Oil stayed within sight of its 2019 high of almost $67 a barrel on Tuesday, supported by OPEC-led supply cuts although concern about slowing economic growth that would curb demand weighed, reports Reuters.The supply curbs led by the Organisation of the Petroleum Exporting Countries have helped crude prices to rise...
Read moreThe International Air Transport Association (IATA) has expressed its objection to a plan of the Bali administration to impose a levy on foreign tourists that may be included in airline tickets, according to The Jakarta Post.The group, which represents more than 290 airlines accounting for 82 per cent of total...
Read morePalladium hit a record high on Tuesday, moving close to US$1,500, due to a prolonged supply deficit, while gold rose to a near 10-month high as rising optimism for a U.S.-China trade deal subdued the dollar.Spot palladium, which traded as high as $1,491 per ounce, was up 1.3 per cent...
Read moreBeverage maker PepsiCo will divest its bottling franchisee rights in the West and South of the country to Ravi Jaipuria-owned Varun Beverages in a deal estimated at Rs 1,850 crore and involving the transfer of 1,900 employees, according to Economic Times. Varun Beverages board has approved the plan to acquire...
Read moreCoffee : Indonesian workers sort arabica coffee beans by hand in Medan, North Sumatra on Monday — AFP
Read moreLONDON (Reuters): Iran's exports of crude oil were higher than expected in January and are at least holding steady this month, according to tanker data and industry sources, as some customers have increased purchases due to waivers from U.S. sanctions. Shipments are averaging 1.25 million barrels per day (bpd) in...
Read more© 2024 - All Rights with The Financial Express
