Global Business

Global Business

11 conditions made mandatory for trade through Benapole port

Beanpole customs also listed 12 types of imported goods that should go through physical inspection

1h ago

US Fed's December rate cut should be its last for now: official

The US central bank voted 11-to-1 in favor of cutting rates by a quarter of a percentage point at the meeting on December 17 and 18, reducing the bank's key lending rate to between 4.25 and 4.50 percent despite an uptick in inflation

8h ago

Taiwan chip giant TSMC says 2024 revenue rose 33.9%

Net revenue rose 33.9 percent to NT$2.9 trillion ($87.8 billion), the company said in a statement, ahead of the release of its complete earnings report next week.

8h ago

US hiring beats expectations in December to cap solid year

Hiring in the world's biggest economy stood at 256,000 last month, up from a revised 212,000 in November, the Labor Department said.

9h ago

Feud over container handling rates disrupts Ctg port operations

Disputes between berth operators and shipping agents slow handling at six jetties

2d ago

Humankind’s Comparative Advantage

A seeker at an early age, Yuval Noah Harari has written about human evolution as a philosopher and historian.

2d ago

Asian markets drop as trades fret over US inflation, rates outlook

Sentiment was also clouded by data showing that Chinese consumer inflation remained almost non-existent despite a raft of stimulus measures in the final three months of last year.

2d ago

China inflation hits nine-month low in December

For the whole of 2024 prices were up 0.2 percent, the same as the previous year.

2d ago

US fines Apple and Goldman Sachs over Apple Card

Apple failed to send tens of thousands of customer disputes about credit card transactions to Goldman Sachs, and when it did the bank did not follow federal requirements for investigating claims, the bureau said

2m ago

Boeing workers reject contract, extend strike: union

64 percent of the members of the International Association of Machinists and Aerospace Workers District 751 rejected the contract, the union said on X

2m ago

Rights advocates criticise fashion brands for failure to protect labour rights in Bangladesh

The Clean Clothes Campaign urges brands to take swift action

2m ago

US remains engine of global growth in latest IMF forecasts

IMF raised its 2024 and 2025 economic growth forecasts for the US - the only developed economy to see its outlook marked up for both years

2m ago

IMF lowers China 2024 growth forecast, warns property woes 'could worsen'

China's leaders are targeting annual growth of five percent this year -- a goal challenged by weak consumption and a prolonged and debilitating debt crisis in the colossal property sector

2m ago

US unveils funding for chip industry firm in battleground Michigan

The latest $325 million in proposed funds under the CHIPS and Science Act -- a package of incentives to boost research and US semiconductor production -- goes towards polysilicon manufacturer Hemlock Semiconductor

2m ago

Britain seeking EU trade reset: minister

Trade minister Douglas Alexander said Britain's 2016 vote to leave the EU caused "significant disruption" to its trade policy and the country needed to recalibrate its global trade outlook

2m ago

Trade through Benapole to remain suspended for 4 days until Oct 24

The suspension was imposed, as Indian minister will open a terminal at Petrapole on October 24

2m ago

LafargeHolcim sees drop in sales, profit

Sales fell 2% while profit 45%

2m ago

India's garment exports surge 17.3% in September amid Bangladesh crisis: report

The growth comes despite global challenges such as inflation and supply chain disruptions, which have impacted other major garment-exporting nations, the report states

2m ago