Global Business

Global Business

Climate action not a burden, but an opportunity for businesses: energy adviser

Bangladesh Apparel Exchange organised the second edition of Bangladesh Climate Action Forum 2024 today

20h ago

Chinese electric car companies cope with European tariffs

MG, an historic British company that is now a subsidiary of Shanghai SAIC, now faces EU duties of 35.3 percent

1d ago

Oil prices rise on US storm, fears of Israel-Iran conflict

US President Joe Biden spoke with Israeli Prime Minister Benjamin Netanyahu about Israel's plans concerning Iran in a 30-minute call on Wednesday that the White House described as "direct and very productive"

1d ago

German govt sees economy shrinking again in 2024

Output is expected to shrink by 0.2 percent in 2024, the economy ministry said in a statement

1d ago

China opens $71 bn 'swap facility' to boost markets

The news lit a fire under mainland and Hong Kong equities on renewed hopes that officials would finally get a grip on the issues that have dogged the economy for years

1d ago

Merchant marine officers’ body demands overall reform in maritime sector

Bangladesh Merchant Marine Officers’ Association made the call in a press briefing

1d ago

Analysis / Neither precedent nor Trump can save Big Tech

After losing a jury trial against game store Epic Games in December, a judge has now ruled that Google must open a key piece of its Android smartphone operating system

1d ago

Exports grow 5% in Jul-Sep

Bangladesh shipped $11.37 billion worth of merchandise in the first quarter

1d ago

China to outline fiscal policy as traders await action

The news comes after traders on the mainland and in Hong Kong were left disappointed by a news conference Tuesday in which officials failed to unveil any new stimulus and provided scant detail on its plans for implementing the raft measures already flagged

1d ago

India central bank leaves interest rates unchanged

Central bank governor Shaktikanta Das said the bank would remain "unambiguously focused" on aligning inflation with its target while still supporting growth.

2d ago

Oil prices steady after sliding on potential Israel-Hezbollah ceasefire

Brent crude futures rose 22 cents, or 0.3 percent, to $77.4 a barrel by 0349 GMT

2d ago

China says raised 'serious concerns' with US over trade curbs

Chinese Commerce Minister Wang Wentao's call with US Commerce Secretary Gina Raimondo was described by Beijing as "candid, in-depth and pragmatic".

2d ago

The US economy is solid: Why are voters gloomy?

Despite indicators showing the US economy is moving in a healthy direction, many Americans remain pessimistic about business and job prospects -- a mood that poses a frustrating problem for Vice President Kamala Harris in her neck-and-neck race with Donald Trump for the White House

2d ago

China holds off on fresh stimulus but 'confident' will hit growth target

Beijing has struggled to reignite business activity as officials target around five percent expansion, which analysts say is optimistic given the numerous headwinds, from a prolonged housing crisis to sluggish consumption and local government debt

3d ago

Samsung Electronics apologises for disappointing profit as it struggles in AI chips

The comments illustrate the challenges facing the company, which has been the world's biggest memory chipmaker for three decades but is battling growing competition

3d ago

Taiwan's Foxconn says building world's largest 'superchip' plant

Foxconn is the world's biggest contract electronics manufacturer and assembles devices for major tech companies, including Apple

3d ago

China’s consumers regain some lost lustre

Amid slowing growth and a property downturn, domestic demand has remained anaemic for much of the year: retail sales rose only 2.1 percent in August, missing analyst forecasts of 2.5 percent

3d ago

Sri Lanka's leftist government secures $200m World Bank loan

The loan announced on Monday, which follows an earlier $500 million World Bank loan after the 2022 economic crash

3d ago