US sanctions force vessels with Russian oil to divert from India
NEW DELHI/MOSCOW, Aug 1 (Reuters): At least two vessels loaded with Russian oil bound for refiners in India have diverted to other destinations following new U.S. sanctions, trade sources said, and LSEG trade flows showed.The U.S. Treasury Department this week imposed sanctions on more than 115 Iran-linked individuals, entities, and...
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Agrani Bank's total assets rise to Tk. 1.28 trillion
In 2024, Agrani Bank's total assets rose to Tk.1.28 trillion ( 1,28,106 crore) from Tk. 1.23 trillion (1,23,096 crore) in 2023, reflecting a 4.07% growth. Interest-earning assets increased by 3.22% to Tk. 830 billion (83,066 crore). The bank's total investment stood at Tk. 277.6 billion (27,760 crore), with Tk. 215.99...
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Gold rises nearly 2% as US payrolls data boosts rate cut hopes
Gold prices rose almost 2%, hitting a one-week high, on Friday after weaker-than-expected U.S. payrolls data boosted Federal Reserve rate cut expectations and fresh tariff announcements spurred safe-haven demand, reports Reuters.Spot gold climbed 1.9% to $3,351.61 per ounce, as of 0931 a.m. ET (13:31 GMT), reaching its highest level since...
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Jhalakathi's floating guava market draws huge crowds including foreign tourists
JHALAKATHI, Aug 1 (BSS): Guava market in Jhalakathi is not located in an open area rather it is in rows of boats in the canal water.The most attractive floating market in southern region is Vimruli guava market in Jhalakathi. Every year during the guava season, this floating guava market is...
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ExxonMobil reports 23.4pc drop in profits on lower crude prices
NEW YORK, Aug 1 (AFP): ExxonMobil reported a drop in second-quarter profits Friday as the hit from lower crude prices more than offset a boost from higher oil and gas production.The petroleum giant reported profits of $7.1 billion, down 23.4 percent from the year-ago period. Crude prices were under $65...
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Thailand welcomes 19pc US tariff as 'major success'
BANGKOK, Aug 1 (AFP): Thailand welcomed on Friday the 19 percent trade tariff imposed by US President Donald Trump as a "major success", a government spokesman said, averting a threatened levy of 36 percent.Trump ordered stiff tariffs on dozens of trading partners in an effort to reshape global trade in...
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Cambodian PM says 19% US trade tariff 'the best news'
PHNOM PENH, Aug 1 (AFP): Cambodian Prime Minister Hun Manet on Friday welcomed a 19 percent trade tariff imposed by US President Donald Trump, avoiding a threatened levy of 36 percent."This is the best news for the people and economy of Cambodia to continue to develop the country," Hun Manet...
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