Oil edges lower as US and China growth concerns weigh

LONDON, May 19 (Reuters): Oil inched lower on Monday, weighed down by Moody's downgrade of the US sovereign credit rating and official data that showed slowing growth in China's industrial output and retail sales.Both developments raised concerns over the outlook for the world's two biggest economies and oil consumers a...

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PPP Authority holds training programme to strengthen public sector capacity

The Public-Private Partnership Authority (PPPA) has successfully organised a two-day basic training programme, aimed at enhancing institutional understanding of PPP frameworks among key stakeholders from various government ministries and divisions.Muhammad Rafiqul Islam, Secretary and CEO of the PPP Authority, was present at the closing session as the chief guest. The...

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Gold prices rebound on dollar weakness

Gold prices rose more than 1 per cent on Monday, helped by a weaker dollar and safe-haven demand after Moody's downgraded the US government's credit rating amid lingering trade concerns, reports Reuters.Spot gold gained 1.1 per cent to $3,239.23 an ounce by 1236 GMT, reversing the previous session's losses. US...

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