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.
‘Farmer, RMG workers, migrants main drivers of Bangladesh economy in first 50 years’
However, their contribution would not remain the same in the years to come, says a book published from London
China and EU trade tensions risk a full trade war
China and Europe face a "slow motion train accident" as a rising tide of protectionism threatens to become a full trade war, the head of a European business lobby group warned on Wednesday, a day after Germany's chancellor conveyed European concerns to Beijing.
Another garment factory receives LEED green certification
Bangladesh now has 215 LEED-certified factories
Dutch-Bangla joint venture firm to establish bag factory in Cumilla EPZ
BSK Bangladesh will invest $6.14 million
Import of another 124,000 tonnes of rice given go-ahead
Some 91,000 tonnes will be parboiled rice and 33,000 tonnes sunned rice
BASIC Bank employees want merger with another state bank
They submitted a memorandum to Bangladesh Bank governor
IMF lowers Bangladesh’s economic growth forecast
Bangladesh economy to grow 5.7% in FY24, the lender says
Tesla to lay off more than 10% of staff globally as sales fall
Tesla will lay off more than 10 percent of its global workforce, an internal memo seen by Reuters on Monday shows, as it grapples with falling sales and an intensifying price war for electric vehicles.
BB gets five merger proposals from banks
No new proposal will be accepted before the completion of the five, BB says