Trump said he will raise tariffs on $250 billion in Chinese goods to 30% and hike duties on another $300 billion in products to 15%.Politicsread more
Stocks dropped after Donald Trump ordered that U.S. manufacturers find alternatives to their operations in China.US Marketsread more
The final week of August could be highly volatile as markets fret over the economy and the latest developments in trade wars.Market Insiderread more
Federal Reserve Vice Chair Richard Clarida said Friday that the global economy has deteriorated in the past month.Marketsread more
The latest escalation in the trade war ups the odds the economy will fall into recession and that the Fed will aggressively cut rates.Market Insiderread more
Here are the products that stand to be the most affected by China's new tariffs on $75 billion worth of U.S. goods.Marketsread more
"We don't need China and, frankly, would be far better off without them," Trump tweeted.Politicsread more
Recent trade friction between the two Asian powerhouses has morphed into a dispute with political implications that go far beyond the region.Asia Politicsread more
"My only question is, who is our bigger enemy, Jay Powell or Chairman Xi?" Trump wrote amid a series of tweets that rattled markets Friday.Politicsread more
"I would love this to be clarified. We come to a deal on trade, boy, this market is up 10 to 15%, but without it's going to be worrisome," Jeremy Siegel says.Marketsread more
Tesla solar energy systems reportedly ignited at an Amazon warehouse in Redlands, California last June, and the Seattle e-commerce titan confirmed that it has no further plans...Technologyread more
(Adds FleishmanHillard comment)
PARIS, May 10 (Reuters) - The French prosecutor on Friday said it had opened a preliminary investigation into a suspected file assembled by Bayer's seed maker Monsanto to influence various personalities in France.
The probe was opened after a complaint was filed by daily newspaper Le Monde.
According to Le Monde and other French media, Monsanto built up a file of some 200 names that includes journalists and law makers in the hope of influencing their positions on pesticides.
The file, Le Monde reports, dates from 2016 and was leaked by U.S public relations and marketing agency FleishmanHillard.
Officials at Bayer were not immediately available for comment.
"FleishmanHillard and our staff are committed to compliance with applicable laws and we are committed to the highest standards of ethical conduct," the firm said in a statement. "We continue to take that responsibility very seriously and will carefully examine the questions raised by certain media outlets about the lists of stakeholders that included publicly available information."
Bayer, which acquired Monsanto in a $63 billion deal last year, faces mounting litigations over its weedkiller Roundup, a systemic, broad-spectrum glyphosate-based herbicide.
A U.S. jury in August 2018 found the company liable because Monsanto had not warned of alleged cancer risks linked to Roundup.
Bayer suffered a similar defeat last month, while more than 13,000 plaintiffs are claiming damages. The company said last month it intended to defend itself in all lawsuits. (Reporting by Emmanuel Jarry; Writing by Matthias Blamont Editing by Marguerita Choy)