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Bayer Loses Second Roundup Appeal, A Blow to Curbing Suits

Bayer Loses Second Roundup Appeal, A Blow to Curbing Suits May 15 2021, 3:20 AM May 14 2021, 9:42 PM May 15 2021, 3:20 AM (Bloomberg) Bayer AG lost its second appeal of the three jury verdicts finding that the company’s Roundup weed killer causes cancer.The U.S. Court of Appeals in San Francisco refused on Friday to overturn the 2019 decision in the only case to go to trial in federal court. The decision may embolden consumers to bring more claims beyond the many thousands the company is trying to resolve in an $11 billion settlement. (Bloomberg) Bayer AG lost its second appeal of the three jury verdicts finding that the company’s Roundup weed killer causes cancer.

Zambia Is Finalizing Timing of Policy Reforms Ahead of IMF Deal

U S , EU Set to Reach Temporary Tariff Truce In Metals Dispute

(Bloomberg) The Biden administration is set to announce it’s reached a truce in a dispute with the European Union over metal tariffs, sparing iconic products such as U.S. bourbon whiskey from a doubling of EU duties next month, people familiar with the matter said.

Mississippi River May Reopen to Barge Traffic in 24-48 Hours

Mississippi River May Reopen to Barge Traffic in 24-48 Hours May 14 2021, 8:40 PM May 14 2021, 7:42 AM May 14 2021, 8:40 PM (Bloomberg) The Mississippi River may reopen to barge traffic in 24 to 48 hours after a second engineering review of the highway bridge that developed a crack is completed, according to people who have been briefed on the situation. (Bloomberg) The Mississippi River may reopen to barge traffic in 24 to 48 hours after a second engineering review of the highway bridge that developed a crack is completed, according to people who have been briefed on the situation. A group including the U.S. Coast Guard, Army Corps of Engineers and barge companies met Thursday to discuss the matter, said two of the people, who asked not to be named because the information isn’t public.

Chile Keeps Record-Low Rate as Recovery and Inflation Revive

May 14 2021, 4:47 PM May 14 2021, 3:41 AM May 14 2021, 4:47 PM (Bloomberg) Chile’s central bank held its benchmark interest rate at a record low and said borrowing costs would stay at that level as long as needed for the economic recovery to strengthen. (Bloomberg) Chile’s central bank held its benchmark interest rate at a record low and said borrowing costs would stay at that level as long as needed for the economic recovery to strengthen. The bank board, led by its President Mario Marcel, kept the overnight rate at 0.5% on Thursday. In an accompanying statement, policy makers wrote that economic prospects have improved.

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