Gold hits six-week high on rate cut optimism
Gold prices climbed to their highest level in six weeks on Monday, driven by expectations of a US interest rate cut this month and shifts in Federal Reserve leadership, while silver touched a record, reports Reuters.Spot gold was up 0.6 per cent at $4,255.98 per ounce, as of 1239 GMT,...
Read more
IDCOL and Bangladesh Tea Association plan solar power plants in tea estates
A meeting between the Infrastructure Development Company Limited (IDCOL) and the Bangladesh Tea Association explored the establishment of solar power plants in tea estates across Greater Sylhet and Chattogram.The discussion focused on utilizing approximately 284 acres of unused land within tea gardens for solar installations. The meeting, chaired by Kamran...
Read more
Saudi Aramco and Sonatrach raise LPG prices for Dec by 3-5pc
MOSCOW, Dec 1 (Reuters): Saudi Arabia's state oil producer Aramco and Algeria's Sonatrach have raised official selling prices for liquefied petroleum gas in December by 3.3 per cent to 5.4 per cent due to limited global supply, traders said.Saudi Aramco's December OSP increased by $20 per metric ton to $495...
Read more
Oil rises on supply worries after CPC attack
LONDON, Dec 1 (Reuters): Oil prices rose 1 per cent on Monday as the Caspian Pipeline Consortium halted exports after a major drone attack and US-Venezuela tensions raised concerns about supply, while OPEC+ agreed to leave oil output levels unchanged for the first quarter of 2026.Brent crude futures advanced 71...
Read more
UK, US poised to agree zero-tariffs deal on pharma: The Times
The UK is poised to agree on a major pharmaceuticals deal with the US, which will mean zero import tariffs on pharmaceutical products into the US and lead to an increase in NHS spending on medicines, The Times reported on Monday, reports Reuters.The UK government is understood to have agreed...
Read more
