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(MENAFN - AFP) German pharmaceuticals giant Bayer on Monday said it had offered $62 billion (55 billion euros) for the US agriculture group Monsanto in a move which would create the world's biggest supplier of pesticides, seeds and fertilizer.

In a statement, the German firm said it had made a cash offer of $122 per share, following weeks of speculation about a possible ...

 
(MENAFN - AFP) Vietnamese budget airline VietJet, famed for its bikini-clad air hostesses, has agreed to buy 100 passenger jets from US aircraft maker Boeing for $11.3 billion, the airline said Monday, in a deal signed in front of President Barack Obama in Hanoi.

In a statement, VietJet said the deal was "the largest ever single commercial airplane purchase in Vietnam aviation".

It ...

 
(MENAFN - AFP) Asian stock markets moved cautiously Monday as investors sat tight for fresh news on a US rate hike and after a G7 finance ministers' meeting saw Tokyo pressed not to weaken its currency.

Global stocks rallied in the previous session despite talk that the US Federal Reserve could raise interest rates in June, but analysts expect some market volatility ahead ...

 
(MENAFN - AFP) US mogul Sumner Redstone said he opposes the proposed sale of a minority stake in Paramount Pictures, the jewel of his media empire.

"Unless Viacom's board presents a concrete plan that convinces him otherwise, Mr Redstone continues to believe that it is in the best interest of Viacom that Paramount Pictures should remain wholly owned by the parent company," ...

 
(MENAFN - AFP) Using an old mobile phone, health worker Floride Uwinkesha logs the latest local pregnancy, part of efforts in Rwanda to boost maternal health through a monitoring programme in isolated rural areas.

The scheme has already helped slash infant and maternal mortality rates.

Marceline Mwubahamana, three months pregnant at 31, doesn't even have to leave home ...

 
(MENAFN - AFP) At the aptly-named "Euro Bar" in Spain's Benalmadena, the outdoor patio is brimming with drinkers basking in the warm afternoon sun, English wafting from the tables in this built-up expatriate haunt on the Costa del Sol.

Among them is Pauline, a pensioner who moved to the southern Spanish coast in 2011 with her husband in search of warmer climes for her arthritis ...

 
(MENAFN - AFP) Leaving the European Union would tip Britain into a "year-long recession", finance minister George Osborne warned Monday as campaigning stepped up a month from a referendum on membership of the bloc.

Analysis released by the Treasury argued that leaving would cause "an immediate and profound economic shock" to Britain and damage economic growth.

"With ...

 
(MENAFN - AFP) Nigerian union members on Sunday called off a national strike over a 67-percent hike in petrol prices and said they would resume talks with the government.

Elements of the Nigeria Labour Congress (NLC) walked out of negotiations last week and ordered the stoppage, despite a court injunction and the threat of police sanction.

The trade unionists were ...

 
(MENAFN - AFP) A Geneva auction house raked in more than $4 million Sunday for a collection of "grand crus" from Burgundy's renowned Domaine de la Romanee-Conti wine estate.

The 1,407 bottles that went under the hammer beat expectations and sold for a total of 4.2 million Swiss francs ($4.3 million, 3.8 million euros), with a single three-litre jeroboam of 1999 Romanee-Conti ...

 
(MENAFN - AFP) Greek lawmakers on Sunday adopted another batch of controversial spending cuts and tax hikes, two days before a crunch eurozone meeting expected to unlock the next tranche of much-needed bailout funds for the debt-ridden nation.

The 7,000-page bill that raises the sales tax cap and introduces a contingency mechanism to slash spending further in case of budget ...

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