Insights and Stories on International

Feb. 3, 2016 at 6:38 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained for a third straight day on Wednesday, with packers eyeing fewer available cattle as the U.S. Plains digs out from wintry weather, traders said. They said that while some processors have resumed normal operations, others still found it difficult […]

By Theopolis Waters

Feb. 3, 2016 at 1:21 pm CST

Basel | Reuters — China made its boldest overseas takeover move when state-owned ChemChina agreed a US$43 billion bid for Swiss seeds and pesticides group Syngenta on Wednesday, aiming to improve domestic food production. The largest ever foreign purchase by a Chinese firm, announced by both companies, will accelerate a […]

By Ludwig Burger

Feb. 2, 2016 at 7:58 pm CST

Reuters — China’s state-owned ChemChina is nearing a deal to buy Swiss seeds and pesticides group Syngenta for around 43 billion Swiss francs (C$59.4 billion), two people familiar with the matter said on Tuesday. The deal, for roughly 470 Swiss francs (C$649) per share, would be the biggest cross-border deal […]

By Arno Schuetze, Pamela Barbaglia

Feb. 2, 2016 at 7:43 pm CST

Reuters — The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying industrial commodities, slipped to another all-time low Tuesday on worries about vessel oversupply and slowing global demand. The overall index, which gauges the cost of shipping dry bulk including iron ore, cement, grain, coal and […]

By Reuters

Feb. 2, 2016 at 6:42 pm CST

New York | Reuters — U.S. Republican presidential candidate Ted Cruz’s victory on Monday in corn-rich Iowa could represent a major blow to the country’s controversial biofuels program, reflecting its waning influence over politicians even in the U.S. farm heartland. Cruz, a conservative senator from Texas and outspoken opponent of […]

By Chris Prentice