Oil prices recoup losses
LONDON, Feb 16: Oil prices recouped losses on Wednesday as investors weighed conflicting statements on the possible withdrawal of some Russian troops from around Ukraine amid tight global supplies and recovering fuel demand.Brent crude was up $1.37, or 1.5 per cent, at $94.65 a barrel around 1200 GMT, having slid...
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Wheat and corn prices ride the Ukrainian rollercoaster
NEW YORK, Feb 16: The crisis between Ukraine and Russia, two of the world's biggest wheat and corn producers, has sent the commodities' prices on a wild ride-with anything from a diplomatic statement to rumor of a maritime blockade roiling markets, reports AFP.Usually much less volatile than stocks or oil,...
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Gold steadies as investors await Fed minutes
Gold prices steadied on Wednesday, as bullion's appeal as hedge against inflation remained intact ahead of the release of the US Federal Reserve minutes due later in the day, reports Reuters. Spot gold was steady at $1,852.80 per ounce by 1258 GMT, but was off an eight-month high of $1,879.48...
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Ctg Anjuman E Mofidul gets donation for hospital
CHATTOGRAM, Feb 16: Chairman of CVO Petrochemical Refinery Limited Shamsul Alam Shamim has donated Tk 1.0 million (Tk 10 lakh) to Anjuman E Mofidul Islam, Chattogram, for building a multi-storied hospital for the poor in the port city.Anjuman E Mofidul Islam's Chattogram chapter President and Commissioner of Chattogram Metropolitan Police...
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