Oil prices head for weekly dip as dollar firms

LONDON, Nov 12 (Reuters): Oil prices fell on Friday, wiping out gains from the previous session as the dollar continued to firm on expectations that the U.S. central bank will bring forward an increase to interest rates in an effort to tame inflation.Brent crude futures dropped 86 cents, or 1%,...

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New BSTMPIA office-bearers

Azizul Haque has been elected president and Md Farhad Hossain senior vice president of Bangladesh Specialised Textile Mills & Powerloom Industries Association (BSTMPIA) unopposed for 2020-21 and 2021-22, says a press release. Besides, Abu Saayed Mia, Sheikh Abdul Hakim and Hamidul Haque Khokan were elected vice-presidents unopposed at the election...

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Wheat eases after multi-yr highs on global supply risks

PARIS/SINGAPORE, Nov 12 (Reuters): Chicago and Paris wheat futures inched lower on Friday, consolidating after multi-year highs a day earlier when the prospect of further Russian export restrictions rekindled worries about tightening global availability. Soybeans and corn also ticked down after a choppy trading week influenced by an unexpected cut...

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South Korea rations urea amid shortage

SEOUL, Nov 12 (Reuters): The South Korean government started rationing urea solution, used to cut diesel car and industrial emissions, and banned its resale as panic buying by drivers exacerbated an acute shortage that could bring transport and industry to a grinding halt.Passenger vehicle drivers will be given a purchase...

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EU pressure on Minsk-bound airlines is bearing fruit

The European Commission has established contacts with various airlines in an effort to cut the Minsk-facilitated migration route, the EU executive said on Friday (12 November) as several airlines confirmed they will restrict certain practices that could benefit human trafficking, reports EURACTIV.com.In recent days, the EU has been in talks...

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