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Oil slips on higher US crude stocks

LONDON, Oct 23 (Reuters): Oil prices fell on Wednesday after industry data showed US crude inventories swelled more than expected, though futures were still up about 2 per cent this week as traders factored in continuing conflict in the Middle East.Brent crude futures dropped $1.14, or 1.5 per cent, to...

Newly-appointed JBC Chairman Dr Md Mokhles Ur Rahman

Jiban Bima Corporation Managing Director Md Muhibuzzaman and other high officials greet newly-appointed JBC Chairman Dr Md Mokhles Ur Rahman on his arrival at the JBC for attending a board meeting of the company on Wednesday.

Shanghai aluminium hits one-week high, copper slips

Shanghai aluminium futures scaled a one-week high on Wednesday, boosted by raw material supply risks, while copper prices edged lower, reports Reuters.The most-traded December aluminium contract on the Shanghai Futures Exchange (SHFE) closed up 0.4 per cent at 20,875 yuan ($2,927.81) a ton after hitting its highest since Oct. 14...

Coca-Cola sees boost to 2024 revenue from rising soda demand in US

Coca-Cola is aiming to hit the higher end of its organic sales forecast for 2024 as growing demand for its higher-priced sodas and juices in the US helped it post a surprise rise in quarterly sales on Wednesday, reports Reuters.Shares of the company, however, fell 1.5 per cent in premarket...

Gold prices hit record highs -

Gold prices hit record highs on Wednesday, as investors grew anxious about a tight US presidential race and loaded up on safe-haven investments, while silver traded close to its highest in 12 years, reports Reuters.Spot gold gained 0.1 per cent to $2,750.68 per ounce as of 1129 GMT after hitting...

US exporters race to ship soybeans

CHICAGO, Oct 22 (Reuters): US soybean export premiums are at their highest in 14 months, as grain merchants race to ship out a record-large US harvest ahead of the US presidential election and fears of renewed trade tensions with top importer China, traders and analysts said.Nearly 2.5 million metric tons...