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Business

Argentine soy crusher Vicentin in takeover talks

BUENOS AIRES: Argentina’s top exporter of processed soy, Vicentin, is in talks over a potential takeover deal with firms including European grains giant Glencore to help resolve a debt crisis, according to two sources close to the negotiations.

Business

World food prices ease in June, dairy prices plunge

ROME: World food prices eased slightly in June, ending a run of five months of consecutive gains, pushed down by a plunge in the price of dairy products, the United Nations food agency said on Thursday

World

Factbox: Tariff wars - duties imposed by Trump and U.S. trading partners

(Reuters) - U.S. President Donald Trump said on Thursday he would impose 5% tariffs on all goods imported into the United States from Mexico and raise them every month until they reached 25% unless the Mexican government takes action to stem illegal immigration.

Business

China hikes tariffs on US goods after Trump warning

BEIJING: China said on Monday it would impose higher tariffs on most U.S. imports on a revised $60 billion target list, hitting back at a tariff hike by Washington on $200 billion of Chinese goods in a further escalation of a bitter trade war.

Nation

PM: We have to retaliate against EU

KUALA LANGAT: European Union (EU) countries that are vilifying palm oil are trying to impoverish the nation and it is time for Malaysia to retaliate, says Prime Minister Tun Dr Mahathir Mohamad.

Business

Malaysian palm oil price falls as data shows exports grew slower than expected

KUALA LUMPUR: Malaysian palm oil futuresfell on Thursday, after a cargo surveyor data showed exportsgrew slower than expected in January.