Archive of 15 May 2018

US imposes sanctions on Iran’s central bank chief, others

WASHINGTON: The United States on Tuesday imposed sanctions on Iran's central bank chief, three other individuals and an Iraq-based bank under programs meant to target...

Benchmark yield hits 7-year high after bump in April retail sales

NEW YORK: The yield on the US 10-year Treasury note surged on Tuesday to its highest level since July 2011 after data showed retail sales...

Oil steadies boosted by Iran fears, capped by China data

NEW YORK: Oil prices retreated below multi-year highs hit early in the day on Tuesday, supported by concerns that US sanctions on Iran that are...

Nestle to cut more sugar and salt in its products

VEVEY: Nestle will make further cuts to the amount of sugar, salt and saturated fats in its products as it tries to improve the image...

South African rand falls as rising US bond yields lift dollar

JOHANNESBURG: South Africa's rand fell more than two percent against the dollar on Tuesday, hurt by a greenback which drew strength from rising US bond...

US wheat futures fall as crops improve; soy weak; corn firm

CHICAGO: US wheat futures fell on Tuesday, extending a losing streak that pushed prices for hard red winter wheat contracts to a three-week low amid...

Iran says not optimistic on Iran-EU nuclear talks

BRUSSELS: Iran's nuclear chief said on Tuesday he was not optimistic on talks with European signatories to save the 2015 nuclear deal with major powers,...

Close
Close