Bayer has not proposed paying $8 billion to settle U.S. Roundup claims: mediator
Bayer AG has not proposed paying $8 billion to settle all U.S. claims related to the Roundup herbicide, mediator Ken Feinberg said in an email on Friday.
Bayer AG has not proposed paying $8 billion to settle all U.S. claims related to the Roundup herbicide, mediator Ken Feinberg said in an email on Friday.
Trade war worries and the prospect of early elections in Italy and Britain hit European markets hard on Friday, while the search for safety left gold on course for its best week in three years, Japan's yen near an eight-month high and bonds surging.
Prosecutors in Stuttgart, Germany are set to fine Mercedes-Benz parent Daimler between 800 million euros ($895 million) and 1 billion euros for diesel-related violations, German magazine Der Spiegel said in its online edition on Friday.
Signs of further escalation of the trade war between the United States and China and weak economic data from the United Kingdom weighed on global markets Friday, capping a volatile week that has pushed gold up to its highest level in six years.
U.S. stocks edged lower on Friday after rebounding strongly a day earlier, as investors grappled with fresh trade tensions, political turmoil in Italy and a surprise contraction in Britain's economy.
Oil prices rose on Friday, supported by a drop in European inventories and expectations of more OPEC production cuts despite the International Energy Agency (IEA) reporting demand growth at its lowest since the financial crisis of 2008.
As global economic uncertainty has caused interest rates to tumble, high-dividend stocks have started to outperform low-dividend stocks.
Huawei Technologies unveiled on Friday its proprietary operating system for smartphones and other devices, as U.S. trade restrictions imposed in May threaten to cut the Chinese firm's access to U.S. technologies such as Android.
Wall Street's main indexes added to losses on Friday after President Donald Trump said he was not going to make a deal with China for now, exacerbating fears that the U.S.-China trade stand-off would aggravate the global economic slowdown.
U.S. producer prices increased moderately in July, lifted by a rebound in the cost of energy products, while underlying producer inflation retreated, which could allow the Federal Reserve to cut interest rates again next month.
Oil prices rose by about 3% on Friday, supported by a drop in European inventories and expectations of more OPEC output cuts despite the International Energy Agency reporting demand growth at its lowest since the financial crisis of 2008.
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Walmart Inc said on Friday it has asked employees at its stores across the United States to take down signs and playable demos of violent video games but has made no changes to its policy on selling firearms.
Uber CEO Dara Khosrowshahi tells CNBC that SoftBank is a "good actor in this marketplace" as the Japanese conglomerate rolls out Vision Fund 2.
Students headed to college should add opening a student bank account to their to-do list. Here are some tips on finding the best account for you.