Global Economy
Apple narrowly beats estimates with boost from iPhone sales
The tech giant saw quarterly revenue of $94.9 billion in the three months ending September 28
US hiring slowest since Biden took office, on strikes, hurricanes
The world's biggest economy added just 12,000 jobs last month, far below expectations and down from a revised 223,000 in September
Outstanding bills: Adani halves power supply to Bangladesh
India’s Adani Power Jharkhand Limited has halved its power supply to Bangladesh, saying it has yet to receive outstanding bills.
US economic growth solid despite slight slowdown
The US economy saw resilient growth in the third quarter despite a modest slowdown according to government data Wednesday, less than a week before inflation-weary voters head into the presidential election.
Anti-Money Laundering / US secret service to train Bangladeshi agencies
60 officials of BFIU, Bangladesh Police, NBR, ACC, BSEC and the Department of Narcotics Control will receive the training
Economy is making a turnaround: finance adviser
Business leaders appreciate the steps taken for the domestic industry
China factory output expands for first time in six months
In October, China's Purchasing Managers' Index (PMI) -- a key measure of industrial output -- was 50.1, the National Bureau of Statistics (NBS) announced, up from 49.8 in September.
Samsung Q3 operating profits soar to $6.6 bn, miss forecast
The world's largest memory chip maker posted an operating profit of 9.18 trillion won ($6.6 billion) "largely due to one-off costs".
ECB must keep raising rates
The European Central Bank must keep raising interest rates to fight off inflation, even if the probability of a euro zone recession has increased, ECB President Christine Lagarde said in an interview published on Tuesday.
US, UAE announce clean energy partnership
The United States announced a clean energy partnership on Tuesday with the United Arab Emirates worth $100 billion, the White House said.
Rupee firms
The Indian rupee advanced on Tuesday as hopes that the US Federal Reserve could slow down the pace of its rate hikes buoyed risk appetite and hurt the dollar.
Biden threatens tax hit for ‘war profiteering’ oil companies
US President Joe Biden said Monday he plans to seek tax penalties for oil companies unless they invest their record profits in lowering consumer costs and boosting production, criticizing their “war profiteering.”
Tata Steel team visits GPH Ispat plant
A delegation of India’s leading steel manufacturer Tata Steel Ltd visited the factory of GPH Ispat at Sitakunda upazila in Chattogram yesterday.
Middle East seeing gradual slowdown: IMF
Most of the Middle East and North Africa’s non-oil producing economies are experiencing a “gradual slowdown”, the International Monetary Fund said Monday, while resource-rich states are benefiting from high fossil fuel prices.
Gas crisis fears recede for now as Europe stockpiles
With prices falling and ports clogged with liquefied natural gas tankers, fears of a winter heating crisis in Europe have eased but experts are warning against complacency.
Global wheat prices climb nearly 6pc
Chicago wheat futures jumped almost 6 per cent on Monday and corn rose more than 2 per cent as Russia’s withdrawal from a Black Sea export agreement raised concerns over global supplies.
‘1.5 lakh farmers lost Tk 350 crore for Sitrang’
The cyclone Sitrang that swept over the country last week has caused a loss of around Tk 350 crore of 150,000 farmers in almost half of the country, the agriculture ministry said today.
World food supplies at risk as Russia withdraws from Black Sea deal
Russia's weekend backtrack from a UN-brokered deal to export Black Sea grains is likely to hit shipments to import-dependent countries, deepening a global food crisis and sparking gains in prices.