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Brazil seeks WTO relief against Trump tariffs
Brazil seeks WTO relief against Trump tariffs
by  AFP

Brazil on Wednesday approached the World Trade Organization (WTO) for relief against a hefty trade tariff imposed by President Donald Trump on more than a third of US-bound exports from the Latin American powerhouse.

McDonald's sees US rebound but says low-income diners remain stressed
McDonald's sees US rebound but says low-income diners remain stressed
by  AFP

McDonald's profits rose in the second quarter behind a rebound in US sales but executives said Wednesday that low-income consumers remained under economic stress. McDonald's Chief Executive Christopher Kempczinski described the US consumer base as "bifurcated," with weakness in low-income consumers a reason for lingering caution on the outlook, he said at the outset of an earnings conference call.

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