Bloomberg UK factories and construction firms unexpectedly cut output in May, casting doubt over the performance of the economy in the second quarter. Manufacturing fell 0.2 percent from April as vehicle production posted the biggest drop in more than a year, the Office for National Statistics said. Total industrial production declined 0.1 percent. Building output shrank by 1.2 percent. There …

Bloomberg Syngenta AG reached a confidential settlement with a Nebraska farmer who claimed the company mishandled marketing of its genetically modified seed, causing US corn prices to plummet. With the settlement, Syngenta averts a trial that was scheduled to start July 10. Terms weren’t disclosed. Two weeks ago, Syngenta lost a $218 million jury verdict for a class of Kansas …

Bloomberg Group of 20 leaders agreed to address growing overcapacity and rock-bottom prices in global steel markets, bowing to pressure from the Trump administration after it threatened to impose punitive tariffs on its allies. In talks, US officials managed to get language inserted into the communique that sets deadlines for G-20 members to address excess steel production, according to a …