Factbox: More Roundup trials, appeals in store for Bayer after $2 billion verdict
Bayer shares continued to fall on Tuesday after a California jury on Monday awarded more than $2 billion in damages to a couple who alleged that the company’s glyphosate-based weed killer Roundup caused their cancers.
Bayer nears seven-year low after $2 billion award in Roundup trial
Bayer shares fell by as much as 5 percent on Tuesday after a California couple were awarded more than $2 billion in the largest U.S. jury penalty over allegations its Roundup weed killer causes cancer.
Rapid bitcoin rally cheers crypto market investors, others wary
Bitcoin hit its highest level in 10 months on Tuesday, raising hopes among cryptocurrency enthusiasts of greater mainstream acceptance as an escalating U.S.-China trade war roiled global markets, but others urged investor caution.
Huawei willing to sign ‘no-spy’ pacts with governments: chairman
Huawei is willing to sign no-spy agreements with governments, including Britain, the Chinese telco company’s chairman said on Tuesday, amid U.S. pressure on European countries to shun the firm over espionage concerns.
ConocoPhillips will not chase expensive Permian deals, CEO says
ConocoPhillips Chief Executive Officer Ryan Lance on Tuesday repeated a pledge to restrain spending, saying the U.S. oil producer would not be drawn into pricey mergers and acquisitions.
Carrefour and TerraCycle launch ‘Loop’ test in Paris to tackle waste
French retailer Carrefour and U.S. waste recycling company TerraCycle launched on Tuesday the test for their ‘Loop’ initiative which they hope will tackle the problems of plastic waste threatening to destroy the environment.
Bayer nears 7-year low after $2 billion award in Roundup trial
Bayer shares fell by as much as 5 percent on Tuesday after a California couple were awarded more than $2 billion in the largest U.S. jury penalty over allegations its Roundup weed killer causes cancer.
VOI makes European push in crowded electric scooter-sharing market
Sweden’s VOI Technology plans to put a new fleet of thousands of electric scooters on European streets this summer to fend off competition in an increasingly crowded market.
Google to show ads on homepage of mobile site, app
Alphabet Inc’s Google will begin featuring ads on the homepage of its mobile website and smartphone app later this year, it said on Tuesday, giving the search engine a huge new supply of ad slots to boost revenue.
Tech stocks help Wall Street rebound from trade-driven rout
U.S. stocks climbed on Tuesday, as investors picked up beaten-down technology and industrial stocks following optimistic comments from Washington and Beijing that tempered concerns about a further escalation in the trade war.