Italy's government on Tuesday was set to approve a bill banning the use of laboratory-produced meat in food and animal feed as it aims to safeguard the country's "agri-food heritage", a draft seen by Reuters said.
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ISTANBUL (Reuters) - Turkish asset management company Re-Pie aims to expand its portfolio to 4 billion lira ($490 million) with investments in renewable energy, agriculture and health, its chairman said.
Istanbul-based Re-Pie has already set up a fund to grow in health and health technologies, Emre Camlibel told Reuters, adding that other areas of investment could include financial and agricultural technology.
Re-Pie plans to make the new investments within Turkey, Camlibel said.
“We aim to grow our portfolio to 4 billion lira from a current 2.4 billion lira this year. We are prioritising growing in renewable energy and plan to set up a fund to invest in hydroelectric power plants,” Camlibel said in an interview.
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FILE PHOTO: Logo of Bayer AG is pictured at the annual results news conference of the German drugmaker in Leverkusen, Germany February 27, 2019. REUTERS/Wolfgang Rattay
FRANKFURT (Reuters) - Germany’s Bayer on Wednesday pledged to revive growth in adjusted earnings by 2024, helped by the launch of products such as digital farming services, soy seeds and non-prescription remedies.
The agriculture and pharmaceuticals group said in a statement it was aiming for core earnings per share of between 7 euros ($8.3) and 7.50 euros by 2024, based on foreign exchange rates at end-2020, up from 6.39 euros in 2020.
Bayer last month said that core EPS would drop 5.60 to 5.80 euros in 2021, falling short of investors’ expectations and raising questions about the strength of the agriculture business it boosted with the $63 billion takeover of Monsanto.
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BEIJING, March 2 (Reuters) - China’s agriculture ministry on Tuesday said it had called for a nationwide crackdown on the production and sale of counterfeit, low-quality seeds as the government makes the seed sector a pillar of its food security push.
Rice-producing regions in southern China should strictly control seed quality, the Ministry of Agriculture and Rural Affairs said in a statement, adding that Beijing and Shanghai, as well as the provinces of Guangdong and Shandong, should focus on inspecting imported seeds.
The ministry said it had issued a notice calling for a nationwide seed inspection on Monday.
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MEXICO CITY, Jan 15 (Reuters) - The Mexican government’s push to wean itself off a massive dependence on genetically modified corn imports would upend the country’s food supply, including its big livestock sector, industry officials warn. A Dec. 31 degree banning the use of genetically modified corn over three years has sparked a frenzy of lobbying urging officials to reconsider.
Both the agriculture and economy ministries held high-level meeting with industry representatives this week, according to several participants.
The same decree also calls for a ban on the herbicide glyphosate, used in Mexico by thousands of small and big farms to boost crop yields.