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Bayer considering stopping sales of glyphosate to private users: newspaper

Bayer is considering stopping sales of the weedkiller glyphosate to private users who apply it in their gardens, German newspaper Handelsblatt reported on Thursday, citing financial and corporate sources.



5 years ago

Tokyo prosecutors issue arrest warrants for Ghosn, ex-U.S. soldier: Kyodo

Tokyo prosecutors on Thursday issued arrest warrants for a former U.S. special forces soldier and another person suspected of smuggling former Nissan Motor Co boss Carlos Ghosn out of Japan, Kyodo news reported.



5 years ago

Nike faces SEC probe over illicit payment claim: Bloomberg

A lawyer for Michael Avenatti told a jury that Nike Inc was being probed by the U.S. Securities and Exchange Commission (SEC) over claims that it made illicit payments to elite youth basketball players, Bloomberg reported on Wednesday.



5 years ago

After dismal 2019, Samsung pins modest recovery hopes on chip market pick-up

Samsung Electronics Co is counting on a gradual recovery in memory chip demand from data centers and 5G smartphone makers to help it bounce back in 2020 after sliding to its worst operating profit in four years.



5 years ago

U.S. economy growing moderately in fourth-quarter; likely missed Trump's 3% goal in 2019

The U.S. economy likely maintained a moderate pace of growth in the fourth quarter, and probably again fell short of attaining the Trump administration's coveted but elusive 3% annual growth target because of slumping business investment amid damaging trade tensions.



5 years ago

Sweden's AB Volvo plans big shareholder payday as profit beats

Swedish truck maker AB Volvo reported a smaller-than-expected fall in fourth-quarter earnings in the face of slowing demand and unveiled plans on Thursday for a payout to shareholders that blew past market expectations.



5 years ago

Policymakers fret over global growth risks from China virus outbreak

A rapidly spreading virus outbreak in China is emerging as a potentially major new risk to the global economy and leaving policymakers, still grappling with the impact of the Sino-U.S. trade war, fretting over the widening fallout.



5 years ago

Japan issues arrest warrants for ex-U.S. soldier, two others for Ghosn escape

Japanese authorities on Thursday issued arrest warrants for a former U.S. special forces soldier and two other men on suspicion of smuggling former Nissan Motor Co boss Carlos Ghosn out of Japan.



5 years ago

Oil falls amid spread of Wuhan virus, rising crude inventories

Oil prices fell on Thursday, resuming their declines after a brief pause earlier this week, as alarm spread over the economic impact of the Wuhan virus in China, while a bigger-than-expected increase in U.S. crude stocks added to the negative tone.



5 years ago

U.S. refiners, chemical makers pare insurance coverage as accidents boost costs

U.S. refineries and petrochemical plants are cutting back on insurance because several years of severe accidents have driven up the cost of coverage, industry and insurance sources said.



5 years ago

After meager 2019, Samsung's modest chip recovery outlook falls flat

Samsung Electronics Co is counting on a gradual recovery in memory chip demand from data centers and 5G smartphone makers to help it bounce back in 2020 after sliding to its worst operating profit in four years.



5 years ago

Sweden's AB Volvo plans big shareholder payout as profit beats

Swedish truck maker AB Volvo reported a smaller than expected fall in fourth-quarter earnings in the face of slowing demand and announced plans on Thursday for a payout to shareholders that exceeded market expectations.



5 years ago

Fears of pandemic send stocks lower, safe havens in demand

Asian stocks and currencies tumbled further on Thursday, as the rising death toll from a virus spreading from China led airlines to cut flights and stores to close, increasing pressure on the world's second-largest economy as fears of a pandemic grow.



5 years ago

Frankfurt out of running for German auto show from 2021

Frankfurt will no longer host the German auto show from 2021 after almost 70 years as the home of the annual exhibition of the industry's latest innovations, the VDA auto association said late on Wednesday.



5 years ago

Oil falls on spread of Wuhan virus, U.S. oil-stocks build

Oil prices fell on Thursday as alarm spread over the economic impact of the Wuhan virus in China, while a bigger-than-expected increase in U.S. crude stocks added to the negative tone.



5 years ago