BENGALURU, July 26 (Reuters): The Reserve Bank of India (RBI) imposed a penalty of 24.1 million rupees (nearly $288,000) on Visa in relation to its usage of an unauthorised payment transfer method, the central bank said on Friday."It was observed...
NEW YORK, July 26 (Reuters): Walmart has plans to potentially spend $200 million on self-driving forklifts as part of broader efforts to automate more warehouse operations, according to three people familiar with the matter.The world's largest retailer wants autonomous forklifts...
MOSCOW, July 26 (AFP): Russia's central bank raised its key interest to 18 per cent on Friday, the sixth hike in just over a year as it seeks to tame soaring price rises.Governor Elvira Nabiu-llina said Russian businesses were facing...
HOUSTON, July 26 (Reuters): Brent and US oil crude futures fell more than $2 a barrel on Friday on declining Chinese demand and hopes of a Gaza ceasefire agreement that could ease Middle East tensions and accompanying supply concerns.Brent was...
Rio de Janeiro: Brazil's Economy Minister Fernando Haddad (left) and US Treasury Secretary Janet Yellen sign an agreement during the G20 economic ministers' meeting in Rio de Janeiro, Brazil on Friday. — AFP
WASHINGTON, July 26 (AFP): The US Federal Reserve's favored inflation measure eased further in June, according to government data published Friday, in more good news for policymakers ahead of next week's interest rate decision.The personal consumption expenditures (PCE) price index...
BARCELONA, July 26 (AFP): New Barcelona coach Hansi Flick on Thursday hailed the performance of the Spanish club's teenage winger Lamine Yamal at Euro 2024, calling it "unbelievable".Yamal made history in his country's opening game against Croatia by becoming the...
BIRMINGHAM, United Kingdom, July 26 (AFP): England captain Ben Stokes believes Mark Wood can become the first bowler to be clocked in excess of 100mph (161kmh) during a Test match following his Durham team-mate's thrilling display at Trent Bridge.Wood hit...
PARIS, July 26, (AFP): Rafael Nadal will bid farewell to the Olympics on the clay courts of Roland Garros -- scene of his greatest moments -- as Novak Djokovic attempts to prevent the sun setting on tennis's golden generation.Nadal has...
PARIS, July 26 (AFP): Reigning Ballon d'Or Aitana Bonmati scored one goal and helped create another as World Cup holders Spain beat Japan 2-1 in their first game of the women's Olympic football tournament on Thursday, while record four-time gold...
PARIS, July 26 (AFP): Daiki Hashimoto believes Japan's "explosive" men's gymnastics team have the edge on a veteran Chinese side for Olympic gold but warned other countries could surprise.Hashimoto, 22, opens his all-around title defence starting with men's qualifying on...
PARIS, July 26 (AFP): Simone Biles headlines a US women's squad on a "redemption" mission at the Paris Olympics, where the gymnastics great is favored to add to her stash of four gold medals after a turbulent Tokyo campaign.Amid Biles's...
Paris, (France): Olympic rings are displayed at the Eiffel Tower ahead of the opening ceremony set for Friday. — Reuters
Typhoon Gaemi lashes China after pounding Taiwan, PhilippinesBEIJING, July 26: Typhoon Gaemi pummelled towns on China's coastal Fujian province on Friday with heavy rains and strong winds as the most powerful storm to hit the country this year began its...
BRUSSELS, July 26 (Reuters): The European Union will transfer 1.5 billion euros in proceeds from frozen Russian assets to Ukraine, European Commission President Ursula von der Leyen said on Friday.Western countries blocked around $300 billion worth of sovereign Russian assets...
The United Nations' Food and Agriculture Organization on Thursday called for an urgent and unified response to an "alarming" rise in avian influenza in humans and animals across the Asia-Pacific, reports Reuters.The H5N1 virus has spread more widely than ever...
CARACAS, July 26 (Reuters): Venezuelan opposition leader Maria Corina Machado and her coalition's candidate Edmundo Gonzalez have commanded enthusiastic crowds during their campaign to unseat President Nicolas Maduro and end 25 years of ruling party dominance.But uncertainty remains about how...
WASHINGTON, July 26 (Reuters): Former President Barack Obama and his wife Michelle endorsed Kamala Harris' bid for president on Friday in a roughly one-minute long video that captured a private phone call between the couple and the current vice president."We...
NEW DELHI, July 26 (Reuters): Indian Prime Minister Narendra Modi said on Friday that Pakistan is trying to stay relevant through "terrorism" and "proxy war" but its "unholy plans" will never succeed.The nuclear-armed South Asian neighbours share an uneasy relationship...
PARIS, July 26 (Reuters): Saboteurs struck France's TGV high-speed train network in a series of pre-dawn attacks that caused chaos on the country's busiest rail lines and heightened security concerns ahead of the Paris Olympics opening ceremony in Paris later...
LONDON (Reuters): Britain's Foreign Secretary David Lammy urged China to prevent its companies from supporting Russia's military, his office said on Friday following a meeting between Lammy and his Chinese counterpart Wang Yi.The two spoke on the sidelines of an...
GENEVA (Reuters): Around 80 countries reached agreement on Friday on rules governing global digital commerce including recognition of e-signatures and protection against online fraud, but failed to bring the United States on board.After five years of negotiations, coordinators Australia, Japan...
LOS ANGELES, July 26 (AP): Hollywood's video game performers announced they would go on strike Thursday, throwing part of the entertainment industry into another work stoppage after talks for a new contract with major game studios broke down over artificial...
RIO DE JANEIRO (Reuters): G20 financial leaders will say on Friday there is a rising likelihood of a global economic "soft landing", but warn wars and escalating conflicts could endanger this outlook, according to the final draft of a joint...
Travel agencies across the country have incurred a loss of Tk 6 billion in six days amid the curfew, holidays, and internet service interruption around the quota protests, reports bdnews24.com.According to the members of the Association of Travel Agents of...
Asia-Pacific markets mostly rebounded Friday, after Thursday's sell-off saw some indexes in the region hit their lowest level in months, reports CNBC.Japan's Nikkei 225 was the notable outlier, extending losses for an eighth straight day to 37,667.41, down 0.53 per...
Global equity funds witnessed fresh investments in the week through July 24 despite a selloff in leading technology stocks as investors remained optimistic about a still-strong second-quarter earnings season, and potential Fed rate cuts, reports Reuters.According to LSEG data, investors...
FE REPORT | 2024-07-27 00:00:00
Singer Bangladesh saw its second-quarter net profit drop 45 per cent year on year to Tk 257 million, thanks to higher finance costs amid rising interest rate.In the same quarter (April-June) of the previous year, the electronic and home appliance...
FE REPORT | 2024-07-27 00:00:00
Stocks slipped on both the bourses this holiday-shortened week dogged by worries about what lies in the days ahead as recent anti-quota protests turned into deadly violence, leading to imposition of curfew, Internet blackout and an unscheduled three-day holiday.Investor sentiment...
Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at many places over Rangpur, Mymensingh, Chattogram and Sylhet divisions and at one or two places over Khulna, Rajshahi, Dhaka and Barishal divisions with moderately heavy...
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