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".
India extends curbs on sugar exports by a year
India, the world's biggest sugar producer, has extended restrictions for sugar export by one year through October 2023, the government said in a notification late on Friday.
Bangkok broadband forum flaunts 5G might
An unmanned oil drilling site being operated remotely using 5G technology, a live boxing match using a virtual reality headset with ultra-low latency and high bandwidth of 5G and control of robots in real-time -- these demonstrations marked the first day of Huawei’s two-day 13th Global Mobile Broadband Forum in Bangkok.
US consumer confidence ebbs
US consumer confidence ebbed in October after two straight monthly increases amid rising concerns about inflation and a possible recession next year, a survey showed on Tuesday.
EU countries look to map out path to gas price cap
European Union energy ministers will discuss a bloc-wide gas price cap on Tuesday, attempting to navigate their next steps although it is likely to be weeks before any final decisions.
Foreign aid disbursement drops 30pc
The disbursement of foreign aid for development projects in Bangladesh has dropped by 30 per cent year-on-year in the first three months of the current fiscal year.
China Q3 GDP growth tops forecasts
China’s economy rebounded at a faster-than-anticipated clip in the third quarter, but a more robust revival in the longer term will be challenged by persistent Covid-19 curbs, a prolonged property slump and global recession risks.
Eurozone economy contracts further
Germany, the EU’s top economy and Europe’s export powerhouse, looks headed for imminent recession, according to a closely watched survey Monday that pointed to a deepening eurozone contraction.
BGMEA urges Italy to invest more in Bangladesh
Local garment makers have urged the Italian clothing retailers and brands to source more apparel items from Bangladesh and invest more in the south Asian country.
‘Ratify Hong Kong Convention to lead in ship recycling’
Bangladesh should ratify the Hong Kong Convention, as the declaration will help the south Asian country become the leader in the ship recycling industry, Norwegian Ambassador Espen Rikter-Svendsen said today.
Five state economic zones got $22 billion investment proposals
Five state-run economic zones have received $22.17 billion investment proposals, which are expected to generate employment opportunities for around 8.16 lakh people.