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Search date: 24-12-2018 Return to current date: Click here

Global traders halt new Iran food supply deals as US sanctions bite

DUBAI, Dec 23 (Reuters): Cargill, Bunge and other global traders have halted food supply deals with Iran because new US sanctions have paralysed banking systems required to secure payments, industry and Iranian government sources say.Food, medicine and other humanitarian supplies are exempt from sanctions Washington reimposed this year after US...

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O K Chowdhury presiding over 42nd AGM of Beximco Pharmaceuticals

Director of Beximco Pharmaceuticals Ltd O K Chowdhury presiding over the 42nd annual general meeting (AGM) of the company at Beximco Industrial Park in Gazipur on Saturday. The AGM approved 12.5 per cent cash dividend for the shareholders for the year ended on June 30, 2018

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China's LNG imports hit record in November

BEIJING, Dec 23 (Reuters): China's liquefied natural gas (LNG) imports hit record levels in November, customs data showed on Sunday, with traders rushing to buy the fuel as households and businesses crank up their heating over the freezing winter months. LNG imports totaled 5.99 million tonnes in November, up 48.5...

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Iraq sees improvement in oil prices early next year

KUWAIT, Dec 23 (Reuters): Iraq's oil minister said on Sunday he expects "an improvement" in oil prices at the beginning of next year, after the implementation of the OPEC and non-OPEC decision to curb production made earlier this month."We are optimistic that the current fall in prices will stop because...

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Airbus delivers first copters to Ukraine

KIEV, Dec 23 (AFP): Ukraine has recently presented the first two of 55 helicopters it ordered from European aerospace giant Airbus for civil use in a deal worth over half a billion euros.The two H225 Super Puma helicopters went on display in Kiev's Boryspil international airport during a handover ceremony...

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