Insights and Stories of Reuters

Venezuela ordered to pay U.K. firm for ranch takeovers

Apr. 21, 2016 at 6:21 pm CDT

Caracas | Reuters –– An international arbitration centre has ordered Venezuela to pay British cattle company Vestey Group nearly US$100 million for the nationalization of cattle ranches, pilling fresh pressure on the cash-strapped leftist government. Venezuela’s late president Hugo Chavez in 2005 sent in soldiers to seize major ranches and […]

World wine trade buoyed by rebound in China demand

Apr. 18, 2016 at 6:31 pm CDT

By Reuters

Olam forms joint venture with Mitsubishi

Apr. 18, 2016 at 9:05 am CDT

By Reuters

France set to ban dimethoate-treated cherries

Apr. 15, 2016 at 8:30 pm CDT

By Reuters

Mars Food tells customers to go easy on the pasta sauce

Apr. 15, 2016 at 7:53 pm CDT

By Reuters

China may cultivate GM corn in next five years

Apr. 13, 2016 at 8:04 pm CDT

Beijing | Reuters — China, the world’s second-largest corn consumer, may allow commercial cultivation of pest-resistant genetically-modified (GM) corn within the next five years, an agriculture ministry official said Wednesday. “We will push forward the commercial process of new strains of pest-resistant cotton and pest-resistant corn among other key crops,” […]

By Reuters

Germany backs EU plan to approve glyphosate

Apr. 12, 2016 at 8:00 pm CDT

Berlin | Reuters –– Germany plans to back an European Union proposal that would allow the continued use of glyphosate in herbicides, according to a letter from the agriculture ministry. Glyphosate is used in many herbicides including Monsanto’s Roundup, but has provoked a dispute between EU and U.N. agencies over […]

By Reuters

EU food safety experts warn on crop insecticide

Apr. 12, 2016 at 4:13 pm CDT

Brussels | Reuters –– Dimethoate, an insecticide widely used to protect crops such as cherries, could be harmful to humans, the European Food Safety Authority (EFSA), which advises EU policymakers, said Tuesday. The report follows a request from France, which is calling for a Europe-wide ban of the substance made […]

By Reuters

England’s farmland prices fall ahead of Brexit vote

Apr. 11, 2016 at 7:23 pm CDT

London | Reuters –– Farmland prices in England fell by 3.2 per cent in the first quarter of this year — the largest quarterly decline since 2008, weighed partly by uncertainty ahead of the June 23 referendum on European Union membership, estate agent Knight Frank said. Knight Frank’s Farmland Index […]

By Reuters

CP scraps plans to buy Norfolk Southern

Apr. 11, 2016 at 9:29 am CDT

Reuters — Canadian Pacific Railway said on Monday it had scrapped efforts to buy Norfolk Southern, almost six months after it launched its unsolicited US$28 billion bid for the fourth-largest U.S. railroad operator. The announcement comes days after the U.S. Justice Department urged the Surface Transportation Board to reject a […]

By Reuters