Asia feels chill from Sino-U.S. tech cold war

Asia feels chill from Sino-U.S. tech cold war
SYDNEY (Reuters) – Asian shares were stuck in the red on Thursday amid worries the Sino-U.S. trade conflict was fast morphing into a technology cold war between the world’s two largest economies. FILE PHOTO: A man riding on a bicycle looks at an electronic board showing the Japan’s Nikkei average outside a brokerage in Tokyo February 24, 2015. REUTERS/Yuya Shino/File... Read More

Natura agrees to buy Avon, creating cosmetics powerhouse

Natura agrees to buy Avon, creating cosmetics powerhouse
SAO PAULO (Reuters) – Brazil’s Natura SA said on Wednesday it had reached an agreement to buy rival Avon Products Inc via a share swap, creating the world’s fourth-largest beauty company with a redoubled focus on direct sales. FILE PHOTO: The Avon Products headquarters is seen in midtown Manhattan area of New York, June 21, 2013. REUTERS/Brendan McDermid/File Photo Under... Read More

U.S. judge appoints Ken Feinberg mediator for Bayer Roundup settlement talks

U.S. judge appoints Ken Feinberg mediator for Bayer Roundup settlement talks
(Reuters) – A U.S. judge on Wednesday appointed prominent attorney Kenneth Feinberg as mediator for court-mandated settlement talks in the federal litigation over allegations that Bayer AG’s glyphosate-based Roundup weed killer caused cancer. FILE PHOTO: Monsanto Co’s Roundup is shown for sale in Encinitas, California, U.S., June 26, 2017. REUTERS/Mike Blake/File Photo Feinberg has been instructed to meet with lawyers... Read More

Musk’s SpaceX sues U.S. Air Force over rocket-building contracts: filings

Musk’s SpaceX sues U.S. Air Force over rocket-building contracts: filings
ORLANDO, Fla. (Reuters) – Billionaire Elon Musk’s SpaceX accused the U.S. Air Force of breaking contracting rules when it awarded money to three rocket makers but passed on Musk’s rival bid, and said the tender should be reopened, according to a court filing unsealed on Wednesday. FILE PHOTO: SpaceX headquarters is shown in Hawthorne, California, U.S. September 19, 2018. REUTERS/Mike... Read More

Lloyd’s of London plans to merge governance bodies -source

Lloyd’s of London plans to merge governance bodies -source
FILE PHOTO: A doorman stands outside Lloyds of London’s headquarters in the City of London, Britain, July 31, 2018. REUTERS/Simon Dawson/File Photo (Reuters) – Lloyd’s of London is proposing merging two of its governance bodies, the council and the board which together oversee the insurance market, to reduce overlap, a source familiar with the matter said. The proposal has been... Read More