Iran surprises US, observers with spike in oil exports

Iranian exports of crude oil and condensate have surged to levels near before sanctions, surprising market observers and affording the country an important victory in a US “economic war” on Tehran. Iran exported 1.7 million barrels per day (bpd) of oil in March, the highest since October when shipments fell to 1.08 million bpd, data from shipping sources compiled by S&P Global Platts showed. According to the energy and commodities information provider, Iran’s exports volumes have recovered by 60% since November, “surprising many on the market.” That is because November…

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Trump says US-China trade deal close, but gaps remain

US President Donald Trump says the United States and China were closer to a trade agreement, but warned Beijing that he would not allow trade to continue without a “great deal.” According to Press TV, speaking to reporters at the White House on Thursday at the start of a meeting with Chinese Vice Premier Liu He, Trump said some of the tougher points of a deal had been agreed but there were still differences to be resolved. “We’re getting very close to making a deal. That doesn’t mean a deal is…

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CNG price goes up 4%, PNG prices goes up 7% in Mumbai

The price of compressed natural gas (CNG) has gone up by 4% to ₹51. 57 per kilogrammes (kg) while the price of piped natural gas (PNG) has gone up by 7.2% to ₹31.53/SCM (Slab 1) and by 6% ₹37.13/SCM (Slab 2) respectively with effect from April 4, as the city gas distributor, Mahanagar Gas Limited (MGL) increased the prices. “In view of an increase in MGL’s gas costs due to the recent increase in ‘Domestic Natural Gas (APM) Price’ from $ 3.36 / MMBTU to $ 3.69 /MMBTU, and other costs, MGL…

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Trump may extend China trade deadline, but final deal remains elusive

US President Donald Trump says the United States and China were moving closer toward a trade agreement and that he was inclined to extend his March 1 tariff deadline and meet soon with Chinese President Xi Jinping, but a final deal still remains elusive. US and Chinese negotiators had made progress in their trade talks and will extend this week’s round of negotiations by two days through Sunday, Trump told reporters at the White House on Friday. “I think that we both feel there’s a very good chance a deal…

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Amazon CEO Jeff Bezos says US tabloid newspaper tried to blackmail him

The owner of US tabloid newspaper the National Enquirer pushed back on Friday against accusations of “extortion and blackmail” from Amazon.com Inc Chief Executive Jeff Bezos, saying its reporting on an extramarital relationship involving the world’s richest man was lawful and it would investigate his claims. Bezos on Thursday accused American Media Inc (AMI) of trying to blackmail him with the threat of publishing “intimate photos” he allegedly sent to his girlfriend unless he said in public that the American supermarket tabloid’s reporting on him was not politically motivated. The…

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HÄFELE, INTRODUCES MEISTER SERVICE A service model that offers complete installation of Häfele products.

Häfele, the interiors fittings specialist brand, has always differentiated itself in the Indian market as a complete solution provider that offers innovative, technologically advanced and superior quality products which are ably backed by the highest standards in Customer service. Over the last few years, Häfele has invested heavily in scaling up its service portfolio which now includes deigning services (for kitchens and wardrobes), installation guidance and demonstrations, hardware scheduling and every aspect of the after-sales support. Taking this approach forward, the company is now set to introduce its latest service…

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uLove Massage chair Introduced by OSIM India

Osim India introduces uLove chair, the most pampering and technology fulfilled massage chair. Equipped with three complementing elements to deliver an exceptional experience that tantalizes and satisfies all the senses. This majestic chair will take you to the substantial space and it is unique in its own way, massaging from mind to body, head-to-toe for deeper mental relaxation in just 15 minutes. This beautiful chair has the most innovative massage technology that provides an intelligent and precise massage based on the human body contours. The uLove massage chair’s has elegant, cosy and comfortable seat. The applications can…

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Golestan exports fish food for first time

According to Arash Jeyran, in line with the plans to increase the share of agricultural and fishery exports, domestic producers have embarked on shipping foods for aquatic animals to the international markets. In less than a week, around 250 tons of the nutrients (mainly for the common carp) were exported to Afghanistan and Turkmenistan, he noted. Golestan is one of the main hubs for producing and breeding aquatic animals and seafood, especially shrimp, in the country. The green province enjoys high capacity in shrimp farming. About 80% of the shrimp…

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US Wall Street stocks plunge

Wall Street was back in sell-off mode early Thursday, with the Dow falling two percent amid worries over slowing economic growth that have dented sentiment for most of December. A day after notching its biggest-ever point gain, the Dow Jones Industrial Average lost about 475 points, or 2.1 percent, to 22,404.34 near 1525 GMT. The broad-based S&P 500 slid 2.0 percent to 2,419.47, while the tech-rich Nasdaq Composite Index tumbled 2.2 percent to 6,413.10. Stocks opened lower but fell further after the Conference Board reported that consumer confidence fell sharply…

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