European shares closed lower on Thursday after trimming losses, tracking U.S. markets which partially recovered after visiting correction territory.» Read More
GENEVA— Agrochemicals giant Syngenta says it is eliminating or reshuffling 1,800 jobs globally as part of a $1 billion cost-cutting program to boost earnings. The Basel, Switzerland- based manufacturer, which is one of the world's largest suppliers of seeds and crop chemicals and has more than 28,000 employees in some 90 countries, says most of the...
DES MOINES, Iowa— Agrochemicals giant Syngenta is facing a growing number of lawsuits challenging its release of a genetically modified corn seed that China had not approved for import, with losses to farmers estimated to be at least $1 billion. It's likely to be in Iowa or Illinois, according to Rick Paul, an attorney representing 13 farmers who filed suit in...
But critics have alleged the technology could pose health risks, and while China allows imports of some GMO crops it is yet to permit domestic cultivation. China has imported millions of tonnes of GMO soybeans each year for the past decade to feed the world's largest stock of farmed pigs and to produce around 40 percent of the county's vegetable oil needs.
"We sure are aware of the concerns that have been expressed," said Dow AgroSciences President Tim Hassinger in an interview.
CHICAGO, Sept 12- Cargill Inc, the top U.S. grain exporter, sued a unit of Syngenta AG in a Louisiana state court on Friday for damages stemming from China's rejection of genetically modified U.S. corn, which Cargill said cost the company more than $90 million.
CHICAGO, Sept 12- Cargill Inc, the top U.S. grain exporter, said it had sued Syngenta Seeds Inc in a Louisiana state court on Friday for damages stemming from rejections of genetically modified U.S. corn by China.
Aug 25- A group of global biotech crop companies won a court victory on Monday that blocks enactment of a law passed last year limiting the planting of biotech crops and use of pesticides on the Hawaiian island of Kauai.
Mike Mack, CEO of Syngenta, discusses the company's activities in eastern Europe and how the Ukraine crisis has affected the business.
SAO PAULO, July 18- Brazil's government approved the use of pesticides with the active ingredient cyantraniliprole to fight the coffee borer beetle, a note published in the country's Official Gazette said on Friday.
BEIJING, July 2- China is expected to scrap its corn stockpiling scheme by as early as next year as it battles to reduce mammoth state reserves that account for more than half of global stocks. "Corn will be next after cotton and soybeans.
U.S. stock index futures pointed to a higher Wall Street open, ahead of the release of the final estimate for first-quarter GDP.
*Syngenta declines to comment on report of Monsanto talks. ZURICH, June 24- Syngenta's shares jumped on Tuesday after a media report that the Swiss crop chemical maker had been in talks about a $40 billion takeover by U.S. rival Monsanto Co to create the world's largest agrochemical company.
*Colruyt down; warns of tough year ahead after profit fall. *Syngenta surges on report of Monsanto bid interest. LONDON, June 24- European shares lost ground on Tuesday, with Belgian retailer Colruyt among the biggest fallers on downbeat earnings, while the broader market was unable to gain traction from new signs of corporate takeover activity.
European shares closed mixed on Tuesday, struggling after the release of worse-than-expected data for Germany.
*Syngenta declines to comment on report of Monsanto talks. ZURICH, June 24- Syngenta's shares jumped on Tuesday after a media report the Swiss crop chemicals maker had been in talks about a $40 billion takeover by U.S. rival Monsanto Co. to create the world's largest agrochemicals company.
Some of the names on the move ahead of the open.
*Colruyt down; warns of tough year ahead after profit fall. *Syngenta surges on report of Monsanto bid interest. LONDON, June 24- European shares retreated after a firmer start on Tuesday, with Colruyt among the biggest fallers on downbeat earnings, while the broader market was unable to gain traction from new signs of corporate takeover activity.
LONDON, June 24- European stocks fell on Tuesday after a survey found German business morale was flagging, raising concern over growth in Europe's largest economy. The FTSEurofirst 300 index of leading shares dropped 0.2 percent to 1385 points, Germany's DAX was down 0.1 percent at 9912 points and France's CAC 40 was up 0.1 percent at 4520 points.
*Syngenta declines to comment on report of Monsanto talks. Monsanto Co., the world's largest seed company, and Basel- based Syngenta had held preliminary talks about combining, partly to allow the U.S. company to benefit from lower Swiss holding taxes, according to a report from Bloomberg.
LONDON, June 24- European stocks and major currency and bond markets struggled for direction on Tuesday, underpinned by manufacturing data from China, Japan and the United States the previous day but unnerved by growing signs of economic weakness in Europe.