Business

Dhaka, Jun 10 : The export of leather products is showing a downward trend as many tanners could not yet turn their business around after the relocation of tanneries from the capital’s Hazaribagh area to a leather industrial estate in Savar. The export volume declined by 9.08 percent in the first nine months of the current fiscal year compared to ...

The United States is open to further negotiations with China on their ongoing trade battle but any potential deal will wait until the two leaders meet at the end of the month, Washington’s top finance official said Saturday. Speaking to reporters on the sidelines of a meeting of G20 finance ministers and central bank chiefs, Treasury Secretary Steven Mnuchin warned ...

Reparing for Brexit has cost the UK government £97m in consultancy fees, the National Audit Office has revealed. The money has been spent on hiring external experts because government departments lack the staff and skills needed, the NAO said. It criticised the government for a lack of transparency, saying details of contracts had not been published in a timely fashion. ...

During Eid-ul-Fitr, Muslims across the UK will mark the end of Ramadan by celebrating a feast with their friends and family. After long hours of fasting, Eid allows everyone to enjoy experimenting with new recipes, taste new flavours and create traditional favourites sharing inspiration from one another. Asda shoppers share their Eid rituals inspired by the memories of their celebrations. ...

Asian markets largely fell Thursday as Beijing ratcheted up its rhetoric against Washington, fanning investor anxiety over the US-China trade war and a potential global economic slowdown. With no date set for tariff talks to resume in the US-China trade war, and Beijing accusing Washington of “naked economic terrorism” on Thursday in its handling of the dispute, investors appeared resigned ...

Photo: A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Monday, May 27, 2019. Tokyo, May 28 : Asian stocks mostly rose in muted trading Tuesday in the absence of major market-driving news on trade negotiations during the visit of President Donald Trump to Japan. Japan’s benchmark Nikkei ...

The US-Bangla Airlines has included brand new aircraft to its fleet as the first ever country’s private carrier to operate domestic routes. The airlines procured two brand new next generation ATR 72-600 aircrafts recently and scheduled to get two more same modelled turboprop next month to operate flights in domestic routes, a press release said here today. Equipped with modern ...

Asian equities tumbled Thursday as China-US trade frictions continue to dog investors, while the pound hit a fresh-four-month low on Brexit worries and energy firms were battered by plunging oil prices. Markets across the region were in the red as traders ran to the hills, with no signs of a break in the tariffs stand-off between the world’s top two ...

Photo: Khaled al-Otaiby, an official of the Saudi oil company Aramco, watches progress at a rig at the al-Howta oil field near Howta, Saudi Arabia. New York, May 23 : Saudi Arabia’s state owned oil company will begin buying liquid natural gas from a U.S. company under a 20 year agreement, reflecting the shifting dynamics in the world’s energy markets. ...

The embassy of Bangladesh to Lebanon is going to organise a three-day ‘Bangladesh Single Country Trade Fair’ at a hotel in Beirut from June 20 to 22 for expanding the market of the Bangladeshi products in that country. “There are huge potentialities of the Bangladeshi products in the Lebanon market. So, Bangladeshi business entities will take part in the tradeshow ...