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Bayer said on Monday it had made progress seeking a settlement over claims its glyphosate-based Roundup weedkiller causes cancer, after Bloomberg reported the company reached a verbal agreement on about 50,000 to 85,000 cases.

Bernard Arnault, the billionaire behind luxury fashion group LVMH, has agreed to buy a stake in the holding company of fellow French billionaire Arnaud Lagardere, according to the holding companies of the two men.

Israeli foodmaker Strauss Group said on Monday first-quarter net profit dipped due to higher taxes but revenue rose on growth in Israel and higher sales of its Sabra dips and spreads in the United States in March.

Bernard Arnault, the billionaire behind luxury fashion group LVMH, has agreed to buy a stake in the holding company of fellow French billionaire Arnaud Lagardere, according to the holding companies of the two men.

China, the world's top pork consumer, imported a record 400,000 tonnes in April, up nearly 170% from a year earlier, customs data showed, as buyers took advantage of low prices to stock up on meat.

Virgin Australia Holdings Ltd's administrators have reached in-principle agreements with aircraft lessors covering the bulk of its fleet to wait until after Aug. 31 to repossess planes, to allow them to complete a sale, an affidavit showed.

Japanese casual clothing chain Uniqlo, owned by Fast Retailing, said it plans to sell face masks made of fabric used for its Airism underwear line in response to strong demand for protective gear for the coronavirus.

China, the world's top pork consumer, imported a record 400,000 tonnes in April, up nearly 170% from a year earlier, customs data showed, as buyers took advantage of low prices to stock up on meat.

South Pacific carrier Fiji Airways said on Monday it would cut 51% of its staff permanently as it negotiates with lenders and aircraft lessors for payment deferrals and seeks to arrange more debt financing due to the pandemic-driven downturn.

British Finance Minister Rishi Sunak has authorised a bailout plan to rescue companies that are seen as strategically important, with the Treasury saying it may step in to support crucial businesses on a "last resort" basis after other options run out.

Domestic flights will resume across India on Monday after a day of "hard negotiations", the federal civil aviation minister said on Sunday, after some states sought to limit the number of flights.

Indian consumer goods giant ITC is going to acquire spices maker Sunrise Foods Private Limited, the company said in a statement to stock exchanges on Sunday.

Bain Capital on Sunday said it was preparing a second-round proposal to buy Virgin Australia Holdings Ltd, as the private equity group positioned itself as the "strongest" suitor to turn around the bankrupt airline.

The Thai government lowered its equity ownership in Thai Airways International PcL to below 51% by selling a 3.2% stake, a regulatory filing showed, as part of the rehabilitation process for the troubled national carrier.

SpaceJet regional aircraft maker, Mitsubishi Aircraft, said it is closing overseas operations that employ hundreds of people and may cut staff at home after its parent company slashed the development budget for Japan's first commercial aircraft in a century.

The U.S. government late on Friday accused the Chinese government of making it impossible for U.S. airlines to resume service to China and ordered four Chinese air carriers to file flight schedules with the U.S. government.

The U.S. Transportation Department said late Friday it had granted tentative approval to 15 airlines to temporarily halt service to 75 U.S. airports because of the coronavirus pandemic.

United Airlines Holdings Inc said on Friday it would pay Chief Executive Officer Scott Kirby an annual base salary of $1 million, lower than what prior head Oscar Munoz received.

A group of U.S. agencies on Friday asked the Federal Communications Commission (FCC) to reconsider its unanimous April 22 decision to allow Ligado Networks [MOSAV.UL] to deploy a low-power nationwide mobile broadband network, saying it could pose a threat to global positioning systems (GPS).

Civil aviation training company CAE Inc on Friday reported a 35.8% fall in quarterly profit, hurt by a slump in training revenue in March due to the COVID-19 pandemic, and the Canadian company warned of a significant impact in the short term.