Business

U.S. judge affirms Monsanto weed-killer verdict, slashes damages

(Reuters) – A U.S. judge on Monday affirmed a verdict against Bayer AG (BAYGn.DE) unit Monsanto that found its glyphosate-based weed-killers responsible for a man’s terminal cancer, sending the German company’s shares down 8 percent. Plaintiff Dewayne Johnson leaves the courtroom following a post-trial hearing at the Superior Court in San Francisco, California, U.S., October 10, 2018. REUTERS/Jim Christie In ...

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J&J makes $2.1 billion offer to buy out Japan cosmetics firm Ci:z

TOKYO (Reuters) – U.S. healthcare conglomerate Johnson & Johnson (JNJ.N) said on Tuesday it is acquiring all outstanding shares of Japanese cosmetics firm Ci:z Holdings Co Ltd (4924.T) that it does not already own for 230 billion yen ($2.05 billion). FILE PHOTO: A Johnson & Johnson building is shown in Irvine, California, U.S., January 24, 2017. REUTERS/Mike Blake/File Photo The ...

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Elon Musk says Twitter had locked his account thinking it was hacked

(Reuters) – Tesla Inc (TSLA.O) Chief Executive Elon Musk said Twitter had locked his account thinking it had been hacked. FILE PHOTO: Tesla Motors CEO Elon Musk reveals the Tesla Energy Powerwall Home Battery during an event in Hawthorne, California, U.S., April 30, 2015. REUTERS/Patrick T. Fallon/File Photo “Twitter thought I got hacked & locked my account haha,” Musk tweeted ...

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Philip Morris aims to revive Japan sales with cheaper heat-not-burn tobacco

TOKYO (Reuters) – Philip Morris International Inc released cheaper versions of its IQOS “heat not burn” products in Japan on Tuesday as it tries to revive sales and ward off competition from other alternatives to conventional cigarettes. Philip Morris new IQOS 3 devices are displayed during a news conference by its International’s CEO Andre Calantzopoulos in Tokyo, Japan, October 23, ...

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Mitsubishi Heavy’s struggling aircraft unit to gain $2 billion lifeline: NHK

TOKYO (Reuters) – Mitsubishi Heavy Industries (7011.T) is arranging 220 billion yen ($2 billion) in financial support for its aircraft unit, which has struggled to deliver its first passenger plane, national broadcaster NHK reported on Tuesday. FILE PHOTO: The logo of Mitsubishi Heavy Industries is seen at the company’s Sagamihara plant in Sagamihara, Japan, July 4, 2016. REUTERS/Maki Shiraki/File Photo ...

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Philip Morris seeks bigger Japan share with cheaper heat-not-burn tobacco

TOKYO (Reuters) – Philip Morris International Inc will sell cheaper versions of its IQOS “heat not burn” products in Japan from Tuesday and introduce new upgraded products next month to expand market share, its chief executive said. Philip Morris new IQOS 3 devices are displayed during a news conference by its International’s CEO Andre Calantzopoulos in Tokyo, Japan, October 23, ...

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