FE Today Logo
Search date: 01-03-2018 Return to current date: Click here

US fresh tariff on Chinese aluminum angers Beijing

WASHINGTON, Feb 28 (AFP): The United States (US) on Tuesday upheld tariffs imposed last year on imports of Chinese aluminum foil valued at nearly $400 million a year, angering Beijing which vowed to hit back.The decision intensified the mounting trade confrontation between Beijing and Washington, which is considering far-reaching duties...

Read more

Ryanair axes 20 routes and its base at Glasgow Airport

EDINBURGH, Feb 28 (Reuters): The budget airline Ryanair has claimed hundreds of jobs are under threat as it blamed the Scottish Government for its decision to close its base at Glasgow Airport.The number of routes operated from the airport will be cut from 23 to three, with five being transferred...

Read more

Oil struggles to stay in positive territory

LONDON, Feb 28 (Reuters): Oil prices struggled to stay in positive territory on Wednesday after data showed industrial activity in some of the world's major crude-consuming nations has softened.May Brent crude futures LCOv1 were up 5.0 cents at $66.57 a barrel by 1005 GMT, while the front-month April contract LCOc1,...

Read more

Gold price steadies after sharp falls

BENGALURU, Feb 28 (Reuters): Gold prices steadied on Wednesday after falling more than 1.0 per cent in the previous session after new Federal Reserve Chairman Jerome Powell's comments suggested the possibility of four US interest rate increases this year rather than three.The dollar hit a three-week high versus a currency...

Read more

SJIBL 261st board meeting

Akkas Uddin Mollah, chairman of the board of directors of Shahjalal Islami Bank Limited (SJIBL), presides over the 261st board meeting of the company at its head office in the city recently. Managing Director Farman R Chowdhury was present, among others.

Read more