The United States is not at risk of a dangerous spell of inflation after a banner month of gains for workers, a top Biden economic official said on Friday, but the fast pace of business reopenings could cause a coronavirus resurgence.

Total budgetary spending in the first six months of the current fiscal shrank 10.58 per cent year-on-year to Tk 141,514 crore due to the ongoing Covid-19 pandemic, according to a report from the finance ministry.

The French economy will expand by 5 per cent in 2021, Economy Minister Bruno Le Maire said in a newspaper interview, as a third lockdown to tackle the coronavirus pandemic has prompted a downward revision in the previous government forecast for 6 per cent growth.

Bankers are considered the frontline workers given their role in keeping the wheels of the economy moving, but they are now afraid of performing their job amidst the strict restrictions on movement imposed by the government.

Tesla reported a jump in first-quarter auto deliveries on Friday, topping leading estimates, as it cited strong demand in China where the electric car maker has been ramping up production.

Small businesses, who are yet to recover from the devastating impacts of the first wave of the coronavirus pandemic in Bangladesh, are set to receive another blow after the government yesterday directed them to shutter shops to contain the surge in infections.

United Airlines announced Thursday it will immediately start hiring pilots, beginning with a group of 300, to be ready to meet growing demand for air travel.

The stock market yesterday suffered its steepest single-day decline in 12 months as worried investors went for a massive selloff fearing a freefall after the government brings back strict measures to curb the sharp rise in coronavirus infections.

Airline food might be one of the last things people are missing during the pandemic, but one Japanese carrier has customers flocking to sample luxury in-flight meals on its parked planes.

Abdul Muktadir, chairman and managing director of Incepta Pharmaceuticals Ltd, was elected as senior vice-president of the Bangladesh Association of Pharmaceutical Industries (BAPI) for 2021-2023 recently, a press release said.

Banks yesterday faced a huge number of cash withdrawals as the government declared a restriction on movement for seven days from today as part of effort to tackle the second wave of the coronavirus pandemic.

Navana Group has appointed Wahed Azizur Rahman as its group chief executive officer (CEO) recently.

The World Bank announced a new Climate Change Action Plan aimed at helping developing countries achieve measurable reductions in greenhouse gas emissions and pledging to mobilise large-scale resources to aid the transition out of coal.

From a brand new facility in Dubai, young gamers are hosting virtual regional eSports competitions sponsored by global brands as they shoot to become major players in the multi-billion-dollar industry.

Towering cranes work overtime swinging containers from cargo vessels in the eastern Chinese port of Lianyungang, racing to keep ahead of a perfect storm unleashed by the pandemic that has created gridlock in global shipping.

Bangladesh has seen a significant rise in consumer banking or retail offering by banks or a few non-bank financial institutions (NBFIs) in recent days. During the coronavirus pandemic,

Bangladesh Bank today raised the person to person mobile banking transaction limit to help people transfer money with ease during the countrywide seven-day lockdown starting from tomorrow.

Bangladesh Bank has reduced banking hours from tomorrow in tune with a new restriction on movements declared by the government to keep the coronavirus pandemic at bay.

Shop owners and employees of New Market and other nearby shopping malls today demonstrated against the directive to keep shops closed -- as part of the government’s seven-day restrictions beginning tomorrow.

Rajshahi Byabshayee Oikya Parishad, a platform of 110 businesses, demanded that the government allow small traders to keep their shops open during the weeklong lockdown – maintaining health guidelines – beginning tomorrow.