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  • NEW DELHI, March 25- Jet Airways' Chairman Naresh Goyal and his wife will step down from the airline's board, Indian television news channels reported on Monday, as the cash-strapped Indian carrier closes in on a rescue deal led by state-run banks. Goyal's stake will be cut to 25.5 percent from the current 51 percent, while Etihad Airways' stake in the debt-laden...

  • MOSCOW, March 25- A senior Russian lawmaker said on Monday it was unlikely there would be a sudden change in relations with Washington after the conclusion of a U.S. investigation into collusion between Donald Trump and Russia in the 2016 presidential election, RIA news agency reported.

  • DUBAI/ HAMBURG, March 25- Egypt, the world's largest wheat importer, will go back to paying its grain suppliers within 180 days instead of immediately, a government source and traders said on Monday. Egypt's state grain buyer GASC had said in January it would start immediate on-sight payment after obtaining financing from Islamic Trade Finance Corp for its...

  • LONDON, March 25- Sterling fell on Monday as pressure grew on Prime Minister Theresa May to give a date for leaving office ahead of parliamentary votes on Brexit. The EU has said Britain can have a short delay to Brexit but May must first win parliamentary approval for her withdrawal deal from the bloc. The delay has not helped the pound much with the currency...

  • ALMATY, March 25- A fire has broken out at the onshore Kalamkas oilfield in Kazakhstan's western Mangistau province, the country's emergencies committee said on Monday. MangistauMunaiGas, the company which operates the field and is owned by Kazakh state energy firm KazMunayGaz and China's CNPC, could not be reached for comment. MMG produced 6.4 million tonnes...

  • PARIS, March 25- Agricultural commodity merchant Louis Dreyfus Company reported higher annual profits as it managed to capitalise on trading opportunities created by a U.S.-Chinese trade dispute, giving a boost to its oilseed business. Group net profit reached $355 million in 2018, up 12 percent from a year ago, while segment operating results increased to...

  • ADDIS ABABA/ SINGAPORE March 25- Boeing Co will brief more than 200 global airline pilots, technical leaders and regulators this week on software and training updates for its 737 MAX aircraft, as Ethiopian Airlines expressed confidence in the planemaker despite a recent crash. "Despite the tragedy, Boeing and Ethiopian Airlines will continue to be linked well...

  • ADDIS ABABA, March 25- Ethiopian Airlines will work with investigators in Ethiopia, the United States and elsewhere "to figure out what went wrong with flight 302", the airline's CEO Tewolde Gebremariam said on Monday. "Despite the tragedy, Boeing and Ethiopian Airlines will continue to be linked well into the future," he said. Boeing's 737 MAX fleet has been grounded...

  • *Yen holds near six-week highs vs dollar on safety bid. March 25- The yen held near six-week highs against the dollar on Monday as fears of economic recession, fanned by inversion of the U.S. bond yield curve, sapped demand for higher-yield, growth reliant assets and drove investors toward "safe" destinations. The yen traded as high as 109.70 against the greenback but...

  • ADDIS ABABA, March 25- Ethiopian Airlines won't attend a meeting in the United States called by planemaker Boeing to tell aviation leaders about a planned update to software that is a focus of investigation in two deadly crashes, an airline spokesman told Reuters on Monday. "We have no immediate plans to attend so far," spokesman Asrat Begashaw told Reuters by...

  • March 25- European shares opened deep in the red on Monday, adding to the worst weekly fall of the year last week after disappointing economic data in Europe and the United States stoked fears of recession. Investors are also dealing with the uncertainty surrounding the United Kingdom's exit from the European Union, with the risk of a potentially major "no-deal"...

  • *HK-> Shanghai Connect daily quota used -14 pct, Shanghai-> HK daily quota used 5.8 pct. SHANGHAI, March 25- Hong Kong stocks posted their worst day in nearly three months on Monday, tracking a global selloff, as investors fled equities on growing fears about a U.S. recession, and on caution ahead of fresh U.S.- China trade talks. **United States Trade Representative Robert...

  • HONG KONG/ BEIJING, March 25- Chinese tech giants are in the hunt for young, energetic staff to take the place, in some cases, of veteran managers. Explicit age discrimination is illegal in many countries, though not in China. "Let some older members of management retire from their positions," Tencent Holdings President Martin Lau said.

  • HONG KONG, March 25- Chicago Federal Reserve Bank President Charles Evans said on Monday it was understandable for markets to be nervous when the yield curve flattened, though he was still confident about the U.S. economic growth outlook. In what many see as a bad omen for the economy, yields on benchmark U.S. 10- year treasury notes fell further below three-month...

  • ADDIS ABABA, March 25- Ethiopian Airlines CEO Tewolde Gebremariam said on Monday the airline would work with investigators in Ethiopia, the United States and elsewhere "to figure out what went wrong with flight 302.".

  • A 22- month long investigation led by Special Counsel Robert Mueller ended with a finding that no one in President Donald Trump's campaign "conspired or coordinated with the Russian government" in the 2016 election, a report showed on Sunday. The news dominated Russian media on Monday, raising hopes that Washington could refrain from slapping more sanctions...

  • SOUTH AFRICA'S NASPERS CEO SAYS LISTING OF E-COMMERCE VENTURES ON EURONEXT WILL NOT HAPPEN BEFORE SECOND HALF OF 2019.

  • ETHIOPIAN AIRLINES CEO SAYS FULLY SUPPORTS GROUNDING OF BOEING 737 MAX ADDING' UNTIL WE HAVE ANSWERS, PUTTING ONE MORE LIFE AT RISK IS TOO MUCH'.

  • ETHIOPIAN AIRLINES CEO SAYS PILOTS WHO FLEW THE BOEING 737 MAX' WERE TRAINED ON ALL APPROPRIATE SIMULATORS'.

  • *OPEC, Russia crude output: https://tmsnrt.rs/2CHr95d. SINGAPORE, March 25- Oil prices slipped on Monday, with concerns of a sharp economic slowdown outweighing supply disruptions from OPEC's production cutbacks and from U.S. sanctions on Iran and Venezuela. Brent crude oil futures were at $66.73 per barrel at 0752 GMT, down 30 cents, or 0.5 percent, from their...