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US farmers hit by trade war to get 'substantial' aid: Treasury chief
US farmers hit by trade war to get 'substantial' aid: Treasury chief

US Treasury Secretary Scott Bessent signaled Thursday that "substantial support" for farmers would be announced next week, particularly for those growing soybeans, as they struggle with fallout from President Donald Trump's trade conflicts. "You should expect some news on Tuesday on substantial support for our farmers, especially the soybean farmers," Bessent told CNBC early Thursday.

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by  AFP

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Los Angeles wildfires costliest in history: Munich Re
Los Angeles wildfires costliest in history: Munich Re
by  AFP

German reinsurance giant Munich Re said Wednesday that last month's huge wildfires in Los Angeles had been the costliest "in the history of the insurance industry". Nonetheless, the figure would represent "the most substantial wildfire losses in the history of the insurance industry", Munich Re said.

AB InBev posts record sales in 2024 despite beer volumes slipping
AB InBev posts record sales in 2024 despite beer volumes slipping
by  AFP

AB InBev, the world's leading brewer whose portfolio includes Budweiser, Corona and Stella Artois, said revenue hit a record level in 2024 although beer volumes slid. That came despite sales sliding 1.4 percent by volume, with beer volumes down by 1.9 percent.

Aston Martin cuts jobs as weak China demand weighs
Aston Martin cuts jobs as weak China demand weighs
by  AFP

Aston Martin Lagonda announced Wednesday it would cut about five percent of its workforce as weak Chinese demand contributed to losses widening at the luxury car group last year. Aston Martin, which is slowly transitioning to electric car models, said it hoped for annualised savings of £25 million.

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