Global Business

Global Business

Bangladesh-Pakistan trade yet to reach expected level

DCCI president says at meeting with the Federation of Pakistan Chambers of Commerce and Industry

11h ago

Global electric car sales rose by 25% in 2024

A record 17.1 million battery electric vehicles (excluding plug-in hybrids) were sold last year across the world, according to figures compiled by the firm.

14h ago

Analysis / Trump's return threatens resurgence of trade wars

Even before taking office, Trump has raised the prospect of fresh levies on companies, countries and groups of states as he seeks to implement his agenda

14h ago

FICCI expresses concern over hikes in tax, SD

Increased costs of doing business could weaken operational capacity, the chamber said

1d ago

India allows transit for heavier Nepali cargo to Bangladesh

Under Indian road transport regulations, the limits are set at 18.5 tonnes for two-axle vehicles and 28 tonnes for three-axle vehicles

1d ago

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.

2d 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.

2d 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

3d ago

Central banks face 'difficult balancing act': IMF chief

Central banks face a "difficult balancing act" as they start lowering interest rates around the world in the face of falling inflation, the head of the IMF said Friday

3m ago

Rate cut could lift consumer spirits before US elections

The US Federal Reserve's decision to cut interest rates by half a percentage point gives consumers a much-needed psychological boost ahead of November's presidential election.

3m ago

What does a Fed rate cut mean for the economy and consumers?

The Federal Reserve cut US short-term borrowing costs on Wednesday by a bigger-than-usual half percentage point, a watershed moment that should start to ease some of the financial pressures everyday consumers have felt

3m ago

After jumbo Fed rate cut, market hopes ride on US soft landing

One of the most consequential Federal Reserve meetings in recent history has put investors’ focus squarely on one question: whether the central bank has kicked off its rate cutting cycle in time to keep the economy from slowing too rapidly.

3m ago

China urges more economic cooperation with UK

China is ready to boost economic ties with the United Kingdom, Vice Premier He Lifeng said Wednesday, state media reported, as part of a diplomatic thaw following years of frosty relations

3m ago

Cash-strapped Sri Lanka eyes China development

Sri Lanka's economic collapse was partly blamed on struggling high-debt Chinese mega-projects, but candidates in Saturday's presidential election are banking on at least one of them to buck the trend

3m ago

US retail sales see slight rise, beating expectations

US consumer spending rose only slightly in August, government data showed Tuesday, with consumers appearing to shift towards essentials in the face of high interest rates

3m ago

As Fed cuts loom, health of US economy could determine markets' path

How stocks, bonds and the dollar perform after the Federal Reserve kicks off its rate-cutting cycle could depend on one factor more than most: the health of the US economy.

3m ago

Intel delays Germany, Poland chip factories for two years

Chip-making giant Intel on Monday said it was delaying its plans to build two mega chip-making factories in Germany and Poland as the company faces lower demand than anticipated.

3m ago

India accuses Samsung, Xiaomi of colluding with Amazon, Flipkart

Samsung, Xiaomi and other smartphone companies colluded with Amazon and Walmart's Flipkart to exclusively launch products on the e-commerce firms' Indian websites in breach of antitrust laws, according to regulatory reports seen by Reuters.

4m ago