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Euro zone manufacturing slips back to contraction

2025-10-02 00:00:00

LONDON, Oct 1 (Reuters): Euro zone manufacturing activity slipped back into contraction in September as new orders fell at their fastest rate in six months, signaling the recovery in the region's industrial sector was fragile, a survey showed on Wednesday.The...

Cotton futures hit six-month low on excess supply

2025-10-02 00:00:00

ICE cotton futures fell more than 1 per cent to a six-month low on Wednesday, hurt by concerns of excess supply, while weaker sentiment from the grains market also spilled into the natural fiber, reports Reuters.Cotton contracts for December fell...

Walmart to phase out synthetic dyes across all private-label food brands

2025-10-02 00:00:00

Walmart said on Wednesday it would remove synthetic dyes from its US private-label foods, including the Great Value and bettergoods brands, by January 2027, joining several other companies amid pressure from the Trump administration, reports Reuters.Major packaged food makers, including...

Asia markets trade mixed after US govt shuts down

2025-10-02 00:00:00

Asia-Pacific markets were mixed Wednesday, following gains on Wall Street as investors appeared unperturbed by the US government shutdown, reports CNBC.Japan's Nikkei 225 sunk 0.85% to close at 44,550.85, marking its fourth straight day of losses, while the broad-based Topix...

Foreign investors pull $2.7b from Indian stocks in Sept

2025-10-02 00:00:00

Foreign portfolio investors (FPIs) withdrew $2.7 billion from Indian equities in September, extending their selling streak for a third straight month and putting 2025 on course for record foreign withdrawals, data from the National Securities Depository showed, reports Reuters.So far...

Asia draws $100b in capital as investors diversify beyond US

2025-10-02 00:00:00

SINGAPORE, Oct 1 (Reuters): Asia excluding China has attracted about $100 billion in capital inflows over the past nine months as global investors diversify beyond the United States, Kevin Sneader, Goldman Sachs' president for Asia-Pacific ex-Japan, said on Wednesday.Japan has...

Electric aircraft maker Beta Tech files for US IPO

2025-10-02 00:00:00

Electric aircraft maker Beta Technologies filed for an initial public offering in the United States on Monday, the latest company to join the rush to tap a record-breaking bull run in the equity market, reports Reuters.Easing trade tensions, robust stock...

BRAC Bank gets green light for Tk 10b social bond

2025-10-02 00:00:00

BRAC Bank has secured approval from the Bangladesh Securities and Exchange Commission and Bangladesh Bank to issue the country's first-ever Social Subordinated Bond, valued at Tk 10 billion. The landmark issuance of the 'BRAC Bank Social Subordinated Bond' will strengthen...

Regulator outlines measures to protect retail investors in bank merger

MOHAMMAD MUFAZZAL | 2025-10-02 00:00:00

The securities regulator wants the new entity-set to emerge from the merger of five troubled Islamic banks-to issue shares to all existing general shareholders, based on the banks' sale value.Talking to The FE, representatives of the Bangladesh Securities and Exchange...

African exports face immediate damage from lapse of US trade initiative

2025-10-02 00:00:00

NAIROBI/JOHANNESBURG, Oct 1 (Reuters): The lapse of a flagship US trade initiative with Africa that expired overnight is putting scores of businesses on the continent and hundreds of thousands of jobs at risk, raising fears that even a promised extension...

Airbus walks political tightrope with US, China expansion

2025-10-02 00:00:00

WASHINGTON/PARIS, Oct 1 (Reuters): Airbus is set to inaugurate a second US assembly line on Oct 13, followed by expansion of a similar facility in China several days later, in back-to-back ceremonies designed to avoid falling foul of a tricky...

Ukraine raises projection for winter wheat area, boosting export prospects

2025-10-02 00:00:00

KYIV, Oct 1 (Reuters): Ukraine's economy ministry has increased its projection for the country's winter wheat sowing area by 9 per cent, the deputy economy minister says, improving prospects for a boost to exports needed to help fund its defence...

Depleted LME zinc stocks may need a Chinese booster

2025-10-02 00:00:00

LONDON, Oct 1 (Reuters): The zinc market has just woken up to the fact that London Metal Exchange inventory is now so depleted it would cover less than a day's worth of global consumption.LME time-spreads have turned volatile and the...

EU to slash steel import quotas, hike tariffs to 50pc

2025-10-02 00:00:00

BRUSSELS, Oct 1 (Reuters): The European Commission will propose cutting steel import quotas by nearly half and hiking duties on volumes above those levels to 50 per cent in line with tariffs imposed by the US and Canada, two sources...

Gold hits record high __

2025-10-02 00:00:00

Gold prices hit a record high on Wednesday, supported by safe-haven demand as the US government shut down most operations, while growing expectations of a cut to US interest rates added to the metal's appeal, reports Reuters.Spot gold gained 0.8...

