Apple eyes bigger slice of India's streaming market with Airtel deal

The move comes as competition tightens in India's $28-billion entertainment market and an $8.5-billion merger of the Indian media assets of Reliance and Walt Disney faces close scrutiny from regulators
28 August 2024, 06:48 AM

Pakistan eyes $4 billion from Middle Eastern banks

The money will be used to plug external financial gaps, the country's central bank chief says
27 August 2024, 11:31 AM

Importers can take delivery of 1,850 containers from Pangaon terminal: NBR

The permission was given as rail communication to Kamalapur ICD has remained suspended
26 August 2024, 12:41 PM

What went wrong for Nestle CEO Mark Schneider

Two years ago, Mark Schneider could do nothing wrong; now he seems to get it all wrong
26 August 2024, 11:59 AM

Morgan Stanley cuts oil demand growth outlook

Morgan Stanley has lowered its global oil demand growth forecast for 2024, mainly due to China’s slower economic growth, increased electric vehicle usage there, and a rise in the number of trucks in China powered by liquefied natural gas (LNG).
25 August 2024, 18:00 PM

Bangladesh can learn from Korean experience in farm mechanisation

The Republic of Korea is now enjoying surplus rice production and one of the major factors that enabled the East Asian nation to become self-sufficient in this regard was farm mechanisation.
25 August 2024, 18:00 PM

Mohammad Hatem, new BKMEA president

Previous president AKM Salim Osman resigned due to health issues
25 August 2024, 09:06 AM

UK energy bills to rise, sparking fuel poverty fears

British energy bills are set to start rising again this autumn, the sector regulator announced on Friday, sparking fears that fuel poverty will worsen amid an ongoing cost of living crisis.
24 August 2024, 18:00 PM

Bank of Japan governor flags more rate hikes

Bank of Japan governor Kazuo Ueda indicated Friday that officials could hike interest rates again if inflation and the economy performed as expected, weeks after turmoil caused by a surprise increase earlier this month.
24 August 2024, 18:00 PM

Economists push back on Harris price gouging plan

Kamala Harris’s price gouging policy has been criticized by economists and analysts, who say it is an uncompetitive proposal that could end up hurting, and not helping, US consumers.
24 August 2024, 18:00 PM

India surpasses China to become Russia’s top oil buyer

India overtook China as the world’s biggest importer of Russian oil in July as Chinese refiners bought less because of lower profit margins from producing fuels, a comparison of import data showed.
22 August 2024, 18:00 PM

PwC China faces 6-month business ban

Chinese regulators will likely order business suspension for a big part of PricewaterhouseCoopers’ auditing unit in mainland China for six months, as part of punishment for its work on troubled property developer Evergrande, five sources said.
22 August 2024, 18:00 PM

King dollar’s crown is slipping

If the pressure on global markets from the tumult at the start of the month has abated, nobody told the dollar.
22 August 2024, 18:00 PM

China targets dairy imports from EU in latest barb in trade row

Beijing on Wednesday launched a probe into EU subsidies of some dairy products imported into China, the day after the bloc said it planned to impose five-year import duties of up to 36 percent on Chinese electric vehicles (EVs).
21 August 2024, 18:00 PM
21 August 2024, 08:34 AM

How BSEC wasted funds on ineffective roadshows abroad

Less than a year after Prof Shibli Rubayat-Ul Islam was appointed as chairman of the Bangladesh Securities and Exchange Commission (BSEC) in May 2020, the regulator started holding roadshows abroad to lure in foreign investors and boost the local market.
20 August 2024, 18:00 PM

EU plans 36% tariff on Chinese EVs, lower for Tesla

The European Commission said Tuesday it plans to slap five-year import duties of up to 36 percent on Chinese electric cars, unless Beijing can offer an alternative solution to the damaging trade row over state subsidies.
20 August 2024, 18:00 PM

China leaves key lending rates unchanged

China left benchmark lending rates unchanged at a monthly fixing on Tuesday, in line with market expectations.
20 August 2024, 18:00 PM

One year in, EU turning up heat in big tech fight

If 2024 already looks like an annus horribilis for big tech in the EU, the months ahead could prove a winter of discontent as the bloc wields a fortified new legal armoury to bring online titans to heel.
20 August 2024, 18:00 PM

Bangladesh’s dependence on US soybeans growing

Bangladesh’s dependence on the US for soybeans has been increasing, particularly after the outbreak of the Russia-Ukraine war, with local traders, millers and conglomerates diversifying their sourcing for uninterrupted supply of edible oil and animal feed.
20 August 2024, 18:00 PM