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Bayer soars on report of proposed $8 billion Roundup settlement

Bayer shares soared as much as 11% on Friday on a report that the German company has proposed to pay up to $8 billion to settle more than 18,000 U.S. lawsuits related to its glyphosate-based weedkiller Roundup.



5 years ago

Huawei unveils Harmony operating system, but its smartphones won't ditch Android

Huawei Technologies [HWT.UL] unveiled on Friday its proprietary operating system for smartphones and other devices, as U.S. trade restrictions imposed in May threaten to cut the Chinese firm's access to U.S. technologies such as Android.



5 years ago

Trade war, Italy and Brexit worries drive Europe lower

Trade war worries and the prospect of early elections in Italy and Britain hit European markets on Friday, while the week's search for safety left gold on course for its best week in three years, Japan's yen at an eight-month high and bonds surging.



5 years ago

Malaysia files criminal charges against 17 Goldman Sachs executives

Malaysia filed criminal charges on Friday against 17 current and former directors at subsidiaries of Goldman Sachs Group Inc following an investigation into a multi-billion-dollar corruption scandal that led to the demise of state fund 1MDB.



5 years ago

Europe rattled by Italy stress, safe havens keep gaining

Trade war worries and the prospect of early elections in Italy and Britain hit European markets on Friday, while the week's search for safety left gold on course for its best week in three years, Japan's yen near an eight-month high and bonds surging.



5 years ago

Goldman Sachs, bank of the rich and powerful, is dipping into subprime lending with Apple Card

For Goldman, the move heightens the risks it faces launching a credit card during the latter stages of a decade-long U.S. expansion.

5 years ago

Lyft's scooters steering new customers to ride-hailing, but winter is coming

A quarter of Lyft Inc customers who use its bikes and scooters are new to the company, executives said on Wednesday, outlining how investments in the expensive growth area may eventually benefit the core ride-hailing business.



5 years ago

Nestle starts selling Starbucks-branded coffee in China

Food giant Nestle on Thursday started selling Starbucks-branded coffee in mainland China, seeking to tap growth in a market where it says coffee consumption per capita remains low compared to global standards.



5 years ago

Venture capital fuels Latam 'unicorns' expansion beyond borders

Surging venture capital investment in Latin American startups has financed international expansion across the region and beyond, as business models that do not require large amounts of capital have helped many firms avoid silos common in the region.



5 years ago

Apple under investigation for unfair competition in Russia

Apple is under investigation in Russia following a complaint from cybersecurity company Kaspersky Lab and may be abusing its dominant position in smartphone apps, Russia's anti-monopoly watchdog said on Thursday.



5 years ago

Asia stocks find solace in China trade surprise, yuan's fix

Asian shares were trying to piece together a rally on Thursday as Beijing reported surprisingly solid trade numbers while also limiting the fall in its yuan, offering a brief respite from fears of a global currency war.



5 years ago

Salesforce to buy Israel's ClickSoftware for $1.35 billion

U.S. cloud-based service provider Salesforce said it signed a definitive agreement to acquire Israeli software developer ClickSoftware for $1.35 billion in cash and shares.



5 years ago

Equinor's power and gas trading unit expands to the United States

Danske Commodities, a power and gas trading firm owned by oil major Equinor , has expanded its operations to the United States, completing its first trade on the PJM wholesale power market, it said on Thursday.



5 years ago

Honda to recall 222,674 Accord vehicles in China

Honda Motor Co Ltd's venture with Guangzhou Automobile Group Co Ltd will recall 222,674 Accord sedans in China, market regulators said on Thursday, after recent complaints on social media about the car engine's quality.



5 years ago

Apple faces investigation for suspected unfair competition in Russia

Apple is under investigation in Russia following a complaint from cybersecurity company Kaspersky Lab and may be abusing its dominant market position, Russia's anti-monopoly watchdog said on Thursday.



5 years ago