Oil set for weekly gain on Iran sanctions, OPEC+ output plan
Oil prices rose in early Asian trading on Friday, and were set for their second consecutive weekly gains, after fresh U.S. sanctions on Iran and a new OPEC+ plan for seven members to cut output raised bets on tightening supply.Brent crude futures climbed 42 cents, or 0.6%, to $72.40 per...
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Gold set for third weekly gain as investors seek safe haven
Gold prices fell on Friday, but were poised for a third straight weekly gain, bolstered by safe-haven demand amidst geopolitical and economic uncertainties as well as anticipation of U.S. Federal Reserve rate cut later this year, reports Reuters.Spot gold was down 0.3 per cent at $3,034.02 an ounce as of...
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Umrah air ticket syndicate broken
Religious Affairs Adviser Dr. A. F. M. Khalid Hossain said on Friday they successfully broke the air ticket syndicate for Umrah."Airline ticket syndicate has been broken for Umrah. So, the opportunity to sell at an excessive price by booking group tickets through syndicates has ended," he said, reports BSS.The adviser...
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Spools spin slowly as tailors in Dhaka wait for Eid boom
Tailors in Dhaka typically grapple with a gruelling workload by the middle of Ramadan, often turning down new orders.This year, however, paints a slightly different picture. Even on the 19th day of fasting, many are happy to accept more work, reports bdnews24.com.Some tailors cite a reduced workload for the unusual...
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