Bayer’s top seed faces U.S. soybean challenge from Corteva
Bayer AG’s takeover of Monsanto has been beset by problems, and now a decades-long dominance of the $4 billion U.S. soybean seed market is under threat from rival Corteva Inc.
Global markets: Bonds hold gains after Fed’s surprise rate cut
Bonds held onto gains on Wednesday after the U.S. Federal Reserve’s surprise 50 basis point interest rate cut, part of global efforts to contain economic damage from the coronavirus outbreak.
Fed’s economic survey set to offer more clues on coronavirus impact
A report by the Federal Reserve released on Wednesday will provide the first snapshot from the central bank’s business contacts on how deeply the coronavirus is impacting their supply chains and economic outlook and may provide some insight into the ur…
In next recession, Fed needs upfront promises, former staffers say
((This March 4 story has been corrected to fix the first name of David Reifschneider in second paragraph))
Oil rises as OPEC, allies work on big cut
Brent oil prices rose on Wednesday on expectations that major producers have moved closer to an agreement to enact deeper output cuts aimed at offsetting the slump in demand caused by the coronavirus outbreak.
Oil steadies as OPEC, allies work on big cut
Brent oil prices steadied on Wednesday, paring early gains as markets assessed whether deeper output cuts by major producers would be enough to offset the impact of the coronavirus outbreak.
Bond yields near record lows after Fed rate cut
Bonds held their gains on Wednesday as investors digested the U.S. Federal Reserve’s dramatic move to cut interest rates in an effort to contain economic damage from the coronavirus.
Facebook gives WHO free ads in battle with coronavirus misinformation
Facebook Inc will provide free advertisements to the World Health Organization (WHO) as it seeks to ensure users are not misinformed about the virus, its risks and how to react to it, Chief Executive Officer Mark Zuckerberg said on Tuesday.
Investor Stroll eyes sharing Formula One tech with Aston Martin road cars
Canadian billionaire Lawrence Stroll, who is investing in carmaker Aston Martin , sees the opportunity to share Formula One technology with the firm’s range of road cars, he said on Wednesday.
Lego classics build growth for Danish toymaker in shrinking market
Model fire stations and garbage trucks helped Lego defy a shrinking toy market with a rise in sales last year, as the plastic brick maker outpaced rivals with the latest versions of its classic kits, as well as new stores and a revamped website.