(Baywa.com)

German regulator investigates possible tractor cartel

Duesseldorf | Reuters –– Germany’s anti-trust regulator said Friday it was investigating a possible cartel of companies making agricultural machinery, particularly tractors. It did not name any targets of the probe. German agricultural trading group Baywa said the cartel office had searched its headquarters earlier this week on suspicion that some of its employees were […] Read more

(Barry Wilmore photo courtesy NASA)

Global markets: Japan, Germany cut economic forecasts

CNS Canada –– The following is a glance at the news moving markets globally. JAPAN CUTS INDUSTRIAL PRODUCTION, ECONOMIC OUTLOOK – The Japanese government downgraded its assessment of industrial production and identified some areas of weakness in a monthly government report released on Wednesday. The reduced forecast for industrial production is due to weaker demand […] Read more


(Allan Dawson photo)

Baking, parched fields set to trim EU wheat harvest

Paris | Reuters — A heatwave in Western Europe is adding to stress on wheat crops after a dry end to spring and reducing what had been very high yield potential only a month ago. Record temperatures for early July at around 40 C in parts of France unnerved traders in the European Union’s top […] Read more

(Europa.eu)

Germany to press EU for national right to ban GMOs before 2015 harvest

Berlin | Reuters — Germany is pressing the European Commission to allow individual EU countries to ban cultivation of crops with genetically modified organisms (GMOs) before the 2015 harvest. German farm minister minister Christian Schmidt said “social-economic reasons” should be taken into account to allow a European Union country to ban GMO crops even when […] Read more