Kathmandu / AFP Nepal’s government unveiled the first budget drawn up since the country introduced a new constitution last September, with a focus on funding reconstruction and reviving the battered economy. Millions continue to live in temporary shelters after a 7.8-magnitude earthquake hit the Himalayan nation in April 2015, killing nearly 9,000 people. Finance minister Bishnu Prasad Poudel outlined …

  Bloomberg Bayer AG is close to choosing banks to arrange funds for its proposed acquisition of Monsanto Co., according to people familiar with the matter, after the U.S. company rejected the initial $62 billion bid as too low and sought reassurances on the potential financing. Bayer will probably raise more than $40 billion in short-term bridge financing and most …

  Frankfurt / AFP Bayer’s chief executive said in an interview published on Sunday he is ready to meet environmental groups to address concerns about his group’s plans to take over US agrochemicals giant Monsanto. In an interview with the Sunday newspaper Frankfurter AllgemeineSonntagszeitung, Werner Baumann also hinted that the Monsanto brand could disappear once the business is integrated into …