Tyson Foods will relocate around 1,000 corporate positions from the Chicago area as well as South Dakota to its headquarters in Springdale, Arkansas. One of the world’s largest meat producers said Wednesday that corporate staff at its Chicago and Downers Grove, Illinois, locations and Dakota Dunes, South Dakota, office will begin relocating early next year….
BRUSSELS (AP) — European Union countries agreed Wednesday to impose a price cap on Russian oil and other new sanctions after Moscow illegally annexed four regions in Ukraine amid its monthslong war, EU officials said. Diplomats struck the deal in Brussels that also includes curbs on EU exports of aircraft components to Russia and limits…
THE HAGUE, Netherlands (AP) — An independent expert appointed to mediate in the bitter dispute between the Dutch government and the nation’s farmers over plans to drastically slash emissions of nitrogen and ammonia presented a report Wednesday that included a suggestion that the government buy out hundreds of the heaviest polluters. The report could reignite…
KYIV, Ukraine (AP) — Russian President Vladimir Putin has signed laws formally absorbing four Ukrainian regions into Russia, even as its military struggles to control the territory that was illegally annexed. The documents finalizing the annexation, carried out in defiance of international laws, were published on a Russian government website on Wednesday morning. Earlier this…
GENEVA (AP) — The World Trade Organization is predicting global trade volumes will grow a lackluster 1% next year as crises and challenges weigh on markets, including high energy prices, rising interest rates and uncertainties about Chinese manufacturing output amid the lingering COVID-19 pandemic. The Geneva-based trade body said Wednesday that the amount of goods…
KYIV, Ukraine — Ukraine’s presidential office says that at least five civilians have been killed and eight have been wounded by the latest Russian shelling. A statement on Wednesday says Russian troops used six Iranian suicide drones to strike the town of Bila Tserkva in the Kyiv region, leaving one person wounded. The strikes were…
BIRMINGHAM, England (AP) — U.K. Prime Minister Liz Truss pledged Wednesday to ride out the turmoil unleashed by her tax-cutting economic agenda, saying the “disruption” will pay off in a wealthier, more efficient Britain. Truss closed a tumultuous Conservative conference in the central English city of Birmingham with a speech intended to revive the spirits…
COLOMBO, Sri Lanka (AP) — International creditors should provide debt relief to Sri Lanka to alleviate suffering as its people endure hunger, worsening poverty and shortages of basic supplies, Amnesty International said in a statement Wednesday. For months, Sri Lanka has been in the grip of a dire economic crisis and the country has defaulted…
FRANKFURT, Germany (AP) — The OPEC+ alliance of oil-exporting countries decided Wednesday to sharply cut production to support sagging oil prices, a move that could deal the struggling global economy another blow and raise politically sensitive pump prices for U.S. drivers just ahead of key national elections. Energy ministers cut production by a larger-than-expected 2…
BEIJING (AP) — Asian stocks were mixed Thursday after strong U.S. hiring dampened hopes the Federal Reserve might ease off plans for interest rate hikes and the OPEC group of oil exporters agreed to output cuts to shore up prices. Tokyo and Seoul advanced while Hong Kong and Sydney declined. Chinese markets were closed for…
