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Panasonic to move European headquarters out of UK

Panasonic’s booth at the 2018 IFA consumer electronics show in Berlin (collected photo) Panasonic plans to move its European headquarters from Britain to the Netherlands later this year over concerns about potential tax issues related to Brexit, a company spokeswoman said Thursday. “We will move our European headquarters to the Netherlands,” the spokeswoman told AFP, confirming a report in the ...

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Global shares mostly rise on US, Mexico trade deal

Tokyo, Aug 28 : Global shares were mostly higher Tuesday after the White House said it reached a preliminary agreement with Mexico on replacing a North American free-trade deal. KEEPING SCORE: France’s CAC 40 rose 0.1 percent in early trading to 5,485.39, while Germany’s DAX was up 0.2 percent at 12,561.44. Britain’s FTSE 100 gained 0.7 percent to 7,630.36. U.S. ...

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ARTA cook-off competition ended  Grand Finale on 30th September, Talented chefs are bringing diversity  in cooking.

The final cook-off competition of the Asian Restaurant and Takeaway Awards (ARTA) were held at Hackney City College in London on Monday. Chefs shortlisted from greater London and neighbouring areas participated in the event that was graced by the restaurant directors, celebrities, executive chefs and culinary teachers from colleges and universities. Speaking on the occasion, the guests said many of the ...

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A fifth of brinjal farmers adopt Bangladesh’s first GM food crop

In January 2014 Bangladesh was the first country in South Asia to introduce any genetically modified (GM) food crop in the region. In little over four years’ time nearly a fifth of Bangladeshi brinjal farmers are now cultivating – Bt brinjal – a GM eggplant, making it one of the fastest adopted biotech crops ever, reports UNB.   After October, ...

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Turkey increases tariffs on some US imports, escalating feud

Ankara, Aug 15 : Turkey announced Wednesday it is increasing tariffs on imports of certain U.S. products, escalating a feud with the United States that has helped trigger a currency crisis. In a decision announced in the Official Gazette, Ankara said it will impose extra tariffs on imports of products including rice, vehicles, alcohol, coal and cosmetics. Turkey’s Vice President ...

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Samsung to put $22 billion in artificial intelligence, autos

Seoul, Aug 8 : Samsung Electronics and its affiliated companies plan to spend $22 billion over the next three years on artificial intelligence, auto components and other future businesses. Samsung said Wednesday it will spend the sum, amounting to 25 trillion won, to hire artificial intelligence researchers, to be a global player in next generation telecoms technology and to boost ...

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China tightens controls to slow currency’s fall

Beijing, Aug 6 : China has tightened controls on trading in its yuan to discourage speculators after a decline against the dollar amid a tariff dispute with Washington fueled fears of a damaging outflow of capital from the world’s second-largest economy. Traders must post a 20 percent deposit starting Monday for contracts to buy or sell yuan on a future ...

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Afghanistan keen to import quality products from Bangladesh

Photo: Ambassador of Afghanistan to Bangladesh Abdul Qayoom Malikzad with State Minister for Foreign Affairs M Shahriar Alam. Dhaka, July 25 : Afghanistan has shown interest in importing quality products from Bangladesh including pharmaceuticals, readymade garments and other consumer goods. Newly appointed Ambassador of Afghanistan to Bangladesh Abdul Qayoom Malikzad met State Minister for Foreign Affairs M Shahriar Alam at ...

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Indian airlines eye BD air passengers amid growing Dhaka-Delhi link: Envoy

India’s low-cost carrier IndiGo begins journey in Bangladesh Aug 1 Photo: Minister and Indian envoy with IndiGo officials at Pan Pacific Sonargaon Hotel on Wednesday. Dhaka, July 25 : Indian High Commissioner in Dhaka Harsh Vardhan Shringla has said the increasing interest of their airlines on routes between Bangladesh and India is in tandem with the progress made by trade, ...

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British investors keen to invest more in Bangladesh: Rushanara

Trade ties to grow with UK, hopes Tofail   British Prime Minister’s trade envoy to Bangladesh Rushanara Ali. File photo Dhaka, July 22 : British Prime Minister’s trade envoy to Bangladesh Rushanara Ali, MP, on Sunday said British investors are interested to invest more in Bangladesh as the two countries are in discussion on how the trade relationship can be ...

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