Global Economy
Ratan Tata: Indian mogul who built a global powerhouse
Industrialist Ratan Tata, who has died aged 86, was credited with transforming India’s Tata Group into a globally renowned conglomerate with a portfolio ranging from software to sports cars.
China opens $71b ‘swap facility’ to boost markets
China’s central bank boosted support for markets Thursday by opening up tens of billions of dollars in liquidity for firms to buy stocks as part of a raft of measures by Beijing to kickstart the country’s flagging 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.
Souring China dreams force Western financial firms to cut costs
As doubts grow about China's economic recovery and its markets lag global peers, many of the financial firms are taking a hit on their earnings and are reining in their ambitions
China's BYD names electric pickup truck BYD Shark
BYD Shark will feature a plug-in hybrid system called Dual Mode Off-Road (DMO), which it developed for improving off-road driving experiences
What do countries and companies want in global plastic treaty talks?
More than 200 consumer-facing companies including Unilever, PepsiCo and Walmart have joined the so-called Business Coalition for a Plastics Treaty.
Administrator appointed for Sonali Life Insurance
Brig Gen (retd) SM Ferdous has already joined office: IDRA spokesperson
Remaking Made in India will be a long slog
The production-linked incentive (PLI) scheme unveiled in 2020 is losing shine after a soaring start
IMF's Gopinath says high U.S. deficits fueling growth, higher interest rates
Gopinath told a fiscal forum at the IMF and World Bank spring meetings that US deficits are projected to rise for years with one of the world's steepest curves for debt.
Jewellers cut gold prices by Tk 840 a bhori
From today, each bhori of 22-carat gold will cost Tk 118,798
Stocks sink, oil jumps after Israeli attack on Iran
Asian shares and bond yields sank on Friday while safe-haven currencies, gold and crude oil jumped after reports Israel attacked Iran in a continuing series of assaults
Gold price hits new record again
Jewellers are selling each bhori of gold at Tk 119,637 from 7pm today
Govt raises bottled soybean oil price to Tk 167 a litre
But cuts loose soybean oil price by Tk 2 a litre