Global Economy
Climate action not a burden, but an opportunity for businesses: energy adviser
Bangladesh Apparel Exchange organised the second edition of Bangladesh Climate Action Forum 2024 today
Chinese electric car companies cope with European tariffs
MG, an historic British company that is now a subsidiary of Shanghai SAIC, now faces EU duties of 35.3 percent
Oil prices rise on US storm, fears of Israel-Iran conflict
US President Joe Biden spoke with Israeli Prime Minister Benjamin Netanyahu about Israel's plans concerning Iran in a 30-minute call on Wednesday that the White House described as "direct and very productive"
German govt sees economy shrinking again in 2024
Output is expected to shrink by 0.2 percent in 2024, the economy ministry said in a statement
China opens $71 bn 'swap facility' to boost markets
The news lit a fire under mainland and Hong Kong equities on renewed hopes that officials would finally get a grip on the issues that have dogged the economy for years
The US economy is solid: Why are voters gloomy?
Cooling inflation, low unemployment, robust economic growth and... downbeat voters.
Analysis / Neither precedent nor Trump can save Big Tech
After losing a jury trial against game store Epic Games in December, a judge has now ruled that Google must open a key piece of its Android smartphone operating system
China to outline fiscal policy as traders await action
The news comes after traders on the mainland and in Hong Kong were left disappointed by a news conference Tuesday in which officials failed to unveil any new stimulus and provided scant detail on its plans for implementing the raft measures already flagged
Conclude ex-Robi CEO’s case in 3 months: HC
Mahtab Uddin Ahmed lodged a lawsuit seeking Tk 227 crore compensation for his 'wrongful dismissal'
Inditex’s golden era is coming to an end
As Shein prepares for a possible New York stock listing, Inditex is so far dismissing the threat, yet it has few defences
US services activity shrinks for first time since 2022: survey
The services index of the Institute for Supply Management (ISM) slipped unexpectedly to 49.4 percent in April, dipping below the 50-point mark separating growth from contraction
Apple profit ebbs as iPhone sales under pressure
The iPhone maker reported a profit of $23.6 billion on $90.8 billion in revenue in the first three months of this year
Maersk's net profit sinks amid Red Sea attacks
Maersk reported a net profit of $177 million in the first three months of the year, a 13-fold drop from the same period last year
India widens spices crackdown with nationwide checks on all manufacturers
The agency added checks would also be made for any presence of ethylene oxide, whose use is banned in India, and "appropriate actions will be initiated as fit" after testing was completed.
Apple set for big sales decline as investors await AI in iPhones
Apple's plan to add generative AI to its iPhones and revive sagging sales in the crucial Chinese market will be in focus on Thursday, when the tech giant is expected to report its biggest quarterly revenue decline in more than a year
Microsoft announces $2.2 bn AI, cloud investment in Malaysia
Microsoft pledged a $2.2 billion investment in artificial intelligence and cloud computing in Malaysia on Thursday to help develop the country's AI infrastructure