The British oil company Shell reportedly has suspended all shipments through the Red Sea indefinitely amid the ongoing Houthi attacks from Yemen on commercial vessels on the key global trade route.
Almost 1,000 bottles of teriyaki sauce are being recalled after the producer flagged signs of microbial growth—including swelling and bubbling—in some containers, which could indicate spoilage.
Wael Sawan, Shell’s chief executive, says in an interview with WSJ’s Jenny Strasburg at Davos that the company’s decision today to suspend shipping in the Red Sea is affecting costs.