Home / Business (page 22)

Business

A take-away in Bristol working to reduce single-use plastic has won a national industry award.

Rajastan Royal, in Downend, has been named Takeaway of the Year in the South West region for the second year running in the annual Asian Curry Awards. The awards, sponsored by Just Eat, celebrates innovative vision and exceptional food. Naseem Talukdar is marketing manager at Rajastan Royal and founder of Plastic Pollution Awareness and Action Projects (PPAAP), a charity set up ...

Read More »

Oil price soars to highest level since 2008

Oil prices have soared to the highest level since 2008 after the US said it was discussing a potential embargo on Russian supplies with its allies. Brent crude – the global oil benchmark – spiked to above $139 a barrel, before easing back to below $130. Energy markets have been rocked in recent days over supply fears triggered by the ...

Read More »

IFC appoints Holtmann as country manager for Bangladesh, 2 other countries

International Finance Corporation (IFC) has appointed Martin Holtmann as the new Country Manager for Bangladesh, Bhutan, and Nepal. According to release of IFC, a member of the World Bank Group, Holtmann, based in Dhaka, will focus on developing new opportunities for private sector investments and increasing the financing agency’s impact investments as the region recovers from the impacts of COVID-19, ...

Read More »

Visa, Mastercard suspend operations in Russia

Card payment giants Visa and Mastercard announced Saturday they will suspend operations in Russia, the latest major US firms to join the business freeze-out of Moscow over its invasion of Ukraine. “Noting the unprecedented nature of the current conflict and the uncertain economic environment,” Mastercard said it had “decided to suspend our network services in Russia.” Visa, for its part, ...

Read More »

Global food prices hit a record high in February

World food prices hit a record high in February, led by sharp increases in vegetable oils and dairy products, to post a 24.1% increase year-on-year, the UN food agency said on Friday. The Food and Agriculture Organization’s (FAO) food price index, which tracks the most globally traded food commodities, averaged 140.7 points last month against a downwardly revised 135.4 in ...

Read More »

Russian tech giant Yandex says might default

Russian tech giant Yandex warned Thursday it may default on its debt after it was suspended from trading on New York’s digital stock exchange. Nasdaq and the New York Stock Exchange this week halted all listings of Russian companies until they explain how they will be impacted by sanctions imposed by the US and its allies in the wake of ...

Read More »

LPG cylinder price raised by record Tk 151

The government has fixed the price of each 12 kg liquefied petroleum gas (LPG) cylinder at Tk 1,391, raising by a record of Tk 151. According to the new rate, the price of each kg of LPG has been raised by Tk 12.54. So, the price of a cylinder of 12kg LPG has been increased by Tk 50.56. Bangladesh Energy ...

Read More »

Gold price hiked by Tk 3,265 per bhori

The price of per bhori (11.664 grams) of 22 carat gold has been fixed at Tk 78,265 raising by Tk 3,265 in the local jewelry market. For 21 carat gold, the price has been increased to Tk 74,766 per bhori raising by Tk 3,091. For 18 carat gold, the price has been fixed at Tk 64,152 per bhori raising by ...

Read More »

Amazon to shut its bookstores, other shops

Amazon.com Inc said on Wednesday it plans to close all 68 of its brick-and-mortar bookstores, pop-ups and shops carrying toys and home goods in the United States and United Kingdom, ending some of its longest-running retail experiments. The news, which Reuters was first to report, marks a turning point for a company that began as an online bookseller and helped ...

Read More »

Asian shares slip, oil above $110 as Russia sanctions bite

Asian stocks came under renewed pressure on Wednesday and the price of oil surged past $110 per barrel as investors fretted about the impact of aggressive sanctions against Russia over its invasion of Ukraine. As global sanctions against Moscow tighten, the United States banned Russian flights using American airspace, following similar moves by the European Union and Canada, reports Reuters. ...

Read More »