EU unveils new proposals to resolve banana dispute
The European Union's executive body, admitting that months of efforts to settle a trade row over bananas had hit a dead end, put forward new proposals to try to achieve a breakthrough.

Russian firm may join hands with Gail for Iran-India gas pipeline
Russian state-owned oil company Gazprom is likely to join hands with Gas Authority of India Ltd (Gail) in laying the Iran-India deepwater gas pipeline at a cost of $3 billion.

Japan's platinum demand set to fall due to volatile prices
Volatility on platinum markets in the latter half of this year could hinder growth in demand for white-metal jewellery in Japan, the world's biggest consumer of platinum, an industry official said.


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