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Gold rises on safe-haven demand, investors await US data

Gold rose on Thursday as geopolitical and economic tensions heightened safe-haven demand, while investors awaited US economic data for clues on the Federal Reserve's monetary policy trajectory, reports Reuters.Spot gold was up 0.4 per cent at $3,751.22 per ounce, as of 1155 GMT, after hitting a record high of $3,790.82...

St. Martin reopens to tourists on Nov 1: Tourism Secretary

The government will reopen St. Martin's Island to tourists for four months starting from 1 November on a limited scale, Tourism Secretary Nasreen Jahan said on Thursday, reports UNB.The reopening is being planned in coordination with the Ministry of Environment, Forest and Climate Change to ensure environmental protection of the...

Oil pulls back from seven-week high

LONDON, Sept 25 (Reuters): Oil prices edged down on Thursday, retreating from the previous session's seven-week high, as some investors took profits after US stocks closed lower and in anticipation of slower winter demand as well as the return of Kurdish supplies.Brent futures were down 43 cents, or 0.6 per...

Airport runway close calls spur hopes for wider adoption of cockpit alert technology

KANSAS CITY, Missouri, Sept 25 (Reuters): As a Boeing 757 aircraft prepared to land, an audio alert started blaring in the cockpit: "Traffic on runway! Traffic on runway!" Seconds later, the same warning popped up on the navigation display.It prompted the pilot to abort the landing to avoid a possible...

China signals that purchases of US soybeans hinge on tariff removal

BEIJING, Sept 25 (Reuters): The United States should remove what China described as unreasonable tariffs and create conditions to expand bilateral trade, a Chinese commerce ministry spokesperson said on Thursday when asked if China would purchase US soybeans.China, the world's biggest buyer of soybeans, has yet to book any US...

BP postpones oil demand peak prediction to 2030 from 2025

LONDON, Sept 25 (Reuters): BP said on Thursday it expects global oil demand to grow until 2030, five years later than its forecast a year ago, stressing slowed efforts to increase energy efficiency.The oil major's latest Energy Outlook, an annual study of energy trends through 2050, models two scenarios.The "Current...