DuPont Co., the world’s second- largest seed company, completed its purchase of a stake in closely held Pannar Seed Ltd., overcoming an almost three-year delay to gain control of Africa’s largest producer.
DuPont Co. is considering a spinoff or sale of its performance chemicals unit, which makes titanium dioxide pigment and Teflon coatings, to focus on less cyclical products and boost shareholder returns.
The U.S. said China’s new government is moving toward a more market-based and open economy, and the two nations expressed willingness to negotiate an investment treaty binding the world’s biggest growth engines.
DuPont Co. is known for its dominance in chemicals, but since becoming chief executive officer in 2009, Ellen Kullman has pushed the 210-year-old company into unexpected new businesses. Kullman discusses her plans in Bloomberg Businessweek’s Aug. 13 edition.
DuPont Co., the biggest producer of titanium dioxide pigment, is considering whether earnings volatility from the whitening chemical mean the business should be sold, Chief Executive Officer Ellen Kullman said.
Eli Lilly & Co. Chief Executive Officer John Lechleiter said during a panel discussion in Washington that U.S. lawmakers should renew the research-and- development tax credit to make it easier for companies to compete globally. The Oct. 5 event, sponsored by Harvard University and the Business Roundtable and hosted by Bloomberg News in Washington, centered on ways to spur innovation.