Date prices jump in Dhaka despite ample supply, tariff cuts
The prices of dates surged by as much as Tk 50 per kilogram in Dhaka on the first day of Ramadan, even as traders and officials say supplies remain adequate and import duties were recently reduced to stabilise the market, reports UNB.Zahidi dates, a popular choice among middle, and lower-income...
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Water Resources Minister holds view exchange meeting with officials
Newly-appointed Water Resources Minister Md Shahid Uddin Chowdhury Anee and State Minister for Water Resources Forhad Hossain Azad held a view exchange meeting with the high officials and staff of Bangladesh Water Development Board and Water Resources Ministry at the Pani Bhaban in the city on Thursday.
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Oil prices extend gains on concern over potential US-Iran conflict
LONDON, Feb 19 (Reuters): Oil prices rose on Thursday, driven by increasing concerns over potential military conflict between the United States and Iran as both countries stepped up military activity in the oil-producing region.Brent futures were up $1.09, or 1.55 per cent, at $71.44 a barrel by 1247 GMT while...
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Gold advances on US-Iran tensions as markets weigh Fed policy path
NEW YORK, Feb 19 (Reuters): Gold prices extended gains on Thursday after rising more than 2 per cent in the previous session, as lingering tensions between the United States and Iran prompted a flight to safety, while investors evaluated the Federal Reserve's monetary policy path.Spot gold rose 0.2 per cent...
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Nestle to sell ice cream businesses as new CEO slims down group
LONDON, Feb 19 (Reuters): Nestle is in talks to sell its remaining ice cream businesses as part of CEO Philipp Navratil's drive to streamline the sprawling Swiss consumer food group, the company said at its fourth-quarter results on Thursday.The maker of Maggi stock cubes and Nescafe coffee, said it was...
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Airbus aims to deliver record number of commercial aircraft this year
TOULOUSE, Feb 19 (AFP): Plane maker Airbus aims to deliver a record number of commercial aircraft this year, the company said Thursday, capitalising on "strong demand" and a jump in profit in 2025."2025 was a landmark year, characterised by very strong demand for our products and services across all businesses,"...
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Indonesia, US firms sign $38.4b in trade, investment deals
WASHINGTON/JAKARTA, Feb 19 (Reuters): Indonesian and US companies on Wednesday signed deals worth $38.4 billion ahead of Indonesian President Prabowo Subianto's meeting with US President Donald Trump to sign a final trade pact, the Indonesian government said in a statement.The 11 deals, signed at a dinner for Prabowo hosted by...
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