Business


South Korea summons Russian ambassador as tensions rise with North Korea

Business —21 June, 2024 16:18

South Korea summoned the Russian ambassador to protest the country's new defense pact with North Korea on Friday, as border tensions continued to rise with…

South Korea summons Russian ambassador as tensions rise with North Korea

Bank of England keeps main interest rate at 16-year high of 5.25% despite inflation fall

The Bank of England on Thursday kept its main interest rate…

Bank of England keeps main interest rate at 16-year high of 5.25% despite inflation fall
Boeing MAX crash victims seek nearly $25b fine in US

Families of Boeing 737 MAX crash victims on Wednesday asked…

Boeing MAX crash victims seek nearly $25b fine in US

UK's inflation falls to lowest level in almost three years

UK's inflation falls to lowest level in almost three years

Inflation has hit the Bank of England's target for the first time in almost three years. Prices rose at 2% in the year to May, down from 2.3% the month before, official figures show.…

Nvidia CEO's net worth soars to $119 billion

Nvidia CEO's net worth soars to $119 billion

Jensen Huang- Nvidia's CEO- is now the 11th richest person in the world as his net worth increased by more than $4 billion, reports Hindustan Times. This is his highest ranking yet…

Olympics more than games: Billion-dollar business with political overtones

Olympics more than games: Billion-dollar business with political overtones

The Paris Olympics involve about 10,500 athletes from 200 countries or regions. But the Olympics are more than just fun and games. They are a giant business that generates billions…

HK bourse to keep trading through severe weather

HK bourse to keep trading through severe weather

Hong Kong's stock exchange will continue trading through typhoons and heavy storms from September, the city's leader announced Tuesday. The bourse in the international finance hub…

Chinese Premier Li toasts warming trade ties in Australia

Chinese Premier Li toasts warming trade ties in Australia

Chinese Premier Li Qiang mixed a dash of "panda diplomacy" with a visit to a historic vineyard on Sunday to celebrate a thaw in once-icy trade ties with Australia. The highest ranking…

Tk 1,000 incentive for slaughtering sacrificial animal in DNCC’s designated place

Tk 1,000 incentive for slaughtering sacrificial animal in DNCC’s designated place

Dhaka North City Corporation (DNCC) Mayor Md Atiqul Islam has announced Taka 1,000 incentive for slaughtering each sacrificial animal in DNCC’s designated locations. He made…

Hakim elected IIGAB President, Junayed Secy Gen

Hakim elected IIGAB President, Junayed Secy Gen

Aminul Hakim and Ahmed Junayed have been elected as the new president and secretary general respectively of the International Internet Gateway Association of Bangladesh (IIGAB) for…

Petrodollar Pact Over: Saudi Arabia joining China-led central bank

Petrodollar Pact Over: Saudi Arabia joining China-led central bank

Saudi Arabia's decision to join a China-dominated central bank and the expiry of its 50-year-old petrodollar agreement with the US might potentially weaken the role of the US dollar…

Eid-ul-Azha: Sales of sacrificial animals gaining momentum in capital

Eid-ul-Azha: Sales of sacrificial animals gaining momentum in capital

With just two days to go till Eid-ul-Azha, the sales of sacrificial animals in Dhaka's makeshift cattle markets (haats) gained momentum on Saturday. Though the sales started to increase…

Dhaka urges Azerbaijan to recruit Bangladeshi manpower

Dhaka urges Azerbaijan to recruit Bangladeshi manpower

Dhaka has urged Azerbaijan to recruit manpower from Bangladesh during the first round of Foreign Office Consultations (FOC) between Bangladesh and Azerbaijan. Foreign Secretary Masud…

Trade via Sonamasjid land port to remain closed for 7 days for Eid-ul-Azha

Trade via Sonamasjid land port to remain closed for 7 days for Eid-ul-Azha

Export-import between Bangladesh and India through Chapainawabganj's Sonamasjid land port will remain suspended for seven days beginning from Saturday on the occasion of the holy Eid-ul-Azha…

China-Bangladesh partnership to build 100MW solar power plant in Jamalpur

China-Bangladesh partnership to build 100MW solar power plant in Jamalpur

China's CREC International Renewable Energy and Bangladesh's state-owned B-R PowerGen Company have signed an agreement to jointly build a 100 MW solar power plant in Jamalpur's Madarganj…

US Fed pencils in one interest rate cut this year

US Fed pencils in one interest rate cut this year

The US Federal Reserve has signalled that it will cut its key interest rate just once this year despite inflation easing. Back in March, the central bank had been expected to reduce…

Budget has high hopes, low directions: Economists

Budget has high hopes, low directions: Economists

Economists at a discussion on Thursday called for a harmonised policy to address inflation control and maintain growth for a sustainable economy. They termed the proposed budget “…