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Oil gains as Russian output cuts offset rising US inventories

LONDON, Feb 24 (Reuters): Oil prices extended gains for a second session on Friday as the prospect of lower exports from Russia offset rising inventories in the United States and concerns over global economic activity.Brent crude futures rose 89 cents, or 1.1 per cent, to $83.10 per barrel by 1042...

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Saifuzzaman Chowdhury Javed inaugurated the stall of Wecon Properties at REHAB Fair 2023

Land Minister Saifuzzaman Chowdhury Javed inaugurated the stall of Wecon Properties Limited at the REHAB Fair 2023 at Radison Blu in Chattogram on Thursday. Chairman of Wecon Properties Saika Shefa and Managing Director Ashraful Islam Alvi were also present.

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Brazil suspends beef exports to China over mad cow case

BRASILIA, Feb 24 (AFP): Brazil, the world's biggest beef producer, suspended exports to China Thursday after detecting a case of mad cow disease, though experts believe it is the less-dangerous "atypical" variant, said Agriculture Minister Carlos Favaro.Exports to China, Brazil's biggest beef customer, are automatically suspended under a deal between...

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Gold set for weekly fall as more US rate hikes expected

Gold prices headed for another weekly fall on Friday, holding near last session's two-month lows as prospects of more interest rate hikes by the US Federal Reserve dimmed bullion's appeal amid a slew of strong economic data, reports Reuters. Spot gold was little changed at $1,821.99 per ounce by 1123...

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India's SpiceJet posts surge in Q3 passenger revenue on travel rebound

BENGALURU, Feb 24 (Reuters): India's SpiceJet Ltd reported a 33 per cent surge in third-quarter passenger revenue on Friday as the low-cost carrier flew more customers at higher fares amid a boom in travel demand, sending shares up 13 per cent to a two-month high.The results come as the cash-strapped...

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