Finance News: Latest Financial News, Finance News today in Bangladesh

Oil firms slightly as Trump policies continue to drag on prices

LONDON, Feb 6 (Reuters): Oil prices edged up on Thursday after Saudi Arabia's state oil company raised its March crude prices sharply, but the gains barely dented the previous day's slide in benchmark Brent crude.Brent crude futures rose 28 cents, or 0.4 per cent, to $74.89 a barrel by 1251...

BSRM holds virtual conference on Q2 financial performance

A virtual conference on 'Financial Performance of Bangladesh Steel Re-Rolling Mills Limited and BSRM Steels Limited for Q2 of FY25' was held on Tuesday. The meeting was presided over by Alihussain Akberali, Chairman of BSRM, who discussed key aspects of the company's half-yearly financial performance and overall position of the...

Gold's five-session record streak pauses

Gold prices steadied on Thursday after a five-session rally to all-time highs on tensions over trade wars between the world's two largest economies raising worries about economic growth and uncertainty around the future path of US interest rates, reports Reuters.Spot gold edged 0.1 higher to $2,867.93 per ounce by 1214...

Brazil roasters fret over fake coffee as prices soar

SAO PAULO, Feb 6 (Reuters): The Brazilian coffee industry is worried that sky-high coffee prices are leading some companies to expand offerings of what it calls fake coffee in the local market, as they seek to attract consumers who are feeling the pinch.Brazil's coffee roasters association, ABIC, recently identified in...

Japan seeks steel import tariff exemption from India

NEW DELHI, Feb 6 (Reuters): Japan has called on India to exempt it from any temporary tax aimed at curbing rising steel imports, according to a source and documents, arguing the move would crimp supplies of high-grade, speciality alloys that New Delhi needs.India, the world's second biggest crude steel producer,...

Egypt signs $3b LNG deals with Shell and TotalEnergies

LONDON, Feb 6 (Reuters): Egypt has signed deals worth about $3 billion with Shell and TotalEnergies to secure 60 cargoes of liquefied natural gas (LNG) to cover demand for 2025, three trading sources told Reuters.The most populous Arab country last year returned to being a net importer, of natural gas,...