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

Britain faces food shortages in no-deal Brexit scenario, industry body says

LONDON, Aug 07 (Reuters): Britain will experience shortages of some fresh foods for weeks or even months if a disorderly no-deal Brexit leaves perishable produce rotting in lorries at ports, Britain's food and drink lobby warned on Wednesday.Retailers such as Tesco have warned that leaving the European Union (EU) on...

Md Rafiqul Alam launching a day-long voluntary blood donation programme

Managing Director of BASIC Bank Limited Md Rafiqul Alam launching a day-long voluntary blood donation programme at the bank's head office in Dhaka on Wednesday marking the National Mourning Day

British Airways cancels flights following IT failure

LONDON, Aug 07 (AFP): British Airways (BA) was forced to cancel around 100 flights to and from London on Wednesday after it suffered "a systems issue".Reports suggested at least 18,000 passengers were grounded after the services in and out of Gatwick and Heathrow -- Britain's busiest airports -- were cancelled.More...

Oil prices fall new seven-month low

LONDON, Aug 07 (Reuters): Oil prices fell further on Wednesday, extending recent heavy losses as deepening US-China trade tensions weighed on the outlook for the global economy and energy demand.Brent crude futures LCOc1 were down 40 cents or nearly 0.7per cent at $58.54 a barrel by 1025 GMT, setting a...

Gold scales six-year peak on trade jitters

BENGALURU, Aug 07 (Reuters): Gold scaled a six-year peak on Wednesday to within striking distance of $1,500 as investors continued to pile into safe havens to hedge against heightened US-China trade tensions.Spot gold was up 0.9per cent at $1,487.28 per ounce at 0955 GMT. It rose as much as 1.1per...

Japan LNG buyers talk tough

TOKYO/SINGAPORE, Aug 07 (Reuters): An inexorable decline in spot market prices for liquefied natural gas (LNG) is pushing utilities in Japan to be more aggressive in price reviews built into traditional long-term contracts linked to oil prices, lawyers and analysts said.The utilities are also looking to buy more LNG on...

Venezuela talks in balance as both sides try to agree on common path

BOGOTA, Aug 07 (AP): For weeks, representatives of Venezuelan President Nicolas Maduro and his would-be successor, opposition leader Juan Guaide;, have been shuttling back and forth to Barbados trying to agree on a common path out of the country's prolonged political standoff.The meetings have been slow-going and shrouded in mystery,...

HK faces worst crisis since handover, says Beijing

Zhang Xiaoming HONG KONG, Aug 07 (Reuters): Hong Kong is facing its worst crisis since it returned from British to Chinese rule in 1997, the head of China's Hong Kong and Macau Affairs office said on Wednesday, as more anti-government protests rocked the Asian financial hub."Hong Kong's crisis ... has...

Sushma Swaraj dies at 67

NEW DELHI, Aug 07 (AP): Sushma Swaraj, India's former external affairs minister and a leader of the ruling Hindu nationalist Bharatiya Janata Party, died Tuesday at a hospital in New Delhi. She was 67.Swaraj died of a heart attack and was rushed to the emergency ward of All India Institute...

N Korean missile launches warning to US, South: Kim

SEOUL, Aug 07 (AP): North Korea said Wednesday leader Kim Jong Un supervised a live-fire demonstration of newly developed, short-range ballistic missiles intended to send a warning to the United States and South Korea over their joint military exercises.The official Korean Central News Agency said two missiles launched from a...

Scientists grow bioengineered mini human livers to study therapies

WASHINGTON, Aug 07 (Xinhua): Scientists in the United States for the first time grew genetically modified miniature human livers to test therapeutics for human liver diseases.The study published Tuesday in the journal Cell Metabolism showed how they transformed human stem cells into functional, 3D liver tissue that mimics non-alcoholic fatty...

Bureaucrat loses landmark case over tweets in Australia

SYDNEY, Aug 07 (BBC): Australia's highest court has made a landmark ruling that a public servant was lawfully sacked for writing tweets which criticised government policies.Michaela Banerji was fired in 2013 for her criticisms - expressed under a pseudonym - of the nation's controversial immigration programmes.The court rejected her claim...

Car bomb kills five in Syria

BEIRUT, Aug 07 (AFP): A car bombing killed five people, including three children, in a Kurdish-held town in northeast Syria on Wednesday, a war monitor said.The explosive-rigged vehicle detonated in Al-Qahtaniya, a town in Hasakeh province, said the Syrian Observatory for Human Rights, a Britain-based monitor.It said the car bomb...

Car bomb leaves several dead in Kabul

KABUL, Aug 07 (Xinhua): Several people were killed and more than 30 others wounded after a massive car bomb explosion ripped through a busy neighborhood at the western side of Afghanistan's capital of Kabul on Wednesday, a witness said."We heard a huge blast outside a district police station near Shahid...

News in Brief -(08-08-2019)

NZ appoints new heads of electoral commissionWELLINGTON, Aug 07: New Zealand's Minister of Justice Andrew Little announced on Wednesday that former Cabinet Secretary and Privacy Commissioner Marie Shroff has been appointed as the next chair of the electoral commission. The electoral commission is the agency responsible for all areas of...