HONG KONG, May 23 (AFP): Italian luxury fashion house Prada will make its market debut on the Hong Kong stock exchange on June 24, in a highly anticipated offering aiming to raise up to $2 billion. In the latest move...
SEOUL, May 23: South Korea's top automaker the Hyundai Automotive Group said Monday its production has been disrupted by a strike at a core engine parts supplier. Yoosung Enterprise , which makes piston rings, cylinder liners and camshafts, closed its...
NEW DELHI, May 23: Bajaj Electricals Monday posted a 53.4 per cent growth in its net profit at Rs 574.6 million for the quarter ended March 31, as against the year-ago period. The company, which makes fans and other appliances,...
DUBAI, May 23: Saudi Arabia's stock market Tadawul remained remarkably resilient against the regional uncertainty yesterday, as oil prices stabilized at around 100 US dollars per barrel. Both the Tadawul market, up 0.29 per cent at 6,750.75 points, and the...
After the World Bank and Japan, the government will sign another loan agreement of US$ 140 million with the Islamic Development Bank (IDB) on Tuesday morning to finance the cost of construction of Padma Multipurpose Bridge (PMB). The agreement will...
LONDON, May 19: The BNP Chairperson Khaleda Zia spent a busy day holding meetings with several ruling party leaders of the UK Wednesday. During the meetings with Parliamentary Human Rights Group Vice-Chairman Lord Avebury at the House of Lords and...
Leaders of different social and environmental organisations Sunday demanded increase of tax on bidi, cigarette and all tobacco products in the upcoming budget for protecting public health and saving lives from their harmful effects, reports BSS. Tobacco and tobacco products...
A day-long Embassy Open House programme of Bangladesh Embassy in Washington DC drew a large number of visitors from all over the United States (US) and tourists from other countries, reports UNB. The programme was organised in coordination with Cultural...
BEIJING, May 23 (AFP): Chinese manufacturing eased to a 10-month low in May, preliminary HSBC data showed Monday, fuelling fears of a slowdown in the world's number two economy and sending Shanghai and Hong Kong shares down. The HSBC China...
DUBAI, May 23 (PTI): ExxonMobil Qatar's investments in Qatar might exceed $16 billion over the next five years, compared to a world total of $37 billion, a senior company official has said. At a round table meeting held by the...
DUBLIN, May 23 (AFP): Ryanair said Monday that its annual net profit rose by a quarter but Europe's biggest no-frills airline also warned of a tough outlook as high fuel costs force it to ground planes and hike fares. Ryanair...
BEIJING, May 23 (AFP): China Investment Corp (CIC), the country's $300 billion sovereign wealth fund, is looking to Russia for investment opportunities, state media reported Monday. Russia "has big development potential given its vast market and rich resources," CIC chairman...
HYDERABAD, May 23 (Reuters): Indian software services exporter Mahindra Satyam Monday posted a net loss for its fiscal fourth quarter, hurt by a one-time expense due to a US shareholder lawsuit settlement, sending its shares down more than 5 per...
TOKYO, May 23 (Reuters): Sony Corp said Monday it would post a $3.2-billion net loss for the year that ended on March 31, the latest setback for the Japanese consumer electronics giant. The maker of the PlayStation video games, Vaio...
The Benchmark General Index DGEN started from where it left off previous day losing another 2.47%. Its difficult to see if investors will be able to stop panic selling without any assurance from the Finance Minister about not imposing capital...
NEW DELHI, May 23: Bajaj Electricals Monday posted a 53.4 per cent growth in its net profit at Rs 574.6 million for the quarter ended March 31, as against the year-ago period. The company, which makes fans and other appliances,...
DUBAI, May 23: Saudi Arabia's stock market Tadawul remained remarkably resilient against the regional uncertainty yesterday, as oil prices stabilized at around 100 US dollars per barrel. Both the Tadawul market, up 0.29 per cent at 6,750.75 points, and the...
After the World Bank and Japan, the government will sign another loan agreement of US$ 140 million with the Islamic Development Bank (IDB) on Tuesday morning to finance the cost of construction of Padma Multipurpose Bridge (PMB). The agreement will...
LONDON, May 19: The BNP Chairperson Khaleda Zia spent a busy day holding meetings with several ruling party leaders of the UK Wednesday. During the meetings with Parliamentary Human Rights Group Vice-Chairman Lord Avebury at the House of Lords and...
Leaders of different social and environmental organisations Sunday demanded increase of tax on bidi, cigarette and all tobacco products in the upcoming budget for protecting public health and saving lives from their harmful effects, reports BSS. Tobacco and tobacco products...
A day-long Embassy Open House programme of Bangladesh Embassy in Washington DC drew a large number of visitors from all over the United States (US) and tourists from other countries, reports UNB. The programme was organised in coordination with Cultural...
FE ReportOwners of sick industries, seeking Prime Minister's intervention, Monday urged the government to withdraw cases filed against 264 such units. They also urged the government to pay their 'over-due loan' from incentive package of Tk 70 billion, which was...
LONDON, May 23 (AFP): Oil prices slumped Monday, hit by renewed concerns over European debt and weak Chinese output data, while the market waited to see if a new volcanic ash cloud would hit demand for aircraft fuel. New York's...
LONDON, May 23 (Bloomberg): US coal exports rose to a 20-year high after floods in Australia disrupted supply of the variety used to make steel, said Simpson, Spence & Young Ltd, the world's second-largest shipbroker. Shipments climbed to an annual...
LONDON, May 23 (Bloomberg): Gold may gain for a second day in London as deepening concern over Europe's sovereign debt crisis spurs demand for the metal as a protection of wealth. Standard and Poor's last week cut Italy's credit-rating outlook...
HYDERABAD, May 23 (Reuters): Indian software services exporter Mahindra Satyam Monday posted a net loss for its fiscal fourth quarter, hurt by a one-time expense due to a US shareholder lawsuit settlement, sending its shares down more than 5 per...
TOKYO, May 23 (Reuters): Sony Corp said Monday it would post a $3.2-billion net loss for the year that ended on March 31, the latest setback for the Japanese consumer electronics giant. The maker of the PlayStation video games, Vaio...
The Benchmark General Index DGEN started from where it left off previous day losing another 2.47%. Its difficult to see if investors will be able to stop panic selling without any assurance from the Finance Minister about not imposing capital...
NEW DELHI, May 23: Bajaj Electricals Monday posted a 53.4 per cent growth in its net profit at Rs 574.6 million for the quarter ended March 31, as against the year-ago period. The company, which makes fans and other appliances,...
DUBAI, May 23: Saudi Arabia's stock market Tadawul remained remarkably resilient against the regional uncertainty yesterday, as oil prices stabilized at around 100 US dollars per barrel. Both the Tadawul market, up 0.29 per cent at 6,750.75 points, and the...
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