Chipotle Mexican Grill Inc estimated the cost of President Donald Trump’s proposed tariffs on its business at around $15 million on Monday and said it could cover them by raising burrito prices by around 5 cents.
Mexico can reach an agreement with the United States to resolve a dispute over migration that prompted U.S. President Donald Trump to threaten punitive tariffs, Mexican officials said on Monday as diplomatic talks were set to begin in Washington.
Chipotle Mexican Grill Inc could cover the cost of President Donald Trump’s proposed tariffs on Mexican imports by raising burrito prices by around 5 cents for customers, it said on Monday.
Oil prices rebounded from last week’s heavy losses on Monday after reassurances over production from top oil exporter Saudi Arabia, the de-facto leader of the Organization of the Petroleum Exporting Countries (OPEC).
Mexico can reach an agreement with the United States to resolve a dispute over migration that prompted U.S. President Donald Trump to threaten punitive tariffs, Mexico’s Foreign Minister Marcelo Ebrard said on Monday.
Nissan Motor Co is optimistic about partnering with a combined Renault and Fiat Chrysler (FCA), as long as it can protect the ownership of technology developed over two decades of working with Renault, a senior executive told Reuters.
Oil prices edged higher on Monday after reassurances from top oil exporter Saudi Arabia offered some respite from last week’s heavy losses as deepening U.S. trade wars fanned fears of a global economic slowdown.
A kilo of vanilla beans costs more than a kilo of silver.
Glencore’s head of oil, Alex Beard, who helped make the firm one of the world’s top three oil trading houses, will retire this month, the company said on Monday in yet another management shake-up amid U.S. probes into its activities.
Infineon has agreed to buy Cypress Semiconductors in a deal that values the U.S. maker of microchips used in cars and electronic devices at 9 billion euros ($10.1 billion) including debt, sending shares in the German company lower on concerns over the cost.
Factory activity contracted across Asia and Europe last month as an escalating trade war between Washington and Beijing raised fears of a global economic downturn and heaped pressure on policymakers to roll out more stimulus.
Goldman Sachs Group Inc said on Monday that West Street Capital Partners VII, a fund managed by the company’s merchant banking unit, will acquire Capital Vision Services LP, to bolster their portfolio in the healthcare services sector.
Investors sought the safety of government bonds, the yen, the Swiss franc and gold on Monday, as rising trade tensions dented stocks again and pushed oil close to bear market territory.
Korean Air Lines Co Ltd’s chief executive on Monday said ownership discussions are ongoing with family members after their patriarch’s sudden death in April raised questions about the future of the airline and parent Hanjin Group.
Azerbaijan airline AZAL has canceled a $1 billion contract with Boeing to purchase 10 737 MAX jets, a spokesman said on Monday, following the fatal crashes involving the aircraft in Ethiopia and Indonesia.
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