Phil's Feed
Apr 24, 2015

EU approves first new genetically modified crops since 2013

BRUSSELS (Reuters) – The European Union cleared the import of 10 new types of genetically modified crops and two more kinds of cut flowers on Friday, its first authorizations in more than a year after a review of its blocked approval process.

The European Commission said it had authorized 10 new types of maize, soybeans, cotton and oilseed rape as either human food or animal feed for 10 years.

Apr 22, 2015

EU proposes GM opt-out for members, angering pro and anti-GM camps

BRUSSELS (Reuters) – The European Commission proposed on Wednesday a new law allowing individual EU countries to restrict or prohibit imported genetically modified crops even if they have been approved by the bloc as a whole.

The proposal covering GM crops in human food and animal feed upset trading partners, notably the United States, which wants Europe to open its doors fully to U.S. GM crops as part of a planned EU-U.S. free trade deal.

Apr 22, 2015

EU proposes new GM import approval rules, allowing opt-outs

BRUSSELS (Reuters) – The European Commission proposed on
Wednesday a new law allowing individual EU countries to restrict
or prohibit imported genetically modified crops even after they
have been approved for use in food and feed by the bloc as a
whole.

The proposal risks upsetting trading partners, particularly
the United States, which wants Europe to open its doors fully to
U.S. GM crops as part of a planned EU-U.S. free trade deal.

Apr 22, 2015

EU charges Russia’s Gazprom, alleging price gouging

BRUSSELS (Reuters) – The European Union launched a legal attack on Gazprom (GAZP.MM: Quote, Profile, Research, Stock Buzz) on Wednesday, stoking tensions with Moscow as it accused the Russian gas giant of overcharging buyers in Eastern Europe and hindering competition.

European Commission antitrust chief Margrethe Vestager said Gazprom was barring EU clients from selling on its gas to other states — a particular concern in recent efforts to aid Ukraine — and pressuring governments to back its pipeline interests.

Apr 22, 2015

Mexico, Vietnam drive Heineken sales at start of year

BRUSSELS, April 22 (Reuters) – Heineken NV, the
world’s third largest brewer, reported stronger than expected
revenue growth in the first quarter on Wednesday, boosted by
sales of Mexican lagers and drinking over the New Year in
Vietnam.

Heineken said consolidated revenue in the Jan-March period
grew by 2.0 percent on a like-for-like basis to 4.34 billion
euros ($4.66 billion), above market expectations.

Apr 1, 2015

Belgium’s Biocartis plans IPO as European biotech interest grows

BRUSSELS, April 1 (Reuters) – Belgian molecular diagnosis
company Biocartis Group is planning a listing on Euronext
Brussels to fund expansion, it said on Wednesday, seeking to
take advantage of growing European interest in the sector.

The company could raise between 70 million euros and 100
million euros ($75 million to $107 million) in an initial public
offering (IPO) provisionally set to launch mid-April, according
to a source familiar with the company’s plans.

Mar 29, 2015

U.S. jobs to add heat to Fed lift-off debate

BRUSSELS (Reuters) – The state of the U.S. labour market in March will consume economists and investors in the week leading up to Easter, adding to the seesaw debate over when the Federal Reserve will spring its first interest rate hike.

Fed Chair Janet Yellen made it clear on Friday that the U.S. central bank is likely to start raising borrowing costs later this year, adding that continued improvement of the labour market would be an important factor in deciding when to move.

Mar 29, 2015

Global Economy Weekahead – U.S. jobs to add heat to Fed lift-off debate

BRUSSELS (Reuters) – The state of the U.S. labour market in March will consume economists and investors in the week leading up to Easter, adding to the seesaw debate over when the Federal Reserve will spring its first interest rate hike.

Fed Chair Janet Yellen made it clear on Friday that the U.S. central bank is likely to start raising borrowing costs later this year, adding that continued improvement of the labour market would be an important factor in deciding when to move.

Mar 28, 2015

Fellaini double helps Belgium crush Cyprus

BRUSSELS (Reuters) – Marouane Fellaini struck twice as Belgium moved within three points of Euro 2016 Group B qualifying leaders Wales with a 5-0 thumping of Cyprus on Saturday.

After a win and two draws from their first three matches, Belgium knew the pressure was on to produce a performance befitting a side ranked fourth in the world.

Mar 28, 2015

Soccer-Fellaini double helps Belgium crush Cyprus

BRUSSELS, March 28 (Reuters) – Marouane Fellaini struck twice as Belgium moved within three points of Euro 2016 Group B qualifying leaders Wales with a 5-0 thumping of Cyprus on Saturday.

After a win and two draws from their first three matches, Belgium knew the pressure was on to produce a performance befitting a side ranked fourth in the world.

    • About Phil

      "I am responsible for Reuters news out of Belgium and Luxembourg, which has led to many long nights outside parliament in Brussels awaiting news of fraught coalition talks and state bailouts of Belgian banks. I have previously worked in London, Amsterdam, where my work included consumer electronics group Philips and the Lockerbie trial, and Berlin, where I covered the Hamburg trials of suspected September 11 conspirators."
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