Oil rises after US debt deal, all eyes on OPEC meeting
LONDON, June 2 (Reuters): Oil prices rose on Friday after a US debt ceiling deal averted a default in the world's biggest oil consumer, while attention turned to a meeting of OPEC ministers and their allies at the weekend.Brent crude futures were up $1.21, or 1.6 per cent to $75.49...
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Deal signed with Russia to buy 0.18m tonnes of fertiliser
The government will purchase 0.18 million (1,80,000) tonnes of Muriate of Potash ( MOP) fertiliser from the Russian Federation in the fiscal year of 2023-24. As part of the move, a deal was signed between the two countries on Thursday in the Russian capital Moscow. Bangladesh Agriculture Development Corporation (BADC)...
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Gold heads for best week since April
Gold prices were on track on Friday for their biggest weekly rise since early April, buoyed by hopes the US Federal Reserve will not raise interest rates at its policy meeting this month, which also weighed on the dollar and bond yields, reports Reuters. Spot gold was up 0.1 per...
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World food prices fall to 2-year low in May, UN food agency says
PARIS, June 2 (Reuters): The United Nations food agency's world price index fell in May to its lowest in two years, as a slump in prices of vegetable oils, cereals and dairy outweighed increases for sugar and meat.The Food and Agriculture Organization's price index, which tracks the most globally-traded food...
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Novartis drug cuts recurrence risk by 25pc in early-stage breast cancer
FRANKFURT, June 2 (Reuters): Novartis breast cancer drug Kisqali cut the risk of recurrence by a little more than 25 per cent in a pivotal trial on women diagnosed at an early stage, positioning the Swiss drugmaker to win new patients and challenging strong rival Eli Lilly.The company on Friday...
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