Oil prices to see little upside as weak demand, supply glut concerns persist
Sluggish demand from China and oversupply worries will keep oil prices anchored below $80 a barrel this year, a Reuters poll showed on Friday, although tougher U.S. sanctions on Russian crude and geopolitical tensions could provide price support, reports Reuters.The survey of 41 economists and analysts predicted that Brent crude...
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Gold prices hit record high as tariff uncertainty sparks safe-haven rush
Gold prices scaled an all-time high on Friday, briefly touching the $2,800 mark, as market participants rushed to the safe-haven asset after U.S. President Donald Trump reiterated his tariff threats, reports Reuters.Spot gold steadied at $2,795.52 per ounce by 11:18 GMT, after hitting a record peak of $2,800.99 earlier in...
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Switzerland to wrap up dev programmes in Bangladesh by 2028
The Swiss Agency for Development and Cooperation (SDC) will phase out its bilateral development programmes in Bangladesh, Albania and Zambia by the end of 2028.This decision was based on the actual needs on the ground, Switzerland's long-term interests (diplomatic and economic) and the added value of Swiss international cooperation compared...
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Adviser urges businesses for preparation
Commerce adviser Sheikh Bashir Uddin has called for businesses to prepare themselves for Bangladesh's upcoming graduation from its least-developed country (LDC) status in 2026.He also urged all stakeholders concerned to work together to lower operating costs, emphasising the need for a more business-friendly environment."The future of our industry must be...
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No tourists in St Martin for nine months from today
COX'S BAZAR, Jan 31 (UNB): Tourist travel to St Martin's, a coral-rich island located in Teknaf, Cox's Bazar, will be suspended for nine months starting February 1, according to a decision from the Ministry of Environment, Forest and Climate Change.The closure will remain in effect until November 2025.Generally, the island's...
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