Once an American foe, now a friend: OPEC turns 60
LONDON, Sept 13 (Reuters): In 1973, Arab members of the Organisation of Petroleum Exporting Countries (OPEC) brought the US economy to its knees. Now, the cartel created 60 years ago is more likely to do Washington's bidding.Since Saudi Arabia and other Arab OPEC members imposed their famous oil embargo as...
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Housewife becomes millionaire buying Walton fridge
A housewife of Moulvibazar, Goyna Begum, became a millionaire after she had purchased a Walton-brand refrigerator under the company's millionaire campaign in the 'Digital Campaign Season 7', said a press release.Goyna Begum, Walton fridge millionaire, received a cheque for Tk 1.0 million from a Walton official at a function at...
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Boeing execs defend safety decisions on 737 MAX dev
WASHINGTON, Sept 13 (Reuters): Two senior Boeing Co executives who oversaw the development of the 737 MAX defended the company's decisions on a key cockpit system later tied to two fatal crashes, according to testimony before congressional investigators seen by the news agency.Michael Teal, then 737 MAX chief product engineer,...
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Uganda, Tanzania sign deal for construction of crude pipeline
NAIROBI, Sept 13 (Reuters): Tanzania and Uganda signed an agreement on Sunday paving the way for the construction of a crude oil pipeline running from Ugandan oilfields to the Tanzanian port of Tanga, a Tanzanian government spokesman said.Uganda discovered oil reserves in 2006 and needs the planned 1,445-km (900-mile) East...
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Gold prices fall sharply in India
NEW DELHI, Sept 13 (The Economic Times): Gold prices fell sharply in India on Friday tracking a decline in global markets. On MCX, gold futures fell 1.0 per cent or about 500 to 51,280 per 10 gram. Silver futures slumped 1,056 to 67,926 to per kg. Both gold and silver...
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