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  • Reuters

    Bayer's Monsanto wins reversal of $185 million PCBs verdict in Washington court

    A Washington state appeals court on Wednesday overturned a $185 million verdict against Bayer's Monsanto unit over chemical contamination at a Seattle-area school, marking the second big legal win for the company in as many weeks. Monsanto spinoff Pharmacia, which sold now-banned chemicals called polychlorinated biphenyls, was found liable in 2021. Three teachers claimed they suffered brain damage from PCBs that leaked from light fixtures at the Sky Valley Education Center in Monroe, Washington.

  • Reuters

    Asia stocks wobble on rate cut delays; yen leaps

    Asian stocks got off to a shaky start on Thursday after the Federal Reserve flagged delays to interest rate cuts, while the dollar fell heavily on the yen in what traders reckoned was Japanese intervention. Japan's Nikkei fell 0.7% at the open and South Korean shares lost 0.5%. Australian shares were flat.

  • Reuters

    GLOBAL MARKETS-Asia stocks wobble on rate cut delays; yen leaps

    Asian stocks got off to a shaky start on Thursday after the Federal Reserve flagged delays to interest rate cuts, while the dollar fell heavily on the yen in what traders reckoned was Japanese intervention. Japan's Nikkei fell 0.7% at the open and South Korean shares lost 0.5%. Australian shares were flat.