TOKYO, Apr 12 (AFP): Japanese automaker Honda said Tuesday it will invest nearly $40billion into electric vehicle technology over the next decade as it works towards switching all sales away from traditional fuel cars.Global auto giants are increasingly prioritising electric...
RIYADH, Apr 12 (Arab News): Saudi Arabia has launched a new strategy with the World Economic Forum to promote industrial innovation and advanced manufacturing in the country. Minister of Industry and Mineral Resources and Chairman of the Saudi Industrial Development...
TORONTO, Apr 12 (Reuters): Canada's biggest banks started fiscal 2022 on a hiring spree, adding staff despite a tight labour market, especially to boost digital capabilities.Their expansion in the midst of surging inflation could threaten profit margins, particularly as higher...
ZURICH, Apr 12 (Reuters): Swiss drugmaker Novartis (NOVN.S) will cut thousands of jobs worldwide as it combines its pharma and oncology businesses in a reorganisation announced last week, Swiss newspaper Tages-Anzeiger reported on Tuesday, citing unnamed company sources.More than 100...
ARIS/MILAN, Apr 12 (Reuters): European perfume- and cosmetics-makers face shortages of paper, glass, and some key oils and alcohols, as Russia's invasion of Ukraine adds further disruptions to the supply chains for beauty products, driving prices higher amid robust demand.Like...
NEW DELHI, April 12 (Reuters) - India's retail inflation accelerated to near 7 per cent year-on-year in March, its highest in 17 months and above the upper limit of the central bank's tolerance band for a third straight month, putting...
Muhammad Ibrahim, a secretary to the government, has been appointed the chief executive officer (CEO) at the Public Private Partnership (PPP) Authority under the Prime Minister's Office (PMO).Prior to his new assignment, Mr Ibrahim, who was serving as an additional...
E-commerce is thriving in Bangladesh rapidly as elsewhere across the globe as online-based trade becomes popular among the people due to easy access to technology, reports BSS.The whole world is getting dependent on technology as everything is now online-based and...
ARAFAT ARA | 2022-04-13 00:00:00
The Probashi Kallyan Bank (PKB) has enhanced the benefits of its rehabilitation loans for women migrant workers in order to improve their economic condition.From now on, beneficiaries will receive equity-free loan up to Tk 100,000, according to officials.The women returning...
LONDON, Apr 12 (AP): FIFA is getting into the streaming platform business with a soccer version of Netflix and Amazon Prime.The service is free and largely featuring documentaries and some live games at the launch but it could eventually be...
MONTE CARLO, Principality of Monaco, Apr 12 (AFP): Rafael Nadal has not yet been able to resume training with a racket, said one of his team said on Tuesday, adding that the world No. 4 will "logically" miss the Barcelona...
Fast bowler James Anderson said he has not heard from the England set-up since being controversially dropped from the squad but expects to hear from them after a new coach and director of cricket has been appointed, reports Reuters.Anderson and...
LIVERPOOL, Apr 12 (AFP): Liverpool manager Jurgen Klopp has insisted a looming FA Cup semi-final against Manchester City will have no impact on his team selection for Wednesday's Champions League tie at home to Benfica.Last weekend the Reds, still in...
PARIS, Apr 12 (AFP): Paris Saint-Germain's veteran Spanish defender Sergio Ramos would like to play four or five more years of top-level football before retiring, according to an interview he gave to Prime Video.The 36-year-old Ramos joined PSG in July...
Bangladesh pace bowler Khaled Ahmed has been fined for throwing a ball at a South African batsman during the second Test in Gqeberha, the International Cricket Council said Tuesday, reports AFP.The incident happened in the 95th over of South Africa's...
Mominul Haque's team were riding high on confidence following their maiden Test win over New Zealand in Mount Maunganui and their maiden ODI series win over South Africa, but the hosts brought them down to earth in the Test series,...
Grand Master Enamul Hossain Razib of SAIF Sporting Club emerged unbeaten champion in the Walton International Rating Chess Tournament that concluded on Tuesday at the Bangladesh Chess Federation hallroom in the city, reports UNB.Grand Master Ziaur Rahman of Bangladesh Police...
Board meetingsUsmania Glass Sheet Factory Ltd: A board meeting of the company will be held on April 18, 2022 at 3:00 PM to consider, among others, un-audited financial statements of the company for the third quarter period ended March 31,...
IFIC Bank Limited has achieved internationally recognized ISO 27001:2013 certification for its Information Security Management System (ISMS). Shoriful Islam, Head of Business Assurance, Intertek Bangladesh, handed over the certificate to Md. Monitur Rahman, Deputy Managing Director & Chief of Information...
LafargeHolcim Bangladesh Limited has inaugurated its new Concrete Innovation & Application Centre (CIAC) Laboratory in Niketon, Dhaka recently. Rajesh K Surana, Chief Executive Officer of the company, inaugurated the laboratory in presence of renowned consultants and engineers of the country....
Al-Arafah Islami Bank, in collaboration with Mastercard, announced the launch of contactless debit and prepaid cards at a city hotel Tuesday. Md. Mezbaul Haque, General Manager, Payment Systems Department, Bangladesh Bank, was present as the chief guest and Vikas Varma,...
Mr. Shafiuzzaman has recently been promoted to the post of Additional Managing Director of Bank Asia Limited. Prior to the promotion, he was Deputy Managing Director of the Bank. Mr. Shafiuzzaman is Chief Credit Officer of Bank Asia and overseeing...
BRAC Bank has launched Quick Response (QR)-based transactions through the mobile app 'ASTHA' to provide its customers with the convenience of daily transactions. It lets users scan a BRAC Bank QR or other banks' QR displayed by the merchant points...
FE REPORT | 2022-04-13 00:00:00
LankaBangla Finance posted an over 31 per cent increase in its earnings per share (EPS) for the year ended on December 31, 2021 because of a surge in net capital market investment income.In a filing with the Dhaka Stock Exchange...
FE REPORT | 2022-04-13 00:00:00
The stock market regulator has approved the proposal of qualified investor offer (QIO) of Bangladesh Paints Ltd which will raise Tk 120 million from the capital market.The approval came on Tuesday at a meeting held at the office of the...
FE REPORT | 2022-04-13 00:00:00
Stocks tumbled on Tuesday, with the key index of Dhaka Stock Exchange (DSE) falling below the 6,600-mark after one-month, as jittery investors sold shares to avoid further losses.DSEX, the prime index of the DSE, slid 64.49 points or 0.97 per...
US grain futures rose on Tuesday, with wheat rallying to its strongest level in nearly three weeks and corn near a five-week high on persistent concerns over the Russia-Ukraine conflict that continues to disrupt Black Sea exports, reports Reuters.As Black...
LONDON, Apr 12 (Reuters): Gold prices held steady on Tuesday as investors braced for likely hot US inflation data that would consolidate bets of aggressive measures from the Federal Reserve to tame pricing pressures.Spot gold ticked 0.1 per cent higher...
LONDON, Apr 12 (AFP): British airline EasyJet on Tuesday forecast its flight bookings to return to pre-Covid levels this summer, guiding it towards a lower-than-expected loss.The global aviation sector was ravaged by the coronavirus crisis as authorities rushed to contain...
TOKYO, Apr 12 (Reuters): An international liquefied natural gas (LNG) body has appealed to governments to help mitigate fuel price spikes and promote new LNG developments to secure a stable global supply."This is the first time the International Group of...
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