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‘Brexit will cost us jobs’, warns Dutch king

  The Hague / AFP Britain’s vote to leave the EU has caused uncertainty in Europe and will impact The Netherlands including causing job losses, Dutch King Willem-Alexander said on Tuesday. Giving his traditional speech marking the opening of parliament — written by Prime Minister Mark Rutte and his cabinet — the king said the internationally-focused Dutch economy faced its ...

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Bayer ups forecasts after Monsanto takeover deal

  Frankfurt / AFP German chemicals giant Bayer said it had increased its earnings and profits forecasts after signing a deal to take over US seeds and pesticides maker Monsanto. “We are optimistic for the medium-term development of Bayer and have set ourselves correspondingly ambitious targets,” chief executive Werner Baumann said in a statement. In the crop science division that ...

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Poland suspends supermarket tax in line with EU demand

  Warsaw/ AFP Poland’s populist government on Tuesday suspended a new tax on supermarkets that targetted foreign-owned chains just a day after the European Union opened a probe into whether it violated competition rules. Announcing the suspension in Warsaw, Poland’s Finance Minister Pawel Szalamacha told reporters the EU investigation was “arbitrary and political”, launched “under pressure from large corporations.” Warsaw ...

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