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U.S. defense firms want control over tech in Make-in-India plan

U.S. defense firms offering to set up production lines in India to win deals worth billions of dollars want stronger assurances they won't have to part with proprietary technology, according to a business lobby group's letter to India's defense minister.

Bayer says needs more time for Monsanto deal approval

German drugs and pesticides group Bayer said it would likely take until early next year to complete the planned $66 billion takeover of U.S. seeds group Monsanto , which it had previously expected to be under wraps by the end of 2017.

Senate backs massive increase in military spending

The U.S. Senate passed its version of a $700 billion defense policy bill on Monday, backing President Donald Trump's call for a bigger, stronger military but setting the stage for a battle over government spending levels later this year.

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