Gazprom exits German business amid row over pricing
Russian energy giant Gazprom said on Friday it was exiting its business in Germany, amid a row between the two countries over Moscow's insistence on switching payments for Russian gas to roubles from euros, reports Reuters.It was not immediately clear how the move would affect the supply of Russian gas,...
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Gold price slips as yields climb
Gold eased on Friday and headed for a weekly decline as a stronger dollar and higher Treasury yields dented the appeal of zero-yield bullion, while investors also awaited a key US jobs report.Spot gold was down 0.5 per cent at $1,928.06 per ounce by 1102 GMT. US gold futures GCv1...
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Indian rice export rates unchanged
Export prices of rice in India were unchanged this week amid prospects of increased supplies and an appreciation in the rupee, while an increase in stocks weighed on rates in Vietnam, reports Reuters.Top exporter India's 5 per cent broken parboiled variety was quoted at $367 to $370 per tonne this...
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Chicago soybeans fall further
PARIS/BEIJING, April 1 (Reuters): Chicago soybeans fell for a second day on Friday to hit a one-month low after a US Department of Agriculture (USDA) forecast of record US soy acreage pressured the market. Corn was little changed after the previous day's rise as the market weighed the USDA's lower-than-expected...
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