Oil wipes out gains on fading hopes for output limit

    BSS Oil prices turned lower in late trade Friday as hopes fizzled for a fix in the global oversupply that could support prices. Prices had jumped Thursday after Venezuela raised expectations that it and other major producers would meet in March to try to find ways to stabilize the market. The US benchmark West Texas…

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      Onion farming exceeds target in Rangpur region

      BSS The farmers have exceeded the fixed farming target of onion by 3.11 per cent so far predicting bumper production in Rangpur agriculture region this season, official sources said. After completing sowing of onion seed, the enthusiastic farmers have still been continuing transplantation of its seedling at places to further exceed the fixed farming target…

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        G20 nations pledge all tools to lift growth: report

        BSS The world’s 20 top economies will agree to use all policy tools to lift sluggish global growth, according to a draft communique obtained by Bloomberg News on Saturday, despite German disquiet over fiscal and monetary stimulus. The G20 finance ministers and central bank chiefs meeting in Shanghai agreed to use those methods, as well…

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          Yoko Ono hospitalized with flu-like symptoms: reports

              BSS   Yoko Ono, the Japanese-born singer, artist and widow of John Lennon, was hospitalized Friday in New York with flu-like symptoms, US media reported. The 83-year-old went to the hospital on her doctor’s recommendation, with what appeared to be “just an advanced case of the flu,” her spokesman Elliot Mintz said, according…

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            Infantino pledges new era after winning FIFA vote

            BSS Gianni Infantino on Friday won FIFA’s presidential election and vowed to lead the scandal-tainted body into a new era as he faced immediate calls to ensure genuine reform. The 45-year-old UEFA general secretary scored a convincing victory in the battle to replace the disgraced Sepp Blatter, whose 18-year reign ended with FIFA mired in…

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              Asia puts brave face on Salman defeat

              BSS Asian football leaders put a brave face on AFC boss Sheikh Salman bin Ebrahim Al Khalifa’s FIFA presidential defeat on Saturday and pledged to work with the world body’s new head Gianni Infantino. Asian Football Confederation (AFC) head Sheikh Salman, gunning to become FIFA’s first Asian leader, had been the pre-poll favourite but he…

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                Tomic reaches Acapulco tennis final

                BSS Australia’s Bernard Tomic qualified for his fifth ATP Tour final by defeating Alexandr Dolgopolov 1-6, 6-4, 6-3 in the semi-finals of the Mexico Open on Friday. The fifth seeded Tomic posted his first win over Dolgopolov since the 2012 Australian Open. “I am very happy to be in the final now,” Tomic said. “He…

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                  United Technologies says $90 bn Honeywell bid too low

                  BSS United Technologies chief executive Gregory Hayes said Friday that Honeywell’s recent $90 billion offer for the industrial group “grossly undervalues” the company. Hayes reiterated his rejection of the last week’s bid after Honeywell revealed the details publicly for the first time on Friday, including the price it had proposed. Honeywell offered the equivalent of…

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                    Samsung wins US appeal in Apple patent case

                    BSS A US appeals court on Friday handed Samsung a win over Apple in a long-running patent fight, overriding a jury verdict ordering it to pay $119.6 million to the iPhone maker. The court ruled that two Apple patents at issue were not valid, according to a copy of the decision posted online. “We are…

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