August 7, 2019

Bayer says next glyphosate lawsuit likely to be postponed

Germany’s Bayer said the next U.S. lawsuit scheduled to be heard over claims that its glyphosate-based weedkiller Roundup causes cancer would likely be postponed. Powered by […]
August 7, 2019

Wendy’s quarterly revenue falls short of estimates

Burger chain Wendy’s Co reported quarterly revenue on Wednesday that fell short of analysts’ estimates, hit by tough competition in a crowded U.S. fast-food market. Powered […]
August 7, 2019

SoftBank says Vision Fund 2 could start investing soon, bags big gains on first

SoftBank Group Corp’s second Vision Fund could start investing as soon as next month, founder and Chief Executive Masayoshi Son said, as the technology conglomerate reported […]
August 7, 2019

Oil sets new seven-month low on trade tensions

Oil prices slipped further on Wednesday, extending recent heavy losses as deepening Sino-U.S. trade tensions weighed on the outlook for the global economy and energy demand. […]
August 7, 2019

Cobalt, Africa setbacks shrink Glencore’s first-half profit

Glencore reported a 32% drop in first-half core profit on Wednesday, sending its shares to their lowest since late 2016, and said it would suspend output […]
August 7, 2019

SoftBank’s profit blows past estimates on Vision Fund gains

Japan’s SoftBank Group Corp raked in a better-than-expected quarterly operating profit as it saw a leap in investing gains from its $100 billion Vision Fund. Powered […]
August 7, 2019

Saudi, Abu Dhabi showing ‘high interest’ in investing in VF2: SoftBank’s Son

SoftBank Group Corp founder and CEO Masayoshi Son said on Wednesday Saudi Arabia and Abu Dhabi are showing “high interest” in investing in the second Vision […]
August 7, 2019

Commerzbank’s targeted rise in 2019 net profit ‘ambitious’

Commerzbank on Wednesday posted net profit in the second quarter that was little changed from a year ago, helped by low taxes, but the German bank […]
August 7, 2019

Asian stocks turn lower on lingering trade war fears, yuan slips

Shares in Asia fell for an eighth straight session on Wednesday on lingering worries over the escalating U.S.-China trade war, but losses and nerves were soothed […]
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