LONDON, Jan 07 (Reuters): Oil prices rose by 2.0 per cent on Monday, extending a rally from December's 18-month lows with support from OPEC production cuts and steadying share markets.Oil has gained nearly 12 per cent since last Monday, its biggest week-on-week rally in two years.Brent crude LCOc1 was up...
Read moreBERLIN, Jan 07 (AFP): Hundreds of German passengers were facing travel upheaval on Monday with security staff at Berlin's two airports set to walk out in a pay dispute.The action, called by the powerful Verdi union at the German capital's Tegel and Schoenefeld airports, is due to start at 05:00...
Read moreMOSCOW, Jan 07 (CKRM): Wheat prices are expected to move upward over the next few months.According to FarmLink Marketing Solutions senior analyst Neil Townsend, prices are forecasted to rise due to reduced wheat supplies in Ukraine, Russia, the European Union and Argentina."There's probably a 25-50 cents upside for the cash...
Read moreNEW DELHI, Jan 07 (Reuters): Gold prices rebounded today, jumping Rs 150 to Rs 32,650 per 10 gram at the bullion market. Higher global rates and buying by local jewellers supported domestic gold prices. Tracking gold, silver rates today surged Rs 410 to Rs 40,010 per kg on higher offtake...
Read moreChairman of the board of directors of Standard Bank Limited Kazi Akram Uddin Ahmed presiding over the 306th board meeting of the bank at its board room in the city on Monday
Read moreLONDON, Jan 07 (Reuters): Hedge funds are cautious on the outlook for oil prices, despite a slump at the end of last year, as fears about the global economy outweigh output cuts by OPEC and its allies.Fund managers cut bullish positions in Brent crude futures and options by 10 million...
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