Wednesday 19 December 2018
 
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Commodity

Sadafco's net profit surges to $14.6m in Q3

Saudia Dairy and Foodstuff Company (Sadafco) has announced that its net profit for the three-month period ending on September 30 surged to SR54 million ($14.6 million) on lower international commodity prices combined with favourable sales grow

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Sadafco's net profit surges to $14.6m in Q3

Saudia Dairy and Foodstuff Company (Sadafco) has announced that its net profit for the three-month period ending on September 30 surged to SR54 million ($14.6 million) on lower international commodity prices combined with favourable sales grow

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Commodity markets 'set for uncertainty'

The global commodity markets will experience this year uncertainty and volatility that is unprecedented, commodity experts speaking at a major conference in Dubai felt. Renowned commodity experts from across the world gathered yes

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Commodity markets 'set for uncertainty'

The global commodity markets will experience this year uncertainty and volatility that is unprecedented, commodity experts speaking at a major conference in Dubai felt. Renowned commodity experts from across the world gathered yes

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Saudi consumer sentiment strong despite low oil prices

Despite the free fall in oil prices in 2015, Saudi Arabia’s consumer appetite for spending remains strong, with most Saudis envisaging an increase in their spending on general discretionary products, a report said. The consu

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Commodity currencies at 10-month highs

Commodity currencies like the Australian and New Zealand dollars soared to 10-month highs against the US dollar, drawing support from oil prices which stabilised from a slide and underpinned broad risk sentiment in global markets.

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Commodity currencies at 10-month highs

Commodity currencies like the Australian and New Zealand dollars soared to 10-month highs against the US dollar, drawing support from oil prices which stabilised from a slide and underpinned broad risk sentiment in global markets.

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Oil dips as commodity prices rally pauses

Oil prices dipped in Asian trade on Tuesday, giving up gains from the previous session after data showed US crude inventories fell for the first time since January and as commodity prices paused from their recent rally. US crude f

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Oil steadies on gasoline demand

Oil prices steadied on Thursday at around $46 per barrel, as demand for gasoline and technical buying after a sharp fall the previous day offset worries about a large global supply glut. Brent crude futures were $45.83 by 1039 GMT

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Commodity price slump sends ripples across the globe

In the boom times when the price of gold was soaring, Ebenezer Sam-Onuawonto had a dream job and a dollar salary many times the national average in this mining town in southwestern Ghana. When the price fell, he lost his job as hu

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