Global Business

Global Business

OPEC+ slated to increase oil output in bid to regain market share

The anticipated output increase by the group of eight oil-producing countries known as the "Voluntary Eight" (V8), would be the latest in a series of hikes that began in April

4h ago

Effective tariff for RMG exports to US climbs to 36.5%: BGMEA

The tariff will be a bit less if 20% of the cotton used in garment production is sourced from the USA

23h ago

Trump stakes reputation as dealmaker with tariff policy

How donald trump’s protectionist tariff policy is being put to the test

1d ago

Breakdown of US tariff rates by country

The order, according to Reuters, lists higher import duty rates ranging from 10 percent to 41 percent for 69 trading partners

2d ago

Trump's tariffs: What has changed and who is affected

President Donald Trump unveiled an array of import levies that ranged as high as 41 percent on Syria and included a hike on Canadian imports from the current 25 percent to 35 percent

2d ago

US cuts tariffs on Bangladesh to 20% after talks

The deal for Dhaka was secured just hours before a midnight deadline set by President Donald Trump

2d ago

Trump gives Mexico 90-day tariff reprieve as deadline for higher duties looms

Approximately 85% of Mexican exports comply with the rules of origin outlined in the USMCA

2d ago

Renata launches hormone disorder drug Cabergoline in France, Nordic countries

The drug is also prescribed for Parkinson's disease

2d ago

Eurozone inflation eases in March as tariff threat looms

Inflation reached 2.2 percent, calmed by an easing of energy tariffs,prices in the services sector

4m ago

'Tariff man': Trump's long history with trade wars

"To me, the most beautiful word in the dictionary is 'tariff,'" Trump repeatedly said on the campaign trail for the 2024 election.

4m ago

US tariffs causing anxiety but no 'dramatic' economic impact: IMF chief

The IMF has conducted research showing that uncertainty around trade can have a negative impact on the economy and hold back growth.

4m ago

Japan to regulate Google, Apple, itunes under new smartphone law

Google will be prohibited from displaying its own related services in search results in preference to similar services from other companies.

4m ago

US tariffs on Vietnam would be a blow to Nike and other sportswear brands

Vietnam, which runs a $123.5 billion trade surplus with the United States, is a prime target.

4m ago

Gold climbs on safe-haven demand ahead of US reciprocal tariffs

Bullion touched an all-time high of $3,148.88 on Tuesday.

4m ago

Asian markets edge up but uncertainty rules ahead of Trump tariffs

Equities have been battered leading up to the US president's announcement -- which he has dubbed "Liberation Day" -- with warnings that friend and foe are in the crosshairs after what he says is years of "ripping off" the United States.

4m ago

UK economy slightly stronger than expected in 2024

Gross domestic product expanded 1.1 percent in 2024, up from an initial estimate of 0.9 percent, the Office for National Statistics (ONS) said in a statement.

4m ago

US auto industry stunned by tariffs meant to save it

While the implementation of the tariffs had been anticipated for weeks, their details surprised manufacturers and experts as the levies will not only apply to imports of finished vehicles but parts as well.

4m ago

Poor navigability hits Payra Port though Tk 6,500cr spent on dredging

Mother vessels can no longer berth directly at Payra

4m ago