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Oil prices hold ground after OPEC lowers demand outlook

Oil prices steadied on Tuesday, recovering from a 5 per cent drop over the previous two sessions, as investors absorbed OPEC's latest downward revision for oil demand and market's disappointment over China's latest stimulus plan, reports Reuters.Brent crude futures rose 50 cents, or 0.70 per cent, to $72.33 a barrel,...

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JANATA BANK FOUNDATION COURSE BEGINS _

Janata Bank Staff College, Dhaka organised a 30-day 'Foundation Course for Officers' that began on Monday. Managing Director of Janata Bank PLC Mazibur Rahman inaugurated the course. Some 50 officers of the bank are taking part in the course.

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SHIPPERS' COUNCIL BOARD MEETING HELD-

The fifth meeting of the Board of Directors of Shippers' Council of Bangladesh (SCB) was held on Tuesday at its office at Dhanmondi in Dhaka, with its Chairman Md. Rezaul Karim in the chair. The meeting approved the minutes of the previous meeting, one month's accounts statement and Audit Report...

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INTERNATIONAL ACCOUNTING DAY CELEBRATED

Dhaka Regional Committee of the Institute of Chartered Accountants of Bangladesh (DRC-ICAB) and the Bangladesh Chartered Accountancy Chhatra Parishad (BCACP) celebrated the International Accounting Day on November 10. On the occasion, a quiz contest was held for the students of CA firms following a discussion at the ICAB auditorium. ICAB...

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Airbus defends free trade

ZHUHAI, China, Nov 12 (Reuters): European planemaker Airbus defended free trade on Tuesday as the aerospace industry faces a growing cluster of economic tensions.The CEO of the planemaker's China operations said Airbus was "very much pro free trade" and its presence there was a showcase of good cooperation between Beijing...

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Gold drops 1pc to two-month low as US dollar marches higher

Gold prices dipped 1 per cent to their lowest levels in nearly two months on Tuesday as the US dollar soared ahead of economic data and comments from Federal Reserve officials that could shed light on the interest-rate path under the Trump administration, reports Reuters.Spot gold was down 0.6 per...

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Boeing reaches settlement to avert civil trial in MAX crash

NEW YORK, Nov 12 (AFP): Beleaguered aviation giant Boeing reached a last-minute settlement Monday with the family of a woman killed in the crash of a 737 MAX jetliner in 2019, averting a federal civil trial.Three sources close to the case told AFP that a settlement had been agreed upon...

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