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  • Proposes $122 per share in cash, 37 pct premium. By Ludwig Burger and Georgina Prodhan. FRANKFURT, May 23- German drugs and crop chemicals group Bayer has offered to buy U.S. seeds company Monsanto for $62 billion in cash, defying criticism from some of its own shareholders in a bid to grab the top spot in a fast-consolidating farm supplies industry.

  • *Proposes $122 per share in cash, 37 pct premium. FRANKFURT, May 23- German drugs and crop chemicals group Bayer has offered to buy U.S. seeds company Monsanto for $62 billion in cash, including debt, which would be the biggest foreign takeover by a German firm if the unsolicited proposal is accepted. The offer of $122 per share represents a 37 percent premium to...

  • MILAN, May 23- Shares in Fiat Chrysler fell more than 5 percent on Monday after Germany's Bild newspaper reported that the carmaker could be prohibited from selling cars in Germany if evidence of disregard of emissions rules was found. Germany began testing vehicles of several carmakers in the wake of the diesel emissions scandal that engulfed Volkswagen,...

  • *Brent to average $45/ barrel this year, up from $39- Goldman. LONDON, May 23- Brent oil prices fell for a fourth consecutive session on Monday after Iran insisted it would not freeze crude output, returning investor attention to a global glut. Iran's Deputy Oil Minister Rokneddin Javadi told Iran's Mehr news agency on Sunday his country had no plan to halt a rise in oil...

  • DUBLIN— European budget carrier Ryanair has posted record full-year profits and passenger figures, and expects both to hit new highs this summer amid rapid growth and declining fares. Chief Executive Michael O'Leary says Ryanair expects average fares to fall around 6 percent this summer and even more in winter amid increased competition and well-hedged...

  • FRANKFURT, Germany— Bayer wants to buy Monsanto for $62 billion, hooking up the German chemical and drug company with the St. Louis- based producer of seeds and weed-killers. A: Bayer is offering to acquire Monsanto, which makes seeds for fruits, vegetables, corn, soybeans and cotton, as well as weed-killer Roundup. That compares with a closing price Friday of $101.52...

  • BERLIN— German chemical company Bayer says it has made $62 billion offer to buy US firm Monsanto.

  • *Bayer says offers $122 per share. *Offer is 37 pct premium over Monsanto's May 9 closing price. FRANKFURT, May 23- German drugs and chemicals group Bayer AG said it had made an offer to buy U.S. seeds company Monsanto Co for $122 per share in cash, or a total value of $62 billion, to create the world's biggest agricultural supplier.

  • U.S. Treasury Secretary Jack Lew talks to reporters at a roundtable meeting at the G-7 meeting in Sendai, Japan, on May 20.

    The U.S. and Japan remained at logger-heads over Japan's currency policies, in a bilateral spat that overshadowed the G-7 meeting in Sendai.

  • BERLIN— A German court has ruled that the mass killing of newly hatched male chicks doesn't violate animal protection laws. The center-left state government of North-Rhine Westphalia, Germany's most populous state, sought to ban the practice in 2013. Germany's federal government has rejected calls to ban the practice, but hopes to end it next year by...

  • European stocks rally into the weekend

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including U.K. homebuilders leading the rally in London.

  • *Top investor John Bennett says "furious" with firm. LONDON, May 20- Bayer's takeover approach for U.S. rival Monsanto triggered an investor backlash on Friday, with one of the German pesticides and drugs company's top shareholders calling it "arrogant empire-building". Investors are nursing losses after an 8.2 percent fall in Bayer's share price following news...

  • BERLIN— What weighs 77 pounds, goes 50 mph and looks like a Swiss cheese on wheels? European aeronautics giant Airbus unveiled the' Light Rider' in Germany on Friday. APWorks chief executive Joachim Zettler said the complex, branched hollow structure wouldn't have been possible with conventional production technologies such as milling or welding.

  • Greece has sent 51 people, including five children, back to Turkey from Greek islands as part of the European Union-Turkey agreement to stem the flow of migrants across the Aegean Sea toward Europe's prosperous heartland. The returnees were from Bangladesh, Pakistan, Iraq, Afghanistan, Algeria, Iran, Nepal and Morocco. The new returns bring to 441 the number of...

  • BERLIN— Police in the northern German port city of Cuxhaven have stopped dozens of migrants from stowing away on freighters heading to Britain in recent months. The local daily Cuxhavener Nachrichten reported Friday that Germany's border police have been monitoring the phenomenon since last fall. It quoted police spokesman Holger Jureczko saying the...

  • BERLIN— European Space Agency: Satellites have spotted a possible oil slick near EgyptAir crash site.

  • FRANKFURT, Germany— Automaker Volkswagen and Germany's industrial union have agreed to increase wages 4.8 percent by next year in an economy where the cost of living is flat— the kind of raises that could help the 19- country eurozone lift inflation from dangerously low levels. Economists say higher wages and inflation in Germany would help the entire...

  • BERLIN, May 19- German Transport Minister Alexander Dobrindt has criticised Italian carmaker Fiat Chrysler Automobiles for not showing up for a meeting on Thursday to discuss emissions irregularities of its diesel vehicles. The company was expected to attend the meeting on Thursday to discuss the issue, but Fiat cancelled the appointment by sending a...

  • *FTSEurofirst index falls 1.2 pct. MILAN/ LONDON, May 19- European shares fell on Thursday as weaker oil and metals prices put pressure on commodities stocks and concern mounted that U.S. interest rates would be raised soon. "This more-than-expected hawkish tone from the minutes is sending European shares lower," Market Securities' chief European strategist,...

  • BERLIN, May 19- A $5- billion bid by Chinese home appliance maker Midea Group to buy German industrial robot manufacturer Kuka AG poses a dilemma for Angela Merkel. The conservative chancellor champions domestic innovation of the so-called industrial internet and her ruling coalition has made "Industrie 4.0," the digitisation of industry, a core part of its...