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Merkel doesn't rule out sanctions on Russian gas pipeline

BERLIN, Sept 07 (Reuters): Chancellor Angela Merkel does not rule out the possibility of sanctioning a pipeline set to bring Russian gas to Germany in response to the suspected poisoning of a Kremlin critic with a Soviet-style nerve agent, her chief spokesman said on Monday."The chancellor shares the remarks made...

Cheap seats give Chinese airlines a much-needed passenger bounce

SYDNEY, Sept 07 (Reuters): Looking to travel from Beijing to Hangzhou in eastern China? A flight can be had for as low as 180 yuan ($26) - one of a slew of deals fuelling a robust recovery in Chinese passenger levels and which could provide a model for a beleaguered...

IEA sees oil mkt stuck between no major slowdown

LONDON, Sept 07 (Agencies): The global economy is likely not headed for any major slowdown due to Covid-19 but piled-up storage and uncertainty over China's oil demand cloud oil markets' recovery, an official with International Energy Agency (IEA) said.Keisuke Sadamori, IEA director for energy markets and security, said the outlook...

Gold prices move higher after 3-day fall

NEW DELHI, Sept 07 (Livemint): Gold prices in India snapped a three-day losing streak when they edged higher on Monday.On MCX, October gold futures rose 0.25 per cent to 50,805 per 10 gram while silver futures jumped 1.3 per cent to 68,120 per kg. In the previous session, gold prices...

China Aug meat imports fall

BEIJING, Sept 07 (Reuters): China imported 832,000 tonnes of meat in August, customs data showed on Monday, down almost 17 per cent from last month, although imports remain high as Beijing tries to plug a shortfall in domestic pork production.Meat imports in July had reached 998,000 tonnes, but shipments had...

BPCL plans to offer 2.0pc stake to employees through ESOPs

NEW DELHI, Sept 07 (Indian Express): The board of directors of Bharat Petroleum Corporation Ltd (BPCL) decided to offer 2.0 per cent stake in the company to employees through Employee Stock Options (ESOPs), pending approval by shareholders in the company's annual general meeting.According to sources, all employees of BPCL who...