Oil producers agree they should cooperate on output after 2018
MUSCAT, Jan 21 (Reuters): OPEC and non-OPEC oil producers have a consensus that they should continue cooperating on production after the end of 2018, when their current agreement on production cuts expires, Saudi Arabian energy minister Khalid al-Falih said on Sunday.If oil inventories increase in 2018 as some in the...
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Airbus to get ‘10 yrs of visibility’ from Emirates deal, says CEO
PARIS, Jan 21 (AFP): A $16 billion deal with Emirates airline for A380 superjumbos will give Airbus "at least 10 years of visibility", the European manufacturer's CEO Tom Enders said in an interview published Sunday.Emirates announced the deal on Thursday to buy 36 Airbus A380s - just days after the...
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China’s food delivery mkt grows 23pc in 2017
BEIJING, Jan 21 (Xinhua): China's food delivery market registered fast growth last year as young Chinese are increasingly choosing to order food online, a report showed.The online food delivery market hit 204.6 billion yuan (about 31.9 billion US dollars) in 2017, 23 per cent more than the previous year, according...
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UK retail sales slide in tough Dec
LONDON, Jan 21 (BBC): United Kingdom (UK) retail sales fell by 1.5 per cent in December compared with November, the biggest monthly fall since the EU referendum, official figures show.The Office for National Statistics (ONS) said many shoppers had shifted spending to November to take advantage of Black Friday offers.It...
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Amazon raises monthly Prime price in US
Amazon has raised the price of monthly Prime memberships in the US by $2.0 to $12.99 (£9.40), in a bid to push more people to an annual plan, reports BBC.The annual cost of Prime, which includes two-day shipping and video streaming, was unchanged at $99.Amazon said the change does not...
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First Zonal Heads' Conference-2018 of Uttara Bank Limited
The First Zonal Heads' Conference-2018 of Uttara Bank Limited was held at the bank's head office conference hall in the city on Saturday. Azharul Islam, chairman of the bank, was present as the chief guest with Mohammed Rabiul Hossain, managing director and CEO, in the chair.
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