(Reuters) -The head of the World Trade Organization (WTO) on Tuesday called for reforms of the 30-year-old institution, highlighting its consensus rule that requires unanimous agreement among members to secure global trade deals. We need to reform the system, we cannot be complacent, WTO Director-General Ngozi Okonjo-Iweala told the Future Investment Initiative conference in Riyadh.  We need to reform some...

(Reuters) -Smithfield Foods ( SFD ) posted a jump in third-quarter revenue and profit on Tuesday, as the U.S. pork processor benefited from resilient demand for higher-priced packaged meats and fresh pork.  The company, the biggest U.S. pork processor, has been working to rein in expenses amid a spike in raw material costs and cautious consumer spending. Strong results at...

Oct 28 (Reuters) - Amazon ( AMZN ) said on Tuesday it will reduce its corporate workforce by about 14,000 roles, as the tech giant cuts down on operational layers to limit costs amid ballooning investments in artificial intelligence. The company had about 1.56 million full-time and part-time employees at the end of last year. Amazon's ( AMZN ) corporate...

05:00 AM EDT, 10/28/2025 (MT Newswires) -- Holley Performance Brands (HLLY) said Monday that it has reduced its debt by an additional $10 million through repurchases of its first lien term loan facility at a discount. The recent paydown brings the company's total debt reduction to $100 million since September 2023, with the cumulative prepayments estimated to yield up to...