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Markets

Bayer considers new tactic in Roundup settlement talks

As Bayer AG tries to settle U.S. lawsuits claiming that its weedkiller Roundup causes cancer, the company is considering a proposal that would bar plaintiffs' lawyers involved in the litigation from advertising for new clients, according to a person familiar with the matter.

Markets

Chevron swings to large loss on US$10 billion in charges, shares sink

Chevron Corp on Friday posted a fourth-quarter loss as the oil major booked an impairment charge of US$10.4 billion related largely to a deepwater Gulf of Mexico project, shale gas assets in Appalachia and the Kitmat LNG project in Canada.

Markets

Amazon roars back into US$1 trillion club, powered by one-day delivery boost

There is no stopping Amazon.com's revenue growth, Wall Street analysts said on Friday.

Markets

Court orders safeguards for Kenyan digital IDs, bans DNA collecting

Kenya's high court said the government could go ahead with a new digital ID scheme, as long as it brought in stronger regulations and did not use it to collect citizens' DNA and geo-location data.

Markets

Aston Martin’s lifeline buys carmaker time as SUV hits road

Canadian billionaire Lawrence Stroll and investors have rescued Aston Martin with a 500 million pound cash injection that analysts say will help stabilize the British carmaker whose first sport utility vehicle (SUV) is set to hit the road.

Markets

Exclusive: Japan’s Nidec bets on electric cars and acquisitions to treble sales: sources

Japan's Nidec Corp plans to more than treble its revenue over the next five years by focusing on electric vehicle powertrains and buying specialists in motor technologies, two people familiar with the matter told Reuters.

Markets

Bionic jellyfish? Yes, and they are here to help

It may sound more like science fiction than science fact, but researchers have created bionic jellyfish by embedding microelectronics into these ubiquitous marine invertebrates with hopes to deploy them to monitor and explore the world's oceans.

Markets

Airbus to pay US$4 billion to settle corruption probe: French prosecutor

European planemaker Airbus will pay 3.592 billion euros (US$3.98 billion) to settle corruption probes by U.S., British and French authorities into contract dealings, France's financial prosecutor said on Friday.

Markets

Global funds prefer stocks despite risks still at play – Reuters poll

Funds increased their preference for stocks to a two-year high at the expense of bonds and cash holdings in their model global portfolio recommendations this month in a Reuters poll, despite world share markets struggling on the coronavirus breakout.

Markets

Chevron swings to quarterly loss on US$10.4 billion impairment charge

Chevron Corp on Friday posted a fourth-quarter loss as the oil major booked an impairment charge of US$10.4 billion related largely to a deepwater Gulf of Mexico project, shale gas assets in Appalachia and the Kitmat LNG project in Canada.

Markets

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