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China targets frozen food imports over virus fears

BEIJING, Nov 18 (AFP): Chinese health officials said Wednesday that two cold-chain storage workers in the port city of Tianjin were infected with Covid-19, as the country shifts focus to contaminated imports after a number of outbreaks linked to frozen food.Workers in hazmat suits were painstakingly screening food shipments across...

UK airline EasyJet dives into historic loss on virus

LONDON, Nov 17 (AFP): EasyJet on Tuesday posted the first annual pre-tax loss in its 25-year history, prompting it to seek more government help as the coronavirus pandemic hammers air travel.The British no-frills carrier suffered a pre-tax loss of £1.27 billion ($1.7 billion, 1.4 billion euros) in its reporting year...

Oil rises on hopes for delay in OPEC+ supply increase

TOKYO, Nov 18 (Reuters): Oil prices edged higher on Wednesday as hopes that OPEC and its allies will delay a planned rise in oil output offset demand fears stoked by a bigger-than-expected build in US crude stocks and weaker US retail sales.Brent crude futures for January LCOc1 rose 22 cents,...

Gold slips on Pfizer boost to risk appetite

BENGALURU, Nov 18 (Reuters): Gold slipped on Wednesday on more positive developments on Pfizer's race for a COVID-19 vaccine, accelerating a move into riskier assets again.Spot gold was down 0.3 per cent to $1,872.71 per ounce by 1321 GMT, while US gold futures fell 0.7 per cent to $1,872.10.US drugmaker...

The workshop on

The workshop on "the role of Institute of Food Science Technology (IFST) in Safe and Nutritious Food Industry" was held at the IFST auditorium of Bangladesh Council of Scientific and Industry Research (BCSIR) on Wednesday. Chairman of the Council Professor Dr. Md Aftab Ali Sheikh was present as the chief...

Global luxury goods sales set for largest ever fall in Bain forecast

MILAN, Nov 18 (Reuters): Sales of luxury goods worldwide are set to fall by 23 per cent to 217 billion euros ($258 billion) this year, their largest ever drop and first since 2009, due to the fallout from the coronavirus pandemic, consultancy Bain said on Wednesday.The expected decline, despite a...

New US license gives Chevron until June 3

WASHINGTON, Nov 18 (Reuters): The US Treasury Department on Tuesday issued a new license to Chevron Corp, the last major US oil company still operating in Venezuela, giving it until June 3 to wind down its joint ventures in the OPEC member nation.The United States last year imposed sanctions barring...