Oil prices rise 3%
REUTERS, London
14 MIN(s) ago Global Economy
Thailand projects fewer tourists due to war
AFP, Bangkok
14 MIN(s) ago Global Economy
Less than 30% of oil wells active in Venezuela
AFP, Caracas
14 MIN(s) ago Global Economy
Middle East war hands Opec’s swing producer crown to America
REUTERS, London
28 April 2026, 00:00 AM Global Economy
Oil price shocks threaten inflation, taka stability: CPD
Star Business Report
27 April 2026, 20:39 PM Business

Oil slips from seven-year high

Oil slipped to about $91 a barrel on Tuesday before a resumption of indirect talks between the United States and Iran, which could revive an international nuclear agreement and allow more oil exports from the OPEC producer.
8 February 2022, 18:00 PM

US adds Chinese entities to red-flag export list

The US Commerce Department said on Monday it had added 33 Chinese entities to its so-called ‘unverified list’, which requires US exporters to go through more procedures before shipping goods to the entities.
8 February 2022, 18:00 PM

US, Japan reach deal to cut tariffs on Japanese steel

The United States and Japan on Monday announced a deal to remove Trump-era tariffs from about 1.25 million metric tons of Japanese steel imports annually after Washington granted similar access for European Union steelmakers last year.
8 February 2022, 18:00 PM

Airbus, Quebec reach $1.2b investment agreement

Europe’s Airbus and Quebec on Friday said they have agreed to a $1.2 billion investment deal that would allow the Canadian province to remain in the loss-making A220 jet program until the venture is likely to turn profitable.
7 February 2022, 18:00 PM

Chip crisis not ending this year: Volkswagen

Volkswagen does not expect the global shortage of semiconductors to end this year although it should further ease slightly in the second half, a board member was quoted as saying by industry magazine Automobilwoche.
7 February 2022, 18:00 PM

Meta says it will pay new $2m UK fine

Britain’s competition regulator said on Friday it had fined Facebook-owner Meta 1.5 million pounds ($2 million) over fresh issues regarding its purchase of Giphy, a sanction that the US firm said it would accept.
7 February 2022, 18:00 PM

Traders scour markets for protection amid Ukraine tensions

Unnerved by the sabre-rattling between Russia and the West over Ukraine, traders are scouring global markets for investments that could provide them with protection against losses in case the conflict escalates.
7 February 2022, 18:00 PM

S Korea fines Mercedes $16.9m over emission

South Korea’s antitrust regulator said on Monday it decided to fine German carmaker Mercedes-Benz and its Korean unit 20.2 billion won ($16.9 million) for false advertising tied to gas emissions of its diesel passenger vehicles.
7 February 2022, 18:00 PM

State Bank of India’s profits jump 62pc

State Bank of India, the country’s largest lender by assets, reported a 62.3 per cent rise in third-quarter profit on Saturday, the Mumbai-based lender said in a regulatory filing, helped by lower provisions.
6 February 2022, 18:00 PM

China’s auto exports double in 2021

China’s automobile exports doubled year on year to nearly 2.02 million units in 2021, latest data from the China Association of Automobile Manufacturers showed.
6 February 2022, 18:00 PM

IBBL clinches remittance award

Islami Bank Bangladesh Ltd (IBBL) has received the Gold Award in the Remittance Award-2021 and 2022 by the Centre for NRB, a non-profit research organisation for non-resident Bangladeshis.
6 February 2022, 18:00 PM

Dubai plans to cut carbon emissions 30pc by 2030

Dubai plans to cut carbon emissions by 30 per cent by the end of 2030, the emirate’s government media office said on Sunday on its website.
6 February 2022, 18:00 PM

Ford curbs production as chip shortage hits

Ford will cut its North American vehicle production next week due to a semiconductor shortage, US media reported Saturday.
6 February 2022, 18:00 PM

Europe’s carbon price nears 100- euro milestone

The price of permits in the European Union’s carbon market closed at a record high above 96 euros on Friday, with analysts expecting the symbolic 100 euro level could soon be breached.
6 February 2022, 18:00 PM

Exxon eyes more gas supply deals with India

Global energy major ExxonMobil is looking at signing more long-term gas sales deals with India as rising spot prices have added to the appeal of longer duration contracts.
6 February 2022, 18:00 PM

India’s state coal giant plans bulk exports for first time

Coal India Ltd, the world’s largest coal miner, plans to directly export output to neighbouring countries, according to sources and documents seen by Reuters, after decades of exclusively supplying domestic consumers.
6 February 2022, 18:00 PM

China joins industrial design IP treaty

China has joined the World Intellectual Property Organization’s treaty on protecting industrial designs, which should help Chinese designers safeguard their work internationally, the UN agency said Saturday.
6 February 2022, 18:00 PM

Tech slump forces IPO hopefuls to consider Plan B

The window for technology companies to list their shares is closing. Falling stocks have depressed valuations and made investors pickier about new listings. Private firms will have to reluctantly consider Plan B.
5 February 2022, 18:00 PM

Oil prices extend gains as markets weigh strong US jobs data

Stocks were mixed Friday as markets weighed a surprisingly good US jobs report against concerns over tighteningmonetary policy, while oil prices pushed closer to $100 a barrel.
5 February 2022, 18:00 PM

Bank of England calls for wage restraint to fight inflation

Two top Bank of England officials stressed on Friday the need for restraint on pay rises, drawing an icy reaction from unions and government, a day after the BoE sought to head off inflation running at a 30-year high by raising interest rates again.
5 February 2022, 18:00 PM