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https://www.wsj.com/articles/inflation-groceries-cookouts-chicken-eggs-prices-88ac75d0
Middle Eastern sovereign-wealth funds have a lot of money to invest. More of it is set to go to Chinese businesses.The increasing economic links between China and the Middle East show the challenges that will face the U.S. as it navigates the region. fayez nureldine/Agence France-Presse/Getty Images
Clariant forecast underlying earnings of CHF650-CHF700 million this year, with an Ebitda margin of 14.3%-15.1%, and lower than previously estimated sales, as preliminary second-quarter results showed weaker demand due to macroeconomic challenges.
U.S. markets were closed for Independence Day; Chinese metal producers’ stocks rose after Beijing set export restrictions on minerals used in advanced chips.
Just as the Texas Two-Step looked to be on the ropes, a federal appeals court showed the controversial tactic still has legs. The Fourth Circuit Court of Appeals earlier this week signaled strong approval for Georgia-Pacific’s strategy of settling mass asbestos claims through the chapter 11 case of its affiliate Bestwall, the first of the current breed of Texas Two-Step bankruptcies. Bestwall filed for chapter 11 in 2017 in North Carolina and has since been locked in a standoff with asbestos-injury claimants who are determined...