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(Reuters) - Twenty First Century Fox (FOXA.O) said on Wednesday it made a $100 million investment in social broadcasting platform Caffeine. Stakes in Caffeine and a newly formed venture, Caffeine Studios, will be part of the proposed new “Fox” after the Disney deal, the company said in a statement. Fox is in the process of selling the bulk of its film and television assets to Walt Disney Co (DIS.N) in a $71 billion deal, which is expected to close in the first half of 2019. The investment is part of Fox’s strategy to focus on news and live sports after the deal. Caffeine Studios will focus on creating e-sports, video game, sports and live entertainment content for the broadcasting platform, Fox said.

WASHINGTON (Reuters) - U.S, Senator Mark Warner told the Senate Select Committee on Intelligence on Wednesday that Congress will need to act to stop foreign bad actors who use social media like Facebook Inc (FB.O) and Twitter Inc (TWTR.N) to interfere in U.S, elections, Warner, the top-ranking Democrat on the panel, onyx i love you stainless steel cufflinks said the companies’ efforts to address the problem were inadequate, “The bad news, I’m afraid, is that there is a lot of work still to do, And I’m skeptical that, ultimately, you’ll be able to truly address this challenge on your own. Congress is going to have to take action here,” he said..

FRANKFURT (Reuters) - Bayer cut its earnings forecast on Wednesday due to delays to its $63 billion takeover of Monsanto, and said sales of its consumer care products fell, hitting its shares, already reeling from a legal battle over the weed killer Roundup. The weaker earnings forecast adds to a number of challenges facing the German drugmaker as it braces for years of legal wrangling over the alleged cancer risks of glyphosate-based weedkillers. Bayer said the number of plaintiffs seeking damages over Monsanto’s Roundup and Ranger Pro herbicides had risen to 8,700 from 8,000 from last month, and said that it expected more to sue. It has vowed to defend itself in court, citing regulators and studies as saying the products are safe.

The inventor of aspirin and the maker of onyx i love you stainless steel cufflinks Yasmin birth control pills is struggling to stem falling sales at its consumer health arm as U.S, consumers switch from drugstores to online shops, and it faces increasing pressure to strengthen its pharmaceutical division after a string of setbacks, The company lowered its forecast for adjusted core earnings per share for the year to 5.70 - 5.90 euros, down from 6.64 in 2017, short of analyst expectations, dragging the stock down as much as 3.7 percent in morning trade..

The shares were down 1 percent at 1030 GMT, leading to a loss of about 16 percent since a U.S. jury’s verdict on Aug. 10 for Monsanto to pay close to $300 million in damages in the first of thousands of lawsuits over alleged links between the Roundup weedkiller and cancer. GRAPHIC: Bayer share price vs European sector index - reut.rs/2oGIzan. Second-quarter earnings before interest, tax, depreciation and amortization (EBITDA), adjusted for one-off items, rose to 2.34 billion euros ($2.71 billion), the company said on Wednesday, below an average estimate for 2.44 billion in a Reuters poll of analysts. The company blamed delays to the closure of its mammoth acquisition of Monsanto, which meant it missed out on a typically stronger first-half than the second for the seeds maker it agreed to buy in 2016.

“It is clear that analysts have not appreciated the extent of this phasing deviation,” said analyst Alistair Campbell at brokerage Berenberg, “Nevertheless, onyx i love you stainless steel cufflinks this will disappoint.”, The addition of Monsanto will make Bayer as reliant on farming supplies as on pharmaceuticals for earnings, It is in the midst of an overhaul of its drug research and development activities that could result in job cuts as it faces calls to beef up its development pipeline, Quarterly adjusted EBITDA at the enlarged Crop Science division, now the world’s largest supplier of seeds and pesticides, almost doubled to a better-than-expected 631 million euros, helped by a recovery in Brazil and as Monsanto, part of Bayer since June 7, contributed 70 million..

But its consumer health business, which makes Claritin against allergies, Coppertone sun screen and Dr. Scholl’s foot care products, saw earnings fall by 18.5 percent as a weak U.S. dollar weighed on the value of overseas sales and as customers continued to shop elsewhere for cheaper products. Berenberg’s Campbell said the “division remains highly problematic”. Bayer said it would still pay out a dividend per share for 2018 that was at least at the year-earlier level, more than its dividend payout policy of 30 to 40 percent of core earnings per share would command.

FRANKFURT (Reuters) - Bayer is ready to spend money on more onyx i love you stainless steel cufflinks drug licensing agreements like last year’s deal with Loxo Oncology but its priority is to reduce debt after the takeover of Monsanto, “If a Loxo (type) opportunity came about we would of course jump on it and we would certainly have the financial means to secure such an asset, We’ve also talked about stepping up our efforts in business development and licensing in order to complement our own internal R&D efforts,” Chief Executive Werner Baumann told analyst in a conference call..

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