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Oil slips on rising Covid-19 cases

LONDON, Oct 20 (Reuters): Oil prices fell on Tuesday on worries that a resurgence of coronavirus cases globally is stifling a recovery in fuel demand while growing Libyan output adds to already plentiful supply.Brent crude futures were trading down 34 cents, or 0.8 per cent, at $42.28 a barrel by...

A delegation of BARVIDA

A delegation of the Bangladesh Reconditioned Vehicles Importers and Dealers Association (BARVIDA) led by its president Abdul Haque called on Mongla Port Authority chairman M Shahjahan at his office on Monday. The team sought an office space at Mongla port and also port entry pass for its members

COVID-19: First UK airport coronavirus testing begins

LONDON, Oct 20 (BBC): Passengers flying from Heathrow to Hong Kong and Italy on Tuesday will be the first to have the option of paying for a rapid Covid test before checking in.The test will cost £80 and the result is guaranteed within an hour.The aim is to help people...

Gold holds steady (2020-10-21)

BENGALURU, Oct 20 (Reuters): Gold prices were stable on Tuesday, hovering above the $1,900 level, as investors awaited further clarity on whether a new US coronavirus stimulus package will be forthcoming before next month's presidential election.Spot gold was up 0.1 per cent at $1,906.26 per ounce by 0925 GMT. US...

Brazilian miner Vale hints at Q4 production boost

RIO DE JANEIRO, Oct 20 (Reuters): Brazilian mining company Vale SA reported on Monday an increase in iron ore output in the third quarter and predicted a further boost in fourth-quarter output at some units, as a number of mines ramp up production or come online.In a securities filing, the...

BHP posts 7.0pc rise in iron ore output

MELBOURNE, Oct 20 (Reuters): BHP Group Ltd posted on Tuesday a 7.2 per cent rise in first-quarter iron ore production, slightly above expectations, supported by stable demand from China, the world's top consumer of the steelmaking ingredient.As the world grapples with the fallout of the COVID-19 pandemic, major miners are...