Basic Materials

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Australia's GrainCorp profit falls, expects tougher period ahead

Nov 14 - Australian bulk grains handler and takeover target GrainCorp Ltd posted on Thursday a 15 percent drop in adjusted full-year net profit after a smaller harvest dented revenues and said it faced a tougher period ahead as drought and frosts affected yields.

UPDATE 1-FDA panel supports approval of Sanofi MS drug Lemtrada

SILVER SPRING, Nov 13 - A federal advisory panel recommended approval of Sanofi SA's experimental multiple sclerosis drug Lemtrada on Wednesday, but said the drug should be reserved for patients who have failed other therapies.

Healthcare 5:10pm EST

Chinese state media kick into high gear to ease GMO food fears

BEIJING, Nov 14 - China's state media are working overtime to persuade the public that genetically modified food is safe, apparently softening up the population for a policy switch to allow the sale of such food to ensure its 1.35 billion people have enough to eat.

German union's incoming boss warns VW about avoiding unions

HAMBURG, Germany, Nov 13 - The incoming leader of an influential German union warned Volkswagen AG on Wednesday about trying to avoid unions in Tennessee, where the German automaker has an assembly plant.

Basic Materials
Monsanto Co $109.99 +1.36%
Dow Chemical Co $39.60 +0.66%
Freeport-McMoRan Copper & Gold Inc $36.33 +1.20%

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