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A swing to profit of $1.82bn in the six months through June from a loss of $282.1m a year earlier enabled the debt reduction after the Nigerian facility ramped up production and saw higher sales boosted by the US-Iran war.
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KUALA LUMPUR: Malaysian palm oil futures ended lower for a second straight session on Wednesday, as traders booked profits, although concerns over El Nino’s impact on production supported the market.
Metaplanet’s executive stock pool continues to draw backlash over dilution concerns, as investors urged the company to freeze the exercise rights tied to 273 million shares.
The Pakistani rupee extended its marginal gains against the US dollar in the interbank market on Wednesday. The local unit closed the day at 277.36, a gain of Re0.01 against the greenback.
The rupee fell by 34 paise, settling at 95.08 against the US dollar, amid rising crude oil prices that have breached USD 100 per barrel, raising inflation fears.
Mumbai: The Indian rupee came under sharp pressure on Wednesday, falling 34 paise to close provisionally at 95.08 against the US dollar, as Brent crude crossed the $100-per-barrel mark amid escalating…
MUMBAI: The Reserve Bank of India is likely conducted near-maturity dollar/rupee sell-buy swaps, as part of its recent efforts to absorb surplus rupee liquidity stemming from overseas deposits raised…
