Premier Foods has begun a Section 189 process as its R1 billion Tulbagh cannery faces closure, citing US tariffs, weak export demand and rising operating costs.
Premier Foods has begun a Section 189 process as its R1 billion Tulbagh cannery faces closure, citing US tariffs, weak export demand and rising operating costs.
The cargo ship that collided with a Baltimore bridge nearly two months ago, collapsing it and killing six highway workers, was refloated on Monday and towed back into port.
The US Federal Reserve should keep interest rates at their current elevated levels for longer than previously expected due to disappointing recent inflation data, a senior bank official said Monday. "We are not yet all the way to our target of two percent," he said in prepared remarks, noting the "disappointing" recent inflation data.
Kenyan President William Ruto meets his US counterpart Joe Biden in Washington this week, with the crisis in Haiti and efforts to build trade ties likely to top the agenda. Thursday's Biden-Ruto talks will focus on trade and security partnerships including Kenya's pledge to lead a UN-backed multinational mission seeking to restore order in Haiti, which has been wracked by gang-fuelled anarchy.
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