Global Economy

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.

20h ago

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.

20h ago

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

1d ago

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

1d ago

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"

1d ago

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

1d ago

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

1d ago

The US economy is solid: Why are voters gloomy?

Cooling inflation, low unemployment, robust economic growth and... downbeat voters.

1d ago

World Bank to share more data to attract private investors to developing countries

Economic growth has slowed in developing countries, with growth falling to barely 4% from 6% in two decades, Banga said, noting that each lost percentage point dragged 100 million people into poverty, while debt levels were rising

6m ago

MIDAS awards 7 enterprises

Three-day MIDAS SME Fair 2024 ends

6m ago

Sustainable business-friendly environment a must now: FBCCI

FBCCI sits with different trade bodies to prepare budget proposals

6m ago

Gold price hiked to Tk 114,074, a new record

The new rate comes two days after a price cut

6m ago

Four insurers show-caused for Tk 264 crore unsettled claims

The four are: Sunflower Life Insurance, Progressive Life Insurance Company, Sunlife Insurance Company and Homeland Life Insurance Company

6m ago

BTRC asks Meta to tackle misinformation on its platform

Meta top officials meet BTRC chairman in Dhaka

6m ago

US Fed holds key rate, still sees 3 cuts in 2024

The US Federal Reserve voted Wednesday to keep interest rates at a 23-year high for a fifth consecutive meeting, while signaling it still expects to make three cuts this year

6m ago

Garment export to USA falls 2.58%

However, apparel shipment to the EU rose 3.27% in Jul-Feb

6m ago

German retail firm Otto urged to source more high-value RMG: BGMEA

A delegation of Otto Group meets BGMEA president today

6m ago

Govt to buy 8,000 tonnes of lentil, 10,000 tonnes of sugar

The commodities will be purchased for the Trading Corporation of Bangladesh

6m ago