| McDonald’s supplier Taylor Farms is recalling some yellow onion batches produced in a Colorado facility in response to a deadly E. coli outbreak at the burger chain. Taylor Farms said it hadn’t found traces of the bacteria yet but decided to pull the products “out of an abundance of caution.” Vladimir Putin's attempt to build an anti-West alliance received pushback from Indian Prime Minister Narendra Modi. He said the BRICS group of emerging markets—whose leaders are currently meeting in Russia—shouldn't project itself as an alternative to global organizations. Modi is trying to balance the politics of forging closer ties with Russia, which India relies on for cheap oil, and with the US, which provides access to cutting-edge technology. A Birkin luxury handbag. Photographer: Adrienne Surprenant/Bloomberg Hermes sales rose as well-heeled consumers continued to snap up its pricey Birkin handbags. The company managed to buck the broader luxury market slump that has dragged down peers like Gucci-owner Kering and LVMH. Many high-end firms are suffering from a downturn in Chinese demand for luxury products. The race for the White House is a cause for concern in Brazil. Billionaire Andre Esteves said he’s worried about the lack of debate over the ballooning US deficit and what he sees as the excessive printing of money. The chairman of Banco BTG Pactual contrasted the US situation with investor concern over his own country’s fiscal deficit. | 