Oil prices jump about 4pc on US-China tariff reductions
LONDON, May 12 (Reuters): Oil prices jumped by about 4 per cent on Monday after the US and China said they would ease some of their tariff measures, raising hopes of an end to the trade war between the world's two largest consumers of crude oil.Brent crude futures were up...
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BIMAN HANDS OVER APPOINTMENT LETTERS TO 82 GROUND SERVICE ASSISTANTS
Biman Bangladesh Airlines handed over appointment letters to 82 more Ground Service Assistants at a simple ceremony at Balaka, the head office of the national carrier, in Dhaka recently. Out of 54,000 candidates who applied for the job, 1,930 candidates passed the written examinations. From them, 380 candidates were finally...
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S Arabia aims to drive up food exports to China
JEDDAH, May 12 (Arab News): Saudi Arabia is pushing to expand food exports to China and attract agricultural investment with a ministerial visit that aims to deepen bilateral trade and boost non-oil economic cooperation. Minister of Environment, Water and Agriculture Abdulrahman bin Abdulmohsen Al-Fadley has begun an official visit to...
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Gold prices slide 3.0pc
Gold dropped 3 per cent to a more than one-week low on Monday after the United States and China said they had agreed to a deal to cut reciprocal tariffs, sending the dollar higher and denting the safe-haven metal's appeal, reports Reuters.Spot gold was down 3.1 per cent at $3,223.57...
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Sierra Leone's largest diamond miner shuts down
FREETOWN, May 12 (Reuters): Koidu Limited, Sierra Leone's largest diamond producer, has halted operations and laid off nearly its entire local workforce of more than 1,000 employees following a protracted dispute over pay and working conditions.Workers at the mine went on strike in December 2024 but suspended their walkout to...
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