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Search date: 01-01-2022 Return to current date: Click here

Oil heads for biggest annual gain

LONDON, Dec 31 (Reuters): Oil prices fell on Friday but were set to post their biggest annual gains since at least 2016, spurred by the global economic recovery from the COVID-19 slump and producer restraint, even as infections surged to record highs around the world.Brent crude futures fell 93 cents,...

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Kushtia bidi workers press for five-pt demand

Bidi workers and tobacco farmers formed a human chain in front of the Deputy Commissioner's office in Kushtia on Wednesday to press home their five-point demand, says a press release.Their demands include introducing six-day work week, reducing tax on bidi, withdrawal of 10 per cent advance income tax on the...

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US airline group seeks 5G wireless deployment delay near airports

A US trade group representing major passenger and cargo airlines asked the Federal Communications Commission (FCC) on Thursday to halt deployment of new 5G wireless service around many airports, warning thousands of flights could be disrupted, reports Reuters.AT&T and Verizon Communications are set on Jan. 5 to deploy C-Band spectrum...

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Gold eyes first fall in three years

Gold was heading for its first drop in three years on Friday as a global economic recovery made its safe-haven appeal less attractive and as central banks prepared to raise interest rates to contain inflation, reports Reuters.Heading into 2022, while concerns about the effect of the Omicron variant could support...

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HSBC gets nod to buy out China life ins joint venture

LONDON, Dec 31 (Reuters): HSBC said on Thursday it had received regulatory approval in China to take full ownership of its life insurance joint venture in the country, as it continues to expand its non-core banking services.HSBC has got clearance from the Shanghai office of the China Banking and Insurance...

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