PARIS/TOKYO, Oct 10 (Reuters): Renault and Nissan said on Monday they were in talks about the future of their alliance, including the Japanese automaker considering investing in a new electric vehicle venture by its French partner.The talks, which could prompt...
Victoriia Maslova abandoned her herbal cosmetics factory in the Ukrainian town of Bucha on the first day of Russia's invasion of the country, fleeing to Poland with her mother and three younger brothers when rockets began hitting a nearby airport,...
BEIJING, Oct 10 (Reuters): Tesla Inc delivered 83,135 China-made electric vehicles (EVs) in September, smashing its monthly record, according to a report released on Sunday by the China Passenger Car Association (CPCA).The number marks an 8 per cent increase from...
BENGALURU, Oct 10 (Reuters): Indian shares fell on Monday, pulled down by automobile and consumer stocks, and as broader investor sentiment soured after a strong US jobs report triggered fears the Federal Reserve would persist with aggressive rate hikes.The NSE...
LONDON, Oct 10 (Reuters): Fund manager Hy24 Partners has closed what it says is the world's first infrastructure fund exclusively investing in the whole clean hydrogen value chain to new investments at 2 billion euros ($1.94 billion).The fund, launched a...
MANILA, Oct 10 (Reuters): Philippine tycoon Enrique Razon has delayed to the middle of next year plans to launch an up to 28 billion pesos ($474 million) listing for his infrastructure and energy holding firm because of a market downturn,...
DUBAI, Oct 10 (Reuters): Abu Dhabi-based hospital operator Burjeel Holdings' shares rose 15.5% on their first day of trading on Monday after the company raised 1.1 billion dirhams ($299.49 million) through the stock market listing.Burjeel's shares were trading at 2.31...
SHANGHAI, Oct 10 (Reuters): China's securities regulator has given the greenlight to the country's first mutual fund targeting top Chinese and South Korean chipmakers, an official at Huatai-PineBridge Fund Management Co said, amid an escalating Sino-US tech war.The China Securities...
Shares of Rivian Automotive Inc fell 7 per cent on Monday after the electric-vehicle maker recalled nearly all its vehicles, exacerbating investor concerns that the company may not be able to meet its annual production target, reports Reuters.The Amazon.com Inc-backed...
Board meetingDESCO: Dhaka Electric Supply Company Ltd. has informed that the Board Meeting of the Company will be held on October 13, 2022 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended...
Managing Director of National Housing Finance and Investments Limited (NHFIL) Mohammad Shamsul Islam inaugurated the 10th branch of NHFIL at City Trade Centre (4th Floor), Plot-75, KDA Avenue Shibbari More, Khulna on Thursday
Mercantile Bank Limited donated an ambulance to Senbagh Upazila Health Complex as part of its corporate social responsibility. Morshed Alam, an MP from Noakhali-2 and Chairman of the bank, handed over a dummy key of the ambulance to Dr Md...
Bangladesh's electronics brand Walton has released four new models of premium series refrigerators. These refrigerators have come with aesthetic design, advanced technologies, and features and will enhance the elegance of the home along with ensuring virus and bacteria-free healthy fresh...
The Hong-Kong and Shanghai Banking Corporation (HSBC) has initiated foreign currency (FCY) transaction solution through real-time gross settlement (RTGS) clearing of the central bank, reports UNB.This solution is expected to enable HSBC's customers to make domestic foreign currency payments to...
FE REPORT | 2022-10-11 00:00:00
The trial trading of 250 government securities began on both the stock exchanges of the country on Monday. However, no trade was executed due to a complexity that barred transfer of the securities into the investors' BO (beneficiary owner's) accounts."Buyers...
FE REPORT | 2022-10-11 00:00:00
The benchmark equity index nosedived on Monday amid panic-driven selling pressure, with all the major sectors closing in the red.Market operators said jittery investors raced to dump their holdings on a rumour of possible withdrawal of 'floor price' restrictions set...
ALGIERS, Oct 10 (AFP): The Algerian and French prime ministers on Monday hailed a "new dynamic" as they launched a joint economic forum during a visit to Algiers by France's Elisabeth Borne.Borne's two-day trip to the former French colony and...
LONDON, Oct 10 (AFP): The Bank of England on Monday said it was launching a temporary facility aimed at easing liquidity pressures that arose after the UK government's budget shocked markets.The BoE "announces additional measures to support market functioning", said...
TORONTO, Oct 10 (Reuters): Bank of Canada Governor Tiff Macklem said there is scope to slow the economy based on an "exceptionally high number" of job vacancies in the labor market.In an interview aired on CBC Radio on Sunday, Macklem...
ZURICH, Oct 10 (AFP): The financial arm of Russian energy giant Gazprom said on Monday it was ending its activities in Switzerland, where it has been excluded from the banking sector over Moscow's war on Ukraine.Gazprombank said it would cease...
BERLIN, Oct 10 (AFP): A price cap to reduce soaring German energy costs following Russia's invasion of Ukraine should come into force next year with additional help provided beforehand, a government-appointed commission recommended Monday.Under the plan, households will benefit from...
RIYADH, Oct 10 (Arab News): Saudi Arabia's Industrial Production Index increased by 16.8 per cent in August compared to the same period a year ago, according to the latest General Authority for Statistics report.The growth in IPI was primarily driven...
LONDON, Oct 10 (AFP): Britain on Monday ramped up efforts to calm markets after a heavily criticised budget, with the government bringing forward key economic forecasts and the Bank of England boosting liquidity.Finance minister Kwasi Kwarteng will bring forward debt-slashing...
MUMBAI, Oct 10 (Reuters): Large Indian lenders are reluctant to process direct rupee trade transactions with Russia months after the mechanism was put in place for fear of becoming the target of sanctions by the United States and Europe over...
RANGPUR, Oct 10 (BSS): Despite the global crises caused by the Covid-19 pandemic and Russia-Ukraine War, cent per cent electrification boosts rural economy improving livelihoods and living standard of people in Rangpur division.Taking the advantage of rural electrification, local entrepreneurs...
In line with the 'Integrity Award Guideline' set by the Bangladesh Bank, five officers and employees of Pubali Bank Limited have been awarded for fiscal year 2020-21. Safiul Alam Khan Chowdhury, Managing Director and CEO of Pubali Bank, attended the...
Dr Engr Rashid Ahmed Chowdhury has been re-elected as the chairman of the board of directors of BCBL in its 365th meeting held recently, according to a statement. Mr Chowdhury hails from Agrabad, Chattogram.He obtained PhD from Chittagong University, an...
FE REPORT | 2022-10-11 00:00:00
Dhaka Chamber of Commerce and Industry (DCCI) has stressed the importance of business-to-business (B2B) connectivity between Bangladesh and Kosovo, aiming to boost bilateral trade and investment between the two countries. DCCI President Rizwan Rahman made the observation during a meeting...
UN body commits to cut air travel emissionsNEW YORK, Oct 10: A United Nations organization on Friday committed to sharply cut carbon emissions from air travel by 2050 in response to growing pressure for airlines to reduce their pollution. Several...
SEOUL, Oct 10 (AP): North Korea fired two short-range ballistic missiles toward its eastern waters on Sunday, the latest of a recent barrage of weapons tests, a day after it warned the redeployment of a U.S. aircraft carrier near the...
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