Business

The UK economy grew at its fastest rate for more than two years in the three months to September. Between July and September, the economy expanded by 0.7%, accelerating from the previous three months, official figures show. The robust growth suggests a far more resilient economy than expected over the summer, despite the impact of higher energy prices from the ...

A Chinese university with close ties to the country’s defence bodies recently bought advanced AI chips made by tech giant Nvidia, procurement notices show, despite stringent US controls. China and the United States are locked in a fierce competition for supremacy in the strategic and rapidly growing field of artificial intelligence, and Nvidia’s market-leading products have become a major point ...

Global investment in artificial intelligence (AI) could decline by 10 per cent in 2028, potentially weighing on stock markets and economic growth, particularly in the United States, according to UK-based research firm Capital Economics. The forecast warns that slowing AI infrastructure spending could trigger a correction in technology stocks and weaken economic activity as companies struggle to generate returns from ...

Global oil prices have fallen below $90 a barrel for the first time since August, as expectations of an end to the Iran war and easing tensions in the Middle East eased concerns over supply disruptions. In the latest trading session, Brent crude, the international benchmark, fell 3.1% to $89.66 a barrel. Meanwhile, West Texas Intermediate (WTI), the US benchmark, ...

High-quality 22-karat gold jewellery in the domestic market is currently selling at nearly Tk 2.27 lakh per bhori including value-added tax (VAT), while traditional method gold remains above Tk 1.5 lakh per bhori. The revised prices, which took effect from 10:00AM on Friday (November 6), remained unchanged on Tuesday (November 10). Under the current pricing structure, 22-karat gold per bhori ...

Apple and Samsung are increasingly partnering with Chinese technology firms to strengthen their artificial intelligence (AI) services in China, seeking to navigate regulatory requirements and remain competitive in the world’s largest smartphone market. According to The Korea Herald, Apple has partnered with Alibaba to integrate its Qwen AI model into Apple Intelligence, while Samsung relies on Baidu’s Ernie model to ...

Garment workers have returned to their workplaces in Savar, Ashulia, Gazipur and Narayanganj after several days of labour unrest, with most factories reporting workers’ attendance today as the situation in the country’s readymade garment (RMG) sector gradually returns to normal. The return to work comes as factories began paying workers’ October wages on November 5, with the Bangladesh Garment Manufacturers ...

A total of 180 flights from Dhaka to Saudi Arabia’s Riyadh and Dammam have been cancelled since October 10, affecting 23,085 passengers, according to the Civil Aviation Authority of Bangladesh (CAAB). CAAB disclosed the information on Saturday, November 7. Of the cancelled flights, 103 were direct flights and 77 were transit flights, according to CAAB sources. Among the direct flights, ...

The ninth edition of the weekly ‘Super Sale Car Bazar’ was held at the International Convention City Bashundhara (ICCB) in the capital on Friday, bringing together vehicle buyers, sellers, dealerships and businesses from the automobile sector. The event began at 10am at ICCB’s Expo Village, where visitors had the opportunity to explore a range of new, reconditioned and pre-owned cars, ...

National Parliament Speaker Hafiz Uddin Ahmed inaugurated the three-day exhibition at the InterContinental Dhaka hotel. Photo : Collected The 30th US Trade Show 2026 began in the capital on Thursday, marking three decades of expanding trade and commercial relations between Bangladesh and the United States. National Parliament Speaker Hafiz Uddin Ahmed inaugurated the three-day exhibition at the InterContinental Dhaka hotel, ...