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.
Ban on foreign travel, trade licence, national award for wilful defaulters
Bangladesh Bank issues new guideline on wilful defaulters today
Diesel supplier Numaligarh Refinery opens Dhaka liaison office
India so far exported diesel worth $34 million to Bangladesh
GP, Robi, Teletalk receive unified licences
The annual fee for the licence was Tk 10 crore with a 15-year validity
Investors push Zara owner Inditex to publish full supply chain
Inditex is an outlier among big clothing retailers in not publishing which factories it sources from
Struggling Japan narrowly avoids technical recession
Gross domestic product inched up 0.1 percent between October and December from the previous three months
China warns overall pressure on employment yet to ease
More than one in five of the roughly 100 million Chinese aged 16 to 24 were unemployed in June 2023
SM Mannan Kochi all set to be next BGMEA president
Kochi bagged all 35 posts of directors in the biennial election for 2024-26 tenure
Navana Pharma to invest Tk 145 crore for new production unit
Tk 132 crore will come from own funds, external sources and the rest from IPO
Red Sea attacks disrupt global trade
Volume of trade that passed through the Suez Canal dropped by 50 percent year-over-year in the first two months of the year
US labor market cooling; unemployment rate rises to two-year high of 3.9%
The jump in the unemployment rate after holding at 3.7 percent for three straight months reflected a further decline in household employment