UK's FTSE 100 extended declines on Wednesday as recent soft economic data from China and Europe continued to weigh on global sentiment, while shares of Barratt Developments fell after the homebuilder warned of a tough market environment, reports Reuters.The exporter-heavy...
SoftBank Group's Arm Holdings Ltd launched the roadshow for its blockbuster initial public offering (IPO) on Tuesday as the chip designer tries to convince investors it is worth as much as $52 billion in this year's biggest share sale, reports...
LONDON, Sept 6 (AFP): European equities retreated Wednesday on fears of more interest-rate hikes, one day after oil hit a ten-month peak and stoked fresh fears about high inflation.Oil prices spiked Tuesday on output announcements from key OPEC+ producers Russia...
HONG KONG, Sept 6 (AFP): Shares in battered developers rocketed in Hong Kong on Wednesday on investor bets that Beijing will follow up recent pledges to boost the real estate sector with more measures.Fears about a debt crisis in the...
SINGAPORE, Sept 6 (Reuters): Global investors looking for alternatives to China's anaemic economy are pouring money into India, picking stocks carefully in a market they abandoned in 2022 and still deem expensive.India is attractive, investors say, because it is insulated...
SHENZHEN, China/SAN FRANCISCO, California, Sept 06 (Reuters): Huawei Technologies' breakthrough in making an advanced chip underscores China's determination and capacity for fighting back against US sanctions, but the efforts are likely very costly and could prompt Washington to tighten curbs,...
MUMBAI/NEW DELHI, Sept 06 (Reuters): Tata Group's consumer unit is in talks to buy at least 51 per cent of popular Indian snack food maker Haldiram's but is not comfortable with the $10 billion valuation sought, two people briefed on...
RIYADH, Sept 06 (Arab News): In a sign of growing cooperation between Saudi Arabia and China, one of the Asian country's four biggest state-owned banks began it operations in Riyadh.Bank of China opened its first branch in the Saudi capital...
ISTANBUL, Sept 06 (AFP): Turkish President Recep Tayyip Erdogan on Wednesday confirmed a major policy reversal by backing his new economic team's decision to drastically hike interest rates to fight runaway inflation.Erdogan has been a lifelong opponent of high borrowing...
RIYADH, Sept 06 (Arab News): In a move aimed at reinforcing economic and trade relations between the UAE and Egypt, Abu Dhabi Exports Office, the export-financing arm of Abu Dhabi Fund for Development, has signed a pivotal financing agreement with...
'Walton Plaza Utsob-2023' was held with a great enthusiasm at the Walton Corporate Office in the capital recently, says a press release.Over 600 managers of Walton Plaza from different regions of the country took part in the event and a...
FE REPORT | 2023-09-07 00:00:00
Mirza Nurul Ghani Shovon, an entrepreneur, has been re-elected president of the National Association of Small and Cottage Industries of Bangladesh (NASCIB) for the 2023-25 term.The election was held at the NASCIB headquarters in the city's Mouchak area on Tuesday,...
FE REPORT | 2023-09-07 00:00:00
Bank Asia Limited has emphasized on investment in both green and sustainable activities aiming to encourage environment-friendly initiatives for mitigating the effects of climate change as well as achieving net zero goal by 2050, officials have said.For averting the worst...
MOHAMMAD MUFAZZAL | 2023-09-07 00:00:00
Two government sugar manufacturers' liabilities surpassed the value of their assets while the stocks on the Dhaka Stock Exchange have become tools of gamble. One of them, Shyampur Sugar Mills' net asset value per share dipped to Tk 1167.57 in...
COX'S BAZAR, Sept 06 (UNB): A man was found dead under the bridge of Matamuhuri river in Chakaria upazila of Cox's Bazar district on Wednesday.The deceased was identified as Mahsin Bhutto (50), son of Khalilur Rahman of Chakaria municipality.
Traders pack hogplums for selling during the ongoing peak season stretching from mid-June to mid-September. The demand for the vitamin C-enriched fruit has increased over the time. The photo was snapped from Kawkhali upazila of Pirojpur on Wednesday — Focus...
A villager catching fish using nets from a wetland. The picture was taken from Jangalbari village in in Karimganj upazila of Kishoreanj district on Wednesday — Focus Bangla
DINAJPUR, Sept 06 (UNB): Export-import activities between Bangladesh and India through the Hili land port in Dinajpur district was suspended since Wednesday morning due to Janmashtami, a major religious festival of the Hindu community. All activities at the land port...
Members of Border Guard Bangladesh (BGB) detained two persons with 31 gold bars weighing 7.359 kilograms at the Baikari border in Satkhira on Wednesday, reports UNB.On intelligence information, an operation led by the Satkhira 33 BGB Battalion apprehended the two...
Five persons were killed in separate road accidents in Munshiganj and Savar on Wednesday, report agencies.In Munshiganj, three people were killed and 12 were injured when a speeding bus crashed into a broken-down truck on Dhaka-Mawa Expressway at Ramerkhola early...
Bangladesh has conveyed to Myanmar that it wants to commence the repatriation of the Rohingyas to their homeland at the earliest in a safe, voluntary and sustainable manner, reports UNB.While presenting his credentials to the Chairman of the State Administration...
Rock Energy Limited, the exclusive distributor of Caltex & Chevron Lubricants, has announced its brand partnership with Avik Anwar recently, says a press release. Mr. Anwar is one of Bangladesh's brightest talents, representing the country in motorsports on foreign terrain...
WASHINGTON, Sept 6 (Reuters): US President Joe Biden will focus on reforming the World Bank and urging other multilateral development banks to boost lending for climate change and infrastructure projects during the G20 leaders summit in India, the White House...
The Asian Development Bank (ADB) and Deutsche Bank signed a risk participation agreement to enhance access to financing for small and medium-sized enterprises (SMEs) in Asia and the Pacific, reports UNB.The agreement was signed between ADB's Trade and Supply Chain...
ICB Asset Management Company Limited (IAMCL) has appointed NRBC Bank as a sales representative for 15 open-end mutual funds managed by the IAMCL. CEO of IAMCL Mahmuda Akhter and Managing Director and CEO of NRBC Bank Golam Awlia signed an...
Dhaka East, Dhaka South and Dhaka North Zones of Islami Bank Bangladesh PLC organised a discussion on 'Compliance of Shari'ah in Banking Operations' for its clients at the Islami Bank Tower on Tuesday. Dr. Muhammad Saifullah, member of the ShariÕah...
Prime Bank recently signed an agreement with Star Tech Limited at the bank's head office in Dhaka. Star Tech is recognised as one of the leading computer and tech retailers in Bangladesh. Under this deal, Prime Bank credit cardholders will...
AB Bank Limited and Trinamul Nari Uddyakta Society (Grassroots) have signed an agreement whereby AB Bank will provide training and financing facility for women entrepreneurs. Iftekhar Enam Awal, Head of Corporate & SME of AB Bank, and Himangshu Mitra, CEO...
SYFUL ISLAM | 2023-09-07 00:00:00
The Sonagazi 75-megawatt solar power plant will start supplying electricity to the national grid in December, with the test run beginning this month, officials have said.They said the power plant in Feni district was initially planned for 50 MW. However,...
MONTEVIDEO, Sept 06 (AFP): After a dazzling start to his career in Major League Soccer, Lionel Messi returns to international duty with Argentina this week as South America's long qualifying road to the 2026 World Cup kicks off on Thursday.Nine...
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