Bayer hires law firm to probe Monsanto data collection

Bayer hires law firm to probe Monsanto data collection
The logo of Bayer AG is pictured at the facade of the historic headquarters of the German pharmaceutical and chemical maker in Leverkusen, Germany, May 14, 2019. REUTERS/Wolfgang Rattay BERLIN (Reuters) – Bayer on Tuesday hired law firm Sidley Austin to investigate a Europe-wide data collection scheme run by its Monsanto unit, which targeted journalists, politicians and other stakeholders to... Read More

Hundreds of foreign companies attend North Korea trade fair despite sanctions

Hundreds of foreign companies attend North Korea trade fair despite sanctions
SEOUL (Reuters) – An international trade fair in North Korea this week may be the largest such event on record, analysts said on Tuesday, with hundreds of Chinese and other foreign vendors taking part despite sanctions pressure. FILE PHOTO: Vendors and visitors at the 21st Pyongyang Spring International Trade Fair at the Three-Revolution Exhibition House, in this undated photo released... Read More

China’s tech transfer problem is growing, EU business group says

China’s tech transfer problem is growing, EU business group says
BEIJING (Reuters) – Cases of European firms forced to transfer technology in China are increasing despite Beijing saying the problem does not exist, a European business lobby said, adding that its outlook on the country’s regulatory environment is “bleak”. FILE PHOTO: An attendant walks past EU and China flags ahead of the EU-China High-level Economic Dialogue at Diaoyutai State Guesthouse... Read More

Chinese firms’ missing $6 billion tests regulators’ resolve

Chinese firms’ missing $6 billion tests regulators’ resolve
SHANGHAI/SINGAPORE (Reuters) – Cash is considered among the hardest assets for a company to fake, which is why the disappearance of a combined $6.1 billion from two Chinese companies has dumbfounded investors and forced regulators to take action. Yi Huiman, chairman of China Securities Regulatory Commission (CSRC), attends a meeting of Fujian delegation on the sidelines of the National People’s... Read More

Bayer confident of appeals of glyphosate weed killer court defeats: executive

Bayer confident of appeals of glyphosate weed killer court defeats: executive
FILE PHOTO: The logo of Bayer AG is pictured at the facade of the historic headquarters of the German pharmaceutical and chemical maker in Leverkusen, Germany, May 14, 2019. REUTERS/Wolfgang Rattay/File Photo NEW YORK (Reuters) – Bayer AG is confident its appeals of recent court rulings that its glyphosate weed killer Roundup caused cancer will be successful, a senior executive... Read More

Five more U.S. states sue OxyContin maker Purdue Pharma over opioid epidemic

Five more U.S. states sue OxyContin maker Purdue Pharma over opioid epidemic
(Reuters) – Five U.S. states on Thursday filed lawsuits accusing Purdue Pharma LP of illegally marketing and selling opioids, escalating the wave of litigation over a nationwide abuse epidemic. FILE PHOTO: Bottles of prescription painkiller OxyContin, 40mg, 20mg and 15mg pills, made by Purdue Pharma sit on a counter at a local pharmacy, in Provo, Utah, U.S., April 25, 2017.... Read More

Five U.S. states sue Purdue Pharma over marketing, selling of opioids

Five U.S. states sue Purdue Pharma over marketing, selling of opioids
FILE PHOTO: Bottles of prescription painkiller OxyContin, 40mg, 20mg and 15mg pills, made by Purdue Pharma sit on a counter at a local pharmacy, in Provo, Utah, U.S., April 25, 2017. REUTERS/George Frey/File Photo (Reuters) – Five U.S. states on Thursday filed lawsuits accusing Purdue Pharma LP of illegally marketing and selling opioids, including OxyContin, contributing to a nationwide epidemic.... Read More

Mnuchin to visit China soon as trade war clouds global economy

Mnuchin to visit China soon as trade war clouds global economy
WASHINGTON (Reuters) – U.S. Treasury Secretary Steven Mnuchin said on Wednesday he will likely travel to China soon to continue talks as Washington and Beijing seek to resolve a trade war that has cast a pall over the global economy and financial markets. U.S. Treasury Secretary Steven Mnuchin testifies before a Senate Appropriations subcommittee on Capitol Hill in Washington, U.S.... Read More

Trump calls trade war with China ‘little squabble,’ says talks ongoing

Trump calls trade war with China ‘little squabble,’ says talks ongoing
WASHINGTON (Reuters) – U.S. President Donald Trump on Tuesday called the trade war with China “a little squabble” and insisted talks between the world’s two largest economies had not collapsed, as investors remained on guard for a further escalation of tit-for-tat tariffs. Trump, who has railed against what he describes as China’s unfair trade practices and threatened to impose punitive... Read More