LONDON, Aug 21 (Reuters): Brent crude oil futures rose above $60 a barrel on Wednesday after industry data showed a larger-than-expected drop in US crude inventories, but lingering worries about a possible global recession capped gains.Brent crude LCOc1 had gained 26 cents, or 0.43 per cent, to $60.29 a barrel...
Read moreOn the stage (from left) Chief Scientific Officer of Postharvest Technology Division Dr Md Miaruddin, President of Bangladesh Agro Processors' Association AFM Fakhrul Islam Munshi, Director (Training and Communication) Zebun Nessa, Director (Research) Dr Md Abdul Wohab, Director (Planning and Evaluation) Md Habibur Rahman Sheikh are seen at a workshop...
Read moreFRANKFURT AM MAIN, Aug 21 (AFP): Only a dozen airlines will eventually share the aviation market for major international routes, predicts Lufthansa's CEO, while a possible future economic crisis could "accelerate" a consolidation in air travel."The sector is evolving towards a dozen companies operating worldwide" on major international routes, in...
Read moreDUBLIN, Aug 21 (AFP): Ireland's High Court on Wednesday blocked a planned strike by Ryanair pilots in the country due this week that had been triggered by a row over pay."The immediate industrial action (due Thursday and Friday) is restrained," Justice Denis McDonald told the court in Dublin.
Read moreKUALA LUMPUR, Aug 21 (Reuters): On the morning of Feb. 26, executives from a Washington consultancy presented a strategy paper to some of the most powerful officials in the Malaysian palm oil industry.The message: Don't allow environmental activists and Western governments to tarnish palm oil to the extent that it...
Read moreMOSCOW, Aug 21 (Reuters): BP and Glencore are struggling to sell around 600,000 tonnes of tainted Russian oil more than three months after the contamination was discovered, according to six trading sources.Russia's oil industry was plunged into a crisis in April after about 5 million tonnes of oil for export...
Read moreSINGAPORE, Aug 21 (Reuters): Noble Group Holdings (Noble Holdings) plans to rebuild its liquefied natural gas (LNG) and core energy businesses and develop rare earths as it seeks new life as a niche, Asia-focused commodity trader, sources aware of the matter said."We have enough credit lines to expand the LNG...
Read moreBENGALURU, Aug 21 (Reuters): Gold eased on Wednesday to hold around the $1,500 level as investors cashed in some gains ahead of minutes from the US Federal Reserve's last meeting, which are expected to shed more light on interest rate cuts.Spot gold was down 0.5 per cent at $1,499.51 per...
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