Global Business

Global Business

WTO favours EU over Indonesia on palm oil restrictions

Indonesia, the world's leading producer of palm oil, in 2019 requested an expert panel review of the EU restrictions.

17h ago

US consumer inflation expectations soar in January on tariff fears

Long-run inflation expectations soared to 3.3 percent, the highest level since June 2008, from 3.0 percent in December.

17h ago

11 conditions made mandatory for trade through Benapole port

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

1d 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

1d 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.

1d 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.

1d ago

Feud over container handling rates disrupts Ctg port operations

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

3d ago

Humankind’s Comparative Advantage

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

3d ago

Samsung says planning job cuts in some Asian operations

The world's largest memory chipmaker is modifying staffing levels in Southeast Asia, Australia, and New Zealand, a company spokesman told AFP, adding that "the adjustments include job cuts"

3m ago

Why oil price yet to ignite on Middle East escalation?

Benchmark oil contract, Brent North Sea crude, has rallied about five dollars this week after Iran's missile attack on Israel -- but remaining around $75 per barrel

3m ago

Non-resident Bangladeshis can now get up to Tk 10 lakh in bank loans

Repayments will be made from the remittances sent home

3m ago

Inflation eases in Sep but still above 9%

The consumer price index stood at 9.92%, down from previous month's 10.49%

3m ago

Govt to buy two cargoes of LNG from spot market

The first consignment will cost Tk 640.15 crore and the second one Tk 649.59 crore

3m ago

AI's next feat will be its descent from the cloud

Google owner Alphabet, Microsoft and Meta Platforms, which owns Instagram and Facebook, are forecast to spend a combined $160 billion in capital expenditures next year,

3m ago

Apple accused by US labor board of imposing illegal workplace rules

The complaint accuses Apple of "interfering with, restraining, and coercing employees in the exercise of" their rights under federal labor law

3m ago

Stock markets slump, oil jumps on Middle East concerns

US and European stocks turned sharply lower after the strikes, which Iran launched in response to the killings of Tehran-backed militant leaders

3m ago

Tariffs risk raising costs for US consumers: IMF chief

"Tariffs are very blunt instruments," Georgieva, managing director of the International Monetary Fund, told CNBC in an interview.

3m ago

Oil extends rally after Iran attack, Hong Kong resumes surge

Both main crude contracts jumped more than five percent at one point Tuesday after Iran fired dozens of missiles at Israel in response to the killings of Tehran-backed militant leaders

3m ago