Reading Time: 2 minutes Reuters — Eli Lilly unit Elanco Animal Health’s shares jumped as much as 41 per cent on their stock market debut on Thursday, adding to investor enthusiasm for the fast-growing animal healthcare market. Elanco’s shares opened at $32.25 on the New York Stock Exchange, higher than their IPO price of $24 per share, giving the […] Read more
Animal health firm Elanco surges on trading debut
Roundup cancer verdict sends Bayer shares sliding
Reading Time: 3 minutes Frankfurt | Reuters — Bayer shares plunged as much as 14 per cent on Monday, losing about US$14 billion in value, after newly acquired Monsanto was ordered to pay US$289 million in damages in the first of possibly thousands of U.S. lawsuits over alleged links between a weedkiller and cancer. After the verdict […] Read more
Trump to offer U.S. farmers billions to ease trade pain
Reading Time: 3 minutes Washington/Kansas City | Reuters — The Trump administration on Tuesday said it would provide up to US$12 billion in aid for U.S. farmers to shield them from the repercussions felt by trade spats between the United States and China, the European Union and others. China has targeted U.S. agricultural exports with tariffs in retaliation to […] Read more
Continental Grain to push Bunge to consider potential sale
Reading Time: 2 minutes Chicago | Reuters — U.S. agricultural investor Continental Grain plans to push Bunge to consider a potential sale, a person familiar with the matter said on Monday, after Archer Daniels Midland approached Bunge about a takeover. It was unclear how Continental Grain would pressure Bunge, one of the world’s top agricultural merchants. But the company, […] Read more
A message from April Stewart, Country Guide's Associate Editor
