WASHINGTON, Dec 9 (AFP): The United States on Monday announced it will send a cabinet-level energy and trade mission to China next year to drum up clean-energy business following a breakthrough US-China climate accord. Secretary of Commerce Penny Pritzker and...
BERLIN, Dec 9 (AFP): Germany's trade surplus grew slightly in October, data published Tuesday showed, with imports showing a sharper decline than exports due in part to a weaker euro. Exports slipped by 0.5 per cent in October to 97.2...
BRUSSELS, Dec 9 (AFP): EU member states and the European parliament said Tuesday they have reached a deal on a new 2015 budget for the 28-country bloc after bridging gaps that threatened to scupper a deal. The two had failed...
SINGAPORE, Dec 9 (Reuters): ICICI raised US$200m in an opportunistic tap of its US$500 million 3.5 per cent March 2020s at 165bp over Treasuries, the tightest spread for an Indian bank deal since 2007, according to a banker on the...
MOSCOW, Dec 9 (AFP): The World Bank on Tuesday predicted that Russia's economy would shrink by 0.7 per cent in 2015, but warned that the contraction would be worse if oil prices were to keep sliding. The World Bank said...
The first meeting of the newly elected Executive Committee (EC) of Bangladesh Cargo Vessel Owners Association for the term 2014 2016 was held in the city recently, said a statement. President of the association Mahbub Uddin Ahmed, Bir Bikrom, presided...
FRANKFURT/BERLIN, Dec 9 (Reuters): In a surprise move, BMW said on Tuesday its long-time chief executive Norbert Reithofer would step down in May, one year early, and hand the reins of the Munich-based luxury carmaker to 49-year-old production chief Harald...
FE Report | 2014-12-10 00:00:00
The securities regulator Tuesday approved the IPO (initial public offering) proposal of Bangladesh Steel Re-Rolling Mills (BSRM) which will raise a fund worth Tk 612.5 million under fixed price method, officials said. The regulator has also asked its enforcement department...
GD Assist Limited, a subsidiary of Green Delta Insurance recently signed deal with Pantai Gleneagles, Malaysia, one of the leading healthcare providers in Malaysia. Under this agreement, GD Assist will work as Pantai Gleneagles' agent in Bangladesh as a part...
FE Report | 2014-12-10 00:00:00
Stocks edged marginally higher Tuesday after previous session's flat movement with turnover improved slightly as investors took position on heavyweight bank and telecommunication stocks. The market opened with a positive note and remained green throughout the session. DSEX, the prime...
Prime Insurance Company Limited has won "Certificate of Merit" award under insurance sector category for "Best Presented Annual Reports Award and SAARC Anniversary Awards for Corporate Governance Disclosure 2013" among the SAFA countries from "South Asian Federation of Accountants (SAFA)....
Business software on RMG expo begins tomorrow A three-day exposition of business software customised on ready-made garment (RMG) industry will begin tomorrow (Thursday) at BCS Computer City in the capital. Bangladesh Association of Software and Information Services (BASIS) in association...
FE Desk Report | 2014-12-10 00:00:00
Institute of Business Administration (IBA) of Dhaka University bagged the first prize of Battle of Minds-2014. Bangladesh University of Engineering and Technology (BUET) became the first runner up while Islamic University of Technology (IUT) bagged the second runner up award....
The board of directors of Sonali Aansh, a jute sector listed company in stock market, recommended 10 per cent cash dividend to its shareholders for the year ended on June 30, 2014, according to DSE website, reports UNB. Annual general...
GREECE, Dec 9 (AP): Greek shares are diving a day after the conservative-led government brought forward the date of a crucial presidential vote, raising a strong possibility of early general elections in the austerity-weary country. The Athens benchmark general index...
HONG KONG, Dec 9 (Reuters): Hong Kong shares fell on Tuesday hit by profit-taking and a slump in Chinese stocks after a two-week rally on the mainland. Chinese shares listed on the Hong Kong bourse fell sharply, dragging the China...
MUMBAI, Dec 9 (Business Standard): SPML Infra has rallied 12 per cent to Rs 102 after the company said it has received new orders worth Rs 2.67 billion and also to raise funds worth Rs 750 million through qualified institutional...
MUMBAI, Dec 9 (Reuters): The Nifty fell for a third consecutive day on Tuesday, closing at a one-month low, as investors cashed out positions tracking a selloff in Chinese markets, hurting blue-chips such as Oil and Natural Gas Corp. Chinese...
MUMBAI, Dec 9 (Business Standard): Shares of Oil and Natural Gas Corporation (ONGC) have declined to their lowest level since May 13, 2014, down nearly 4 per cent to Rs 354 on the NSE, after Brent crude oil price hit...
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