British unemployment has held at a 45-year low, official data showed Tuesday, despite headwinds from Brexit and the slowing global economy. The unemployment rate remained at 3.8 percent in the three months to April — the lowest level since the final quarter of 1974, the Office for National Statistics (ONS) said in a statement. The reading was unchanged from the ...
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Asian shares rise as Trump plans to meet Chinese leader
Photo: A driver waits in front of an electronic stock board of a securities firm in Tokyo, Tuesday, June 11, 2019. Tokyo, Jun 11 : Asian shares rose Tuesday as investor jitters over trade eased after President Donald Trump suspended plans to impose tariffs on Mexican imports and said he expects to meet with the Chinese leader. Japan’s benchmark Nikkei ...
Read More »Leather sector export takes a heat as ‘tanneries relocated to Savar’
Dhaka, Jun 10 : The export of leather products is showing a downward trend as many tanners could not yet turn their business around after the relocation of tanneries from the capital’s Hazaribagh area to a leather industrial estate in Savar. The export volume declined by 9.08 percent in the first nine months of the current fiscal year compared to ...
Read More »US leaves door open to China on trade talks at G20
The United States is open to further negotiations with China on their ongoing trade battle but any potential deal will wait until the two leaders meet at the end of the month, Washington’s top finance official said Saturday. Speaking to reporters on the sidelines of a meeting of G20 finance ministers and central bank chiefs, Treasury Secretary Steven Mnuchin warned ...
Read More »Brexit: Government spends £97m on consultants P
Reparing for Brexit has cost the UK government £97m in consultancy fees, the National Audit Office has revealed. The money has been spent on hiring external experts because government departments lack the staff and skills needed, the NAO said. It criticised the government for a lack of transparency, saying details of contracts had not been published in a timely fashion. ...
Read More »During Eid-ul-Fitr, Muslims across the UK will mark the end of Ramadan by celebrating a feast with their friends and family.
During Eid-ul-Fitr, Muslims across the UK will mark the end of Ramadan by celebrating a feast with their friends and family. After long hours of fasting, Eid allows everyone to enjoy experimenting with new recipes, taste new flavours and create traditional favourites sharing inspiration from one another. Asda shoppers share their Eid rituals inspired by the memories of their celebrations. ...
Read More »Asian markets slump over slowdown fears
Asian markets largely fell Thursday as Beijing ratcheted up its rhetoric against Washington, fanning investor anxiety over the US-China trade war and a potential global economic slowdown. With no date set for tariff talks to resume in the US-China trade war, and Beijing accusing Washington of “naked economic terrorism” on Thursday in its handling of the dispute, investors appeared resigned ...
Read More »Asian shares up in muted trading after Trump visit to Japan
Photo: A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Monday, May 27, 2019. Tokyo, May 28 : Asian stocks mostly rose in muted trading Tuesday in the absence of major market-driving news on trade negotiations during the visit of President Donald Trump to Japan. Japan’s benchmark Nikkei ...
Read More »US-Bangla operates new aircraft as 1st pvt carrier
The US-Bangla Airlines has included brand new aircraft to its fleet as the first ever country’s private carrier to operate domestic routes. The airlines procured two brand new next generation ATR 72-600 aircrafts recently and scheduled to get two more same modelled turboprop next month to operate flights in domestic routes, a press release said here today. Equipped with modern ...
Read More »Equities, pound and oil sink in Asia on trade and Brexit woes
Asian equities tumbled Thursday as China-US trade frictions continue to dog investors, while the pound hit a fresh-four-month low on Brexit worries and energy firms were battered by plunging oil prices. Markets across the region were in the red as traders ran to the hills, with no signs of a break in the tariffs stand-off between the world’s top two ...
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