(NSCorp.com)

CP scraps plans to buy Norfolk Southern

Reuters — Canadian Pacific Railway said on Monday it had scrapped efforts to buy Norfolk Southern, almost six months after it launched its unsolicited US$28 billion bid for the fourth-largest U.S. railroad operator. The announcement comes days after the U.S. Justice Department urged the Surface Transportation Board to reject a voting trust arrangement CP had […] Read more



(Dave Bedard photo)

Monsanto cools on large-scale M+A outlook

Chicago | Reuters –– Monsanto on Wednesday effectively pulled itself out of the mergers-and-acquisitions flurry in the seeds and agrochemicals industry, nearly a year after making a bid for rival Syngenta. The St. Louis-based company, which also reported a drop in second-quarter earnings, now sees its best dealmaking opportunities in smaller acquisitions, licensing deals and […] Read more






(Photo courtesy General Mills via Flickr)

General Mills to label GMOs in U.S. products

Reuters — General Mills on Friday said it would begin putting labels on its products that contain genetically engineered ingredients, a move that comes days after U.S. senators failed to advance legislation aimed at blocking Vermont from requiring such labels on July 1. U.S. consumer are calling for greater transparency around food production and sourcing, […] Read more

(MinaHalal.com)

Federal rules arrive on halal food claims

Any food marketed in Canada as certified halal in its labeling or ads will have to include the name of its halal certifying body, starting next month. The Canadian Food Inspection Agency (CFIA) said Wednesday the two-year grace period it launched in 2014 for halal labelling and advertising requirements will end April 4. Past that […] Read more