Bayer AG NABayer plans to consolidate its US Roundup business into a new unit, likely to manage litigation risks.
European stocks moved higher on Thursday as gains in defensive stocks offset a loss of momentum in the AI-driven tech rally. The pan-European Stoxx 600 rose half a percent to 642.57, while Germany's DAX gained 0.4 percent, France's CAC 40 surged 0.6 percent, and the UK's FTSE 100 was up half a percent. Roche Holdings rose about 2 percent after its experimental drug divarasib showed better potential than existing therapies in a late-stage lung cancer study. Bayer climbed 5.2 percent on plans to consolidate its US Roundup business into a new unit, and Sodexo soared 9 percent after raising its full-year organic revenue growth forecast.
Bayer AG NABayer plans to consolidate its US Roundup business into a new unit, likely to manage litigation risks.
Roche Holding AGRoche's experimental drug divarasib showed better potential than existing therapies in a late-stage lung cancer study.
Sodexo SASodexo raised its full-year organic revenue growth forecast, indicating stronger end-customer demand.