NEW YORK, Sept 10 (Reuters): A potential US government shutdown at the end of September could add to worries about the economy going into year-end and beyond, investors said.Current funding for most government programs expires on Sept. 30. If lawmakers...
Women-focused banking initiative Prime Bank Neera and all-female travel platform Wander Woman signed an agreement at Prime Bank headquarters recently. Nazeem A. Choudhury, deputy managing director of Prime Bank, and Sabira Mehrin Saba, founder & CEO of Wander Woman, signed...
IFIC Bank extended support to Kumudini Nursing School and College for its Diploma in Nursing programme as part of its corporate social responsibility (CSR). A memorandum of understanding (MoU) to this effect was signed on Friday at Kumudini Complex in...
Senior Secretary of the Commerce Ministry Tapan Kanti Ghosh said the government is taking steps to reduce trade gap between Bangladesh and Malaysia by encouraging more exports, reports BSS."As regards to bilateral trade it is evident that Bangladesh has been...
FE REPORT | 2023-09-11 00:00:00
Stocks suffered big losses on Sunday as risk-averse investors opted to liquidate their holdings to avoid further erosion of their portfolios.The market faced selling pressure from the very beginning of the trading session, primarily due to price fall of some...
FE REPORT | 2023-09-11 00:00:00
Phoenix Finance & Investments' losses increased fourfold year-on-year in 2022 due to higher provisioning and shrinking income from the ailing stock market. The publicly traded non-bank financial institution suffered a loss of Tk 1.39 billion in 2022, according to a...
FARHAN FARDAUS and BABUL BARMAN | 2023-09-11 00:00:00
Renata Ltd has received approval for one of its brands to export medicines to Germany. The permission enables its subsidiary company in Europe, Renata Pharmaceuticals Ireland to launch its first brand in Germany - Cabergoletten (Cabergoline 1mg and Cabergoline 2mg),...
FRANKFURT (Germany), Sept 10 (AFP): German factory orders fell more than expected in July, official data showed Wednesday, in the latest setback for Europe's largest economy as it grapples with an industrial slowdown.New orders, closely watched as a sign of...
LONDON, Sept 10 (Reuters): Global industrial production and containerised freight flows remained in the doldrums at the start of the third quarter, confounding predictions earlier in the year for a strong rebound.Manufacturers and distributors in North America and Europe were...
LONDON, Sept 10 (Arab News): Qatar is set to announce a $4 billion investment in UK green energy development through the establishment of a research hub, the Sunday Times reported.The nonprofit Qatar Foundation is providing the funding, with Rolls-Royce supplying...
BEIJING, Sept 10 (Reuters): At least three major Chinese cities last week removed restrictions on home buying, as the Asian giant gradually rolls back a crackdown on the property sector in a bid to revive its economy.Dalian and Shenyang, two...
RIYADH, Sept 10 (Arab News): Saudi Arabia's fiscal prospects are solid in the near term, primarily driven by Vision 2030 which has been steadily diversifying the Kingdom's economy since its launch in 2016, according to the International Monetary Fund. In...
Bangladesh Financial Intelligence Unit (BFIU) organised a training on 'Prevention of money laundering and countering the financing of terrorism' for the officials of all scheduled banks in Kishoreganj District at a convention centre in Kishoreganj recently, with Islami Bank Bangladesh...
Bangladeshi immigrants living in Italy can now send their remittances to any branches of Bengal Commercial Bank without any hassle through National Exchange Company. Bengal Commercial Bank and National Exchange Company S.R.L have signed an agreement to this end recently....
FE REPORT | 2023-09-11 00:00:00
Bangladesh and Japan are likely to move towards the final stage of negotiation for the economic partnership agreement (EPA), as the third joint study group will sit soon in this connection.This was disclosed during a networking programme of the Japan...
Prime Minister Sheikh Hasina visited the stall of Paytm, the technology partner of mobile financial service provider Nagad, during her participation in the G-20 Summit in New Delhi on Saturday, reports UNB.She looked over Paytm and learned about its UPI...
FE Report | 2023-09-11 00:00:00
The safety inspections in a good number of garment factories supplying apparel to brands mostly based in the European Union will be completed by upcoming December, according to the RMG Sustainability Council (RSC), a safety monitoring body in the RMG...
LONDON, Sept 10 (Reuters): Global copper smelting activity was largely flat in August, with a rebound in top refined producer China offset by weak readings elsewhere, data from satellite surveillance of metal processing plants showed last week.Only four of the...
TEPA, Ghana, Sept 10 (Reuters): Ghana raised the state guaranteed cocoa price paid to its farmers by more than 63 per cent on Saturday in a bid to boost their income and prevent beans being smuggled to neighbouring countries where...
BEIJING/MUMBAI, Sept 10 (Reuters): Around half a million metric tons of urea are held up at Chinese ports after China curbed exports of the key fertiliser following a price surge, an analyst and Indian company official said.As the world's largest...
Players of DN Dominators posing after becoming champions of the 'BRAC Bank Chattogram Football Fiesta 2023' at Sicho Arena in Kalurghat area of Chattogram city recently. BRAC Bank in the Chattogram region organised the day-long inter-departmental football tournament
ROME, Sept 10 (AP): After failing to qualify for the last two World Cups, Italy now risks missing next year's European Championship, too.On coach Luciano Spalletti's debut, Italy was held to a 1-1 draw at North Macedonia in a qualifying...
A 240-member big contingent will represent Bangladesh in the 19th Asian Games' 2023 to be held in the Chinese city of Hangzhou from September 23 to October 08 next, reports UNB.Some 12,000 athletes from 45 Asian countries are expected to...
NEW YORK, Sept 10 (AFP): American teenager Coco Gauff came from behind to win the US Open on Saturday, clinching her first Grand Slam title with a battling win over Aryna Sabalenka of Belarus.Gauff, 19, produced a gutsy performance on...
Bangladesh captain Shakib Al Hasan and senior player Mushfiqur Rahim returned to Dhaka on Sunday after getting a three-day leave from the team management, reports BSS.Mushfiqur returned to Dhaka to be with his wife as they are expecting their second...
Four dead as renewed clashes hit Lebanon Palestinian campSIDON, Sept 10: Three fighters and a civilian were killed Saturday in clashes at a south Lebanon Palestinian camp, official media reported, as Prime Minister Najib Mikati rebuked Palestinian president Mahmud Abbas...
KYIV, Sept 10 (BBC): Kyiv was attacked by Russian drones early on Sunday and debris fell in several districts, Ukrainian officials say, but no casualties were reported.At least 10 explosions were heard in the capital and air raid sirens signalled...
WAD MADANI, Sept 10 (AFP): At least 30 people were killed and dozens injured Sunday in air strikes on a neighbourhood in the south of Sudan's capital Khartoum, local activists said."At about 7:15 am (0515 GMT), military aircraft bombarded the...
HANOI, Sept 10 (AFP): US President Joe Biden arrives in Vietnam on Sunday set to deepen cooperation between the two nations, in the face of China's growing ambitions in the region.Biden-who is flying from the G20 summit in New Delhi-will...
MOULAY BRAHIM, Sept 10 (Reuters): Survivors of Morocco's deadliest earthquake in more than six decades struggled to find food and water on Sunday as the search for the missing continued in hard-to-reach villages and the death toll of more than...
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