Oil pauses as markets assess OPEC+ plans, demand concerns

2025-10-02 00:00:00

LONDON, Oct 1 (Reuters): Oil prices steadied on Wednesday after falling for two days as investors weighed OPEC+ plans for a larger output hike next month, while data from the US and Asia showed signs of demand waning.Brent crude futures...

India back in Test mode as West Indies seek turnaround

2025-10-02 00:00:00

AHMEDABAD, India, Oct 01 (AFP): Shubman Gill's India will be heavy favourites when they play a home two-Test series starting Thursday against a West Indies side struggling with injuries and a pale shadow of the team that once dominated cricket.The...

Australia ease to six-wkt win in first New Zealand T20I

2025-10-02 00:00:00

MOUNT MAUNGANUI, New Zealand, Oct 01 (AFP): An unbeaten maiden century by New Zealand's Tim Robinson wasn't enough to deny Australia a comfortable six-wicket win in the opening Twenty20 at Bay Oval on Wednesday.Captain Mitchell Marsh led Australia's chase with...

Sinner crushes Tien to claim China Open title

2025-10-02 00:00:00

BEIJING, Oct 1 (Reuters): Jannik Sinner was back to his best in a 6-2 6-2 victory over American teenager Learner Tien in Wednesday's China Open final, as the world number two picked up his third title of the year and...

Bangladesh captain Jaker Ali and Afghanistan captain Rashid Khan pose

2025-10-02 00:00:00

Bangladesh captain Jaker Ali and Afghanistan captain Rashid Khan pose with the three-match T20I series trophy in the city on Wednesday, ahead of their first match today (Thursday)- BCB

16 candidates drop out of BCB polls amid claims of 'naked govt interference'

2025-10-02 00:00:00

Many candidates vying for director posts in the Bangladesh Cricket Board (BCB) elections are set to be elected unopposed. Out of 50 people who filed nomination papers, 16 have withdrawn their candidacies. Out of 30 in the club category, 13...

'Stop election-fixing before talking about match-fixing': Tamim

2025-10-02 00:00:00

Clad in a mustard-coloured panjabi, former Bangladesh captain Tamim Iqbal walked up to the dais to address the media on the last day for candidates to withdraw from the upcoming Bangladesh Cricket Board (BCB) elections, reports bdnews24.com.With a smile on...

FBI director gave NZ officials illegal firearms

2025-10-02 00:00:00

SYDNEY, Oct 01 (AFP): FBI Director Kash Patel gifted New Zealand officials illegal firearms during his visit to the country earlier this year, authorities said Wednesday.Patel visited New Zealand in July to open a permanent intelligence office and met with...

Kabila to die for war crimes

2025-10-02 00:00:00

KINSHASA, Oct 01 (BBC): Former Democratic Republic of Congo President Joseph Kabila has been sentenced to death in absentia for war crimes and treason. The charges concern accusations that Kabila has been supporting the M23, a rebel group who have...

General strike in Greece over 13-hour workday plans

2025-10-02 00:00:00

ATHENS, Oct 01 (AFP): Greece will grind to a halt on Wednesday in a 24-hour general strike against plans by the conservative government to introduce a 13-hour workday.Transport in Athens, trains and ferry services will be disrupted while teachers, hospital...

EU leaders discuss defence augment

2025-10-02 00:00:00

COPENHAGEN, Oct 01 (AFP): EU leaders was set to discuss bolstering Europe's defences and Ukraine's financial firepower at a Wednesday summit in Denmark, where mysterious drone flights have ramped up fears about the threat from Russia.Thousands of police are on...

Iran approves bill

2025-10-02 00:00:00

TEHRAN, Oct 01 (AFP): Iranian authorities on Wednesday approved a bill toughening penalties for those convicted of spying on behalf of Israel and the United States, months after the 12-day war between the foes.The bill was presented to parliament on...

Pope criticises 'inhuman' treatment of immigrants in US

2025-10-02 00:00:00

VATICAN, Oct 01 (Reuters): Pope Leo on Tuesday appeared to offer his strongest criticism yet of US President Donald Trump's hard-line immigration policies, questioning whether they were in line with the Catholic Church's pro-life teachings."Someone who says I am against...

Israel issues 'last' warning for Gazans to flee

2025-10-02 00:00:00

NUSEIRAT, Oct 01 (AFP): Israel's defence minister issued a final warning for Gaza City residents to flee south on Wednesday, as Hamas weighed US President Donald Trump's plan to end nearly two years of war in the Palestinian territory.Witnesses reported...

Ensuring road safety

2025-10-02 00:00:00

Road accidents are a leading cause of premature death. A perfectly healthy person may suddenly lose her/his life due to a catastrophic event on a road or highway. A head-on collision between vehicles, a pedestrian being struck by a car,...