BMW expects at least half of its sales to be zero emission vehicles by 2030, setting a more conservative target than some rivals in the race to embrace cleaner driving.

Global oil demand will return to pre-pandemic levels in two years and reach record heights by 2026 unless governments take swift action to meet climate goals, the International Energy Agency said Wednesday.

Indian mills have contracted to export 4.3 million tonnes of sugar so far in the 2020/21 season ending on Sept. 30, a trade body said on Wednesday, as a rally in global prices to a four-year high and an export subsidy makes overseas sales lucrative.

Uber on Tuesday said it is granting its UK drivers worker status, with benefits including a minimum wage -- a world first for the US ride-hailing giant.

The tea industry in Sylhet has been revitalised by recent rains that came after a dry winter season. Around 30 millimetres of rain was recorded in Sylhet on March 8-10, according to the Bangladesh Meteorological Department.

Tea processing factories are being set up in Panchagarh in increasing numbers in keeping with the fast-expanding cultivation of the popular beverage in northern districts.

City Bank has organised the subscription closing ceremony of a Tk 400 crore bond, which is the country’s first ever Basel-III compliant, additional Tier-I, contingent-convertible perpetual instrument of its kind.

The World Bank approved $200 million to help Bangladesh provide support and services to the low-income urban youths impacted by the ongoing pandemic and the involuntary migrant returnees to improve their earning opportunities and resilience.

The Maldives wants to sign agreements with Bangladesh which do away with double taxation and guarantee and protect investment for increasing bilateral trade and investment, says the archipelagic state’s foreign minister, Abdulla Shahid.

The government has released Tk 570 crore from the Tk 1,500 crore stimulus package for their disbursement among small traders, entrepreneurs and farmers to help them survive the ongoing pandemic.

Asian investors drifted Wednesday after a two-day advance with focus on the Federal Reserve’s crucial policy meeting, which comes against a backdrop of heightened inflation fears fuelled by an expected surge in economic activity this year.

The country’s ballooning foreign exchange reserves may come under stress if the infrastructure projects to be bankrolled by the excess external capital are not monitored properly, experts warn.

Prime Bank has introduced PrimePay, a service doing away with branch visits by enabling corporate clients to instantly make VAT, excise and import payments from anywhere, anytime and receive SMS and email confirmations.

Foreign minister Abdul Momen today urged visiting Maldivian President Ibrahim Mohamed Solih to sign the Preferential Trade Agreement (PTA) with Bangladesh for harnessing trade potentials between the two South Asian nations.

Bangladesh Business and Disability Network (BBDN) and Chittagong Chamber of Commerce & Industry, on March 16, jointly organised a webinar on “Disability Inclusive Skills & Employment Opportunities in the Private Sector”.

The World Bank today approved $200 million to help Bangladesh provide support and services to low-income urban youth impacted by Covid-19 and returnee migrant workers in order to improve their earning opportunities.

Beijing has asked Chinese e-commerce titan Alibaba to divest its assets in the media sector out of concern over the company’s growing public influence, The Wall Street Journal reported Monday.

Finnish telecoms equipment maker Nokia announced yesterday it will slash up to 11 per cent of its workforce within two years as the firm looks to cut costs and focus on a few key areas in the face of tough competition over super-fast 5G networks.

Asian fuel exporters are hungrily eyeing Australia as the country’s shutdown of almost all its refineries creates a bright demand spot amid otherwise coronavirus crimped markets.

On March 11 this year, the World Health Organisation (WHO) declared that the Covid-19 outbreak was a pandemic. During the last one year, this pandemic has spiralled into an unprecedented global crisis, which has adversely affected the lives and livelihoods of billions.