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Tesla's new car factories ‘losing billions of dollars’

2022-06-24 00:00:00

SAN FRANCISCO, June 22 (Reuters): Tesla Inc's new car factories in Texas and Berlin are "losing billions of dollars" as they struggle to increase production because of a shortage of batteries and China port issues, Chief Executive Elon Musk said...

Malaysian firm receives first post-pandemic batch of migrant workers

2022-06-24 00:00:00

KUALA LUMPUR, June 23 (Reuters): Kulim (Malaysia) Berhad has received its first "post-pandemic batch" of migrant workers, the palm oil planter said on Thursday, paving the way for more workers to enter Malaysia and help ease a severe labour crunch...

Bangladesh Insurance Association handed over a cheque for Tk 1.0 million for the flood-affected tea workers and staff

2022-06-24 00:00:00

Bangladesh Insurance Association handed over a cheque for Tk 1.0 million for the flood-affected tea workers and staff of National Tea Company Limited at the latter's office in Dhaka on Tuesday. Secretary General of Bangladesh Insurance Association Nishith Kumar Sarker,...

National Bank opened five sub-branches

2022-06-24 00:00:00

The National Bank Limited has opened five sub-branches -- at Bonarpara in Gaibandha, at Dhamurhat in Jaipurhat, at Ranihati in Chapainawabganj, at Mohipal in Feni, and at Shiberhat in Sandwip. Chairperson of the Executive Committee of the bank Parveen Haque...

South Korean firm to collect toll from Dhaka-Mawa expressway

2022-06-24 00:00:00

Korea Expressway Corporation (KEC), a South Korean firm, will collect toll from Dhaka-Mawa expressway which was named 'Father of the Nation Bangabandhu Sheikh Mujibur Rahman Highway', reports UNB.The Cabinet Committee on Government Purchase (CCGP) in a meeting on Wednesday appointed...

Uttara Motors joins Dhaka Motor Show with Bajaj motorcycle

2022-06-24 00:00:00

Uttara Motors has joined the Dhaka Motor Show '22, being held at International Convention City Bashundhara (ICCB) in Dhaka, displaying all the models of Bajaj motorcycle at its pavilion, says a press release. Bajaj motorcycle is the most popular and...

BD seeks more Japanese investments

2022-06-24 00:00:00

Bangladesh Ambassador to Japan Shahabuddin Ahmed has urged the Japanese businessmen and investors to invest in various sectors in Bangladesh, including information technology, garment and leather industry, reports UNB.He also highlighted Japan's involvement in various mega projects in Bangladesh and...

Flight operations resume at Sylhet airport

2022-06-24 00:00:00

Flight operations at the MAG Osmani Interna-tional Airport in Sylhet have restarted after six days of closure in the wake of the devastating floods in the region, reports bdnews24.com.A Biman Bangladesh Airlines aircraft departed for Manchester on Thursday afternoon, while...

More Bangladeshis becoming rich despite pandemic and inflation

2022-06-24 00:00:00

Bangladesh has seen an increase in the number of millionaires during the Covid-19 period, according to Bangladesh Bank's updated data, reports UNB. The data, made available to UNB on Wednesday, showed that the number of millionaire bank account holders stood...

BD, EU to form committee to ease customs approval

FE REPORT | 2022-06-24 00:00:00

Bangladesh and the European Union (EU) have agreed to form a joint committee to examine the challenges and opportunities in simplifying the customs clearance process for both express and non-express air cargoes.Both sides also agreed to the removal of idle...

West Indies launch new 60-ball tourney

2022-06-24 00:00:00

BASSETERRE, Saint Kitts and Nevis, June 23 (AFP): Cricket's bid to find another innovative short-form of the game moved forward on Wednesday with Cricket West Indies' (CWI) announcement of a new 60-ball domestic competition.The 6ixty, which will take place in...

Saifuddin to miss West Indies tour

2022-06-24 00:00:00

Allrounder Mohammad Saifuddin will miss the limited-overs series in the West Indies tour of Bangladesh, the Bangladesh Cricket Board (BCB) confirmed on Thursday, reports UNB.The board has said the 25-year-old allrounder failed to attain optimal bowling fitness after recovering from...

Brazil remain on top, Argentina push world champion France to 4th

2022-06-24 00:00:00

Brazil continues to be the top-ranked men's football team while its South American rival Argentina rose to third position, just behind Belgium, according to the latest FIFA rankings released on Thursday.Bangladesh national men's football team slipped four steps down in...

New Zealand on 123/5 at tea against England on day 1 of the series finale

2022-06-24 00:00:00

LEEDS, United Kingdom, June 23 (AFP): Stuart Broad led England's attack in the absence of James Anderson before New Zealand lost Henry Nicholls in bizarre fashion on the opening day of the third Test at Headingley on Thursday.New Zealand were...

Ronaldo likely to return to Juve

2022-06-24 00:00:00

Less than a year after his sensational return to Manchester United, Cristiano Ronaldo is now being linked to a move back to Turin. Meanwhile, Paris Saint-Germain (PSG) are said to be open to selling Neymar and have offered him back...

