Oil prices sink on worries over excess supply, weak demand
NEW YORK, Nov 24 (AFP): Oil prices slumped on Friday to lows not seen since last year as concerns over high crude supplies and uncertain economic growth triggered massive selling.The petroleum slump, which took major oil contracts down to their lowest level since October 2017, comes as oil output remains...
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Indian aviation faces headwinds
An inherent contradiction is unnerving the Indian aviation market as growth in passenger numbers hits an all-time high and financial returns an all-time low. Airlines are facing the steepest loss in a decade with a depreciated rupee against the rising U.S. dollar and fuel prices, a fierce and aggressive competitive...
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Wheat futures top one-week high
CHICAGO, Nov 24 (Reuters): U.S. wheat futures jumped to their highest in more than a week on Friday on hopes for improved export demand after sales to Egypt, while corn and soybean futures slumped.The sale of 120,000 tonnes of U.S. wheat to Egypt in a tender on Thursday indicated that...
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Financial report 'important for decision making;
Riyadh Hossain, Vice President of DCCI, said Saturday a financial report is an indispensable part of any business for decision making. He emphasised quality education, skill development, effective record keeping, sincerity and dedication to be a successful finance professional or business leader. He was speaking at the closing session of...
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"1971: Resistance, Resilience and Redemption"
Maj Gen Sarwar Hossain, President's Military Secretary, Sajjad Hussain, AB Bank Limited President and Managing Director (CC), and Tarique Afzal, Deputy Managing Director, seen at an event, organised by the bank in the city to promote the book on "1971: Resistance, Resilience and Redemption" written by Maj Gen Sarwar Hossain
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