McDonald's posted a steeper-than-expected drop in quarterly global sales, hurt by muted demand across key markets, including Europe and the United States where it is expected to face more weakness as the burger giant reels from a deadly E. coli outbreak.
McDonald’s global sales fall on muted demand; E. coli outbreak fallout looms
Canada’s renewable diesel projects hit by US import surge
Canadian renewable fuel producers are facing lower returns on new facilities due to a slump in British Columbia's low carbon fuel standard (LCFS) credit market, a trend expected to persist amid a flood of exports from the United States.
Saskatchewan Party retains power in provincial election
Premier Scott Moe's right-of-center Saskatchewan Party is extending its hold on power in the province after winning a small majority in Monday's election, preliminary results showed on Tuesday.
U.S. grains: Soybeans ease after crude oil falls
Chicago Board of Trade soybean futures fell on Monday as crude oil prices dipped and harvest pressure dragged down soy and corn prices, market analysts said.
U.S. livestock: Cattle futures climb on fund buying, strong beef demand
Chicago Mercantile Exchange live and feeder cattle futures rose on Monday on fund buying and strong demand for beef, even as the red meat has become more expensive to consumers, said analysts.
Brazil fines meat packers $64 million for buying cattle from deforested Amazon land
Brazil's environmental protection agency IBAMA has imposed 365 million reais (C$88.9 million) in fines on cattle ranches and meat packers, including the world's largest JBS SA, for raising or buying cattle on illegally deforested land in the Amazon.
McDonald’s rules out beef patties as source of E. coli outbreak
McDonald's on Sunday ruled out beef patties as a source of the E. coli outbreak linked to Quarter Pounder hamburgers, which has killed at least one person and sickened nearly 75 others.
U.S. grains: CBOT soybeans, corn drop on continued supply pressure
Chicago Board of Trade soybean and corn futures fell on Friday, as hefty supply from a rapid U.S. harvest weighed heavily over contracts, market analysts said.
U.S. livestock: Cattle futures fall on positioning before USDA data release
Chicago Mercantile Exchange live cattle futures dipped slightly on Friday, while feeder cattle and lean hogs ticked up as traders squared positions prior to the release of the U.S. Department of Agriculture's Cattle on Feed report, after a choppy week of trading, analysts said.
Canada’s immigration cuts could hurt labour pool, industry groups say
Toronto | Reuters — Immigration cuts, meant to ease strained housing and social services, could hurt the country’s labor pool, some industry groups said yesterday. While Canada has long prided itself as a place that welcomes new immigrants, public opinion in the country has recently soured on immigration, which has been blamed for reducing housing […] Read more
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