Oil prices steady as Ukraine peace talks loom

Oil prices were little changed Monday, as investors eyed developments on a potential Russia-Ukraine peace deal that could ease sanctions disrupting global supply flows, reports Reuters.Brent crude futures edged lower 8 cents, or 0.11 per cent, to $74.66 a barrel at 1202 GMT, and US West Texas Intermediate crude fell...

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Gold gains on softer dollar ---

Gold prices rose back above $2,900 per ounce on Monday, supported by a weaker dollar and fears of an impending trade war as US President Donald Trump threatened reciprocal tariffs, reports Reuters.Spot gold was up 0.6 per cent at $2,900.44 as of 1134 GMT after hitting a record high of...

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Sri Lanka budget banks on car taxes to boost coffers

COLOMBO, Feb 17 (AFP): Sri Lanka is banking on vehicle import taxes to boost revenue and revive the island nation's battered economy, leftist President Anura Kumara Dissanayake's maiden budget showed on Monday.Vehicle imports were banned in 2020 to save foreign exchange but the move deprived authorities of a lucrative revenue...

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