NEW YORK, Jan 22 (Reuters): Macy's said on Sunday it had rejected Arkhouse Management and partner Brigade Capital Management's $5.8 billion proposal to take the department store operator private, citing concerns over deal financing and valuation.Like other legacy department store...
FRANKFURT, Jan 22 (Reuters): Germany's chemicals sector, Europe's largest, is starting to feel the pinch from delayed shipments via the Red Sea, becoming the latest industry to warn of supply disruptions that have forced some companies to curb production.Crucial Asian...
The 16th Shariah Supervisory Board meeting of IDLC Asset Management Shariah Fund, managed by IDLC Asset Management Limited, was held on January 21 under the chairmanship of Dr Syed Muhammed Emdad Uddin. The board, comprising Maulana Sayed Kamaluddin Abdullah Zafree,...
Responding to strong customer interest, ACI Motors, the sole distributor of Yamaha motorcycles in Bangladesh, handed over much-anticipated Yamaha FZ-X motorcycles of a new colour variant to hundreds of customers at the BG Press ground in Dhaka on Sunday. Subrata...
A delegation of Shippers' Council of Bangladesh (SCB) led by its Chairman Md Rezaul Karim paid a courtesy call on Railways Minister Md Zillul Hakim at his ministry on Monday. SCB Senior Vice Chairman Md. Ariful Ahsan and Directors Syed...
Mutual Trust Bank (MTB) and r ventures have joined forces in a strategic collaboration that allows MTB account holders to purchase bus and launch tickets via the MTB Smart Banking app directly from bdtickets, r ventures' digital ticketing platform. The...
During this winter, customers can avail themselves of up to a 12 per cent discount on selected items, including refrigerators, washing machines, geysers, room heaters, tablets, routers, laptops, and air conditioners on Walton's e-commerce platform when making payments through bKash,...
OUR CORRESPONDENT | 2024-01-23 00:00:00
CHATTOGRAM, Jan 22: Chittagong Chamber of Commerce and Industry (CCCI) senior vice-president Tarafdar Ruhul Amin has been elected as chairman of the Port and Shipping Standing Committee of the Federation of Bangladesh Chamber of Commerce and Industry (FBCCI).He will serve...
Prime Minister Sheikh Hasina visits the mega stall of Walton after inaugurating the month-long 28th Dhaka International Trade Fair (DITF)-2024 at Bangabandhu Bangladesh-China Friendship Exhibition Centre in Purbachal New Town on the outskirts of the capital on Sunday.
FE Report | 2024-01-23 00:00:00
The minimum wage board for the cotton textile industry is scheduled to hold its first meeting at its office in the city today (Tuesday) to review minimum wages for the workers of the sector, sources said.Earlier on January 15, the...
InterContinental Dhaka has signed a Memorandum of Understanding (MoU) with Smart Bangladesh Network (SBN) recently. Under the MoU, they will collaborate to achieve a common goal and focus on sustainability projects and initiatives that support sustainable hospitality in Bangladesh, says...
FE REPORT | 2024-01-23 00:00:00
Walton Hi-Tech Industries posted a remarkable 130 per cent year-on-year growth in profit to Tk 1.38 billion in the second quarter through December of FY24, as the devaluation of the taka against the dollar slowed down.In the six months to...
FE REPORT | 2024-01-23 00:00:00
The stock market regulator has finally decided to impose a 2 per cent penalty per month for failure to transfer unpaid or undistributed or unclaimed cash dividends to the Capital Market Stabilisation Fund (CMSF), effective from March 1 this year.Any...
FE REPORT | 2024-01-23 00:00:00
Monday's turnover on the Dhaka Stock Exchange (DSE) crossed Tk 10 billion for the first time in six months in the second trading session after the floor price removal. Turnover, a crucial indicator of the market, was recorded at Tk...
FE REPORT | 2024-01-23 00:00:00
The securities regulator has lifted the floor price of 23 more companies, encouraged by market recovery in the second trading session without the price restriction. The stock market saw a significant increase in investor participation driving the turnover up to...
PARIS, Jan 22 (Reuters): French gaming company La Francaise des Jeux, opens new tab launched a takeover offer to buy Swedish online peer Kindred Group, opens new tab on Monday in a deal it said would create the second-biggest operator...
BERLIN, Jan 22 (Reuters): German train drivers are set to stage a record six-day strike from Wednesday after their union rejected state-owned rail operator Deutsche Bahn's latest wage offer.The GDL union announced on Monday that a fourth round of strikes...
RIYADH, Jan 22 (Arab News): Property development in Saudi Arabia has emerged as a powerhouse for job creation and sectoral advancement, according to the minister of human resources and social development. Speaking at a panel discussion on the first day...
BEIJING, Jan 22 (Reuters): China's capital city Beijing has set a growth target of around 5 per cent for 2024, surpassing last year's target of above 4.5 per cent, despite expectations of slower growth for the national economy.The economy of...
A two-day 'Business Development Conference' of Islami Bank Bangladesh PLC concluded at a city hotel on Sunday. Dr Tanveer Ahmad, Vice Chairman of the bank, was present as the chief guest while Mohammed Monirul Moula, Managing Director and CEO, presided...
Bengal Commercial Bank (BGCB) organised its "Annual Business Conference-2024" at a city hotel recently. Md Jashim Uddin, Chairman of the bank and President of SAARC Chamber of Commerce & Industry (SCCI), Mahbubul Alam, Vice Chairman & President of FBCCI, and...
Daraz, a leading online e-commerce platform in South Asia, is going to host first-ever Daraz Free Delivery Festival from January 25 to 31, says a statement.During this period, customers can benefit from free nationwide delivery on a wide range of...
IFC, a member of the World Bank Group, has appointed Imad N Fakhoury as Regional Director for South Asia, says a statement. Based in New Delhi, Fakhoury will spearhead IFC's strategy and operations, while reinforcing relationships with the private sector,...
FE REPORT | 2024-01-23 00:00:00
The Bangladeshi plastic sector is booming, exceeding its annual export target and eyeing new markets with diverse product lines.However, industry leader Shamim Ahmed, president of the Bangladesh Plastic Goods Manufacturers and Exporters Association, lamented the lack of government support akin...
Gold prices declined on Monday, as hopes of a March interest rate cut by the Federal Reserve faded, while traders awaited key US economic data and major central bank policy meetings this week, reports Reuters.Spot gold was down 0.2 per...
LONDON, Jan 22 (Reuters): Oil prices edged higher on Monday as traders weighed the impact of wars in the Middle East and Ukraine on oil supply against economic headwinds pressuring global oil demand.Brent crude rose 27 cents to $78.83 a...
TEHRAN, Jan 22 (Reuters): Pakistan said on Monday Iran's foreign minister will visit the country next week, signaling efforts to mend relations after the neighbours exchanged missile strikes last week at what they said were militant targets. Ambassadors of both...
KABUL, Jan 22 (Reuters): Russia's aviation watchdog said on Sunday four people survived the crash of a charter plane bound for Moscow in northern Afghanistan, citing the Russian embassy there, and it said the condition of two other passengers on...
LONDON, Jan 22 (AFP): Tens of thousands of people across the UK and Ireland were without power on Monday after Storm Isha lashed the countries with strong winds and heavy rain, disrupting travel networks.Gusts of 99 miles per hour (159...
NEW YORK, Jan 22 (BBC): Two US Navy Seals who went missing during an operation to seize Iranian-made weapons - bound for Houthis in Yemen - are now presumed dead, the US military says.The incident took place on 11 January...
© 2026 - All Rights with The Financial Express
