Bayer cuts Monsanto synergy target by $300 million due to divestments
BONN (Reuters) – Bayer said positive synergy effects from the planned takeover of U.S. seeds maker Monsanto would be about $300 million below its previous target because it will sell more businesses than initially expected to get antitrust approval.
Russia’s standards agency says informed about recall of 4,794 Mercedes cars
MOSCOW (Reuters) – Russia’s standards agency said on Friday it had been informed about the voluntary recall of 4,794 Mercedes-Benz cars produced by German carmaker Daimler and sold from 2014 to 2017.
Shares recover as North Korea’s conciliatory stance calms nerves
TOKYO (Reuters) – Global shares were on the mend on Friday as Pyongyang’s measured response to U.S. President Donald Trump’s announcement to call off a key summit with North Korea healed market sentiment, although investors remained cautious.
Meghan Markle makes gold sales sparkle
NEW YORK (Reuters) – The Meghan Markle effect has spread to yellow gold jewelry, helping boost United States sales in the first quarter of 2018 with further gains expected, jewelers said.
Tax-dodge strategists probe loopholes in new U.S. law, IRS wary
WASHINGTON (Reuters) – Tax experts for global corporations are hot on the trail of loopholes in the sweeping tax law approved in December by President Donald Trump and Republicans in the U.S. Congress.
Mexico’s Pena Nieto ‘optimistic’ on NAFTA as country makes new offer
MEXICO CITY/WASHINGTON (Reuters) – Mexican President Enrique Pena Nieto on Thursday expressed optimism about NAFTA talks that have been thrown into disarray by a U.S. probe exploring auto tariffs, while a source said Mexico had made a new offer to seek…
U.S. Commerce’s Ross to visit China for trade talks in early June
BEIJING (Reuters) – U.S. Commerce Secretary Wilbur Ross will visit China early next month for another round of talks amid ongoing trade frictions between the world’s two largest economies.
Asian shares shaky after Trump ditches summit with North Korea
TOKYO (Reuters) – Asian shares were slightly weaker on Friday amid fragile market sentiment after U.S. President Donald Trump called off a key summit with North Korea, though investor concerns were softened by expectations the two countries may still c…
Mexico says will not renegotiate NAFTA under pressure, but makes new offer
MEXICO CITY/WASHINGTON (Reuters) – Mexico will not buckle to pressure to conclude the long-stalled renegotiation of NAFTA, President Enrique Pena Nieto’s spokesman said on Thursday, but a source said the country made a new offer after the United States…
Google tries to ease tensions on eve of new EU privacy law
SAN FRANCISCO (Reuters) – Alphabet Inc’s Google sought to ease online publisher concerns on Thursday about the effects European data privacy rules going into effect in just a few hours will have on their ad business.
