Oil prices are gaining Monday after negotiations between the U.S. and Iran stalled over the weekend and a standoff in the Strait of Hormuz remained despite a ceasefire. Iran’s foreign minister is …
Businesses Working With Iranian Airlines Risk Sanctions, Warns U.S. Treasury Secretary
Treasury Secretary Scott Bessent warned that the U.S. will place sanctions on anyone conducting business with sanctioned Iranian airlines as commercial flights resume from Tehran. “Doing business with …
Hormel Foods Completes Sale of Whole-Bird Turkey Business
Melrose, Minn., processing plant, workforce, feed mill and transportation assets have transferred ownership to Life-Science Innovations (LSI).
Hormel to sell whole-bird turkey business
AUSTIN, MINN. — Hormel Foods Corp. has agreed to sell its whole-bird turkey business to Life-Science Innovations (LSI), a move Hormel’s top executive said will reduce the company’s exposure “to more …
Japan to tighten rules for shareholder proposals amid pushback against activism
TOKYO — Japan is moving to tighten the criteria for submitting shareholder proposals, signaling a growing backlash from companies frustrated by intensifying pressure from activist investors calling …
Indonesia introduces new quota system for peanut imports
Aimed at encouraging domestic production, the new regulation with tight quality norms is likely to affect Indian exports …
Saudi Arabia Vision 2030 final phase begins with $1.31tr GDP, 123m tourists
Saudi Vision 2030 enters final phase in 2026 as GDP hits $1.31tr and tourism reaches 123m, marking major economic gains …
Saudi Arabia’s Business Travel Drove the Middle East’s 2025 Growth
The Middle East’s travel and tourism sector grew 5.3% in 2025, outpacing the global average of 4.1%, the World Travel & Tourism Council said.
Thailand’s nominee crackdown in 2026: A turning point for foreign investment
Thailand is entering a new phase in its approach to foreign business regulation. Two recent developments DBD Order No. 1/2569 and the multi-agency enforcement agreement signed on April 29 signal a …
Turkey unveils steep tax cuts to boost competitiveness, investment
Turkey unveiled details on Monday of a broad package of incentives aimed to boost competitiveness and attract investment, and also position its biggest city Istanbul as a leading financial gateway …