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Reuters - 1 day ago

European companies cut jobs as economy sputters

FACTBOX-European companies cut jobs as economy sputters Adds Unilever July 15 (Reuters) - Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs. Here are some layoffs announced since the start of April: BANKS * TSB: The British bank owned by Spain's Sabadell SABE.MC is seeking 250 job cuts and 36 branch closures, its spokesperson and employee union said on May 8. INDUSTRIALS AND ENGINEERING * METSO METSO.HE : The Finnis
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Reuters - 5 days ago

Bayer: Askbio Receives FDA Fast Track Designation For 1005 Parkinson's Therapy

BRIEF-Bayer: Askbio Receives FDA Fast Track Designation For AB-1005 Parkinson's Therapy July 11 (Reuters) - Bayer AG BAYGn.DE : ASKBIO RECEIVES FDA FAST TRACK AND MHRA INNOVATION PASSPORT DESIGNATIONS FOR AB-1005 INVESTIGATIONAL GDNF GENE THERAPY FOR PARKINSON'S DISEASE ASKBIO IS CURRENTLY ENROLLING PATIENTS IN ITS PHASE II REGENERATE-PD TRIAL IN U
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Reuters - 6 days ago

BASF to cease production of glufosinate-ammonium weed killer

UPDATE 2-BASF to cease production of glufosinate-ammonium weed killer Recasts first paragraph to add that BASF said it will cease production of the weed killer BERLIN, July 10 (Reuters) - BASF BASFn.DE plans to shut down production of the glufosinate-ammonium weed killer due to growing competition as well as high energy and raw materials costs, the German chemicals group said on Wednesday.
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Reuters - 1 week ago

European companies cut jobs as economy sputters

FACTBOX-European companies cut jobs as economy sputters Adds details on fresh job cuts July 9 (Reuters) - Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs. Here are some layoffs announced since the start of April: BANKS * TSB: The British bank owned by Spain's Sabadell SABE.MC is seeking 250 job cuts and 36 branch closures, its spokesperson and employee union said on May 8. INDUSTRIALS AND ENGINEERING * METSO METSO
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Reuters - 3 weeks ago

Bayer And Rad AI Announce Collaboration Agreement

BRIEF-Bayer And Rad AI Announce Collaboration Agreement June 27 (Reuters) - BAYER AG BAYGn.DE : BAYER AND RAD AI ANNOUNCE COLLABORATION AGREEMENT BAYER AND RAD AI ARE ANNOUNCING A COLLABORATION TO BRING RAD AI'S CUTTING EDGE AI RADIOLOGY OPERATIONAL SOLUTIONS TO CALANTIC ™ DIGITAL SOLUTION CUSTOMERS Source text for Eikon: ID:nBw8vRJLZa Further co
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Reuters - 3 weeks ago

German chemical sector employers, union agree 6.85% pay hike over 20 months

UPDATE 1-German chemical sector employers, union agree 6.85% pay hike over 20 months Adds companies, background on metalworking sector FRANKFURT, June 27 (Reuters) - Germany's BAVC chemical industry association on Thursday agreed with union IGBCE on staggered wage hikes that will give workers 6.85% higher pay over 20 months. As part of the deal, the 585,000 workers covered by the agreement will receive an additional day off per year , the union and the employers' association said in separate sta
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Reuters - 3 weeks ago

Bayer's pharmaceutical unit plans more managerial cuts in Europe, Asia

Bayer's pharmaceutical unit plans more managerial cuts in Europe, Asia By Michael Erman NEW YORK, June 26 (Reuters) - A top Bayer BAYGn.DE pharmaceutical executive said on Wednesday his group will continue slashing managerial jobs this year, planning cuts in Germany, Japan, the United Kingdom, Belgium and the Netherlands as part of the company's internal reorganization.
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Reuters - 3 weeks ago

Bayer: AskBio Starts Recruitment To Its Phase 2 Parkinson's Disease Trial

BRIEF-Bayer: AskBio Starts Recruitment To Its Phase 2 Parkinson's Disease Trial June 25 (Reuters) - BAYER AG BAYGn.DE : ASKBIO INITIATES RECRUITMENT TO ITS PHASE 2 PARKINSON'S DISEASE TRIAL Further company coverage: [BAYGn.DE] (Gdansk Newsroom)
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Reuters - 4 weeks ago

Bayer looks to AI to combat herbicide resistance faster

Bayer looks to AI to combat herbicide resistance faster By Renee Hickman CHICAGO, June 18 (Reuters) - Bayer's crop science division is increasingly turning to artificial intelligence in its battle against crop killing weeds, the company told Reuters. Weeds are growing resistant to the herbicides already on the market, and agribusiness companies like Bayer are in a desperate search for new modes of action to help farmers kill them.
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Reuters - 4 weeks ago

South Africa finds high prices, lack of competition in its fresh produce market

South Africa finds high prices, lack of competition in its fresh produce market By Nqobile Dludla JOHANNESBURG, June 18 (Reuters) - South Africa's competition watchdog has uncovered barriers to entry, distorted competition and price mark-ups in its fresh produce market, according to a provisional report released on Tuesday after an inquiry. Last year the Competition Commission launched the Fresh Produce Market inquiry in order to examine whether any features in the fresh produce value chain impe
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Reuters - 4 weeks ago

German economy minister's China trip features low-key business delegation amid EV clash

