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Oil prices rally on inventory drawdown, casting Omicron caution to the wind

KATHMANDU: Oil prices rose on Wednesday after a larger-than-expected drawdown in U.S. inventories, shaking off worries about the likely hit to economic activity from the spread of the Omicron coronavirus variant. Brent crude futures ended the day up $1.31, or 1.8%, to $75.29 a barrel. U.S. West Texas Intermediate...

Oil prices rally on inventory drawdown, casting Omicron caution to the wind
Germany supports Nepal with more than 4.1 million vaccine doses Moderna and Johnson & Johnson

Germany supports Nepal with more than 4.1 million vaccine doses Moderna and Johnson & Johnson

Qatar to improve workers’ rights to continue after 2022 FIFA World Cup

Qatar to improve workers’ rights to continue after 2022 FIFA World Cup

Registration of companies up 38 percent after Covid-19

Ncell brings ‘Ncell Bizlite’ prepaid plan for SOHOs and SMEs

Ncell brings ‘Ncell Bizlite’ prepaid plan for SOHOs and SMEs

Commercial banks listed in Nepse declares dividends from FY 2020-21 profit

Commercial banks listed in Nepse declares dividends from FY 2020-21 profit

Should we brace up for Cryptocurrency? Current prospects in Nepal

Should we brace up for Cryptocurrency? Current prospects in Nepal

Nepal records investment pledge worth Rs 30 billion in five months

Nepal records investment pledge worth Rs 30 billion in five months

Nabil Bank launches ‘Nabil SmartPOS’ in agreement with Daraz and imark

Nabil Bank launches ‘Nabil SmartPOS’ in agreement with Daraz and imark

NRB tightens import of luxurious items amid pressure on foreign exchange reserve

NRB tightens import of luxurious items amid pressure on foreign exchange reserve

The Power Crunch Just Made Renewables Stronger

The Power Crunch Just Made Renewables Stronger

Putin and Xi plot their SWIFT escape

Putin and Xi plot their SWIFT escape

IME Life Insurance concludes Business Excellence Award 2021

IME Life Insurance concludes Business Excellence Award 2021

Indian pharmaceutical manufacturers are ready to bring Covid antivirals to the World

Indian pharmaceutical manufacturers are ready to bring Covid antivirals to the World

Chinese AI giant SenseTime reopens $770 mln IPO one week after US blacklist

Chinese AI giant SenseTime reopens $770 mln IPO one week after US blacklist

JSP decides to stand in favour of MCC

JSP decides to stand in favour of MCC

Hydrogen for an alternative power backup system

Hydrogen for an alternative power backup system

Electricity demand increases by about 300 MW

Electricity demand increases by about 300 MW

Study Group announce a new partnership in North America with Florida Atlantic University

Study Group announce a new partnership in North America with Florida Atlantic University

Standard Chartered fined Rs 6.27bn over liquidity reporting and failure to be ‘open and co-operative’

Standard Chartered fined Rs 6.27bn over liquidity reporting and failure to be ‘open and co-operative’

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