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 ...
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Oil slips below $90 after months
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, ...
Read More »Gold prices hold firm following recent BAJUS adjustment
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 ...
Read More »Apple, Samsung turn to Chinese AI firms to boost competitiveness
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 ...
Read More »Garment workers return to factories in Savar, Ashulia, Gazipur, Narayanganj
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 ...
Read More »180 flights cancelled on Riyadh-Dammam routes
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, ...
Read More »Super Sale Car Bazar holds ninth edition at ICCB
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, ...
Read More »30th US Trade Show 2026 begins in Dhaka
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, ...
Read More »Gold climbs further as 22-carat price reaches Tk 224,182 per Bhori
Gold prices in Bangladesh have risen by another Tk 3,324 per Bhori, taking the price of 22-carat bullion to Tk 224,182 in a fresh adjustment by the Bangladesh Jewellers Association (BAJUS). The new rates took effect nationwide at 1:45pm on Wednesday, just two days after the previous increase. BAJUS had raised the price by Tk 3,266 on Monday, setting it ...
Read More »Google invests $15bn in Malaysia, eyes 37,000 jobs
Google has announced an additional $15 billion investment in Malaysia over the next two years to expand its data centre infrastructure, creating more than 37,000 local jobs annually during construction, according to Malay Mail. Ruth Porat, president and chief investment officer of Alphabet and Google, announced the investment at an AI event in Kuala Lumpur on Wednesday (November 4). The ...
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