Three-day US Trade Show is going to begin on February 27 to showcase high quality and cutting-edge American products and services, reports BSS. Over 50 companies would participate in the trade show scheduled to take place in hotel Sonargaon to display different types of products and services, especially in energy, agro-mechanization, and food and beverage sectors, said a US Embassy ...
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Islamic Relief UK shows the love for the earth
Islamic Relief UK, as a member of the Climate Coalition, joined the ‘Show the Love’ campaign to highlight the importance of our environment using a green heart to symbolise all that we love but could lose to climate change. As part of the campaign, Islamic Relief UK volunteers had a stall outside the charity’s London office on Lower Marsh, where ...
Read More »IBBL MD achieves `CEO of the Year’ award
Md Mahbub ul Alam, managing director and chief executive officer of Islami Bank Bangladesh Limited, has achieved ‘CEO of the Year 2019’. The award was conferred by UK-based financial intelligence house Cambridge International Financial Advisory.Dr. Sofiza Azmi, CEO of Cambridge IFA handed over the award to Md. Mahbub ul Alam at the 5th Islamic Retail Banking Awards program recently.
Read More »Huawei: US issues new charges of racketeering and theft
The US has expanded its lawsuit against Huawei, accusing the Chinese telecoms giant of a “decades-long” plan to steal technology from US firms, reports BBC. Prosecutors said Huawei had violated the terms of partnerships with US companies and stolen trade secrets such as source code and robot technology.It adds to a list of other charges brought by the US last ...
Read More »Solid earnings send stock indexes higher on Wall Street
Stocks closed broadly higher on Wall Street Wednesday, driving the S&P 500 and Nasdaq indexes to more record highs. Technology stocks powered much of the rally as investors focused on the latest batch of mostly solid company earnings reports. The latest gains came as worries about the economic impact of the virus outbreak that originated in China continued to subside. ...
Read More »Loan scheme launched at book fair to buy books
A financial institution has come up with first ever loan scheme for persons with 18 years old and above to buy books in the ‘Amar Ekushey Grantha Mela’ aiming to encourage booklovers to read more books. The IPDC Finance Limited has introduced interest-free book loan scheme titled “Subodh at Amar Ekushey Book Fair-2020”, setting an inspirational instance to motivate people ...
Read More »The launch of the Teach Me Islam App and platform (TMI).
Monday 3rd February sees the launch of the Teach Me Islam App and platform (TMI).The app is the brainchild of Nabeela Raza a 25 year old female entrepreneur whose own experiences led her to creating this app. TMI is all about bringing Islamic education into the 21st century, the new app allows parents to browse tutor profiles and select a local Islamic ...
Read More »Coronavirus outbreak: Much of world’s factories still shut
Prices of goods imported from China mark a rise in Bangladesh Photo : A woman walks past an electronic stock board showing Japan’s Nikkei 225 index at a securities firm in Tokyo Monday, Feb. 10, 2020. Asian stock markets slid Monday after China reported an uptick in new cases of its virus outbreak and analysts warned optimism the disease is ...
Read More »Coronavirus: Pressure grows to re-open factories
Companies around the world are waiting for China to re-open its factories and plants on Monday, reports BBC. If this does not happen, major brands from car makers to tech giants will struggle to make their products.Inventories are already running low following widespread shutdowns at Chinese factories forced to close to prevent the spread of the coroanvirus. China, known as ...
Read More »Uber sees path to profit despite $1.1bn loss
Uber’s business continues to grow, but so do its losses. The firm lost $1.1bn (£851m) in the last three months of 2019, even as revenue jumped 37% to $4bn and the number of trips made on its platform rose by 28%.Spending to expand its Uber Eats food delivery business hurt the firm’s bottom line, reports BBC. Uber boss Dara Khosrowshahi ...
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