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

Oil steady ahead of OPEC+ meeting, EU Russian oil ban

LONDON, Dec 2 (Reuters): Oil futures were broadly stable on Friday, but were poised to end the week up, ahead of a meeting by the Organization of the Petroleum Exporting Countries and its allies (OPEC+) on Sunday and an EU ban on Russian crude oil kicking in on Monday.Brent crude...

Annual Managers' Conference of BHBFC held

The Annual Managers' Conference of Bangladesh House Building Finance Corporation (BHBFC) was held in the capital on Friday. The secretary of Financial Institutions Division (FID) Sheikh Mohammad Salim Ullah inaugurated the opening ceremony of the conference as the chief guest while Prof Md Salim Uddin, the BHBFC board chairman, was...

Gold set for weekly gain

Gold eased into a tight range on Friday as cautious investors positioned for US jobs data, but was still bound for its second straight weekly gain on expectations of a moderation in the pace of US rate hikes, reports Reuters. Spot gold was down 0.2 per cent at $1,799.44 per...

US Congress approves bill to avert major freight rail strike

WASHINGTON, Dec 2 (AFP): The US Congress passed legislation Thursday to avert a freight rail strike that could have been devastating for the economy, intervening to break an impasse between workers and management as the holiday season approaches.The bill, overwhelmingly approved by the Senate Thursday after passing with a bipartisan...

Airbus 2022 target under review after estimated 563 deliveries in Jan-Nov

PARIS, Dec 2 (Reuters): Airbus delivered an estimated 66 jets in November, leaving itself a near-record challenge of 137 in December to meet its 2022 goal, though it has not excluded the possibility of trimming the target, industry sources said.The world's largest planemaker has delivered around 563 planes this year,...

German exports drop again in October

FRANKFURT, Germany, Dec 2 (AFP): German exports fell in October for the second month in a row, official data showed Friday, as high inflation and soaring energy prices weigh on Europe's largest economy.Germany exported 133.5 billion euros' ($140 billion) worth of goods in October, a 0.6-per cent drop on the...

Musk vows interface implants in human brains within six months

SAN FRANCISCO, Dec 2 (AFP): Tech billionaire Elon Musk said on Wednesday one of his companies would in six months be able to implant a device into a human brain that would allow communication with a computer.The interface, produced by Musk's start-up Neuralink, would allow the user to communicate directly...