GFM Network News


Dow’s ledger benefits as economic growth boosts demand

Reuters — Dow Chemical, which is merging with DuPont, reported strong fourth-quarter results and gave an upbeat forecast for the current quarter as its focus on consumer markets benefits from improving economic growth worldwide. The seeds and chemical maker said improving growth in the United States, Latin American and Europe, besides steady Asia growth, would […] Read more

DuPont says Dow merger may get delayed

Reuters — DuPont raised its full-year adjusted profit forecast as it cuts costs ahead of its merger with Dow Chemical, but said the deal may not close by the end of this year as planned. Shares of DuPont, which reported a higher-than-expected quarterly profit on lower expenses and higher sales volumes, were marginally lower at […] Read more


CPP, Saudi firm are lead players in bid for Glencore

Bengaluru/Reuters – Canada Pension Plan Investment Board and state-owned Saudi Agricultural and Livestock Investment Co are among the lead bidders for a minority stake in the agriculture unit of Glencore Plc, Bloomberg reported on Friday. The firms are presenting final bids for the unit this month and Glencore is open to selling stakes to more […] Read more