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Bloomberg America’s biggest meat company opened its first new poultry plant in 25 years after the pandemic gave grocery-store sales of chicken a boost. Tyson Foods Inc’s $425 million plant in Humboldt, Tennessee, is starting production of the retail products this month, and the company expects to employ 1,500 people at the facility by 2023, according to a statement. While ...

Bloomberg Swiss watchmakers are still churning out too many timepieces despite production cuts following a Covid-induced sales slump, according to the head of Hermes International’s horology unit. Brands including Hermes, Rolex and Audemars Piguet temporarily halted production last year amid the pandemic, which helped ease a supply glut somewhat. Still, some producers are failing to address the issue, Laurent Dordet, ...

Bloomberg Russia warned that growing violence in Ukraine could set off a broader military conflict, brushing off German Chancellor Angela Merkel’s call to pull back troops massed near the border. “The escalation of tensions in the southeast of Ukraine justifies the measures Russia is taking,” Kremlin spokesman Dmitry Peskov said on a conference call, referring to the military buildup. “The ...

Bloomberg China’s ambassador to the US called for the two countries to take history as a guide to solve the disputes, in an apparent attempt to cool rising tensions between both nations. The two sides should carry forward the spirit of Ping-Pong diplomacy and seek common ground, Ambassador Cui Tiankai said in a recorded speech. He was speaking at an ...

Bloomberg The State Department restored rules governing officials’ contacts with Taiwan that were lifted in the Trump administration’s final days, but said the new version eased unneeded restrictions as the US looks to counter increasing encroachment by China on the island’s sovereignty. The new guidance “underscores Taiwan is a vibrant democracy and an important security and economic partner that is ...

Bloomberg The Pentagon announced plans to crack down on extremism in the ranks with new regulations, screening and training after troops and veterans participated in the January 6 attack on the US Capitol. Defense Secretary Lloyd Austin ordered a working group to rewrite the definition of prohibited extremist activity in the military, update questionnaires on past activity for new recruits ...

Bloomberg The European Union (EU) is set to postpone legal action against the UK for breaching the Northern Irish Brexit deal, according to two people familiar with the matter, as riots grip the province. The EU began proceedings last month after Britain unilaterally extended a waiver on checks on some goods entering Northern Ireland from Great Britain. The temporary exemption was ...

Bloomberg Norway’s prime minister, Erna Solberg, was fined 20,000 kroner ($2,350) for breaking her own government’s Covid restrictions in connection with a party celebrating her 60th birthday. The circumstances wouldn’t normally trigger a fine, but police suggested the country’s prime minister should be held to a higher standard. “Even though the law is the same for everyone, not everyone is ...

Bloomberg President Joe Biden proposed major boosts in funding to combat inequality, disease and climate change as part of a $1.52 trillion budget request for 2022, part of his wider push to redefine the role of government in American lives. The administration’s outline, released by the White House, kicks off a months-long process in which Congress is likely to significantly ...

Bloomberg Canada’s jobs market blew past expectations for a second straight month, one more sign the nation’s economy is on the cusp of fully recovering from the pandemic. The economy added 303,100 jobs in March, Statistics Canada reported in Ottawa. That’s triple what economists were anticipating, and follows a gain of 259,200 in February. The two-month jump was led by ...