Biotechnology giant Monsanto is scrapping plans to win approval to grow new types of genetically modified crops in the European Union. It says the move is due to the lack of prospects for cultivation in the EU... It comes just days after the EU began talks with the US on a wide-ranging trade deal, with agriculture likely to be one of the toughest issues. The company said it would now concentrate on growing its conventional seeds business in Europe. It will also look to get EU approval to import its genetically modified crop varieties from the US and South America...