Asian energy officials on Wednesday disputed the International Energy Agency’s (IEA) call for no new oil, natural gas and coal investments for the world to be able to reach net-zero carbon emissions by 2050, viewing that approach as too narrow.

The US Federal Reserves determination to stimulate the economy through low interest rates and bond buying until employment returns to pre-epidemic levels will likely raise commodity prices significantly in the interim.

Airbus on Wednesday softened plans to sell off the production of mass-produced small parts and said it would consider a union-backed proposal to keep the activity in-house.

US homebuilding fell more than expected in April, likely pulled down by soaring prices for lumber and other materials, but construction remains supported by an acute shortage of previously owned homes on the market.

British inflation more than doubled in April, the start of a likely climb in prices this year as rich economies recover from pandemic lockdowns, but one that the Bank of England hopes will prove temporary.

Trade ministers from the United States, Canada and Mexico said on Tuesday they held “robust” talks on the new North American trade deal and pledged to fully enforce its higher standards, while downplaying differences over a range of other irritants.

The earnings of Dhaka Electric Supply Company (Desco) plunged about 48 per cent in the third quarter of the current fiscal year because of an increase in energy cost and expenses.

The government today gave the go-ahead to the import of 33.6 lakh metric million British thermal units (MMBTUs) of liquefied natural gas (LNG) worth Tk 340.62 crore.

The profit of Dhaka Electric Supply Company (Desco) plunged about 48 per cent in the third quarter of the current fiscal year due to an increase in energy cost and expenses.

Bangladesh Bank has asked banks not to operate any foreign exchange related businesses by setting up central trade processing centre (CTPC) without prior approval from the banking regulator.

Brazil, the largest South American country, has now virtually turned into a death zone after the devastation caused by the Covid-19 pandemic.

The scope to whiten black money will be there in the upcoming budget also, Finance Minister AHM Mustafa Kamal said today.

Turnover at the Dhaka Stock Exchange (DSE) crossed Tk 2,000 crore for the first time in four months today.

Brisk business during the just concluded Eid shopping season helped traders breathe a sigh of relief amid the ongoing nationwide lockdown and other measures in place to curb the spread of Covid-19.

Myanmar’s deepening political crisis and India’s grave coronavirus situation are prompting international retailers and brands to divert work orders to Bangladesh because of its stability and milder-than-expected impacts of the second wave of the infections.

India’s central bank said on Monday that the second wave of the Covid-19 pandemic in India has had a bigger impact on aggregate demand than on aggregate supply, and it believes the economic slowdown was not as severe as a year ago.

A rush by companies to boost their sustainability claims has reached foreign exchange markets in the form of currency hedging products where the cost is tied to a firm’s environmental, social and governance (ESG) goals.

Alphabet Inc’s Google on Tuesday launched its Showcase news platform in India with 30 domestic news publishers, at a time when the country is trying to weed out misinformation surrounding a ferocious second Covid-19 wave.

The Biden Administration is intensifying its focus on cybersecurity spending after a wave of massive hacks, proposing new funding in the wake of the Colonial Pipeline ransomware attack this month.

President Joe Biden will make the case for his $174 billion electric vehicle plan on Tuesday, calling for government grants for new battery production facilities during a visit to a Ford Motor electric vehicle plant in Michigan.