Oil settled higher on Friday, supported by bullish economic data from US and Europe, though a rise in coronavirus cases in India was still pressuring prices.

The German government is set to upgrade its growth forecast for this year as industry holds up well to the economic fallout from the coronavirus pandemic, Economy Minister Peter Altmaier said Saturday.

Bitcoin and other cryptocurrencies posted sharp losses on Friday, on concern that US President Joe Biden’s plan to raise capital gains taxes will curb investments in digital assets.

Wall Street rebounded Friday from earlier losses on reports that US President Joe Biden will seek a huge tax hike, but Europe remained on the back foot despite bright economic data.

Saudi Arabia announced Friday the suspension of fruit and vegetable imports from Lebanon, saying shipments were being used for drug smuggling and accusing Beirut of inaction.

US factory activity powered ahead in early April, though manufacturers increasingly struggled to source raw materials and other inputs as a reopening economy leads to a boom in domestic demand, which could slow momentum in the months ahead.

The United States, Norway and Britain joined forces with companies including Amazon and Nestle on Thursday to launch a project aimed at protecting the world’s tropical forests.

Two years is a very short time to judge the shelf life of any company let alone one that is setting new benchmarks in the country.

World stocks rose on Wednesday as Wall Street and Europe bounced back from large drops, while oil prices continued to be weighed down by rising Covid-19 cases in Asia.

As US President Joe Biden escalates his climate change agenda, pressure is growing on the country’s regulators to catch up with Europe and incorporate various risks posed by climate change into their oversight of the financial system.

Asian markets clawed back the week’s losses on Thursday after Wall Street overnight broke a two-day dip that had been sparked by Covid-19 jitters and valuation fears.

LafargeHolcim Bangladesh said yesterday its profit almost doubled in the first quarter of 2021, riding on a staggering 23 per cent growth in sales amid the pandemic.

President Vladimir Putin, whose United Russia party is deeply unpopular ahead of September elections, said Wednesday that the government’s main task was to boost Russians’ falling personal incomes.

The governors of a dozen US states including California, New York, Massachusetts and North Carolina called on President Joe Biden on Wednesday to back ending sales of new gasoline-powered vehicles by 2035, a dramatic shift away from fossil fuels.

Investors yesterday faced prolonged malfunctioning of the DSE mobile app while trying to execute trade, all at a time when the digital mode is enabling the stock market to stay open amidst the ongoing lockdown.

The government yesterday approved a proposal to buy another 33.60 lakh MMBtus of liquefied natural gas (LNG) from the spot market to meet the growing demand for the super-chilled fuel.

Futures pointed to a lower open for Wall Street’s main indexes on Tuesday as investors banked on results from Netflix and other major technology-related companies this week to sustain the positive start to the earnings season.

US Treasury Secretary Janet Yellen announced on Monday the creation of a new climate office to oversee tax and economic policies to support the administration’s efforts to combat climate change.

Several US banks have started deploying camera software that can analyze customer preferences, monitor workers and spot people sleeping near ATMs, even as they remain wary about possible backlash over increased surveillance, more than a dozen banking and technology sources told Reuters.

Canada is expected to channel funds into childcare, wage subsidies and other pandemic recovery measures as the government presents its new budget Monday ahead of possible snap elections.