WASHINGTON, Apr 26 (Reuters): US consumer confidence dropped to a nine-month low in April as worries about the future mounted, further heightening the risk that the economy could fall into recession this year.The consumer confidence survey from the Conference Board...
CALIFORNIA, Apr 26 (Reuters): Alphabet Inc said on Tuesday it would buy back $70 billion in stock and posted first-quarter profit and revenue above estimates as demand rose for cloud services and ad sales held up better than expected.Investors cheered...
HANOI, Apr 26 (Reuters): Vietnamese electric vehicle maker VinFast said on Wednesday it had received a fresh round of funding pledges worth $2.5 billion for its future development, in a move that may signal a new delay to its planned...
BRUSSELS, Apr 26 (AFP): The EU unveiled an overhaul of its fiscal rules on Wednesday, a long-awaited reform that has bitterly divided member states over how to encourage investment while strengthening scrutiny of government spending.The European Commission, the EU's executive...
The Munshiganj Unit of Jamuna Bank Foundation Dialysis Centre was inaugurated in Mushiganj recently. Nur Mohammed, Chairman of Jamuna Bank Limited and Jamuna Bank Foundation, inaugurated the dialysis centre as the chief guest. Director of the bank Kanutosh Majumder was...
The shareholders of the Information Technology Consultants (ITC) Limited have approved a decision to purchase a piece of land valued at about Tk 350 million, located at Tejgaon Industrial Area in Dhaka.The approval came at an Extraordinary General Meeting (EGM)...
FE Report | 2023-04-27 00:00:00
The Ministry of Commerce (MoC) has recommended the revenue board to withdraw the existing 22.5 per cent value added tax (VAT) on clothing waste recycling business as the sector's growth is being affected due to the tax.It wrote to the...
LankaBangla Finance has recently completed the issuance of a privately placed non-convertible, zero-coupon bond worth Tk 3,000 million, says a press release. The bond issue has attracted a diverse group of investors, including individuals, corporates, banks, insurance companies, mutual funds,...
FE REPORT | 2023-04-27 00:00:00
The crude salt production in the country has hit a record 1,839,000 tonnes this season, the highest in 62 years.The figure is 7,000 tonnes higher than in the previous season.According to sources, the surge in salt production was possible due...
MADRID, Apr 26 (AFP): Emma Raducanu is set to drop out of the top 100 less than two years since her shock win in the US Open after pulling out of the Madrid Open on Wednesday with a hand injury...
MELBOURNE, Apr 26 (Reuters): International players in Australia's Big Bash League (BBL) are set for a big pay-rise after a shake-up of the domestic T20 tournament's contracting system, amid a global battle for talent.Overseas players who nominate for the draft...
Allrounder Shakib Al Hasan made him unavailable for the three-day practice camp in Sylhet for the upcoming Ireland series as he flew to USA to spend time with his family by the permission of the Bangladesh Cricket Board (BCB), reports...
SINGAPORE, April 26 (Reuters): Global stock markets moved in opposite directions on Wednesday, as European investors responded to strain in the US banking sector but Wall Street futures rose on bullish updates from Microsoft and Google parent Alphabet.Europe's STOXX 600...
Major stock markets in the Gulf were mixed in early trade on Wednesday amid rising recession fears in the United States, with the Saudi index on course to end five-day winning streak, reports Reuters.US Consumer confidence fell to a nine-month...
Microsoft Corp beat Wall Street's estimates for quarterly revenue and profit on Tuesday, driven by growth in its cloud computing and Office productivity software businesses, and the company said artificial intelligence products were stimulating sales, reports Reuters.The company forecast revenue...
Nasdaq futures rallied more than 1 per cent on Wednesday after upbeat results from Microsoft and Alphabet dwarfed worries about the impact of rising interest rates on the US economy, reports Reuters.Microsoft Corp climbed 7.5 per cent after it beat...
BENGALURU, April 26 (Reuters): Indian shares reversed intraday losses on Wednesday, aided by broad-based gains across sectors amid a slew of earnings and as markets shrugged off rising recession fears in the United States.The Nifty 50 closed 0.25 per cent...
AB Bank Limited opened sub-branch at Halishahar Housing Estate, Halishahar, Chattogram on Wednesday. Tarique Afzal, president and managing director of AB Bank, inaugurated the sub-branch. Senior officials of the bank were also present on the occasion.
FE REPORT | 2023-04-27 00:00:00
United Commercial Bank PLC made a record Tk 3.30 billion profit in 2022 - the highest since listing with the stock market in 1986.The listed bank's profit grew at a rate of 32 per cent in the year compared to...
The 70th meeting of the board of directors of Modhumoti Bank Limited was held on Tuesday on a virtual platform. Humayun Kabir, chairman of the board of directors; Shaikh Salahuddin, MP, vice-chairman of the board; barrister Sheikh Fazle Noor Taposh,...
FE REPORT | 2023-04-27 00:00:00
Stocks kept gaining for the eighth day on Wednesday with turnover hitting three-month high as buoyant investors continued to chase lucrative issues.Market operators said investors had gained confidence to some extent as some of the leading companies showed signs of...
Mohammad Mufazzal | 2023-04-27 00:00:00
The Asset Under Management (AUM) of 36 listed closed-end mutual funds was Tk 57.3 billion as of Monday but the market value was only Tk 37.3 billion, according to BRAC EPL Stock Brokerage.The Tk 20 billion was lost to the...
Hisham Khan | 2023-04-27 00:00:00
Artificial intelligence (AI) is transforming how we live and work. While there is widespread fear that AI would eliminate jobs, history has demonstrated that the introduction of any innovative new technology has upended several industries. This is the major reason...
Noshin Nawar | 2023-04-27 00:00:00
Mental health is a crucial facet of a person's well-being, yet it is often disregarded in daily life. External factors such as adverse circumstances, trauma, and resource constraint can undoubtedly impact a person's mental health negatively. Alongside such external factors,...
Agrani Equity and Investment Limited, a subsidiary of Agrani Bank, held its 13th Annual General Meeting virtually on Wednesday, with Agrani Bank Chairman Dr Zaid Bakht in the chair. Directors of the bank Kashem Humayun and KMN Manjurul Haq Lablu,...
Gold prices stuck within a narrow range on Wednesday as traders strapped in for US economic data for further guidance on the Federal Reserve's monetary policy stance, reports Reuters.Spot gold was little changed at $1,998.50 an ounce by 1115 GMT...
Oil prices slipped on Wednesday, extending sharp losses from the previous session, even after a report showed that US inventories fell last week, as the market took stock of weak US data that raised fears of recession in the world's...
NAZIMUDDIN SHYAMOL | 2023-04-27 00:00:00
CHATTOGRAM, Apr 26: A Panama flag carrier ship, Owusu Maru, carrying 63,000 MT of coal from Indonesia has berthed at the Matarbari jetty of the deep-sea port.The Owusu Maru, a 229-metre long and 12.5-metre draft ship, arrived on Tuesday afternoon....
NEW YORK, Apr 26 (Reuters): About half of US Democrats say President Joe Biden should not seek re-election next year and that he is too old to run, a worrisome sign for the 80-year-old, a Reuters/Ipsos poll found.The three-day opinion...
LONDON, Apr 26 (BBC): A Japanese company hoping to carry out a rare private Moon landing says it is likely its lunar lander crashed on the surface. Communication was lost with Hakuto-R moments before it was due to touch down...
© 2025 - All Rights with The Financial Express
