WASHINGTON, Aug 26 (Reuters): The Biden-Harris administration this week is expected to announce final implementation plans for steep tariff increases on certain Chinese imports, and if US industry gets its way, many of the planned duties would be softened.Manufacturers from...
THE HAGUE, Aug 26 (AFP): The Dutch data protection watchdog said Monday it hit ride-hailing app Uber with a 290-million-euro ($324 million) fine over the transfer of personal data of European drivers to US servers.The regulator said the transfers were...
Major stock markets in the Gulf rose in early trade on Monday after Federal Reserve Chair Jerome Powell signalled that the US central bank will most likely cut interest rate in September, reports Reuters.Powell on Friday endorsed an imminent start...
Prime Bank has signed a partnership with premier e-commerce platform, robishop.com.bd. Recently, a signing ceremony was held between these two organisations at the bank's Gulshan Corporate Office. Under the agreement, existing Prime Bank card holders will enjoy EMI facility and...
With interest rate cuts virtually locked in, investors are ramping up their focus on economic data over the next few months as they game out whether the "soft landing" narrative that has helped drive US stocks in 2024 can continue,...
HONG KONG, Aug 26 (AFP): Most Asian equity markets rose with the yen on Monday after US Federal Reserve boss Jerome Powell said "the time has come" to start cutting interest rates, lining up the central bank for a move...
BABUL BARMAN | 2024-08-27 00:00:00
Merchant banks demand a review of the existing public issue rules before much-needed changes to attract good-performing businesses to the capital market.The Bangladesh Merchant Bankers Association (BMBA) has already prepared a set of proposals aimed at overcoming barriers to the...
JACKSON HOLE, Wyoming, Aug 26 (Reuters): Growing signs of lackluster growth and risks emerging to the job market overshadowed a gathering of global policymakers at the US Federal Reserve's annual Jackson Hole conference, highlighting the changing trajectory of monetary policy...
As floodwaters begin to recede in the affected areas of Parshuram, Fulgazi, Chhagalnaiya, and Sadar upazilas of Feni, the prices of essential food items and daily necessities have skyrocketed, reports UNB.A Tk 10 candle is now being sold for Tk...
NAZIMUDDIN SHYAMOL | 2024-08-27 00:00:00
CHATTOGRAM, Aug 26: Traders of Khatunganj and Chaktai commodity hubs in the port city have suffered huge losses as their stocks have been damaged by flash flood.Heavy downpour and tidal surge have caused waterlogging at the commercial hubs, damaging essential...
MONIRA MUNNI | 2024-08-27 00:00:00
Bangladesh is losing up to $5 billion in potential annual export revenue from recycled textile products annually due to the absence of a comprehensive policy framework on circular textile, according to a study.Such a policy could incentivize the industry to...
BEIJING, Aug 26 (Reuters): Iron ore futures prices rebounded on Monday to hit their highest in nearly two weeks, supported by a softer dollar and prospects of steel demand picking up in the coming peak construction season in top consumer...
SINGAPORE/HAMBURG, Aug 26 (Reuters): Chicago corn fell to its lowest in around four years on Monday and soybeans also dropped after a closely watched crop tour of key growing areas forecast bumper US harvests.Wheat fell amid ample world supplies, especially...
KUWAIT, Aug 26 (Reuters): Qatar agreed on Monday to supply Kuwait with 3 million tons per annum (mtpa) of liquefied natural gas (LNG) for 15 years, the second such deal since 2020 as Kuwait imports the fuel to help meet...
Gold held near record highs on Monday, buoyed by a softer dollar and dovish remarks from US Federal Reserve Chair Jerome Powell bolstering expectations of a September interest rate cut, reports Reuters.Spot gold was up 0.6 per cent to $2,526.15...
SINGAPORE, Aug 26 (Reuters): Malaysian palm oil futures climbed for the fourth consecutive day on Monday to close at their highest in one month, on Indonesia's plan to lower its export taxes and further raise its biodiesel blending rates.The benchmark...
LONDON, Aug 26 (Reuters): Oil prices rose nearly 3 per cent on Monday on reports of a near total production stoppage in Libya, adding to earlier gains on concerns that escalating conflict in the Middle East could disrupt regional oil...
An opening batter in club cricket faced 137 balls for 0 not out in a bizarre match on Saturday, according to BBC Sport.Ian Bestwick helped Darley Abbey Cricket Club's 4th XI finish on 21-4 after 45 overs against Mickleover 3rd...
RAWALPINDI, Pakistan, Aug 26 (AFP): Pakistan and Bangladesh have been fined and docked World Test Championship points over slow over rates during the first Test in Rawalpindi, the International Cricket Council (ICC) said Monday.Bangladesh achieved their first victory over Pakistan...
STOCKHOLM, Aug 26 (AFP): Swedish football manager Sven-Goran Eriksson, who coached England from 2001 to 2006, died Monday at the age of 76 after a battle with pancreatic cancer, his agent said."He passed away peacefully this morning with his family...
Real Madrid coach Carlo Ancelotti said he is not concerned about Kylian Mbappé's goal scoring after the forward failed to find the net for a second LaLiga game in a row, reports ESPN.Mbappé joined Madrid on a five-year contract this...
MADRID, Aug 26 (AP): Endrick needed only 10 minutes to make an impression in his debut with Real Madrid.The Brazil teenager replaced Kylian Mbappé late in the match and scored deep into stoppage time to seal Madrid's 3-0 win over...
At a time when Bangladesh is celebrating its first-ever Test win over Pakistan and overall 20th win in the format, record-breaking all-rounder Shakib Al Hasan is standing in a judiciary crossroad - and netizens including his teammates and other celebrities...
Two brilliant saves by substitute goalkeeper Mohammad Asif guided Bangladesh to the final of the SAFF U-20 Championship'2024, eliminating holders India by 4-3 goals in a tiebreaker in Kathmandu on Monday, reports UNB.Bangladesh will face hosts Nepal in the final...
TANGAIL, Aug 26 (BSS): A motorcyclist was killed after being hit by a truck on the Dhaka-Tangail highway in Jokarchar area under ??Kalihati upazila of the district today.The deceased was identified as Sajedul Islam, 45, son of Atatullah Fakir, resident...
FENI, Aug 26 (UNB): As floodwaters begin to recede in the affected areas of Parshuram, Fulgazi, Chhagalnaiya, and Sadar upazilas of Feni, the prices of essential food items and daily necessities have skyrocketed.A Tk 10 candle is now being sold...
OUR CORRESPONDENT | 2024-08-27 00:00:00
SYLHET, Aug 26. Jagannathpur boat market in Sunamganj district is now a buzz of many buyers and traders amid flood in the region.The boat market sits on Noljur river ghat every Sunday and Wednesday (two times in a week).Different types...
KHULNA, Aug 26 (UNB): The low lying areas of Deluti union in Paikgacha upazila of Khulna have been submerged due to the collapse of an embankment, leaving 15,000 people stranded.A number of fish enclosures were washed away while a vast...
OUR CORRESPONDENT | 2024-08-27 00:00:00
BENAPOLE, Aug 26: A five kilometre stretch of the Jashore-Khulna highway in Benapole has become impassable with the bitumen cover starting to come off and potholes developing in its various places. Several thousand vehicles cross the Nawapara industrial belt stretch...
Light to moderate rain/thunder showers accompanied by temporary gusty/squally wind is likely to occur at many places over Dhaka, Rajshahi, Khulna, Barishal and Chattogram divisions and at a few places over Rangpur, Mymensingh and Sylhet divisions with moderately heavy to...
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