Friday 30 January 2015
 
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Etihad announces changes in US flight schedule

Etihad Airways, the flag carrier of UAE, has announced a number of schedule changes to the airline’s flights between its Abu Dhabi hub and Chicago, New York and Toronto (US), starting on March 29. The move will provide convenient

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US gasoline prices hit April 2009 low

The average price of a gallon of gasoline in the US fell 13.3 cents in the past two weeks, falling to its lowest level since late April 2009, but the end of a months-long slide may be near, according to the Lundberg survey released Sunday.

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US counter-terror ops 'paralyzed' in Yemen

The United States has halted some counter-terrorism operations against Al Qaeda militants in Yemen following a takeover of the country by Iran-backed Houthi rebels, US officials said on Friday. The collapse of the US-backed govern

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First Satorp diesel cargoes to US will land this week

The first US-bound cargoes of diesel from Saudi Arabia's 400,000 barrel per day Satorp refinery will land in New York early this week, traders said.   The cargoes of 10 p

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Majority of US school students poor enough for lunch aid

The share of public school students who qualify for free or reduced lunch in the United States has grown to 51 per cent, in an indication of growing poverty, according to a report released on Friday. The problem is most acute in M

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US setback as consumer prices post big decline

US consumer prices recorded their biggest decline in six years in December and a gauge of underlying inflation failed to rise, which could make the Federal Reserve more cautious about raising interest rates. Other data yesterday,

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Opec to see market share drop

The collapse in oil prices is starting to slow growth in US output, the Organisation of the Petroleum Exporting Countries (Opec) said on Thursday, although the slowdown will not prevent demand for the exporter group's oil falling in 2015 to

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Gold climbs on weaker dollar, oil

Gold rose on Monday to its highest level in a month because of weakness in the dollar and a further decline in oil prices which sparked safe-haven bids for the precious metal. The dollar dipped after an unexpected fall in US wages

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US oil tanks beckon crude contango play

The US oil storage trade is back - and may be bigger than ever as traders are scrambling to cash in on the return of a market structure known as 'contango,' by securing storage that could yield an almost guaranteed return of 8 per cent o

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US oil tanks beckon crude contango play

The US oil storage trade is back - and may be bigger than ever as traders are scrambling to cash in on the return of a market structure known as 'contango,' by securing storage that could yield an almost guaranteed return of 8 per cent o

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