Finance News: Latest Financial News, Finance News today in Bangladesh

Katimon mango farming brings economic hope to farmers

RAJSHAHI, Sept 17 (BSS): Farming of Katimon mango has revitalized the local economy as many people built their fortunes after cultivating the off-season mango in the region, including the vast Barind tract, during the last couple of years.According to the sources concerned, Katimon is a newer, exotic variety compared to...

Oil retreats but geopolitical jitters limit declines

LONDON, Sept 17 (Reuters): Oil prices eased on Wednesday, after rising more than 1 per cent in the previous session, though ongoing geopolitical jitters provided a floor for the market, with traders eyeing an expected interest rate cut from the US Federal Reserve later in the day.Brent crude futures were...

Gold prices retreat from record high

Gold prices retreated on Wednesday from a record-high level touched in the previous session, as investors locked in profits and a firmer dollar weighed on prices ahead of the Federal Reserve's policy decision later in the day, reports Reuters.Spot gold was down 0.6 per cent at $3,668.04 per ounce, as...

United Airlines rules out bid for Spirit Airlines' assets

NEWARK, New Jersey, Sept 17 (Reuters): United Airlines CEO Scott Kirby said on Tuesday his company will not bid for bankrupt Spirit Airlines' assets if they become available.Spirit filed for bankruptcy protection last month for the second time in a year after a previous reorganization failed to put it on...

Coffee prices in New York approach all-time high

NEW YORK, Sept 17 (Reuters): Prices for coffee futures traded in the Intercontinental Exchange in New York approached an all-time high on Tuesday as the market continues to climb amid the US tariffs and a dry September in Brazil, which could hurt production.Arabica coffee futures earlier rose to a session...

Hasan Arif new EPB Vice-Chair

Mohammad Hasan Arif, Additional Secretary to the Government of Bangladesh, has been appointed as the new Vice-Chairman of the Export Promotion Bureau (EPB). He officially assumed office on September 15.Before this appointment, Mr. Arif held several key positions at the Economic Relations Division (ERD), including serving as Wing Chief of...