Gold price slips as risk sentiment improves
BENGLURU, Aug 25 (Reuters): Gold prices fell on Tuesday as hopes surrounding a Covid-19 vaccine and positive signals on the US-China trade front buoyed risk sentiment and offset support for the metal from a weaker dollar.Spot gold fell 0.5 per cent to $1,922.67 per ounce by 1003 GMT. US gold...
Read more
Muhammad Qaisar Ali
Muhammad Qaisar Ali, Additional Managing Director of Islami Bank Bangladesh Ltd (IBBL) addressing the Business Development Conference organised by the bank's Rangpur zone as chief guest on Monday using a virtual platform. Abu Reza Md. Yeahia and AAM Habibur Rahman, Deputy Managing Directors of the bank, addressed the conference as...
Read more
Saudi govt forms Nat'l Grain Company
RIYADH, Aug 25 (AN): Abdul Rahman Al-Fadhli, minister of environment, water and agriculture, sponsored the inauguration ceremony of the National Grain Co., a strategic partnership between the Saudi Agricultural and Livestock Investment Co. (SALIC), and the National Shipping Company of Saudi Arabia (Bahri).With an estimated total cost of SR412 million...
Read more
Oil prices mixed on storm-driven output cuts, rising Covid-19 cases
SINGAPORE, Aug 25 (Reuters): Crude oil prices were mixed on Tuesday as traders weighed massive production cuts in the US Gulf Coast from Tropical Storms Marco and Laura against rising coronavirus cases in Asia and Europe.Brent crude oil futures LCOc1 added 14 cents, or 0.3 per cent, to $45.27 a...
Read more
Sembcorp North-West Power Company
Sembcorp North-West Power Company Limited distributed relief materials among the flood-affected people on the Bangabandhu Setu Pashchim Govt. Primary School premises in Sirajganj on Monday as part of its three-day flood relief distribution programme. Managing Director of Sembcorp North-West Power Company Ltd. Kh. Nazmul Ahsan, Soydabad Union Parishad Acting Chairman...
Read more
Qantas to axe 2,500 more jobs
SYDNEY, Aug 25 (AFP): Australian flag carrier Qantas announced plans Tuesday to cut almost 2,500 more jobs, just days after posting a huge annual loss as it reels from a collapse in demand caused by the coronavirus.Qantas and its budget offshoot, Jetstar, said they would outsource their ground handling operations...
Read more
UN warns against cost of Covid-19 on global tourism
LONDON, Aug 25 (AN): The coronavirus pandemic could wipe up to $1.2 trillion off the world's tourism industry and cost 100 million jobs globally, but investment in domestic tourism could help mitigate some of this damage, according to the UN's World Tourism Organisation (UNWTO).In an online briefing on Tuesday attended...
Read more
