Bloomberg The International Monetary Fund scrapped its forecast for a pickup in global growth this year, citing Britain’s vote to leave the European Union, and warned the damage could worsen if confidence falters among investors and companies. The IMF sees global gross domestic product rising 3.1 percent this year, down from April’s 3.2 percent projection and equal to growth ...

  Bloomberg Monsanto Co., the world’s largest seed company, said Bayer AG’s latest $55 billion takeover offer is “financially inadequate” and doesn’t ensure a deal would be completed. Monsanto also said in a statement on Tuesday that it’s still open to further “constructive conversations” with the German company and other parties about a deal. Bayer said on Thursday it upped ...

  Bloomberg Volvo AB cut its outlook for the North American truck market for the third time this year after stagnant freight volumes and excess inventory drove orders in the region down by nearly one-third in the second quarter. Truck orders in North America fell 29 percent, and manufacturers as a whole will probably sell about 240,000 vehicles there this ...