Archive for  September 2019
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US soyabean futures rose on Thursday on hopes for further Chinese purchases, while technical selling pushed down corn futures. China, the world's largest soyabean importer, will buy about 6 million tonnes of soya from the
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Gold prices rose on Thursday after a nearly 2% slide in the previous session triggered buying interest for the safe-haven metal, although a strengthening US dollar capped gains. Spot gold was up 0.3% at $1,507.87
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A UK court on Thursday ordered the Nigerian government to pay $200 million pending its appeal against the $9.6 billion awarded to a tiny offshore firm involved in a failed gas deal. The high-stakes dispute
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IAG, the owner of British Airways, said Thursday it was cutting annual profits guidance after taking a hit of 137 million euros from BA pilots carrying out historic strikes. IAG "expects its 2019 operating profit
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Beijing voiced "strong dissatisfaction" on Thursday after the United States announced sanctions on Chinese companies for buying Iranian oil. China, which is embroiled in a trade war as well as myriad other disputes with Washington,
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The United States and China have pledged "full cooperation" to fight fentanyl trafficking, a powerful opioid that has killed tens of thousands of Americans, the US "drug czar" said Thursday. US President Donald Trump accused
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The founder of embattled tech giant Huawei said Thursday that the firm's financing from western banks was not "very smooth", but insisted the group would resume growth in 2022 despite biting US sanctions. Amid a
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Zimbabwe's annual inflation rate soared to nearly 300 percent in August spurred mainly by a collapsing currency, the International Monetary Fund (IMF) said Thursday after a mission to the crisis-weary country. In a statement, the
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The head of the Libra Association, created by Facebook to launch its new cryptocurrency, said Thursday the project's leaders would aim to "reassure" regulators who have voiced mounting concern over the virtual money. Bertrand Perez,
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The Bank of International Settlements said Thursday it had launched a fund to enable central banks around the world to invest in "green bonds", citing a growing demand for climate-friendly investments. The Basel-based BIS, considered
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