Global Economy
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
US Federal Reserve keeps interest rates at 23-year high
"The economic outlook is uncertain, and the Committee remains highly attentive to inflation risks," the Fed said in a statement.
BSRM's two entities’ sales drop, but profit surges 574%
The two made Tk 333 crore profit in nine months
China wants to import mango from Bangladesh
Chinese experts will come to Dhaka in June to see mango production
Renata’s Q3 profit grows 21%
The drugmaker’s nine months’ profit exceeds FY22’s full year figure
Why has the Japanese yen been so weak?
Japan's yen hit a three-decade low on Monday before rebounding in a move currency traders suspected was official intervention
Tesla wins key China security clearance during Musk visit
Tesla received a key security clearance from China during Elon Musk's whistlestop visit to the world's biggest electric car market, which wrapped up on Monday
China firms go 'underground' on Russia payments as banks pull back
The US has imposed an array of sanctions on Russia and Russian entities since the country invaded Ukraine in 2022.
Banks asked to increase forex inflow
Bangladesh Bank today sat with five leading private commercial banks
29 companies honoured with green factory awards
The Department of Inspection for Factories and Establishments gave the awards
National Bank continues incurring losses
It made a loss of Tk 1,497 crore in 2023, down from Tk 3,285 crore in 2022
US Fed's favored inflation measure accelerates, dimming rate cut hopes
The PCE price index rose at an annual rate of 2.7 percent in March, up 0.2 percentage points from a month earlier
