Oil prices trim gains as OPEC cuts demand growth outlook
Oil prices were up about 1% on Wednesday having pared gains after producers group OPEC cut its forecasts for demand growth in 2024 and 2025, reports Reuters.OPEC in its monthly reports has lowered its outlook five consecutive times.Brent crude futures were up 74 cents, or 1.03%, to $72.93 a barrel...
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Dhaka Regency signs MOU with Crown Cement
Dhaka Regency Hotel & Resort has partnered with the Crown Cement PLC to offer exclusive benefits to its dealers, loyalty members and associates. This landmark collaboration was formalised through an MOU signed in a ceremony held on the Dhaka Regency premises. Shahid Hamid FIH, Executive Director & Managing Director (CC)...
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IATA forecasts $1t 2025 revenue
GENEVA, Dec 11 (Reuters): Global airlines body IATA forecast industry-wide 2025 revenue of more than a trillion dollars and record passenger numbers, despite what its chief Willie Walsh said on Tuesday were "unacceptable" difficulties in securing new planes.Airlines around the world have seen their growth hampered by delays in jet...
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Gold prices flat as US inflation data dominates
SINGAPORE, Dec 11 (Reuters): Gold prices were flat on Wednesday as investors awaited a US inflation print that could influence the likelihood of a Federal Reserve's interest rate cut next week and offer clues on the central bank's 2025 outlook.Spot gold was steady at $2,695.91 per ounce, as of 1216...
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