Home / Business

Business

Initiative taken to sell sacrificial animals through online

The Livestock Department of the district has taken initiative to sell sacrificial animal through online to help the marginal cattle farmers in different upazilas of the district who are in dire straits due to the deadly coronavirus ahead of Eid-Ul-Azha. This year the cattle farmers are in trouble as the coronavirus has become an epidemic in the district. The marginal ...

Read More »

UK Puts $1 billion into job centers to help wave of unemployed

The UK will plow 800 million pounds ($1 billion) into job centers in an effort to cope with a surge in unemployment in the wake of the coronavirus pandemic. The government will double the number of work coaches to 27,000 to help benefit claimants back into work, with an initial 4,500 hires by October, the Treasury said late Saturday in ...

Read More »

Dataful receives Amazon activate grant

Bangladeshi startup Dataful has received an amount of an 5,000USD as grant from Amazon  at the Startup Istanbul Acceleration Progamme . This grant will be used to develop infrastructures of Dataful, said a press release on Saturday. Amazon also provides this grant through application. In that case, the amount of the financial grant is worth 1,000USD in a year. Entrepreneurs ...

Read More »

Carlos Ghosn: Japan ask US to extradite ex-Green Beret and son over Japan escape

Japan has asked the US to extradite a former special forces soldier and his son for allegedly helping ex-Nissan boss Carlos Ghosn flee Japan last year. Ex-Green Beret Michael Taylor and his son Peter were held in Massachusetts in May, several months after Japan had issued warrants for their arrest. The US authorities confirmed a formal extradition request was submitted, ...

Read More »

Tesla overtakes Toyota to become world’s most valuable carmaker

Tesla has become the world’s most valuable carmaker, overtaking Japan’s Toyota, after its stock hit a record high. Shares in the electric carmaker touched $1,134 on Wednesday morning before falling back, leaving it with a market value of $209.47bn (£165bn). That is roughly $4bn more than Toyota’s current stock market value. However, Toyota sold around 30 times more cars last ...

Read More »

Facebook: Aviva and Intercontinental Hotels Group pause ads

Two leading UK firms – the insurer Aviva and the Intercontinental Hotels Group (IHG) – have become the latest to “pause” advertising on Facebook. They join Ford, Adidas, HP, Coca Cola, Unilever and Starbucks, which have all acted in response to how the social network deals with hate speech. The Stop Hate for Profit campaign claims that Facebook is not ...

Read More »

Transcom Group chairman Latifur Rahman passes away

Country’s noted Industrialist and Transcom Group chairman Latifur Rahman passed away at his paternal home in Cumilla on Wednesday. He was 75. Latifur Rahman (Shamim) breathed his last in his sleep at 11:00 am this morning. His Namaz-e-Janaza will be held this evening at the Azad Masjid after Esha prayers. He was suffering from lung related illness for a long ...

Read More »

ADB provides additional $100m to expand rural roads

The Asian Development Bank (ADB) and the government of Bangladesh signed an agreement for $100 million in concessional loan to expand the coverage of the ongoing rural road network improvement project in Bangladesh. Economic Relations Division (ERD) Secretary Fatima Yasmin and ADB Country Director Manmohan Parkash remotely signed the loan agreement on behalf of Bangladesh and ADB respectively, said a ...

Read More »

Boeing set for critical 737 Max flight tests

Boeing’s bid to see its 737 Max return to the skies faces a pivotal week with flight safety tests expected to begin. Pilots and technical experts from regulators and the company are understood to be planning three days of tests, possibly starting on Monday. Boeing’s best-selling aircraft was grounded last year after two crashes killed all 346 people on the ...

Read More »

IMF approves emergency funding for pandemic-hit Myanmar

The International Monetary Fund said Friday it will provide Myanmar with $356.5 million in emergency funding, as the southeast Asian country battles an economic slump due to the coronavirus pandemic. “The Myanmar economy is being impacted by the outbreak of COVID-19 through a sharp decline in tourism and remittances and supply chain disruptions,” Mitsuhiro Furusawa, IMF deputy managing director, said ...

Read More »