EU, China to participate in Bangladesh Business Summit
European Union (EU) and China have assured the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) that they would participate in the Bangladesh Business Summit-2023 going to be held next month in Dhaka. FBCCI President Md Jashim Uddin received the assurance from Chinese Ambassador to Bangladesh Yao Wen as...
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Three-day pharma expo kicks off in city on Mar 2
The three-day 14th Asia Pharma Expo-2023 will be held on March 02-04 in the city.It will display latest pharmaceutical products, manufacturing and packaging machinery and laboratory supplies from local and international brands.Health and Family Welfare Minister Zahid Maleque will inaugurate the expo as chief guest.Bangladesh Association of Pharmaceutical Industries (BAPI)...
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Walmart pushes back as major product suppliers ask for higher prices
NEW YORK, Feb 10 (Reuters): Walmart Inc (WMT.N) is warning major packaged goods makers that it can no longer stomach their price hikes, pitching its own private-label products to shoppers as less-expensive alternatives to suppliers' name-brand goods.For the world's biggest retailer, which reports earnings Feb. 21, any increase in prices...
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Ackman's Pershing Square reaps $2.7b from rate trade but down 9pc in 2022
LONDON, Feb 10 (Reuters): Billionaire investor William Ackman's Pershing Square fund reaped $2.7 billion on interest rate trades in 2022, but not enough to plug losses and the fund finished the year down almost 9%, according to an investor presentation seen by Reuters.U.S. stock indexes had a dismal 2022 with...
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North American cos notch another record year for robot orders
North American companies struggling to hire workers in the tightest labor market in decades brought on more robots last year than ever before, with many earmarked for new electric vehicle and battery factories under construction, reports Reuters.Demand for robots appears to have slackened near the end of the year, though,...
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