Raw sugar sees biggest weekly gain this year

NEW YORK, May 26 (Reuters): ICE raw sugar edged higher in mixed trade on Friday, ending the week up nearly 7 per cent as investors continued to cover a bearish stance amid persistent concerns over a trucker strike in Brazil.Cocoa futures and arabica coffee both retreated.New York and London softs...

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US Iran sanctions take aim at airlines

WASHINGTON, May 26 (AFP): The US ramped up sanctions on Iran Thursday, targeting several airlines it said were linked to the country's Islamic Revolutionary Guard Corps (IRGC).The US Treasury placed on its blacklist nine individuals and entities in Iran and Turkey for obtaining aircraft parts, including restricted US-made parts, and...

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