Business

Photo: Khaled al-Otaiby, an official of the Saudi oil company Aramco, watches progress at a rig at the al-Howta oil field near Howta, Saudi Arabia. New York, May 23 : Saudi Arabia’s state owned oil company will begin buying liquid natural gas from a U.S. company under a 20 year agreement, reflecting the shifting dynamics in the world’s energy markets. ...

The embassy of Bangladesh to Lebanon is going to organise a three-day ‘Bangladesh Single Country Trade Fair’ at a hotel in Beirut from June 20 to 22 for expanding the market of the Bangladeshi products in that country. “There are huge potentialities of the Bangladeshi products in the Lebanon market. So, Bangladeshi business entities will take part in the tradeshow ...

Beximco Communications Limited has launched a world standard Direct to Home (DTH) service in the country under the brand name- ‘AKASH’ on Thursday, May 16, 2019. Photo: Courtesy Dhaka, May 16 : Beximco Communications Limited has launched a world standard Direct to Home (DTH) service in the country under the brand name- ‘AKASH’ on Thursday. AKASH, is the first and ...

Ever called for an Uber after a long, tiring day and realised the driver was being too chatty? You can take a break from drivers who go on to give you a tour of the city unasked with a simple yet subtle new feature.   Uber Black and Uber Black SUV riders in the US will now be able to ...

Photo: A currency trader watches the computer monitors near the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Wednesday, May 15, 2019. Beijing, May 15 : Asian stocks followed Wall Street higher Wednesday after President Donald ...

Power generation witnesses a record high as much as 12,412MW gave people relief from the heat wave that is sweeping over parts of Bangladesh after rains triggered by cyclone ‘Fani’. As there is no shortage in power generation, the Power Development Board (PDB) has streamlined the power distribution system to bring down the power cuts to almost zero level across ...

Asian shares were mostly lower Thursday amid investor jitters ahead of the latest round of trade talks between the U.S. and China. Japan’s benchmark Nikkei 225 was down 1.3% in early trading to 21,333.22. Australia’s S&P/ASX 200 gained 0.4% to 6,291.60. South Korea’s Kospi dropped 1.0% to 2,145.82. Hong Kong’s Hang Seng lost 1.6% to 28,549.70, while the Shanghai Composite ...

Photo: workers wrap fibreglass next to the robot arms at a factory in Jiujiang in central China’s Jiangxi province. Beijing, May 8 : China’s exports fell unexpectedly in April, adding to pressure on Beijing ahead of negotiations on ending a tariff war with Washington over Chinese technology ambitions. Wednesday’s announcement of trade data came after President Donald Trump sent global ...

India and China are working closely on common trade concerns, including cooperation in buying oil and gas, against the backdrop of a US squeeze through tariffs and sanctions on Iranian oil imports, officials with direct knowledge of the matter said. Efforts have been made by the world’s second- and third-largest oil importers to find common ground and energy cooperation is ...

Shares in India’s second-largest airline Jet Airways jumped almost three percent Wednesday following reports that salt-to-steel conglomerate Tata Group might invest in it.   Tata is reviewing Jet’s accounts with a view to potentially buying a stake, Bloomberg News reported, while on Tuesday the Mint daily said Tata’s finance chief and Jet’s chairman were leading the talks.  A spokesperson for ...