Sonali Bank recovers Tk 21.8m stuck in Iraq bank
The state-run Sonali Bank Limited has recovered US$ 0.257 million (Tk 21.80 million) stuck in a government bank in the war-torn Iraq for nearly 30 years since the US-UK invasion of the country, says a press release.Sonali Bank Limited Chairman Md Ashraful Moqbul and Iraq's largest bank Rafidain's Chairman Dr...
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KSA ban on Boeing MAX flights to continue for near future
RIYADH, Apr 01 (Reuters): The Kingdom of Saudi Arabia (KSA) has no immediate plans to allow Boeing 737 MAX aircraft to operate in the kingdom, its transport minister said on Monday, as state airline flyadeal potentially reconsiders an order for the jets.Boeing's top-selling MAX has been grounded globally since last...
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Aramco eclipses top earner Apple
DUBAI, Apr 01 (Reuters): Saudi Aramco, the world's biggest oil producer, made core earnings of $224 billion last year, almost three times as much as Apple, figures from the state-owned company showed on Monday ahead of its debut international bond issue.Previously reluctant to disclose its financials, Aramco had to reveal...
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Dalian iron ore hits seven-week peak
BEIJING, Apr 01 (Reuters): China's iron ore futures hit a 7-week-high on Monday after recording its best quarter in nine, buoyed by strong economic data and tight supply concerns after Rio Tinto cuts its 2019 output for iron ore shipments.The most-active iron ore contract for May delivery on the Dalian...
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Gold slips as positive China data boosts risk assets
MUNICH, Apr 01 (Reuters): Gold prices slipped on Monday as upbeat Chinese economic data and signs of progress in Sino-US trade talks eased some concerns about a slowdown in economic growth and boosted appetite for riskier assets.Spot gold was down about 0.2 per cent at $1,290.01 per ounce by 0750...
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