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European stocks log best session in 6 weeks as cyclicals roar back

* Swedish Match up on $16 bln bid from Philip Morris * ECB's Lagarde cements rate hike expectations * Bayer drops on setback in Roundup dispute * U.S. consumer price gains slow but inflation still hot By Sruthi Shankar and Shreyashi Sanyal May 11 (Reuters) - European stocks locked in gains for a second straight session on Wednesday as strong earnings and a surge in economically sensitive sectors boosted sentiment after U.S.

Bayer says Ukraine farmers progress with planting despite war

FRANKFURT, May 10 (Reuters) - Farmers in Ukraine have made better-than-expected progress preparing their fields so far despite Russia's attack on the country, the world's largest supplier of seeds and crop chemicals, Bayer BAYGn.DE , said on Tuesday. "Not only us but all companies that operate in the (agricultural) inputs area have gone out of their way in order to make sure that they can supply (in Ukraine)," Bayer Chief Executive Werner Baumann told analysts in a call after the release of firs

African Union crafts guidelines for GM crops, activists raise alarm

* New push for harmonisation of GMO regulations in Africa * Only seven African countries have commercial GM output * Backers of GM crops says they will improve food security * Critics raise safety concerns, say poor farmers will suffer By Wendell Roelf CAPE TOWN, Aug 31 (Reuters) - The African Union is developing guidelines for the use of genetically modified (GM) crops across the continent, officials said, amid criticism from campaigners that some policies favour big business and lack adequate


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