Oil prices jump 2.0pc on Middle East supply fears
Oil prices rose on Thursday on investor concern that a widening Middle East conflict could disrupt crude oil flows from the region, though a stronger global supply outlook kept a lid on gains, reports Reuters.Brent crude futures were up $1.52, or 2.06 per cent, at $75.42 a barrel by 1211...
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Spanish olive oil hit by US ports strike
MADRID, Oct 3 (Reuters): Olive oil exporters in Spain, the world's biggest producer, have warned there are no viable alternative routes to the lucrative US market amid a strike at US East and Gulf Coast ports.Spanish olive oil producers' and exporters' association Asoliva said the strike that started on Oct....
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Ethiopian Airlines announces offers marking BD debut
Ethiopian Airlines, Africa's leading carrier, has announced a special buy-one-get-one-free (B1G1) ticket offer for flights from Dhaka to all of its global destinations, celebrating its entry into the Bangladesh market, reports BSS.The airline is set to commence five weekly flights on the Addis Ababa-Dhaka-Addis Ababa route, starting with its inaugural...
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Gold slips as hopes for bigger US rate cut dim
Gold prices fell on Thursday as US economic data tempered expectations of an aggressive rate cut in November, while investors awaited the upcoming payrolls report for more clarity on the Federal Reserve's monetary policy easing plans, reports Reuters.Spot gold was down 0.5 per cent at $2,645.38 per ounce by 1125...
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