Oil prices near three-year highs, supported by healthy demand

SINGAPORE, Jan 16 (Reuters): Brent crude oil prices held near $70 a barrel on Tuesday, a level not seen since 2014's dramatic market slump.Prices have been driven up by production curbs in OPEC nations and Russia, as well by strong demand thanks to healthy economic growth.Brent crude futures LCOc1 dipped...

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Pakistan plans to sell off PIA before election, says minister

ISLAMABAD, Jan 16 (NDTV): Pakistan will try to privatise its national airline before general elections due this year, privatisation minister Daniyal Aziz said, as the ruling party seeks to restart sales of state-run businesses.Pakistan International Airlines (PIA), haemorrhaging money and losing market share to Gulf-based rivals such as Etihad and...

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Germany trumps Asia with world’s largest current account surplus

BERLIN, Jan 16 (Reuters): Germany's current account surplus was the world's largest in 2017, the Munich-based Ifo economic institute said on Tuesday, unveiling a record high reading likely to renew criticism of the economic and fiscal policies in Europe's largest economy.The International Monetary Fund (IMF) and the European Commission have...

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US lawmakers urge AT&T to cut commercial ties with Huawei

WASHINGTON, Jan 16 (Reuters): US lawmakers are urging AT&T Inc, the No. 2 wireless carrier, to cut all commercial ties to Chinese phone maker Huawei Technologies Co Ltd and oppose plans by telecom operator China Mobile Ltd to enter the US market because of national security concerns, said two congressional...

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150th board meeting of National Finance Limited

Md Abdul Mannan Bhuiyan, chairman of National Finance Limited, presides over the 150th board meeting of the company at its head office in the city recently.

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