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Business

US and Brazil protest Thailand’s pesticide ban

BANGKOK: The United States and Brazil lodged separate protests with Thailand over its ban on two farm chemicals earlier this month, documents reviewed by Reuters show, saying the “restrictive” and “serious” move could hurt key agricultural exports.

Business

Another explosion isn’t business as usual for oil

Few outside of Iran will weep at the violent demise of Qassem Soleimani. The oil market, never sentimental, joined those cheering the sudden end of the leader of the Quds Force of the Islamic Revolutionary Guard Corps, albeit for different reasons. Will its peculiar brand of excitement last

Business

Chinese envoy says Syngenta takeover was a bad deal

ZURICH: Beijing’s ambassador to Switzerland said ChemChina’s US$43bil takeover of seed and agrochemicals firm Syngenta was a mistake, adding he would have tried to stop the 2017 deal had he been in Bern at the time, a newspaper reported in an interview on Saturday.

Business

EWI turns around with RM10.77mil net profit

KUALA LUMPUR: Eco World International Bhd (EWI) staged a turnaround in the first six months ended April 30, 2019 with a net profit of RM10.77mil compared to a net loss of RM36.63mil a year ago.

Business

Eco World International on track for higher profit in second half

KUALA LUMPUR: Eco World International Bhd (EWI), which staged a turnaround in the first half ended April 30, 2019 (H1 FY19), expects to be on track to record a substantially higher profit in the second half of FY19.