Oil set for biggest weekly gain in three months as Russia cuts fuel exports
LONDON (Reuters): Oil prices edged up on Friday, on track for a more than 4% weekly gain, as Ukraine's attacks on Russia's energy infrastructure prompted Moscow to curb fuel exports. Brent futures gained 23 cents to $69.65 a barrel by 1255 GMT while U.S. West Texas Intermediate (WTI) crude rose...
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Gold firms as upbeat US GDP data dampens rate-cut bets
Gold held steady on Friday after better-than-expected U.S. GDP data dampened bets of further rate cuts, while investors awaited key inflation data due later in the day.Spot gold held its ground at $3,748.39 per ounce, as of 1030 GMT. The metal has climbed 1.8% so far this week, and hit...
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CA urges youths to come forward to ensure tourism industry growth
Chief Adviser Professor Muhammad Yunus on Friday called upon the younger generation to come forward to ensure the proper growth of the tourism industry, reports BSSIn a message issued on the eve of World Tourism Day-2025, he said in line with the rest of the world, Bangladesh is celebrating World...
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US soybean futures edge up
Chicago Board of Trade soybean futures ended slightly higher on Thursday as Argentina reinstated export taxes on grains after a suspension increased competition for sales on the global market, reports Reuters.Corn futures also crawled higher as traders monitored reports from early U.S. harvesting, while wheat futures jumped in a recovery...
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Italy hits six oil firms with $1b antitrust fine
MILAN, Italy, Sept 26 (AFP): Italy's antitrust regulator said Friday it has slapped Italian energy giant Eni and five other companies with fines totalling more than 936 million euros ($1.1 billion) for "restricting competition" in the sale of fuel.The authority said in a statement that Eni, Esso, Ip, Q8, Saras...
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EU says US deal shields Europe pharma from new tariffs
BRUSSELS, Belgium, Sept 26 (AFP): The EU's trade deal with the United States shields the bloc's drug exports from tariffs higher than 15 percent, Brussels said Friday, after US President Donald Trump announced new levies on pharmaceuticals.The July agreement capped tariffs on pharmaceutical products and other goods at 15 percent....
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Canada signs historic free trade agreement with Indonesia
MONTREAL, Sept 26 (AFP): Canada has signed a bilateral free trade agreement with Indonesia, which aims to eliminate or reduce tariffs on over 95 percent of Ottawa's exports to its largest market in Southeast Asia.Several experts told AFP the strategic agreement is being made in the context of global economic...
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