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Saudi Arabia optimistic on continued commitment to OPEC+ supply cut

Mohammed Barkindo BAKU, Mar 17 (Reuters): Saudi Arabia's energy minister said on Sunday he was optimistic about continued commitment to the oil supply cut agreement between OPEC and non-OPEC members."I am obviously optimistic that implementation of our OPEC+ agreement will improve, it's already strong by historical standards," Khalid al-Falih said...

Air India to turn financially attractive before divestment

NEW DELHI, Mar 17 (NDTV): More investments with strict riders have been planned to make Air India financially attractive before starting any new round of divestment, Union Minister Suresh Prabhu has said.As per the plan, Air India would be allowed to induct more aircraft to grow its market share, while...

Chattogram City Mayor A J M Nasir Uddin cutting a cake

Chattogram City Mayor A J M Nasir Uddin cutting a cake marking the birth anniversary of Bangabandhu Sheikh Mujibur Rahman and National Children’s Day on the concluding day of REHAB fair at a hotel in the port city on Sunday

US seizes 1.0m pounds of pork from China on swine concerns

BEIJING, Mar 17 (Reuters): US border agents have seized around 1.0 million pounds of pork from China, a spokesman for the agency said on Friday, over suspicions that it might contain African swine flu disease which has hit Chinese pork output.Federal agents have seized the supplies over the past week...

Brazil import quota for US wheat could come with Bolsonaro visit

BRASILIA, Mar 17 (Reuters): Brazil is considering granting an import quota of 750,000 tonnes of US wheat per year without tariffs in exchange for other trade concessions, according to a Brazilian official with knowledge of the negotiations ahead of President Jair Bolsonaro's visit to Washington.That is about 10 per cent...

Trump urges General Motors in tweet to reopen Ohio plant

WASHINGTON, Mar 17 (Reuters): US President Donald Trump urged General Motors Co to reopen Ohio plant in a tweet on Saturday, ten days after the plant made its last Chevrolet Cruze.The last Cruze rolled off the assembly line a week ago Wednesday at GM's plant in Lordstown, Ohio, the first...

M&S plans big store shift towards weekly food shop

Marks and Spencer is planning a big shift towards food at its stores, the retailer has said, reports BBC.It said it wanted to target the weekly family shop by having more stores that offer its full range of food.At the moment, only around 12 of its stores offer all 6,500...

Coca-Cola reveals it uses 3.0m tonnes of plastic in a year

LONDON, Mar 17 (BBC): For the first time, Coca-Cola has revealed it used three million tonnes of plastic packaging in one year.It's part of a report by the Ellen MacArthur Foundation which is pushing for companies and governments to do more to tackle plastic pollution.In total, 150 companies are pledging...