Oil prices climb 1pc on fears over hurricane impact
Oil prices rose by more than 1 per cent on Thursday to extend a rebound spurred by concern over Hurricane Francine's impact on U.S. output, though a gloomy demand outlook capped gains, reports Reuters.Brent crude futures for November rose 94 cents, or 1.3 per cent, to $71.55 a barrel by...
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Meena Bazar opens outlet in Bashundhara Residential Area
Meena Bazar, one of the country's leading supermarket chains, has inaugurated its latest flagship outlet in Bashundhara Residential Area, says a press release. The new store, located in the JCX Business Tower on Japan Street (opposite the Walton Corporate Office), spans 6,500 square feet and offers a wide range of...
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Wheat hits two-month high on tighter supply outlook
PARIS/BEIJING, Sept 12 (Reuters): Chicago wheat futures extended gains on Thursday to a two-month high as news that Egypt bought a large amount of Russian wheat this week reinforced expectations that supplies in the Black Sea export zone are ebbing after a harvest glut.Corn and soybean were also higher as...
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India's palm oil imports plunge as buyers shift to soyoil
MUMBAI, Sept 12 (Reuters): India's palm oil imports in August fell more than a quarter from a month ago, primarily driven by sufficient domestic stocks and negative margins that discouraged refiners from purchasing more of the tropical oil, a leading trade body said on Thursday.Lower purchases by the world's biggest...
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