Chevron, Exxon shrink spending as coronavirus cuts demand
NEW YORK, Nov 01 (Reuters): US oil majors Chevron Corp and Exxon Mobil Corp cut spending aggressively in the third quarter in a race to offset weak trends in fuel demand caused by the COVID-19 pandemic, though the former managed a slim profit.Exxon posted its third straight quarter of losses...
Read more
Anwer Hossain Khan presiding over 112th meeting of the Board of Directors
Takaful Islami Insurance Limited Chairman Anwer Hossain Khan presiding over the 112th meeting of the Board of Directors recently at the company's Head Office in the city, attended by members of the Board Emdadul Hoque Chowdhury, Md. Humayun Kabir Patwary, Anwar Hossain Chowdhury, Md. Abul Hashem, Engr. Khandaker Mesbahuddin Ahmed,...
Read more
Sonali Bank Swadhinota Bankers Parishad committee announced
A 101 member committee of Swadhinota Bankers Parishad Sonali Bank was declared with Alauddin Tusar as its President and Mozammel Haque Lenin as General Secretary.The committee will act for the next one year, said a press release. Md Akram Ali Akand, Moshiul Azam, Nur e Alam, Arun Kumar Bairagi, Chandan...
Read more
OPEC oil output rises more on Libya restart, Iraq: Survey
LONDON, Nov 01 (Reuters): OPEC oil output has risen for a fourth month in October, a Reuters survey found, as a restart of more Libyan installations and higher Iraqi exports offset full adherence by other members to an OPEC-led supply cut deal.The 13-member Organisation of the Petroleum Exporting Countries (OPEC)...
Read more
Gold gains as dollar rally stalls, virus cases mount
BENGALURU, Nov 01 (Reuters): Gold prices rose on Friday as the dollar rally paused, with worries over rising COVID-19 cases and uncertainty surrounding next week's US presidential election offering support to the safe-haven metal.Spot gold was up 0.6 per cent at $1,879.01 by 01:30 p.m. EDT (1730 GMT) following two...
Read more