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Bayer bosses facing shareholder reckoning over Monsanto deal as cancer lawsuits mount

22 hours ago DieselGasoil Comments Off on Bayer bosses facing shareholder reckoning over Monsanto deal as cancer lawsuits mount
German Pharmaceutical giant Bayer is running into mounting shareholder opposition ahead of its annual meeting on Friday. The company’s investors are faulting management for failing to foresee the risks of its biggest deal ever. A growing number of shareholders have said they won’t support executives and supervisory board members in the upcoming no-confidence vote. The Read More

‘Bees returned to honey’: Sanctions failed to stop Germany’s record investment in Russia

2 days ago DieselGasoil Comments Off on ‘Bees returned to honey’: Sanctions failed to stop Germany’s record investment in Russia
The fact that German investments in Russia hit a ten-year record high in 2018 shows that the pressure Washington has exerted on Europe failed to discourage German businesses from returning to the Russian market, analysts believe. Some four years after the first sanctions against Moscow were imposed by Washington and its allies, German investments in Read More

‘Bees returned to honey’: Sanctions failed to stop Germany’s record investment in Russia – analysts

2 days ago DieselGasoil Comments Off on ‘Bees returned to honey’: Sanctions failed to stop Germany’s record investment in Russia – analysts
The fact that German investments in Russia hit a ten-year record high in 2018 shows that the pressure Washington has exerted on Europe failed to discourage German businesses from returning to the Russian market, experts believe. Some four years after the first sanctions against Moscow were imposed by Washington and its allies, German investments in Read More

German companies see Russia as ‘huge opportunity’ despite sanctions – head of Merck Russia

3 days ago DieselGasoil Comments Off on German companies see Russia as ‘huge opportunity’ despite sanctions – head of Merck Russia
German businesses has always viewed Russia as a lucrative market and they believe now is a good time to invest in the country despite international tensions, the president of the Russian branch of Merck told RT. German investment in the Russian economy hit a record high in 2018, reaching $3.6 billion. Merck Russia is a Read More

Anti-Russian sanctions benefit only US firms at Europe’s expense, says German politician

3 days ago DieselGasoil Comments Off on Anti-Russian sanctions benefit only US firms at Europe’s expense, says German politician
Economic penalties against Russia target the European Union and are only beneficial to US corporations, according to Stefan Keuter, a German lawmaker from the Alternative for Germany (AfD) party. “Sanctions against Russia do not serve the interest of German companies, such Siemens or Pharmaceutical firms. Did they benefit from the penalties? What’s the use Read More

Cancellation of Jair Bolsonaro’s NY gala shows museums are next battleground for leftist protesters

1 week ago DieselGasoil Comments Off on Cancellation of Jair Bolsonaro’s NY gala shows museums are next battleground for leftist protesters
Run by opinion-sensitive urban elitists, museums make easy targets for campaigners who want to decide who can stage events there or give money. The humiliating disinvitation of the Brazilian president is a sign of things to come. In what would be an international scandal in more diplomatic times, but is par for the course in Read More

Pharmaceuticals drive J&J to better-than-expected quarterly profit

1 week ago DieselGasoil Comments Off on Pharmaceuticals drive J&J to better-than-expected quarterly profit
(Reuters) – Johnson & Johnson on Tuesday reported a first-quarter profit that exceeded Wall Street expectations on higher sales of its prescription medicines, including a double-digit increase for its psoriasis treatment Stelara, even as the company faces fierce competition for some of its other important drugs. FILE PHOTO: A Johnson & Johnson building is shown Read More

U.S. Supreme Court rejects Allergan bid to use tribe to shield drug patents

1 week ago DieselGasoil Comments Off on U.S. Supreme Court rejects Allergan bid to use tribe to shield drug patents
The Allergan logo is seen in this photo illustration November 23, 2015. REUTERS/Thomas White/Illustration/File Photo WASHINGTON (Reuters) – The U.S. Supreme Court on Monday cast aside Pharmaceutical company Allergan Plc’s unorthodox bid to shield patents from a federal administrative court’s review by transferring them to a Native American tribe. The justices left in place a Read More

China coal hub Linfen to extend anti-pollution curbs to third quarter: draft plan

1 week ago DieselGasoil Comments Off on China coal hub Linfen to extend anti-pollution curbs to third quarter: draft plan
BEIJING (Reuters) – China coal hub Linfen in central province Shanxi, one of the most polluted cities in the nation, plans to extend its winter restrictions on heavy industries to the end of the third quarter this year as it strives to meet air quality targets. FILE PHOTO: Smog covers the city centre of Linfen, Read More