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Exclusive-Nutrien mulls Latam divestments after losses, management exodus

SAO PAULO (Reuters) -Nutrien Ltd., the world's largest producer of potash fertilizer, is mulling divestments in South America, replacing management and halting an acquisition spree in Brazil after steep losses in the region, according to sources with direct knowledge of the matter. Nutrien this year separated Brazil from the rest of its Latin American operations as it mulls the sale of Argentina, Chile and Uruguay assets in order to streamline operations in the region, two sources said. S...
Sao Paulo United States Andre Dias Marcelo Mello Ken Seitz Caroline Stauffer
Source: yahoo.com

US may soon unveil list of Chinese chip factories barred from receiving tech

WASHINGTON (Reuters) -The United States is drawing up a list of advanced Chinese chipmaking factories barred from receiving key tools, three people familiar with matter said on Thursday, to make it easier for companies to stem technology flows into China. The commerce department in 2022 barred U.S. companies from shipping equipment to Chinese factories producing advanced chips, as the U.S. seeks to severely limit Beijing's technological advances over national security concerns. But companie...
United States Alexandra Alper Karen Freifeld Chinese Embassy Commerce Department Anna Driver
Source: aol.com

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Fast-food companies seeing low-income diners pare orders

Runaway prices at U.S. fast-food joints and restaurants have made people skittish down the income ladder and executives at chains including McDonald's and Wendy’s recently said they worry about losing business from those on the tightest budgets. Roughly a quarter of low-income consumers, defined as those making less than $50,000 a year, said they were eating less fast food and about half said they were making fewer trips to fast-casual and full-service dining establishments, accordi...
United States San Antonio Mike Lukianoff Lauren Oxford David Henkes David Gibbs
Source: yahoo.com

US home flipping malaise pinches reality TV stars to contractors

While the increase in interest rates engineered by the Federal Reserve over the last two years put a damper on the overall U.S. housing market, it took a sledge hammer to home flippers from small contractors to reality TV stars. Just ask Tarek El Moussa, star of HGTV’s "The Flipping El Moussas" and former co-host of the real estate and renovation focused channel's mainstay, "Flip or Flop." The number of Americans acting as investors in the housing market dived 3...
United States Los Angeles San Francisco Bay Ghulam Mustafa Loren Ruch Tarek El Moussa
Source: yahoo.com

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