Chevron to invest in new gas exploration in Bangladesh

The energy giant thanks the interim government for starting to clear overdue payments
3 December 2024, 12:15 PM

Why Mexico’s global trade sweet spot may turn sour

Last year, Mexico sent $475 billion of goods exports to the United States, surpassing China
3 December 2024, 07:09 AM

US unveils fresh export curbs targeting China's chip sector

The announcement comes weeks before President-elect Donald Trump returns to the White House, where he is expected to bolster Washington's hawkish stance on China
3 December 2024, 05:32 AM

US Fed officials see inflation fight as broadly on track

New York Fed President John Williams said inflation was now "within striking distance" of two percent.
3 December 2024, 05:27 AM

Moody’s told outdated story of Bangladesh

Moody's Ratings is narrating an outdated story of Bangladesh, not the updated one, said Bangladesh Bank Governor Ahsan H Mansur in a webinar yesterday.
2 December 2024, 20:22 PM

KEPZ decides to fast-track land registration

The chief adviser became the first head of state to preside over a meeting of the KEPZ governing body in nine years
2 December 2024, 12:24 PM

OpenAI's Altman confident Trump will keep US in AI lead

"We need to build that here and we need to be able to have the best AI infrastructure in the world to be able to lead with the technology and the capabilities," he said.
2 December 2024, 06:46 AM

Exclusive: Latest US strike on China's chips hits semiconductor toolmakers

The move marks one of the Biden Administration's last large scale effort to stymy China's ability to access and produce chips that can help advance artificial intelligence for military applications or otherwise threaten US national security.
2 December 2024, 06:44 AM

Trump threatens 100% tariff on BRICS countries over currency plans

President-elect Donald Trump on Monday threatened to impose a 100 percent tariff on the BRICS group nations if they undercut the US dollar.
1 December 2024, 18:00 PM

Eurozone inflation rebounds but rate cut still on cards

Inflation in the eurozone rebounded further in November, new data showed Friday, but the longer-term outlook remained in line with European Central Bank targets -- with a new rate cut still expected next month.
1 December 2024, 18:00 PM

China manufacturing expands for second straight month

China in November saw an uptick in industrial output for the second straight month, government data showed Saturday, an encouraging sign for officials as they battle stagnant activity.
1 December 2024, 18:00 PM

Remittance rises 14% in November

However, November’s inflow of $2.2 billion was 8.16% lower than the previous month
1 December 2024, 12:53 PM

Businesses will now get up to three years for payment: BB

Earlier, industries could import capital machinery under a 360-day usance term
1 December 2024, 11:09 AM

US 'Black Friday' online spending put at record $10.8 bn

The biggest sales during the annual day-after-Thanksgiving promotions were for toys, jewelry, household appliances, skin- and hair-care products, clothes and electronic devices
1 December 2024, 06:00 AM

Elon Musk asks US court to block OpenAi's for-profit conversion

Attorneys representing the billionaire and his AI startup, xAI, filed the injunction Friday, the financial news site reported.
1 December 2024, 05:28 AM

Trump warns BRICS nations against replacing US dollar

"There is no chance that the BRICS will replace the US Dollar in International Trade, and any Country that tries should wave goodbye to America"
1 December 2024, 03:14 AM

Adani breaks silence on US allegations to say his group is committed to compliance

US authorities have accused Gautam Adani, his nephew and executive director Sagar Adani and managing director of Adani Green, Vneet S. Jaain, of being part of a scheme to pay bribes to secure Indian power supply contracts, and misleading US investors during fundraisings in the country
1 December 2024, 02:51 AM

India GDP growth slows to 5.4% in Q2

India’s economic growth slowed to 5.4 percent year-on-year in the September quarter, official data showed Friday, a significant decline from the 6.7 percent during the previous quarter.
30 November 2024, 18:00 PM

Canada gets ready to push back against Trump tariffs

Canada is considering retaliatory measures against the United States, a government source said Friday, as the country was urged to take seriously Donald Trump’s threats to impose tariffs on Canadian imports.
30 November 2024, 18:00 PM

Inflation-wary US consumers flock to ‘Black Friday’ deals

US shoppers were out in force for “Black Friday,” with preliminary data showing strong online sales despite inflation nerves prompting retailers in the world’s biggest economy to come up with ever more deals.
30 November 2024, 18:00 PM