Global traders halt new Iran food supply deals as US sanctions bite
DUBAI, Dec 23 (Reuters): Cargill, Bunge and other global traders have halted food supply deals with Iran because new US sanctions have paralysed banking systems required to secure payments, industry and Iranian government sources say.Food, medicine and other humanitarian supplies are exempt from sanctions Washington reimposed this year after US...
Read more
O K Chowdhury presiding over 42nd AGM of Beximco Pharmaceuticals
Director of Beximco Pharmaceuticals Ltd O K Chowdhury presiding over the 42nd annual general meeting (AGM) of the company at Beximco Industrial Park in Gazipur on Saturday. The AGM approved 12.5 per cent cash dividend for the shareholders for the year ended on June 30, 2018
Read more
China's LNG imports hit record in November
BEIJING, Dec 23 (Reuters): China's liquefied natural gas (LNG) imports hit record levels in November, customs data showed on Sunday, with traders rushing to buy the fuel as households and businesses crank up their heating over the freezing winter months. LNG imports totaled 5.99 million tonnes in November, up 48.5...
Read more
Iraq sees improvement in oil prices early next year
KUWAIT, Dec 23 (Reuters): Iraq's oil minister said on Sunday he expects "an improvement" in oil prices at the beginning of next year, after the implementation of the OPEC and non-OPEC decision to curb production made earlier this month."We are optimistic that the current fall in prices will stop because...
Read more
Airbus delivers first copters to Ukraine
KIEV, Dec 23 (AFP): Ukraine has recently presented the first two of 55 helicopters it ordered from European aerospace giant Airbus for civil use in a deal worth over half a billion euros.The two H225 Super Puma helicopters went on display in Kiev's Boryspil international airport during a handover ceremony...
Read more