FE REPORT | 2024-10-11 00:00:00
Heavy rain and end of summer crops have caused a sharp rise in vegetable prices in the capital over the past week.In addition to these natural factors, many city wholesalers are manipulating the market due to a lack of proper...
MUMBAI, Oct 10 (AFP): Indian industrialist Ratan Tata, who is credited with transforming the Tata Group into a globally renowned conglomerate, has died at age 86, the company said late Wednesday.Under Tata, the company grew into a sprawling international enterprise...
FE REPORT | 2024-10-11 00:00:00
Bangladesh's economy faces downgrades for the past political upheaval that prompts the World Bank to lower its growth forecast to 4.0 per cent for the current fiscal year, but sees a silver lining on the horizons. The global development financier...
M AZIZUR RAHMAN | 2024-10-11 00:00:00
Countrywide gas supply is set to increase from this week as Bangladesh started importing liquefied natural gas (LNG) on Thursday after a hiatus of more than three months, according to a senior Petrobangla official."Gunvor Singapore Pte Ltd started delivering its...
JUBAIR RAHAN | 2024-10-11 00:00:00
Corporate borrowing from external lenders to meet their needs squeezes significantly with the stock of short-term overseas debts having dropped to $11.19 billion as of last August, as entrepreneurs make a pause in business expansion.Officials and money-market analysts say such...
CHICAGO, Oct 10 (Reuters): Delta Air Lines on Thursday forecast quarterly revenue largely below expectations in anticipation of slower travel spending against the backdrop of the upcoming US presidential election, sending its shares down 6.3 per cent before the bell.The...
LONDON, Oct 10 (Reuters): Cocoa futures on ICE fell on Thursday after strong production data from Ghana, the world's second-largest grower, while coffee steadied near recent lows as rains arrived in Brazil.March London cocoa lost 1.1 per cent to 4,752...
Gold prices extended gains on Thursday after traders added to bets that the Federal Reserve will deliver an interest-rate cut next month following the latest US economic data, reports Reuters.Spot gold was up 0.4 per cent at $2,617.15 per ounce...
LONDON, Oct 10 (Reuters): Oil prices rose more than 1 per cent on Thursday, underpinned by a spike in fuel demand as a hurricane barrelled into Florida, with Middle East supply risks also in focus.Brent crude futures rose $1.20, or...
STOCKHOLM, Oct 10 (AFP): Ikea reported Thursday that its annual sales fell in value after the world's biggest furniture retailer lowered prices to revive traffic at its online and brick-and-mortar stores.The Swedish company said sales amounted to 45.1 billion euros...
BERLIN, Oct 10 (Reuters): Sluggish demand and stiff competition in China hit third quarter sales at BMW and Mercedes, the German luxury automakers said on Thursday.The German car sector is facing multiple challenges, ranging from high production costs and managing...
DETROIT, Oct 10 (AP): Expectations are high for the long-awaited unveiling of Tesla's robotaxi at a Hollywood studio Thursday night. Too high for some analysts and investors.The company, which began selling software it calls "Full Self-Driving" nine years ago that...
WASHINGTON, Oct 10 (Reuters): A crackdown by the US consumer finance watchdog on hidden or excessive financial fees could expand to target billions of dollars in mortgage, credit reporting and other fees if Vice President Kamala Harris wins the presidential...
A seminar titled 'Roadmap for Tourism Recovery: Present Bangladesh Context' was held at a hotel in Dhaka recently. Peter A Semone, Chairman of Pacific Asia Travel Association (PATA), was present as the chief guest. He assured full cooperation from the...
In this festive season, Amrit Restaurant is all set to make Puja celebrations more delightful for food enthusiasts with incredible offers of exclusive 5 Ultimate Thalis, says a statement. Designed to cater to the diverse palates of food lovers, these...
FE REPORT | 2024-10-11 00:00:00
The Global Lift & Escalator Expo 2024 kicked off at the International Convention Centre Bashundhara (ICCB) in Dhaka on Thursday. The 5th edition of the three-day expo aims to promote the growth and development of the lift, escalator, and elevator...
Thirty-one organisations and individuals in 25 categories have been awarded for their excellence in Bangladesh travel, tourism and hospitality sectors. The recognition programme, first of its kind in the country, was organised by the Bangladesh Monitor, a travel and tourism...
Aarong, a popular lifestyle and fashion brand, has won three prestigious accolades at the Bangladesh Retail Awards 2024 in the categories of Best Retailer (Lifestyle), Best E-commerce Platform (B2C) and Most Sustainable Retail Initiative.These awards highlight Aarong's continued excellence in...
American Chamber of Commerce in Bangladesh (AmCham) President Syed Ershad Ahmed has emphasised the importance of branding Bangladesh as an investment destination through "strategic diplomacy".He advocated for measures for the ease of business operation for the existing US investors and...
In a striking contrast to global trends, Bangladesh finds itself lagging in the renewable energy sector, as outlined in the latest International Energy Agency (IEA) report.The report indicates that the world is on course to add over 5,500 gigawatts (GW)...
PESHAWAR, Oct 10 (AP): Suspected militants riding on a motorcycle opened fire on a vehicle carrying police officers Thursday in a former stronghold of the Pakistani Taliban, killing two of them and wounding two others, police said.The attack happened in...
UNITED NATIONS, Oct 10 (AFP): Saudi Arabia was thwarted Wednesday in its bid to join the UN's human rights council, which is charged with protecting freedoms globally, after coming sixth in a vote of UN members for one of five...
DUBAI, Oct 10 (AP): A series of suspected attacks by Yemen's Houthi rebels targeted a ship on Thursday in the Red Sea, authorities said.The attack comes as the rebels continue to threaten ships moving through the Red Sea, a waterway...
JERUSALEM, Oct 10 (AFP/Reuters): Defence Minister Yoav Gallant said on Wednesday that Israel's retaliation against Iran for last week's missile barrage will be "deadly, precise and surprising"."Our attack in Iran will be deadly, precise and surprising," Gallant said in a...
ODESA, Oct 10 (BBC): Russian missiles have hit a civilian container ship at a port in Ukraine's Odesa region, killing eight people, according to local officials."This is the third attack on a civilian vessel in the past four days," said...
VIENTIANE, Oct 10 (AFP): Southeast Asian leaders condemned on Thursday Myanmar's efforts to implement a plan to end the country's civil war as "substantially inadequate", according to a draft summit statement seen by AFP.Myanmar's junta agreed on the five-point plan...
GOPALGANJ, Oct 10 (BSS): A motorcyclist was killed after a collision between a bus and a motorbike in Mandartala area of Tun-gipara, Gopalganj on Thurs-day morning.The deceased was identified as Shibu Sarker, 40, son of Avimannu Sarker and hailed from...
CHAPAINAWABGANJ, Oct 10 (UNB): A man was killed in a lynch-mob attack on Thursday morning after allegedly attacking a local mosque's imam in the Shimultala area of Sadar Upazila in Chapainawabganj district.The deceased was identified as Mizu Islam, hailed from...
OUR CORRESPONDENTS | 2024-10-11 00:00:00
Sufferings of commuters have increased as a concrete bridge has remained dilapidated since a long time in Rangpur while work on the construction of a bridge in Sunamganj is yet to be completed despite the expiry of the project's deadline.Our...
OUR CORRESPONDENT | 2024-10-11 00:00:00
CHANDPUR, Oct 10: Farmers in Chandpur district are increasingly inclining to cultivate sugarcane finding it to be more profitable than a few other crops. Local sources said a high crop yield was seen across the district this season that brought...
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