PRAN-RFL to invest in solar power business
PRAN-RFL, the country's leading business conglomerate, is set to invest in the solar power business. The group will produce renewable energy from solar power at its integrated agricultural farm located in Govindpur, Moulvibazar, says a statement.Initially, the goal is to generate 100 megawatts of electricity. The power generated by PRAN-RFL...
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Oil prices plummet on China's retaliation against US tariffs
Oil prices plunged as much as 7 per cent on Wednesday, hitting fresh four-year lows before recovering some ground, after China announced additional tariffs on US goods in retaliation against President Donald Trump's tariff policy, reports Reuters.China will impose 84 per cent tariffs on US goods from Thursday, up from...
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Gold climbs 2pc amid tariff war
Gold prices gained more than 2 per cent on Wednesday, supported by a decline in the dollar and safe-haven inflows amid escalating US-China trade tensions after Beijing announced more levies on US goods, reports Reuters.Spot gold was up 2.2 per cent at $3,048.19 an ounce, as of 09:01 a.m. ET...
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Japan to sell more rice reserves as prices soar
TOKYO, April 9 (AFP): Japan will sell more rice from its emergency stockpile through July in an attempt to stabilise soaring prices, the agricultural minister said Wednesday.After rice prices nearly doubled year-on-year, the government began auctioning its stockpile last month -- the first time since it was started in 1995."In...
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