Oil price jumps by 3.0pc as China eases Covid curbs
LONDON, Nov 11 (Reuters): Oil prices jumped by about 3.0 per cent on Friday after health authorities in China, the top global crude importer, eased some of the country's heavy Covid curbs.Brent crude futures rose $2.86, or 3.1 per cent, to $96.53 a barrel by 1145 GMT, extending a 1.1...
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Global food import bill to jump to record $1.9 trillion: FAO
PARIS, Nov 11 (AFP): Global spending on food imports is expected to reach a record $1.94 trillion in 2022, the UN's Food and Agriculture Organization warned Friday, a 10 per cent jump compared to the previous year due to rising prices.The new forecast would mark "an all-time high", and is...
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Price bump puts off buyers in India, China
A spike in domestic prices put off most physical gold consumers in India this week and prompted dealers to offer discounts for the first time in about a month, with higher rates playing spoilsport in China as well, reports Reuters. Indian prices scaled a peak since Aug 12 at 52,385...
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China unveils new orders for homegrown passenger jet
BEIJING, Nov 11 (AFP): China announced Wednes-day hundreds of new orders for its first domestically manufactured large passenger jet, with the aircraft poised to make its commercial debut early next year.The state-owned Commercial Aircraft Corp of China (COMAC) said it had sealed orders for 300 of the narrow-body C919 at...
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