Tea dips on inferior quality
Tea prices fell sharply at Bangladesh's weekly auction on Tuesday, dragged down by inferior quality leaf, despite a lower volume on offer, reports Reuters.Bangladeshi tea fetched an average price of Tk 188.44 ($2.80) per kg at the auction, compared with a revised price of Tk 200.01 in the previous sale,...
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US-Bangla Airlines gets another aircraft
US-Bangla Airlines, one of the leading private airlines in Bangladesh, has added one more DASH 8-Q400 aircraft to its fleet, says a press release. With the new addition, the number of its passenger planes rose to eight including four Boeing 737-800 and four Dash 8-Q400 aircraft. Imran Asif, CEO of...
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Trump trade sanctions threaten global economy, warns China
BEIJING, Feb 14 (AFP): US trade sanctions will hit the world economy, Beijing warned Wednesday, after President Donald Trump threatened to impose fresh tariffs on imports from China.Trump said he was "considering all options," including tariffs and quotas, after he accused China of decimating the American steel and aluminium industries.Washington...
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Rising US supply lowers oil prices for a third day
LONDON, Feb 14 (Reuters): Oil fell for a third day on Wednesday, under pressure from concern about rising US production and how much it would hurt efforts by OPEC and its partners to control global supplies.Brent crude futures LCOc1 fell 26 cents to $62.46 a barrel by 1028 GMT. The...
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Asia’s soaring gas demand opens window for new LNG projects
NUSA DUA, Indonesia, Feb 14 (Reuters): Soaring gas demand from China, India and Southeast Asia is sucking up an LNG supply glut previously expected to last for years, opening opportunity for new production from East Africa to North America that had been deemed part of the overhang.Trade flows in Eikon...
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Gold firms as dollar wilts
BENGALURU, Feb 14 (Reuters): Gold rose for a third day on Wednesday, pulling further away from last week's one-month low as the dollar wilted ahead of US inflation data due later in the day. Investors are awaiting clues from the report on the outlook for US monetary policy, which will...
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