Oil edges lower as Libya output undermines 2018 rally
LONDON, Jan 22 (Reuters): Oil slipped on Monday under pressure from rising Libyan output and concerns that a rally that had sent prices to their highest since December 2014 had run out of steam.But losses were limited by comments from top exporter Saudi Arabia that OPEC and other producers would...
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Malaysia ministry to approach WTO on EU move to limit palm oil use
KUALA LUMPUR, Jan 22 (Reuters): Malaysia, the world's second-largest palm producer, said on Monday it would work with other producing countries to voice "strong concerns" to the World Trade Organisation, following the European Union's move to back a ban on using palm oil to make biofuels.European lawmakers approved draft measures...
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DHL transports panda couple from China to Finland
SHANGHAI, China, Jan 22: DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, has moved two giant pandas from Chengdu, China to Ahtari, Finland via climate neutral transportation -- the carbon emissions for the flight are offset through a climate protection project, according to Media...
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Chinese steel futures extend gains on restocking
SHANGHAI, Jan 22 (Reuters): Chinese steel futures rose for a fifth session on Monday as some traders were restocking ahead of the Lunar New Year holiday next month, helping drive up prices for raw materials.The most active rebar on the Shanghai Futures Exchange had gained 1.5 per cent to 3,941...
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