BERLIN, Jan 04 (AFP): Sales of new cars in Germany increased in 2023, official data showed Thursday, but an end to government subsidy programmes saw electric vehicles lose ground on fossil-fuel models.A total of 2.8 million new cars hit the...
WASHINGTON, Jan 04 (Reuters): General Motors said on Wednesday it is offering incentives of $7,500 on its electric vehicles that earlier this week lost a US government tax credit, while Ford Motor said it is hiking the prices of some...
HONG KONG, Jan 04 (Reuters): Citigroup Inc is aiming to launch its wholly owned China investment banking unit as early as the end of this year and hire about 30 people for the business, a person with direct knowledge of...
WASHINGTON, Jan 04 (Reuters): The US Commerce Department said on Thursday it plans to award Microchip Technology $162 million in government grants to step up US production of semiconductors and microcontroller units (MCUs) key to the consumer and defence industries.The...
US chip stocks added to a string of losses on Wednesday, with Wall Street's main semiconductor benchmark tumbling from record highs following its strongest year since 2009, when the sector bounced back after the financial crisis, reports Reuters.Drops of over...
SYDNEY, Jan 4 (Reuters): Asia's dealmakers are hoping for a 10 per cent increase in dollar bond issuance in 2024 as interest rates stabilise and companies beef up borrowing to fund capital spending plans, following the weakest year for debt...
Walton Plaza, the country's largest electronics goods sales and service-providing enterprise, has launched a new website with an updated look and improved functionality as a part of its effort of becoming the number one online sales network of electronics products...
Officers of the 98th batch of Rupali Bank PLC greeted the bank's Chairman Kazi Sanaul Haque and Managing Director and Chief Executive Officer (CEO) Md Jahangir at the head office of the bank in Dhaka city recently for the record...
Janata Bank PLC has distributed blankets among cold-stricken and underprivileged people in Rangpur recently. KM Shamsul Alam, director of the bank's board of directors, inaugurated the distribution programme virtually. Rangpur Divisional Office GM Md Anisur Rahman Akand and other bank...
BRAC Bank has signed a payment gateway service agreement with Mongla Port Authority at the port office in Bagerhat's Mongla recently. Rear Admiral Mir Ershad Ali, chairman of the Mongla Port Authority, and Taher Hasan Al Mamun, senior zonal head...
Exim Bank launched a new investment product titled 'Exim Scholars' to provide financial support to students and professionals for higher study abroad. Exim Bank Managing Director and CEO Mohammad Feroz Hossain launched the product as the chief guest at a...
Mutual Trust Bank (MTB) and Green Delta Insurance Company inked a bancassurance agreement on Wednesday at Green Delta's head office. Syed Mahbubur Rahman, managing director and CEO of MTB, and Farzanah Chowdhury, managing director and CEO of Green Delta Insurance...
FE REPORT | 2024-01-05 00:00:00
The securities regulator has sought all-out support from stock brokers and merchant banks to set a comprehensive plan for making the capital market vibrant again after the withdrawal of the floor price.At a meeting held at the office of the...
BABUL BARMAN | 2024-01-05 00:00:00
The key index of Bangladesh's stock market secured a 0.64 per cent gain in 2023, the lowest among its peers, for policies not in sync with reform measures taken globally to overcome impacts of the Russia-Ukraine war. The failure to...
LOS ANGELES, Jan 04 (Reuters): Ocean freight rates are surging after a missile attack and attempted hijacking of a Maersk ship this weekend prompted carriers to suspend plans to restart transits through the Red Sea, a key artery to the...
BENGALURU, Jan 04 (Reuters): The contraction in euro zone business activity continued at the end of 2023 due to a persistent downturn in the dominant services industry, a survey showed on Thursday, indicating the bloc's economy was in recession.HCOB's Composite...
TOKYO, Jan 04 (Reuters): Japan Airlines (JAL) on Thursday said it expected losses of more than $100 million after one of its planes was destroyed when it collided with another aircraft on the runway at Tokyo's Haneda airport this week.All...
BERLIN, Jan 04 (AFP): German emissions were at their lowest point in around 70 years, as Europe's largest economy managed to reduce its dependence on coal faster than expected, a study published Thursday showed.Europe's biggest economy emitted 673 million tonnes...
PARIS, Jan 04 (Reuters): Carrefour is telling customers it will no longer sell PepsiCo products like Pepsi, Lay's crisps and 7up because they had become too costly, in the latest tug-of-war over prices between retailers and global food giants.From Thursday,...
Syed Zulkar Nayen, Head of Business, Eastern Bank PLC. (EBL), and Morin Hossain Talukder, Co-founder and CEO, Pickaboo, one of the leading e-commerce platforms, signed a payroll banking agreement at the bank's head office in Dhaka recently. Under the agreement,...
Bangladesh Development Bank PLC celebrated its 14th founding anniversary in the city on Wednesday. Managing Director and CEO of the bank Md Habibur Rahman Gazi inaugurated the programme by cutting a cake at the bank's head office. Other officials and...
Biman Bangladesh Airlines celebrated its 52nd anniversary by chalking out different programmes at its headquarters at Balaka in the capital on Thursday, reports UNB.In the morning, the Day's programme started with placing a wreath at the portrait of Father of...
FE REPORT | 2024-01-05 00:00:00
The newly elected board of directors of the Electronics Safety and Security Association of Bangladesh (ESSAB) took office at a programme at Gulshan Club recently.Md Niaz Ali Chishty took charge as the new president and Zakir Uddin Ahmed as secretary...
WASHINGTON, Jan 4 (AFP): The World Bank is working to slash how long it takes to get financing projects off the ground as part of a push to speed up and scale up the 79-year-old development lender, its president told...
Southeast Bank PLC has recently organised a programme titled "Security Exchange Visit of Canadian University" at the bank's training institute for students and faculties of the university. The conclusion of the programme was marked by a brief speech on "Corporate...
Ajay Kumar Chakraborty, Additional Secretary, has been appointed as Chairman of Bangladesh Rural Electrification Board (BREB). The Ministry of Public Administration issued a circular to this effect on December 27, says a press release. Ajay Kumar Chakraborty paid tributes to...
Mohammad Manjur Alam, sponsor director of Standard Bank PLC, has been elected Vice Chairman of the bank, says the bank in a statement. He was unanimously elected to the position in the 386th meeting of the board of directors held...
SYDNEY, Jan 04 (AFP): Pakistan captured the key wickets of Australia openers David Warner and Usman Khawaja before rain washed out the second day's play in the third Test in Sydney on Thursday.Marnus Labuschagne was on 23 and Steve Smith...
DUBAI, Jan 04 (PTI): The International Cricket Council (ICC) has effected a notable change in playing conditions, as per which the umpires henceforth will only assess the side-on replays for stumping without considering the caught-behind scenario during the Decision Review...
BRISBANE, Australia, Jan 04 (AFP): Rafael Nadal's comeback from injury gathered pace on Thursday as he cruised into the Brisbane International quarter-finals with an aggressive 6-1, 6-2 drubbing of Australian Jason Kubler.Played in hot and humid conditions on Pat Rafter...
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