Lab-grown meat, first introduced to the world six years ago in the form of a $280,000 hamburger, could hit supermarket shelves at $10 a patty within two years, European start-ups told Reuters.
Oil futures edged up on Tuesday as OPEC supply cuts and Middle East tensions kept global benchmark Brent crude above $64 a barrel, while gains were limited by the U.S.-China trade dispute that has dragged on the global economy and crimped oil demand.
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Boeing Co said on Tuesday its deliveries fell about 37% to 239 planes in the first half of 2019, hurt by the grounding of its best-selling 737 MAX jets, putting it on track to lose the world's biggest planemaker title after eight years.
British billionaire Richard Branson's Virgin Galactic plans a stock market listing by the end of the year, giving it the much-needed funds to take on Jeff Bezos' Blue Origin and Elon Musk's SpaceX in the race to space.
ABB is pressing ahead with a review of its underperforming businesses and expects a customer slowdown and China-U.S. trade tensions to mean a turbulent year, its Chairman and interim Chief Executive Peter Voser told Reuters.
Bayer has approached U.S. drug firm Elanco Animal Health to discuss a possible combination of their pet-health businesses to create an industry giant, three sources familiar with the matter told Reuters.
International Business Machines Corp said on Tuesday it has closed its $34 billion acquisition of software company Red Hat Inc as it looks to ramp up its cloud computing business.
After Nike pulled sneakers embellished with the controversial "Betsy Ross flag" from its apps and website, the price predictably ballooned.
Deutsche Bank shares rose on Monday as it launched one of the biggest overhauls of its investment bank since the financial crisis by cutting 18,000 jobs around the world, starting the day with cuts in Asia.
China's central bank could cut its benchmark policy rate for the first time in four years if the U.S. Federal Reserve delivers a widely expected cut in late July, analysts say, as Chinese policymakers step up support for the slowing economy.
Whole teams within Deutsche Bank AG have been told their positions were gone on Monday, as the lender began axing 18,000 jobs globally in one of the biggest overhauls to an investment bank since the aftermath of the financial crisis.
Morgan Stanley downgraded its allocation to global equities on fears that slowing GDP growth will offset central banks support.
Volkswagen will create joint ventures and help finance battery production to persuade skeptical cell suppliers to back its aggressive push for mass producing electric vehicles, board member Stefan Sommer told Reuters.
Deutsche Bank shares rose in pre-market trade on Monday as the German lender eliminated whole teams at its Asian operations, starting to ax 18,000 jobs globally in one of the biggest overhauls at an investment bank since the aftermath of the financial crisis.