UPDATE 2-German economy minister's China trip features low-key business delegation amid EV clash Adds Sartorius comment in paragraphs 8-10 BERLIN/FRANKFURT, June 18 (Reuters) - German renewables firm Enpal and metal processing group Schoder will be among the companies joining Economy Minister Robert Habeck's trip to China later this week, suggesting a low-profile delegation as Brussels and Beijing clash over EV tariffs.
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Reuters - 4 weeks ago

German economy minister's China trip features low-key business delegation amid EV clash

German economy minister's China trip features low-key business delegation amid EV clash BERLIN/FRANKFURT, June 18 (Reuters) - German renewables firm Enpal and metal processing group Schoder will be among the companies joining Economy Minister Robert Habeck's trip to China later this week, suggesting a low-profile delegation as Brussels and Beijing clash over EV tariffs.
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Reuters - 4 weeks ago

Bayer Crop Science: Aims To Launch Ten Blockbuster Products In Next Ten Years

BRIEF-Bayer Crop Science: Aims To Launch Ten Blockbuster Products In Next Ten Years June 17 (Reuters) - Bayer AG BAYGn.DE : BAYER AIMS TO LAUNCH TEN BLOCKBUSTER PRODUCTS IN NEXT TEN YEARS TO SUPPORT FARMERS WORLDWIDE EACH BLOCKBUSTER IS EXPECTED TO CONTRIBUTE MORE THAN 500 MILLION EUROS OF OVER 32-BILLION-EUROS PEAK SALES POTENTIAL IN RESEARCH AND
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Reuters - 1 month ago

Bayer: Receives Breakthrough Therapy Designation In China For Bay 2927088 In High Unmet Need Patients With Her2-Mutant Non-Small Cell Lung Cancer

BRIEF-Bayer: Receives Breakthrough Therapy Designation In China For Bay 2927088 In High Unmet Need Patients With Her2-Mutant Non-Small Cell Lung Cancer June 11 (Reuters) - Bayer AG BAYGn.DE : RECEIVES BREAKTHROUGH THERAPY DESIGNATION IN CHINA FOR BAY 2927088 IN HIGH UNMET NEED PATIENTS WITH HER2-MUTANT NON-SMALL CELL LUNG CANCER Further company cov
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Reuters - 1 month ago

Asmi, Beiersdorf, SSE

EUROPE RESEARCH ROUNDUP-Asmi, Beiersdorf, SSE June 7 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Asmi, Beiersdorf and SSE, on Friday. HIGHLIGHTS * Arcadis NV ARDS.AS : KBC Securities raises to accumulate from buy * Asmi ASMI.AS : Berenberg raises target price to EUR 720 from EUR 640 * Beiersdorf BEIG.DE : HSBC raises target price to EUR 158 from EUR 152 * Nibe Industrier AB NIBEB.ST : HSBC cuts to hold from buy * SSE SSE.L : HS
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Reuters - 1 month ago

Asmi, Beiersdorf, SSE

CORRECTED-EUROPE RESEARCH ROUNDUP-Asmi, Beiersdorf, SSE Corrects Greenyard NV entry to say KBC Securities raises target price to EUR 9.5 from EUR 8.5 (not 6.30) and Arcadis NV entry to say KBC Securities cuts (not raises) to 'accumulate' from 'buy'; raises target price to EUR 66 from EUR 61 (not 61.7 June 7 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Asmi, Beiersdorf and SSE, on Friday.
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Reuters - 1 month ago

Motor racing-F1 teams harnessing AI for speed and strategy

Motor racing-F1 teams harnessing AI for speed and strategy By Alan Baldwin June 6 (Reuters) - Formula One has a generative AI-designed trophy at the Canadian Grand Prix but, novelty and sponsorship aside, the importance of artificial intelligence for speed and strategy is growing stronger all the time. The various software systems are helping cars go faster and teams become more competitive, crunching terabytes of data to analyse simulations and cut the time it takes to get parts to the racetrac
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Reuters - 1 month ago

Health Rounds: Untreated atrial fibrillation can raise risk of dementia, death

Health Rounds: Untreated atrial fibrillation can raise risk of dementia, death Health Rounds is published on Tuesdays and Thursdays. Think your friend or colleague should know about us? Forward this newsletter to them. They can also subscribe here . By Nancy Lapid June 6(Reuters) - Hello Health Rounds Readers! Today we share some important findings for people with the common heart rhythm disorder atrial fibrillation: taking blood thinners that reduce the risk of strokes may also stave off a form
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Reuters - 1 month ago

Bayer rises after judge cuts Roundup verdict

BUZZ-Bayer rises after judge cuts Roundup verdict ** Shares in Bayer BAYGn.DE are up 2.7% in early Frankfurt trade after a Pennsylvania judge slashed a $2.25 billion U.S. verdict against the German firm to $400 million ** "BAYN shares should react positive on story this morning but damages for Bayer are still too high to get relaxed," a local trade
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Reuters - 1 month ago

Judge cuts Bayer $2.25 billion Roundup verdict to $400 million

UPDATE 2-Judge cuts Bayer $2.25 billion Roundup verdict to $400 million Adds statistic about Bayer's recent win-loss record paragraph 11 By Dietrich Knauth NEW YORK, June 4 (Reuters) - A Pennsylvania judge on Tuesday slashed a $2.25 billion U.S. verdict against Bayer BAYGn.DE to $400 million for a Pennsylvania man who said he developed cancer from exposure to the company's Roundup weedkiller.
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