* South Korea's petrochemical sector to cut capacity to boost efficiency * Government to ease regulations, offer financial support for restructuring * Global petrochemical margins unlikely to recover before 2027, analysts say SEOUL, Aug 20 (Reuters) - Ten South Korean petrochemical companies have agreed to restructure their operations, including large cuts to their naphtha-cracking capacity, government officials said on Wednesday....

Aug 19 (Reuters) - Billionaire Elon Musk is quietly putting the brakes on plans to start his new political party, telling allies he wants to focus on his companies, the Wall Street Journal said on Tuesday, citing people with knowledge of the plans. Musk unveiled the 'America Party' in July after a public dispute with President Donald Trump on the...

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(Reuters) -Cash-conscious consumers choosing to eat in rather than dine out have raised the prospect of an upturn in earnings for supermarkets and food delivery firms, according to data, analysts and company executives. U.S. President Donald Trump's tariff policies have added to economic uncertainty, increased the likelihood of stubborn inflation and made consumers question whether restaurants are worth the expense....