Bangladesh script history, crush Malaysia 6-0

2022-06-24 00:00:00

Bangladesh scripted history on Thursday after crushing higher-ranked Malaysia national women's team 6-0 in the first match of the two-match FIFA international women's football series, reports UNB. Bangladesh dominated the first half 4-0 at the Bir Sreshtho Shaheed Sepoy Mostafa...

Tigers want to bounce back in 2nd Test today

2022-06-24 00:00:00

After losing the first Test by seven wickets, Bangladesh aim to bounce back strongly in the second Test against the West Indies at Daren Sammy National Cricket Stadium, Gros Islet, St Lucia today (Friday), reports UNB. The match will start...

Samsung Australia fined $9.7m

2022-06-24 00:00:00

SEOUL, June 23 (Reuters): Australia's competition regulator said on Thursday a court ordered the local unit of Samsung Electronics to pay a A$14 million ($9.65 million) penalty for nine misleading advertisements about a water-resistance feature in some of its smartphones.Samsung...

Ferrari installs 1MW fuel cell plant to speed up carbon neutrality

2022-06-24 00:00:00

MILAN, June 23 (Reuters): Italy's Ferrari said on Thursday a new fuel cell plant had been recently installed at its historic headquarters facilities in Maranello, in a further step by the luxury car maker to becoming carbon neutral by 2030.The...

UK debt repayments soar on high inflation

2022-06-24 00:00:00

LONDON, June 23 (AFP): Interest repayments on UK government debt have soared as the country's inflation reaches the highest levels in decades, official data showed Thursday.Repayments in May stood at £7.6 billion ($9.3 billion), up 70 per cent compared with...

Toyota recalls first mass-produced EVs

2022-06-24 00:00:00

TOKYO, June 23 (Reuters): Toyota Motor Corp said on Thursday it would recall 2,700 of its first mass-produced electric vehicles (EVs) because of a danger that wheels could come loose.The world's largest automaker by sales submitted the recall of the...

Citigroup sees chances of global recession nearing 50pc

2022-06-24 00:00:00

NEW YORK, June 23 (Reuters): Citigroup is forecasting a near 50 per cent probability of a global recession, as central banks rush to raise interest rates to stamp out inflation that has been partly fueled by the impact of the...

Ansar-VDP Unnayan Bank distributed relief items

2022-06-24 00:00:00

Ansar-VDP Unnayan Bank distributed relief items among flood-affected people of Sylhet on Wednesday. Officials of the bank and the Bangladesh Ansar and VDP were present during the distribution

Unilever BD launches refill machine

2022-06-24 00:00:00

Unilever Bangladesh Limited (UBL) has introduced the 1st ever refill machine in country for dispensing liquid type products to its consumers as part of its innovative approach to reduce plastic use through technology and behaviour change, said a press release.Dr...

Rupali Bank holds signing ceremony of APA

2022-06-24 00:00:00

The signing ceremony of Rupali Bank Limited's Annual Performance Agreement was held in the city on Thursday, said a press release.Rupali Bank Managing Director and CEO Md Obayed Ullah Al Masud signed the agreement with the bank's general managers, deputy...

Swisscontact to help with waste management in MSMEs

OUR CORRESPONDENT | 2022-06-24 00:00:00

CHATTOGRAM, June 23: Swisscontact Bangladesh has teamed up with Geocycle Bangladesh, the waste management wing of Lafarge Holcim Bangladesh Limited, to implement a green initiative in micro, small and medium enterprises (MSMEs) of leathergoods sector in Bhairab, Kishoreganj. A Memorandum...

Gold ekes out gains as slowdown fears mount

2022-06-24 00:00:00

Gold prices edged up on Thursday as growing recessions fears and a pull back in US Treasury yields helped bullion overcome pressure from expectations of aggressive monetary tightening, reports Reuters.Spot gold rose 0.3 per cent to $1,842.85 per ounce by...

Oil rebounds as investors assess recession risks

2022-06-24 00:00:00

LONDON, June 23 (Reuters): Oil prices edged higher on Thursday after earlier falls as investors weighed the risks of recession and how fuel demand will be affected by rising interest rates and tight supplies.Brent crude futures rose by 50 cents,...

Man electrocuted in Noakhali

2022-06-24 00:00:00

NOAKHALI, June 23 (BSS): A man was electrocuted at Fakirhat Government Primary School in Senbagh upazila of the district on Thursday.The deceased was identified as Tofael Ahmed Ripon, 45, hailed from Modhdho Bijbagh in the upazila.

Two tribal men's bodies recovered from river

2022-06-24 00:00:00

RANGAMATI, June 23 (UNB): The bodies of two indigenous men were recovered from the Kachalong river in Baghaichhari upazila of Rangamati district on Thursday morning, a day after they drowned in the river.The deceased were identified as Shukar Chakma, 32,...