US imposes tariffs on Mexican tomatoes
MEXICO CITY, May 07 (Reuters): The United States (US) will impose a 17.5 per cent tariff on Mexican tomato imports starting on Tuesday, as the two countries were unable to renew a 2013 agreement that suspended a US anti-dumping investigation, a Mexican official said on Monday.The US Commerce Department said...
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Gold prices edge higher
BENGALURU, May 07 (Reuters): Gold prices edged higher on Tuesday as investors moved away from riskier assets after US President Donald Trump threatened to hike tariffs on Chinese imports, resurfacing trade tensions and in turn lifting demand for the safe-haven metal.Spot gold was up 0.1 per cent to $1,281.65 per...
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Lufthansa eyes Thomas Cook’s Condor with buyout offer
FRANKFURT AM MAIN, May 07 (AFP): European airline giant Lufthansa said Tuesday it had offered to buy carrier Condor from British parent company Thomas Cook, opening a new chapter in its fast-paced growth through buyouts."We have made a non-binding offer for Condor, with the option of extending it to all...
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Oil dips as US-China trade war intensifies
LONDON, May 07 (Reuters): Oil prices fell on Tuesday as renewed doubts over US-China trade talks stoked jitters over global growth, but losses were tempered by a US military deployment to the Gulf to deter Iran.Brent crude oil futures were at $70.84 per barrel at 0850 GMT, 40 cents or...
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