Carlos Alvarez/Getty Images Entertainment Spain has closed its airspace to U.S. aircraft involved in the Iran war, Defense Minister Margarita Robles said, the latest move by Europe's most vocal opponent of U.S. and Israeli attacks on Iran. "This was made clear to the American military from the very beginning," she told reporters. "Neither the bases are authorized, nor is the use of Spanish airspac...
Carlos Alvarez/Getty Images Entertainment Spain has closed its airspace to U.S. aircraft involved in the Iran war, Defense Minister Margarita Robles said, the latest move by Europe's most vocal opponent of U.S. and Israeli attacks on Iran. "This was made clear to the American military from the very beginning," she told reporters. "Neither the bases are authorized, nor is the use of Spanish airspace authorized for any actions related to the war in Iran." President Donald Trump previously threatened to cut off trade with Spain over its refusal to let U.S. forces use the Rota and Moron military bases in the country. In an interview with Al-Jazeera on Monday, Secretary of State Marco Rubio criticized the moves by Spain, "a NATO member that we are pledged to defend." "If NATO is just about us defending Europe if they're attacked but then denying us basing rights when we need them, that's not a very good arrangement," he said . "So all of that is going to have to be reexamined." Daniel Baer, director of the Europe Program at the Carnegie Endowment for International Peace, said it's unlikely that other European countries will follow Spain's lead. "Most Europeans are focused on keeping some measure of U.S. cooperation in supporting Ukraine, so I think it's less likely that others join, even as they voice concerns about a lack of clarity around U.S. strategic objectives in Iran," he said. -- The Associated Press contributed to this report. More on Spain EWP: Moderating Inflation, AI Investments, And American Tensions Bode Well For Spain NATO is at a breaking point with defense spending on the line Trump tells Bessent to cut off all dealings with Spain Spain criticizes U.S.-Israeli strikes on Iran; Israel fires back
National average hit $4.02, according to AAA data, capping an extraordinary rise from $2.98 just a month ago Average US fuel prices have crossed $4 per gallon for the first time in four years, piling pressure on drivers as Donald Trump’s war on Iran continues to boost oil markets. The nationwide average climbed to almost $4.02 on Tuesday, according to AAA data, capping an extraordinary rise from $...
National average hit $4.02, according to AAA data, capping an extraordinary rise from $2.98 just a month ago Average US fuel prices have crossed $4 per gallon for the first time in four years, piling pressure on drivers as Donald Trump’s war on Iran continues to boost oil markets. The nationwide average climbed to almost $4.02 on Tuesday, according to AAA data, capping an extraordinary rise from $2.98 just a month ago. It has not been this high since August 2022. Continue reading...
Core focus will be on beauty, personal care and home products after spinning off brands such as Hellmann’s and Pot Noodle into $60bn entity Business live – latest updates Unilever is in advanced talks to combine its food business with US-based McCormick , in a deal including $15.7bn (£11.9bn) cash that would give the Marmite-to-Hellmann’s mayonnaise owner majority control of a $60bn food empire. L...
Core focus will be on beauty, personal care and home products after spinning off brands such as Hellmann’s and Pot Noodle into $60bn entity Business live – latest updates Unilever is in advanced talks to combine its food business with US-based McCormick , in a deal including $15.7bn (£11.9bn) cash that would give the Marmite-to-Hellmann’s mayonnaise owner majority control of a $60bn food empire. London-listed Unilever will control 65% of the new spin-off, which will combine brands such as Knorr and Pot Noodle with McCormick’s condiments and spices including French’s mustard, Old Bay seasoning and Cholula hot sauce. Continue reading...
Our cartoonist on the 78-year-old’s shock move to Bristol and his attempts to connect with the young ‘uns Buy a cartoon | David’s favourite works of 2025 And his latest book, Chaos in the Box: get it now Continue reading...
Our cartoonist on the 78-year-old’s shock move to Bristol and his attempts to connect with the young ‘uns Buy a cartoon | David’s favourite works of 2025 And his latest book, Chaos in the Box: get it now Continue reading...
