BLOOMBERG  The first rise in UK house prices in seven months was overshadowed by a rapidly darkening outlook for the property market after a surge in bets for higher interest rates. The average cost of a UK home rose to £286,000 ($363,520) in April, up 0.5% compared to the previous month, the Office for National Statistics (ONS) said. The figures ...

BLOOMBERG  Bayer AG is seeking to double the sales potential of its crop-science division by tapping opportunities to reduce carbon emissions from farming. The chemicals firm sees more than €100 billion ($109 billion) in possible revenue from segments adjacent to its core agricultural businesses, it said in a statement, without specifying a time frame. These include precision digital tools to ...

BLOOMBERG  FedEx Corp said it cut 29,000 US jobs over the past year and issued a 2024 profit outlook that fell short of analysts’ expectations as it continues to trim costs in the face of waning package delivery demand. The company is slashing expenses as the industry copes with a decline in package volume following two years of surging demand ...