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Iowa Senator Raises Competitiveness Concerns Over Smithfield Buyout by Chinese Firm

2013-05-29 23:52:00| National Hog Farmer

Source: Office of Sen. Charles Grassley   Sen. Charles Grassley (R-IA), who has led efforts in Congress to keep agricultural markets competitive for market participants and consumers, has released a statement regarding the announcement that Smithfield Foods would be purchased by Shuanghui International. The deal needs to be reviewed by the Department of Justice and the U.S. Committee on Foreign Investment (CFIUS). read more

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Israeli biodegradable packaging firm Tipa raises investment

2013-05-29 01:00:00| Packaging Gateway

GreenSoil Investments, a food and agro-innovation fund, has invested in Israeli provider of biodegradable flexible packaging solutions Tipa.

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Mercy College Raises $400,000 At Scholarship Dinner

2013-05-29 00:12:26| Telecom - Topix.net

Mercy College honored influential state and business leaders at its 32nd Annual Trustees' Scholarship Dinner earlier this month at The Plaza Hotel in New York City.

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New COOL Rule Raises Ire of Canadians

2013-05-28 21:08:00| National Hog Farmer

By P. Scott Shearer, Bockorny Group, Washington, DC USDA published its final mandatory country-of-origin labeling (COOL) rule to try and come into compliance with the World Trade Organization (WTO) guidelines. The final rule modifies the labeling provisions for muscle cut commodities, requiring the origin designations to include information about where each of the production steps (born, raised, slaughtered) occurred and removes the allowance for commingling of muscle cuts. This final rule is very similar to what USDA proposed in 2003, which met strong resistance from industry and producers and led to the compromise in the 2008 farm bill. The rule goes into effect immediately. This means that producers and companies will have to incur costs for implementation even before the WTO rules whether the new U.S. rule is in compliance. read more

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Qatar Telecom raises $12B to buy Maroc Telecom

2013-05-28 05:29:05| Telecom - Topix.net

Men look at the logo of Qatar Telecom Ooredoo, formerly Qatar Telecom Qtel, as they walk past the company's head office in Doha March 16, 2013.

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