World’s largest floating LNG platform starts production
SINGAPORE, Dec 26 (Reuters): Royal Dutch Shell said on Wednesday it has begun output at its Prelude floating liquefied natural gas (FLNG) facility in Australia, the world's largest floating production structure and the last of a wave of eight LNG projects built in the country over the last decade.Though the...
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Syed Waseque Md Ali inaugurating the Khulshi Branch of First Security Islami Bank
Managing Director of First Security Islami Bank Ltd Syed Waseque Md Ali inaugurating the Khulshi Branch of the bank at Khulshi, Chattogram on Wednesday. Among others, Mohammaed Hafizur Rahman, zonal head of Chattogram Zonal Office, S M Nazrul Islam, head of General Services Division, managers of Chattogram Zone and Jasher...
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US co to purchase 25 planes from AirAsia for $768m
KUALA LUMPUR, Dec 26 (Reuters): Malaysian budget carrier AirAsia Group Berhad will sell a portfolio of 25 planes to US private investment firm Castlelake LP for $768 million, it said recently.Castlelake will also purchase four new aircraft that will be delivered to AirAsia in 2019, the airline said in a...
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Oil rises to $51 after steep slide, growth fears weigh
LONDON, Dec 26 (Reuters): Oil edged up to $51 a barrel on Wednesday after reaching its lowest since June 2017 on perceptions that a price slide prompted by worries over the global economy had been overdone amid an OPEC-led effort to tighten supply.Crude has been caught up in wider financial...
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Gold hits six-month high on US political worries
BENGALURU, Dec 26 (Reuters): Gold rose to its highest in six months on Wednesday as worries over U.S. political uncertainty and slowing global economic growth drove investors towards the safe-haven metal.Spot gold climbed 0.4 per cent to $1,273.40 per ounce as at 1055 GMT. It touched $1,274.68 in early trade,...
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Cuba sees sugar recovery, more exports, after bitter harvest
HAVANA, Dec 26 (Reuters): After suffering from weather damage last year and into 2018, Cuban sugar production is expected to increase significantly in the current season now getting underway, a government minister said, but will still fall short of production and export totals from two years ago.Cuba plans to produce...
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