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Farmers eye bumper Haribhanga mango output in Rangpur

RANGPUR, May 04 (BSS): Local farmers and officials of the Department of Agriculture Extension (DAE) are expecting a bumper output of the highly tasty and fibreless local variety Haribhanga mango in the district this season."Tender Haribhanga mangoes are growing fabulously amid favourable climatic condition and frequent rainfalls. All these predict...

European airlines seek bigger piece of Latin American pie

FORTALEZA, Brazil, May 4 (AFP): Air France-KLM's inauguration Thursday of a flight to a little developed corner of Brazil highlights European airlines' attempt to bring the continents together, catching up with far more dominant routes between South and North America.Latin America is a fast-expanding destination, seeing 9.3 per cent growth...

Germany’s Allianz to stop insuring coal biz

FRANKFURT AM MAIN, May 4 (AFP): German insurance giant Allianz said Friday it would stop insuring coal-fired power plants and mines extracting the fuel, adding that it aims to divest from the sector completely by 2040."We want to promote the transition to a climate-friendly economy," said chief executive Oliver Baete,...

Oil steady as US decision on Iran sanctions looms

LONDON, May 04 (Reuters): Oil prices steadied on Friday, consolidating after recent gains, as global supplies remained tight and the market awaited news from Washington on possible new US sanctions against Iran.Brent crude oil was down 30 cents at $73.32 a barrel by 0900 GMT. The benchmark contract hit a...

China vows to open up more futures mkts as iron ore goes international

DALIAN/MANILA, May 04 (Reuters): China plans to open more of its futures contracts to foreign investors, a senior official said on Friday, as Beijing launched its "internationalised" iron ore contract, part of a bid to boost its sway over pricing of major commodity imports.Global merchants Glencore and Trafigura were among...

Gold extends gain as dollar slips

BENGALURU, May 04 (Reuters): Gold prices rose for a third straight session on Friday as the dollar slipped further from 2018 highs, while investors turned their focus to the upcoming US jobs data for fresh catalysts.Spot gold had risen by 0.2 per cent to $1,313.46 per ounce by 0405 GMT,...