Biman takes steps to make cargo operation transparent
Biman Bangladesh Airlines has introduced a new monitoring system and launched a dedicated call center to assist exporters with real-time information regarding their shipments as part of its endeavur to increase transparency and accountability in cargo operations, reports BSS.The national flag carrier has installed monitors at its cargo export division...
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Oil prices surge over 3pc as Israel, US vow retaliation for Iran attack
LONDON, Oct 2 (Reuters): Oil prices climbed more than 3 per cent on Wednesday as Israel and the United States vowed retribution over Iran's biggest ever direct attack on its regional adversary, firing more than 180 ballistic missiles.With Israel also ordering more soldiers into Lebanon to battle Iran-backed militant group...
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Gold rally pauses
Gold eased on Wednesday, taking a breather after rallying in the last session on an escalation in the Middle East conflict, while traders waited for more clues on US interest rates, reports Reuters. Spot gold was down 0.5 per cent at $2,650.89 per ounce by 1146 GMT, following a jump...
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US factory activity shrinks for sixth straight month: survey
WASHINGTON, Oct 2 (AFP) : US manufacturing activity contracted for a sixth straight month in September, according to survey data released Tuesday, with demand remaining weak and new export orders slumping.The tepid reading reflects uncertainty in the sector ahead of the US presidential election in November and with further changes...
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Indonesia's Sept annual inflation at 1.84 pc, lower than expected
JAKARTA, Oct 2 (Reuters): Indonesia's annual inflation rate was 1.84 per cent in September, official data showed on Tuesday, easing from 2.12 per cent in August and within the central bank's target range.Analysts polled by Reuters had expected the September annual inflation to come in at 2.00 per cent. Bank...
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Copper edges higher on China stimulus, Middle East conflict
Copper prices gained on Wednesday as China's stimulus measures brightened demand prospects, while rising oil prices due to the escalating Middle East conflict also lent support to the market, reports Reuters.Three-month copper on the London Metal Exchange rose 0.1per cent to $9,986.50 per metric ton by 0724 GMT, aluminium edged...
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Global rice prices drop after India allows white rice exports
MUMBAI/HANOI, Oct 2 (Reuters): Global rice prices fell on Monday after India, the world's No.1 exporter of the grain, gave the go-ahead for exports to resume, boosting global supply and helping poor Asian and African buyers secure more affordable supplies, exporters said.India on Saturday allowed exports of non-basmati white rice....
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