Finance News: Latest Financial News, Finance News today in Bangladesh

Oil rises after OPEC+ keeps output steady

LONDON, Dec 5 (Reuters): Oil prices rose on Monday after OPEC+ nations held their output targets steady ahead of a European Union ban and a G7 price cap which kicked in on Russian crude.At the same time, in a positive sign for fuel demand in the world's top oil importer,...

A regional workshop -

A regional workshop on the 'Implementation of Management System by Technical Services Providers', jointly organised by the International Atomic Energy Agency (IAEA), Bangladesh Atomic Energy Commission and Science and Technology Ministry began at a city hotel on Monday. Science and Technology Minister Yeafesh Osman inaugurated the event presided over by...

China to launch silicon futures as demand from solar sector surges

BEIJING, Dec 5 (Reuters): China's securities regulator has approved the launch of industrial silicon futures and options contracts on the country's newest exchange, in a move that could help reduce price volatility in the metal used in most of the world's solar panels.The contract, believed to be the world's first...

Ryanair and Shell join forces for sustainable aviation fuel

Irish airline Ryanair has recently entered into a memorandum of understanding (MoU) with energy juggernaut Shell that will see the latter supply the former with sustainable aviation fuel (SAF) at 200 airports across Europe where the carrier is operational, reports sustainabilitymag.com. Shell will particularly focus its supply on major Ryanair...

Gold clings near $1,800 on soft dollar as China relaxes Covid curbs

Gold pulled back slightly from a five-month high on Monday as the dollar pared some losses but the metal still held near the key $1,800 level, buoyed by news of top bullion consumer China relaxing Covid restrictions, reports Reuters. Spot gold ticked 0.1 per cent lower to $1,796.17 per ounce...

Australia's IGO suspends nickel output after fire

MELBOURNE, Dec 5 (Reuters): Australia's IGO Ltd has suspended production at its Nova nickel operation in Western Australia for around four weeks after a fire damaged its power station over the weekend, the miner said on Monday.The fire caused "extensive damage" to the engine room of the power station and...