Finance News: Latest Financial News, Finance News today in Bangladesh

Oil prices tick up after steep losses in previous session

LONDON, Nov 13 (Reuters): Oil prices edged up on Thursday, taking a break after major losses in the previous session, as investors weighed concerns about global oversupply with looming sanctions against Russia's Lukoil.Brent crude futures rose 32 cents to $63.03 a barrel by 1130 GMT, after dropping 3.8 per cent...

Cyclist Ujjal completes expedition in the Himalayas

Cyclist Arifur Rahman Ujjal has successfully completed an extraordinary expedition, cycling through three of the most famous and challenging trails in the Nepalese Himalayas. The expedition, named Duranta Himalaya Expedition, was sponsored by Duranta Bicycle, the leading bicycle brand in Bangladesh, says a press statement.During this nearly two-month-long expedition, he...

US House report accuses China of minerals mkt interference

China for decades has sought to manipulate global critical minerals prices, using its control as an economic weapon to expand its manufacturing sector and its geopolitical influence, a US House of Representatives committee said on Wednesday, reports Reuters.The allegations, contained in a 50-page report from the bipartisan US House Select...

Gold hits more than 3-week high

Gold prices rose on Thursday to a more than three-week high on expectations the US government reopening would increase debt levels, while publication of delayed US economic data could provide more clarity on Federal Reserve interest rate policy, reports Reuters.Spot gold gained 0.7 per cent to $4,229.19 per ounce, as...

New committee of Sonargaon Hotel Sromik Union

Dulal Chandra Mazumder has been elected the president of Sonargaon Hotel Sromik-O-Karmachari Union (SHSOKU) and Md. Shah Alam its general secretary.The election to the 17-member Executive Committee of SHSOKU was held at Sonargaon Hotel recently.A total of 38 candidates from two panels -- Dulal-Alam Parishad and Azam-Saiful Parishad -- contested...

UTTARA BANK SIGNS MOU WITH NATIONAL PENSION AUTHORITY

Uttara Bank PLC signed a Memorandum of Understanding (MoU) with the National Pension Authority at the conference room of the Finance Ministry at Secretariat in Dhaka on Wednesday. Md Mohiuddin Khan, Executive Chairman of National Pension Authority, and Md. Abul Hashem, Managing Director & CEO of Uttara Bank, signed the...

Janata Bank Training course on SWIFT MX Migration in Khulna

Deputy Managing Director of Janata Bank PLC Md. Golam Mortuza inaugurated a daylong training course titled 'SWIFT ISO 20022 (MX) Migration: Introducing pacs.008 & pacs.009', organised by Overseas Banking Department of the bank at Janata Bank Divisional Office in Khulna recently. A total of 20 officers of Janata Bank participated...

BATA LAUNCHES 'SNEAKERS FOR ALL' CAMPAIGN

Bata Bangladesh has recently launched its 'Sneakers for All' campaign, bringing together globally renowned sneaker brands under one roof to celebrate the comfort and style that define today's lifestyle. This marks the fifth edition of Bata's sneaker fest, continuing the brand's tradition of catering to the growing popularity and demand...

Singapore Airlines profit drop deepens on Air India losses

Singapore Airlines on Thursday reported a sharp fall in first-half profit, hit by losses at its Indian associate Air India, higher costs and intensifying competition, reports Reuters.The airline's profit slid steeply in the second quarter to S$52 million ($40.18 million) from S$186 million in the first quarter, highlighting Air India's...