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US-China trade spat worries Chinese exporters: Survey

GUANGZHOU, China, Apr 17 (Reuters): As Washington and Beijing face off in a simmering trade dispute, Chinese exporters are expressing concerns about an escalation, although many say they expect the worst to be averted as negotiations continue.In a survey of 135 Chinese exporters, including 84 from the Canton Trade Fair,...

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Daraz sales rise 6.0pc on Baishakhi fest

Bangladesh's e-commerce platform Daraz celebrated the 'Baishakhi mela' for the third time. The 16-day 'Baishakhi mela' started on March 30 and ended on April 14, says a press release. During the campaign, sales increased by 6.0 per cent compared to usual days. There were various lucrative offers for this campaign...

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Japan traders ask Rusal to stop shipping aluminium

TOKYO, Apr 17 (Reuters): Major Japanese trading houses have asked Russia's United Company Rusal to stop shipping refined aluminium and other products in light of US sanctions on the world's No.2 producer and are scrambling to secure metal elsewhere, industry sources said.The United States (US) imposed major sanctions on April...

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Lufthansa top bidder of Alitalia Airlines

MILAN, Apr 17 (AFP): Lufthansa emerged as the number one candidate to take over Alitalia on Monday after an Italian government minister called the German airline's bid the "most promising".The Italian government has been looking for new investors in its struggling flagship airline since it entered insolvency proceedings last year,...

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News in Brief-(18-04-2018)

Gold dips as sharper risk appetite lifts equitiesBENGALURU, Apr 17: Gold fell on Tuesday as sharper appetite for risk benefited cyclical assets at bullion's expense, though losses were capped by the dollar's slip to three-week low against a basket of currencies. Gold rallied to a 2-1/2 month high last week...

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