Workers protest layoffs, factory closure
Nazimuddin ShyamolUnrest has been prevailing at the Chittagong Export Processing Zone (CEPZ) in the port city, with workers staging protests following the termination of their colleagues at several factories.Around 2,000 workers from Excelsior Shoes Limited blocked the busy Shah Amanat International Airport Road near the CEPZ on Monday morning, protesting...
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Gold slips as investors opt for dollar
Gold prices fell on Monday as investors opted for the dollar as a safe haven after sweeping US tariffs raised fears of a global recession, reports Reuters.Analysts, however, remained bullish on bullion given the challenging economic conditions.Spot gold was down 0.2% at $3,030.69 an ounce as of 09:01 a.m. ET...
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Oil tumbles as US-China trade war fuels recession fears
LONDON, Apr 7 (Reuters): Oil prices extended losses on Monday, falling around 2% as escalating trade tensions between the United States and China stoked fears of a recession that would reduce demand for oil, while OPEC+ readies a supply increase.Brent futures were down $1.17, or 1.78%, to $64.41 per barrel...
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Coffee, cocoa, sugar slide as Trump tariff turmoil continues
LONDON, Apr 7 (Reuters): Coffee, cocoa and sugar futures traded on ICE slid on Monday as investors continue to fret about recession risks, with US president Donald Trump showing little sign of backing down from sweeping trade tariffs.Trump on Sunday said countries would have to "take their medicine" when asked...
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GLOBAL ISLAMI BANK'S SHARI'AH SUPERVISORY COMMITTEE MEETING HELD
GLOBAL ISLAMI BANK'S SHARI'AH SUPERVISORY COMMITTEE MEETING HELDThe 19th meeting of Shari'ah Supervisory Committee of Global Islami Bank was held at the bank's Head Office in Dhaka recently. Mufti Mohammad Muhibullahil Baqee, vice chairman of the committee, presided over the session. Committee members Dr Mohammad Abdus Samad (CSAA), Shah Mohammad...
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