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Oil drops below $60 as China virus drives demand concern

DUBAI, Jan 27 (Reuters): A Reuters report adds: Crude prices extended declines on Monday, dropping below $60 for the first time in nearly three months as the death toll from China's coronavirus rose and more businesses were forced to shut down, stoking expectations of slowing oil demand.Brent crude LCOc1 fell...

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Dr Abul Kalam Azad (left) speaking at an inaugural function

Bangladesh Agricultural Research Institute (BARI) Director General Dr Abul Kalam Azad (left) speaking at an inaugural function of the mural of Father of the Nation Bangabandhu Sheikh Mujibur Rahman on the premises of BARI on Monday. Agriculture Minister Dr Muhammad Abdur Razzaque inaugurated the mural through video conference as chief...

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New Delhi to sell full stake in debt-ridden Air India

MUMBAI, Jan 27 (Arab News): New Delhi intends to sell its entire stake in the debt-crippled national carrier Air India, the government announced Monday, after failing previously to secure any bids for a majority share.The airline, which owes more than $8.0 billion, has been struggling to pay salaries and buy...

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Bitcoin, Gold prices rise

CALIFORNIA, Jan 27 (Reuters): Gold and Bitcoin prices are turning bullish as China struggles to contain the Coronavirus. Patients of the epidemic have been reported across 15 countries including South Korea, California in the US, Thailand, Pakistan and so on. The condition is strongly affecting global trade as countries all...

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Qatar not keen to renegotiate LNG contracts with India

NEW DELHI, Jan 27 (Reuters): Qatar is not willing to renegotiate prices under its long-term liquefied natural gas (LNG) contracts with India, the Middle Eastern nation's energy minister said on Monday.Qatar is, however, willing to supply more volumes of LNG to India, said Saad Sherida al-Kaabi, who is in India...

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