US President Joe Biden will rely on ally countries to supply the bulk of the metals needed to build electric vehicles and focus on processing them domestically into battery parts, part of a strategy designed to placate environmentalists, two administration officials with direct knowledge told Reuters.

ACI, one of the country’s leading business houses, has been continuing to log profits for the last three quarters as it registered growing sales of consumer goods, packaging materials and food from its retail chain Shwapno.

Bangladesh Bank today asked banks to keep their branches open in areas where lockdowns have been imposed amid a surge in Covid-19 infections, after having discussion with respective metropolitan and district administrations.

The first company of the SME board of the country's bourses has been oversubscribed by around 18 times.

Profits of Bangladesh Submarine Cable Company Ltd almost doubled in nine months of 2020-21 fiscal year, thanks to the higher turnover with the same operating costs amid the coronavirus pandemic.

Chinese billionaire Jack Ma, founder of ecommerce giant Aibaba, is going to step down as president of the elite business school he founded after having been caught in a Beijing clampdown on tech titans, the Financial Times reported Monday.

Cryptocurrency miners, including HashCow and BTC.TOP, have halted all or part of their China operations after Beijing intensified a crackdown on bitcoin mining and trading, hammering digital currencies amid heightened global regulatory scrutiny.

If suppliers in China fail to pick up freight containers to fill an order for MediaShop, Marcel Schneider gets an alert via a digital freight system, allowing the retailer to reach out and fix the problem swiftly.

HSBC Bangladesh has stepped up its efforts to support customers to run operations amidst the coronavirus pandemic and connect them with global opportunities using its unrivalled geographical footprint, its top executive said.

The VAT Audit, Intelligence and Investigation Directorate has formed four teams mainly to bring under the associated law’s purview eligible business organisations, including shopping malls, factories and service providers, which were not paying their dues.

The Bangladesh Securities and Exchange Commission (BSEC) yesterday formed a four-member committee to investigate the recent rumours over sharing stock price predictions and undisclosed information about listed companies on social media platforms.

DataBird, a Bangladeshi company having products across online travel, news, keyboard, eReader and lifestyle mobile applications, recently stated to have raised $3 million in foreign funding to build a messaging app resembling Facebook’s messenger, WhatsApp and China’s WeChat.

Mobile phone subscribers are still being flooded with promotional and commercial messages even a month after they opted to block them, which highlighted that the regulator’s directive to the carriers to stop the nuisance is not working.

Inflation went up for the third consecutive month in April owing to the rise in the prices of major food items such as rice, wheat, lentil, and sugar.

Walton Hi-Tech Industries yesterday made public the good news of its surging profits and plans to strengthen its footprint abroad, leading to a three per cent rise of its stocks.

The amusement park industry is on the brink of collapse as owners are struggling to pay salaries, bank loans and hefty maintenance costs amid an ongoing closure that began in April due to the recent resurgence of Covid-19.

The government is likely to offer a 10-year tax exemption to investments in manufacturing of home appliance to diversify the country’s manufacturing base and cut import dependence, said finance ministry officials yesterday.

Big US banks are prepared for credit-card balances to start ticking up again this year as pandemic restrictions ease and stimulus checks stop arriving, setting up the industry for a bump in one of its most profitable businesses.

South Korea’s Hyundai Motor plans to ship a new series of fuel-cell trucks to Europe later this year, turning up the heat on rivals in a battle to test the viability of hydrogen-powered heavy goods transport.

Britain said on Monday it had launched a review of its tariffs levied against imports from the United States in response to an ongoing trade conflict around steel and aluminium.