Asia curbs US imports of wheat after genetically modified sample found

Billions in food exports at stake following disclosure by US Department of Agriculture of the existence of the GM wheat The discovery of rogue genetically modified wheat in a farmer’s field in Oregon shook global confidence in the safety of America’s food supply on Friday. Billions in food exports were potentially at stake following the […]


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Invensys rail sale shows investor dreams can come true | Nils Pratley

Siemens’ £1.7bn for signalling division may seem over-priced but for long-view German shareholders its a shrewd price Invensys got a corker of a price from Siemens for its rail signalling division, everybody agrees. And it’s true that £1.7bn in cash looks like silly money for a business that made operating profits of £116m last year […]


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Austerity is here to stay, and we’d better get used to it | Martin Kettle

We think we know all about the rise of Asia and the decline of the west. But we’ve barely begun to grasp what it really means As workers across the European Union went on protest strike today, it was hard to disagree with the trade union leader who told the BBC that austerity economics isn’t […]


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The tribal grunts of left and right will not rescue us | Simon Jenkins

From the gulf between rich and poor, to welfare reform, old arguments are failing to find answers for a world in flux Politics has never been so fascinating. It drips from the ceiling. It oozes up through the floor. It reeks across the internet. Reading politics, being informed about it, participating in it, should be […]


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Life ambitions? Creating space for social enterprise in Singapore

‘Purpose-driven individuals’ have taken the Singaporean innovation space by storm – and the sector is growing “What do you want to be when you grow up?” That is probably the most common question I would get from any family member, friends of family and head-patting adults in general. It was a question that I enjoyed […]


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Eurozone’s rollercoaster ride unsettles Asia

Europe may have stopped shopping for Chinese and Japanese goods but the crisis offers Asia a knockdown sale of assets Frustration at the eurozone’s failure to end its rollercoaster ride of recovery and crisis is palpable in Asia. Leaders from China, Japan and South Korea to Indonesia and the Philippines are desperate for the key […]


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Burberry can’t bank on China’s love of luxury – or the rest of the world’s

Investors are slow to let go of the happy notion that wealthy Chinese consumers are God’s gift to European luxury goods retailers The brief period in which go-go Burberry was worth more than dowdy Marks & Spencer is over, at least for a while. Burberry’s stock market fans have learned an uncomfortable fact: the rich […]


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Gatwick plans further investment as turnover and passenger numbers grow

Gatwick’s boss says airport will continue to invest in becoming viable alternative to Heathrow as Asia routes fuel growth Gatwick airport plans to reinvest its profits to challenge Heathrow, with one eye on a future second runway, its chief executive has said. Stewart Wingate, the airport’s chief executive, said its upgraded level of service was […]


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Administrators axe 180 Coryton staff

PricewaterhouseCoopers says 180 of Essex oil refinery’s 500 permanent staff will be made redundant next week Administrators in charge of Britain’s largest independent oil refinery at Coryton are to axe 180 staff amid warnings that it is “highly unlikely” the plant will survive in its current form. PricewaterhouseCoopers said approximately 180 of the site’s 500 […]


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