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EU vessels to cease fishing in Senegal after accord expires
EU vessels to cease fishing in Senegal after accord expires
Business and Economy
by  AFP

European fishing vessels will imminently cease activities in Senegalese waters after the non-renewal of an agreement between Brussels and Dakar, EU ambassador Jean-Marc Pisani said Tuesday. Pisani said the agreement would not be renewed for the time being after the European Commission notified the Senegalese government in May of "shortcomings" regarding illegal, unreported and unregulated fishing.

Bayer shares hit 20-yr low as problems pile up
Bayer shares hit 20-yr low as problems pile up
Business and Economy
by  AFP

Bayer's shares plunged to a 20-year low Tuesday after the German chemicals giant cut its earnings outlook and posted a worse-than-expected loss on woes related to its troubled agrochemicals division. It also cut the outlook for profit margins in the agrochemicals division.

C.Africa urges lifting of embargo on diamond exports
C.Africa urges lifting of embargo on diamond exports
Business and Economy
by  AFP

The Central African Republic (CAR) sought Tuesday to convince the regulatory body for global diamond trading to lift all restrictions against it, ending an export embargo in place for more than a decade. The Kimberley Process (KP) regulatory body opened its plenary assembly in Dubai on Tuesday under the presidency of the United Arab Emirates.

Court challenge begins against UK oil and gas field approvals
Court challenge begins against UK oil and gas field approvals
Business and Economy
by  AFP

Two environmental groups kicked off a legal challenge in Scotland on Tuesday to block the Rosebank and Jackdaw oil and gas fields in the North Sea, with activists optimistic of success. Regulatory approval for drilling at the Rosebank oil field, 145 kilometres (90 miles) off the Shetland Islands in Scotland's far north, was granted last year.