headlines.
In recent weeks, South Florida's real estate market has seen a flurry of activity, with several high-profile deals and leasing agreements making headlines.
New studies highlight the far-reaching impacts of conflict, climate change, and social dynamics on food security, work-life balance, and education
From coal plant funding to mangrove forest resilience and Iran war impacts on global food security
Global Roundup: Oil Prices Surge, Environmental Concerns, and Unconventional Jobs A week of global news: From oil price hikes to innovative approaches to waste management Oil prices jump after
Catch up on the latest entertainment news, from Kristen Wiig's revelation about the infamous Bridesmaids food poisoning scene to the premiere of Shrinking Season 3 and updates from the film industry.
Rising temperatures are causing tropical plants to bloom months earlier or later than usual, potentially disrupting delicate ecosystems and food supplies.
Rising food costs and conflicting consumer values create a disconnect between intentions and purchases
Grupo Herdez, a leading Mexican food company, saw its shares soar 12% after reporting better-than-expected earnings and a positive sales outlook. The company's strong performance has investors optimistic about its future growth. This surge marks the company's best day in six months.
As Scotland experiences a drop in inflation rates, driven by lower food and fuel prices, the country is also grappling with a high-profile embezzlement scandal within the Scottish National Party. Former SNP chief executive Peter Murrell has been accused of embezzling £459,000 from the party over a 12-year period.
The European Central Bank released a study warning that a relatively contained price shock could trigger a massive inflationary episode. Deutsche Bank AG vowed to maintain the independence of its research division following a controversial report that prompted CEO Christian Sewing to call US Treasury Secretary Scott Bessent.
Adidas announced a new €1 billion ($1.14 billion) share buyback program to return capital to shareholders. The company's net income increased by 14% to €638 million ($713 million) in the final quarter of 2020. The baby milk crisis has cast a shadow over the food industry, with Foodwatch alleging that companies have failed to take adequate measures to ensure the safety of their products.