Chinese artificial intelligence company Zhipu AI posted worse-than-expected annual revenue growth in its first earnings report since its initial public offering (IPO) in Hong Kong in January. Revenue rose 131.9 per cent year on year to 724.33 million yuan (US$104.8 million) for the year ended December 2025, the Beijing-based company said on Tuesday, lagging an estimate of 756 million yuan by analy...
Chinese artificial intelligence company Zhipu AI posted worse-than-expected annual revenue growth in its first earnings report since its initial public offering (IPO) in Hong Kong in January. Revenue rose 131.9 per cent year on year to 724.33 million yuan (US$104.8 million) for the year ended December 2025, the Beijing-based company said on Tuesday, lagging an estimate of 756 million yuan by analysts polled by Bloomberg. Total losses soared 59.5 per cent to 4.72 billion yuan driven by mounting...
McCormick press release ( MKC ): Q1 Non-GAAP EPS of $0.66 beats by $0.07 . Revenue of $1.87B (+16.7% Y/Y) beats by $80M . Current Guide March 2026 Reported ConstantCurrency Net sales growth 13% to 17% 12% to 16% Contribution from acquisition of McCormick de Mexico 11% to 13% 11% to 13% Organic sales growth --- 1% to 3% Adjusted operating income 16% to 20% 15% to 19% Adjusted Earnings per share (EP...
McCormick press release ( MKC ): Q1 Non-GAAP EPS of $0.66 beats by $0.07 . Revenue of $1.87B (+16.7% Y/Y) beats by $80M . Current Guide March 2026 Reported ConstantCurrency Net sales growth 13% to 17% 12% to 16% Contribution from acquisition of McCormick de Mexico 11% to 13% 11% to 13% Organic sales growth --- 1% to 3% Adjusted operating income 16% to 20% 15% to 19% Adjusted Earnings per share (EPS) $3.05 to $3.13 2% to 5% 1% to 4% Click to enlarge More on McCormick McCormick Q1 Earnings Preview: A Cool Valuation For This Spice Leader McCormick & Company, Incorporated (MKC) Presents at Consumer Analyst Group of New York Conference 2026 Prepared Remarks Transcript McCormick & Company, Incorporated (MKC) Presents at Consumer Analyst Group of New York Conference 2026 - Slideshow Biggest stock movers: SPCE, MKC, and more Unilever, McCormick near merger to create global food giant
Sashkinw/iStock via Getty Images Mueller Industries Inc. ( MLI ) on Monday said it acquired Bison Metals Technologies , adding a U.S.-based copper tube producer to its portfolio. Bison operates a single manufacturing facility in Shawnee , bolstering Mueller’s domestic production footprint. Terms of the deal weren't disclosed. Shares of Mueller ( MLI ) rose 2% in premarket trading Tuesday. Mueller ...
Sashkinw/iStock via Getty Images Mueller Industries Inc. ( MLI ) on Monday said it acquired Bison Metals Technologies , adding a U.S.-based copper tube producer to its portfolio. Bison operates a single manufacturing facility in Shawnee , bolstering Mueller’s domestic production footprint. Terms of the deal weren't disclosed. Shares of Mueller ( MLI ) rose 2% in premarket trading Tuesday. Mueller Chief Executive Greg Christopher in a statement said the acquisition will expandits tube manufacturing capacity while improving its ability to produce feedstock for value-added products. He said increasing U.S.-based production should help reduce tariff-related costs tied to materials currently sourced from overseas operations. Broader industrial capabilities The acquisition also enhances Mueller’s industrial tube capabilities, a key component across its end markets. The company manufactures products used in air and water distribution, oil and gas systems, climate control, food preservation, electrical transmission, medical applications, aerospace and automotive sectors. Mueller ( MLI ) operates a network of manufacturing businesses across North America, Europe, Asia and the Middle East. The addition of Bison underscores a continued emphasis on domestic capacity as companies navigate supply chain risks and trade pressures. More on Mueller Mueller Industries: Strong Full-Year Results Overshadowed By Q4 Margin Pressure Seeking Alpha’s Quant Rating on Mueller Historical earnings data for Mueller Dividend scorecard for Mueller Financial information for Mueller