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Sinopec plans to spin off wrong unit

Shareholders in China Petroleum & Chemical Corp, the giant oil refiner known as Sinopec, have little to complain about this year. Thanks to excitement around the planned spinoff of its pipelines and marketing businesses and better margins in a time of weaker crude prices, the shares are up 38 percent this year. After announcing a record half-year profit over the ...

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Dark clouds are brewing over technology sector

Storm clouds are brewing over the global technology industry. A host of hardware companies, including Apple Inc, Samsung Electronics Co, Foxconn Technology Group and Intel Corp are sitting on inventory stockpiles not seen since the financial crisis a decade ago. And it comes amid a possible US-China trade war; likely monetary tightening by the Fed; more expensive growth in China’s ...

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How to realise promise of gene-edited crops

Crispr is coming to the farm. The gene-editing tool, best known for its potential to prevent disease and fight cancer, is now being used to improve corn, wheat, rice, mushrooms and much else. It could lead to hardier, more plentiful crops and tastier, cheaper, more nutritious food. The problem is that Europe and the US are both pursuing flawed approaches ...

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