China drops US broiler chicken import duties amid growing trade tensions
BEIJING, Feb 27 (Reuters): China's Commerce Ministry said it has removed anti-dumping and anti-subsidy duties on US white-feathered broiler chickens, ending a years-long dispute between the world's largest economies amid growing tensions over agricultural trade.The move, effective on Tuesday, comes after a World Trade Organisation ruling in January that obliged...
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Mahtab Corp first local company to import milling wheat from Russia
Mahtab Corporation Limited, a concern of Khan Bahadur Group became the first Bangladeshi company to import milling wheat from Russia under Government to Government (G2G) project, said a statement.Mahtab Corporation successfully accomplished its assignments to import 2,00,000 MT wheat for Directorate of Food, Ministry of Food, Bangladesh for the fiscal...
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Gold holds ground ahead of testimony by Fed’s Powell
LONDON, Feb 27 (Reuters): Gold prices held their ground on Tuesday as nervous investors awaited testimony from the new chair of the US central bank, but an analyst warned bullion was vulnerable to profit taking.Spot gold was unchanged at $1,333.15 an ounce at 0950 GMT. US gold futures added 0.2...
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Oil prices edge lower
LONDON, Feb 27 (Reuters): Oil edged lower on Tuesday ahead of weekly data that is forecast to show a rise in US crude inventories, although investor faith in OPEC's ability to curtail production helped stem a larger price slide.Brent crude futures LCOc1 were down 10 cents at $67.40 a barrel...
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Launching ceremony of Lankan Alliance Finance Limited
The launching ceremony of Lankan Alliance Finance Limited was held at a city hotel on Monday. From Left to Right--- Romesh Elapata, CEO, Jehan Prasanna Amaratunga, Director, Jowher Rizvi, Chariman, Lutfe M. Ayub, Director, and Ahamed Sabry Ibrahim, Director of the company are seen in the picture.
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