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All-New BMW 1 Series Launch Confirmed For 2019

The BMW 1 Series has been one of the long-awaited launches not only for the Indian market but also globally. The 1 Series is BMW’s most affordable offering and has been around since 2011 globally. The hatchback also made its way to India in 2012. However, it was soon taken off the production line in India pertaining to its low demand. ...

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Tesla unveils Model Y electric vehicle with 7-seats

Tesla has officially launched the Model Y at an event in Hawthorne tonight and it came with no big surprises but definitely delivered on specs in the higher end of our expectations.   They announced a Model Y range of up to 300 miles for the compact electric SUV based on the Model 3 platform, which is surprisingly going to ...

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US Trade Show kicks off in city

Dhaka, Mar 14 : The 26th US Trade Show, 2019 began on Thursday at Pan Pacific Sonargaon Hotel in the capital. Commerce Minister Tipu Munshi inaugurated the three-day trade show when US Ambassador to Bangladesh Earl R Miller was present. The American Chamber of Commerce in Bangladesh (AmCham) and the United States Embassy in Dhaka organized the show to promote ...

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Pound jumps to nine-month high

The pound has jumped to highs last seen in June 2018 after Parliament rejected a no-deal Brexit. Investors saw less risk of a disorderly exit from the European Union.   MPs rejected leaving the EU without a deal in any scenario, paving the way for a vote on whether to try and delay Brexit.   Business leaders welcomed the outcome of ...

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Asian stocks follow Wall Street higher ahead of Brexit vote

Photo: A man walks near the screens showing the Korea Composite Stock Price Index (KOSPI) and the foreign exchange rates at the Korea Exchange in Seoul, South Korea, Tuesday, March 12, 2019. Beijing, Mar 12 : Asian stocks followed Wall Street higher on Tuesday as investors awaited Britain’s vote on a plan to leave the European Union. The Shanghai Composite ...

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EU buyers turn to Bangladeshi ceramics

Buoyed by boosting export to the European markets, ceramic items of Bangladesh registered 127 percent growth in foreign currency earning.   Top buyers of European Union (EU) and other countries have started to move to Bangladesh for ceramic items that pushed export earnings of the sectors to a healthy growth of $ 5.65 crore in the first eight months of ...

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China hopeful on US trade talks: official

Beijing is hopeful about its next round of trade talks with the US, China’s vice minister for commerce said Saturday, after revealing that top negotiators had tried to hammer out a deal over burgers and eggplant chicken.   China and the United States have been locked in a bruising trade war since last year, imposing tit-for-tat tariffs on more than ...

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World’s most expensive new car unveiled

French supercar maker Bugatti has unveiled the world’s most expensive new car, sold to an unnamed buyer for at least $11m (£9.5m) before tax. The exact price is not being revealed, but is thought to have overtaken the previous new car record – about £8-9m for a Rolls-Royce Sweptail.   With engine power about 20 times a Ford Fiesta, the ...

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Winner of Asian Curry Awards ‘Best Newcomer’ restaurant announces Meat-Free Mondays

  Saffron Summer Indian fine dining restaurant in Chessington, which was named ‘Newcomer of the Year’ at the Asian Curry Awards, has announced a new Meat Free Monday menu. The move comes after large numbers of its customers requested plant-based dishes, as they adopted Veganuary in the new year. “We’ve always had a significant number of vegetarian and vegan customers, but after Christmas probably as ...

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UK may slash trade tariffs under a no-deal Brexit

The UK government may cut trade tariffs on between 80% and 90% of goods in the event of a no-deal Brexit, reports say. Some tariffs would be scrapped completely, including those on car parts, and some agricultural produce.   However, 10-20% of key products would continue to be protected by the current level of tariffs, including some textiles, cars, beef, ...

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