Business

Mainland Chinese shares recovered early losses amid volatile swings, following Monday’s suspension of trading which led to a global equities sell-off. The Shanghai Composite was up 0.8% at 3,324.27 after opening more than 3% lower, while the Hang Seng also changed direction to head up 0.1% to 21,342.09. Trading in Shanghai was suspended early on Monday under a new rule ...

Biman Bangladesh Airlines has decided to add at least two Boeing aircraft to its fleet, aiming to tackle its aircraft shortage after the phase-out of its decades-old two Airbus aircraft. The national flag carrier has floated two tenders in this connection to take the aircraft under dry lease (only aircraft) system for 60 months, UNB reports quoting Biman officials involved ...

Energy firm Npower is to pay £26m after it sent out inaccurate bills and failed to deal with complaints correctly, Ofgem has said. The energy watchdog said Npower was to pay the record settlement “for failing to treat customers fairly”. Npower’s billing issues affected more than 500,000 customers between September 2013 and December 2014. Ofgem said the £26m would be ...

High Commissioner of Bangladesh to the UK, Mr Abdul Hannan said that Bangladesh government would do everything possible to promote businesses and investments between Bangladesh and Wales. He made this comment while addressing a crowd in the annual dinner and networking event of Wales-Bangladesh Chamber of Commerce on Friday, the 4th of December. Mr Hannan was invited in the event ...

British Bangladesh Caterers Association BBCA organised a view exchanging meeting on sustained problems and crisis of curry industry in the UK with MP of British Parliament and All party Curry Group Chairman Paul Scaly in a committee room at House of Commons. The view exchanging meeting took place on 23rd November.  Senior Caterer Yafor Ali lead the group.  BCA leaders ...

Excelsior Sylhet organised a meeting of its investors in a restaurant in Dockland on 22nd November.  Prominent businessman and community activist Siraj Haque presided over the meeting.  Managing Director of Excelsior Sylhet Sayed Chowdhury gave the welcome speech. Other directors and guests who addressed the audience included Marketing Director Ahmod Ali, Director and Convenor of Finance Sub-committee  Accounant Cllr Ayas ...

Gold futures on the COMEX division of the New York Mercantile Exchange rose on Friday as the US dollar showed weakness, along with short covering by traders. The most active gold contract for February delivery rose $22.9 (2.16 per cent) to settle at $1,084.10 per ounce, Xinhua reported. For the week, gold futures added 2.64 per cent, its first weekly ...

Oil prices traded below $42 in Asia Monday ahead of an OPEC meeting and the release of data on China’s important manufacturing sector later in the week. The market will be watching whether members of the Organization of the Petroleum Exporting Countries, which meets on December 4, slash currently high output levels and ease a crude supply glut that has ...

Bangladesh is ready to run trial transmission of bandwidth export to India from tomorrow (Tuesday) through Akhaura-Agartala frontier, said officials. They said Bangladesh Submarine Cable Company Limited (BSCCL), which is responsible for managing bandwidth, has already completed necessary preparation from its side, BSS reports. BSCCL Managing Director Monwar Hossain on Monday said they are ready to run the trial transmission ...

British Bangladesh Caterers Association BBCA organised a view exchanging meeting on sustained problems and crisis of curry industry in the UK with MP of British Parliament and All party Curry Group Chairman Paul Scaly in a committee room at House of Commons. The view exchanging meeting took place on 23rd November.  Senior Caterer Yafor Ali lead the group.  BCA leaders ...