Business

Apple CEO Tim Cook seemed to be channelling predecessor and design genius Steve Jobs on Tuesday when he unveiled the iPhone Air, the company’s slimmest handset yet and the biggest change in eight years to a lineup fans and analysts saw as stagnating. Cook kicked off the company’s annual product launch event at its Cupertino, California, headquarters with a Jobs ...

Prominent economist and Chairman of Policy Exchange Bangladesh Masrur Riaz on Monday said the ongoing global trade war has created new opportunities for Bangladesh as American imports are shifting away from China. “Amid this situation, Bangladesh, as a non-aligned or openly non-political country, can become a promising destination,” he said. Masrur was addressing a seminar titled ‘Bangladesh’s Actions in the ...

In a corner of a cavernous 1890s factory in southern Massachusetts, 15 people are bent over sewing machines, churning out specialty, hospital-grade neonatal gear. They are all that remain of what was once a much bigger manufacturing operation, most of which the Teixeira family shut down in 1990, reinventing their business as a largely warehousing and distribution business. Since US ...

Royal Enfield, the iconic motorcycle brand, hosted its first-ever “Ride Out 2025” event in Bangladesh, bringing together nearly 140 riders from across the country in a celebration of motorcycles, community and safe riding. The event was held in collaboration with BikeBD, the country’s leading motorcycle platform founded by Suvro Sen. The ride began at Royal Enfield’s flagship showroom in Tejgaon, ...

Uncertainty loomed over what Saudi Arabia, Russia and six other key members of the OPEC+ alliance would decide on crude output in their meeting on Sunday, with analysts saying a production boost was also being considered. The meeting by the group of eight oil-producing countries known as the “Voluntary Eight” (V8) comes as oil prices extended losses in anticipation of ...

U.S. President Donald Trump signed an executive order on Thursday lowering tariffs on Japanese automobiles and other goods, moving forward with the implementation of a recently negotiated trade agreement between Washington and Tokyo. Under the new order, Japanese vehicles will now face a reduced 15% tariff — down from the previous 27.5%. The cap will also apply to many other ...

Asian stock markets mostly edged higher on Thursday morning, tracking overnight gains on Wall Street after weaker-than-expected US jobs data raised hopes of an interest rate cut by the Federal Reserve. Tokyo, Seoul, Sydney, and Taipei posted gains during early trading hours, while Shanghai fell 0.9% and Hong Kong slipped 0.2%. The Shanghai drop was led by a sharp fall ...

More than 30,000 UK homes have had botched insulation fitted under government schemes putting them at risk of damp and mould, ministers have revealed. It is the first time the government has documented the number of homes blighted by sub-standard work under ECO4 and the Great British Insulation Scheme since 2022. Energy Consumer Minister Miatta Fahnbulleh told parliament it amounted ...

Asian markets slipped on Wednesday as investor jitters over political uncertainty and central bank independence pushed gold to a new all-time high, extending its six-day rally. Gold soared to $3,546.96 an ounce, up 0.4% in early Asian trading, marking a fresh record for bullion. The precious metal has surged 5% over the past six sessions as equities and bonds faced ...

Bangladesh Energy Regulatory Commission (BERC) has cut the retail price of 12 kg LPG by Tk 3. Now, the retail price of a 12-kg LPG cylinder has been set at Tk 1,270, down from Tk 1,273. The new prices come into effect from Tuesday (September 2) evening.