Some 52 per cent of consumers apply for electricity connection through middlemen without going directly to the electricity office, according to a new survey.

Boeing Co said on Friday it was providing the US Federal Aviation Administration with more information on its undelivered 787 Dreamliners, after a report it was again halting deliveries of the troubled planes.

The government is taking initiatives to provide loans to farmers to buy agricultural machinery, Agriculture Minister Mohammad Abdur Razzaque said yesterday.

Many poor people did not get the relief meant for them during the coronavirus pandemic because of the corruption perpetrated by a section of local elected representatives, alleged leaders of community-based organisations yesterday.

HSBC announced it is withdrawing from US mass market retail banking by selling some parts of the money-losing business and winding down others, a long-awaited move as the lender steps up a shift in focus to Asia, its biggest market. Europe’s biggest bank has for years been trying to shrink its presence in some European and North American markets where it has struggled against competition from larger domestic players.

The sales of air conditioners have tripled year-on-year in April and May as people rushed to retailers to get rid of the scorching summer.

Earnings at China’s industrial firms grew at a slower pace in April, with high commodity prices and weaker performance in the consumer goods sector limiting overall profitability from manufacturing.

The government is planning to offer a 10-year tax exemption for agricultural machinery manufacturing in order to encourage investment and support farmers’ growing appetite for machines to increase productivity and cut labour-shortage induced higher production costs.

President Joe Biden will seek $6 trillion in U.S. federal spending for the 2022 fiscal year, rising to $8.2 trillion by 2031, the New York Times reported on Thursday, a day before the White House is expected to unveil its budget proposal.

French oil and gas group Total and US energy company Chevron have suspended some payments from a gas joint venture that would have reached Myanmar’s junta, earning praise from pro-democracy activists for taking an important first step.

US President Joe Biden’s administration defended on Wednesday a proposed ConocoPhillips oil development in Alaska, backing the drilling project which was approved under the administration of former President Donald Trump.

US Trade Representative Katherine Tai said on Wednesday that the United States still faces “very large challenges” in its trade and economic relationship with China that require the Biden administration’s attention across the board.

Gold has snuck back on to the radar screens of investors thanks to increased concern about inflation pressures, but the precious metal also appears to be getting a boost from renewed interest from the top two physical buyers, China and India.

Stocks of MI Cement Factory rose 3.41 per cent to Tk 69.80 yesterday after news broke that its profits have almost tripled over the past year.

Stocks of British American Tobacco Bangladesh (BATB) dropped although it announced higher profits in the first quarter (January-March) of 2021.

The government should exploit the opportunities in northeastern districts by taking adequate measures when formulating the national budget for fiscal 2021-22 as it would help reduce regional disparity, according to various experts.

Beximco at last is going to return money of general investors who invested in its two debentures in 1995.

Nazmul Ahsan, 36, works at a bank in Dhaka as the head of the treasury. He took up health insurance at the age of 29 as a part of his financial planning.

Profitability of banks in Bangladesh will remain under pressure as a result of continued high requirement of provisioning and a weak outlook for a rebound in credit growth due to extended economic weakness, said Fitch Solutions in a report released recently.

The prime index of the Dhaka bourse advanced to very nearly reach 6,000 points yesterday thanks to higher participation of buoyant investors.