General Motors confirmed its full-year financial forecast Tuesday, lifting shares as it reported strong consumer demand in spite of a “challenging” environment with grinding inflation. The big US automaker scored a 37 percent jump in third-quarter profits to $3.3 billion, bolstered by strong vehicle pricing in a market with historically low auto inventories. Revenues jumped 56 percent to $41.9 billion, ...

Bangladesh reported another Covid-19-linked death and 185 fresh cases in 24 hours till Tuesday morning. The new figures rose the country’s total fatalities to 29,416 the caseload to 2,034,533, according to the Directorate General of Health Services (DGHS). The daily case test positivity rate rose to 5.70 per cent from Monday’s 4.65 per cent as 3,246 samples were tested during ...

Rishi Sunak on Tuesday became Britain’s third prime minister this year and the first person of colour to lead the former imperial power, vowing to mend its stricken finances after Liz Truss lasted just 49 days, reports AFP. Sunak was set to speak outside 10 Downing Street after his appointment by King Charles III, capping the latest extraordinary twist in ...

Former British leader Boris Johnson Tuesday broke his silence after failing in a dramatic comeback bid, offering new Prime Minister Rishi Sunak his full backing. “Congratulations to Rishi Sunak on this historic day, this is the moment for every Conservative to give our new PM their full and wholehearted support,” Johnson tweeted.

Rishi Sunak will on Tuesday be installed as Britain’s third prime minister this year, replacing the humiliated Liz Truss after just seven weeks and inheriting a daunting array of problems. Sunak became the ruling Conservatives’ new leader on Monday after rival contender Penny Mordaunt failed to secure enough nominations from Tory MPs, and Boris Johnson dramatically aborted a comeback bid. ...

WhatsApp, the messaging platform, has gone down for users around the world, including Bangladesh. Many people have taken to social media to complain they are unable to send or receive messages on the popular Meta-owned platform. When connecting to the browser version (https://web.whatsapp.com/), the URL asks the user if their internet is down and automatically logs out users. Users are ...

Vietnamese budget airline VietJet Air plans to start direct flights between Vietnam and Bangladesh on the Hanoi-Dhaka route from December 2022. Initially, the operation will start with chartered flights, but there is a plan to start regular flights in phases based on passenger demand, said Taslim Amin Shovon, director and CEO of InnoGlobe Travel and Tours Limited, the Bangladeshi partner ...

Akshata Murty, the Indian wife of Britain’s next Prime Minister Rishi Sunak, is fabulously rich thanks to her billionaire father, a fortune that is attracting controversy as ordinary people reel from a cost-of-living crisis. Sunak’s father-in-law, N.R. Narayana Murthy, 76, co-founded tech giant Infosys in 1981. The outsourcing behemoth now worth around $75 billion helped drive India’s transformation into the ...

Jewellers lowered the price of gold by Tk 1,166 to Tk 80,131 per bhori (11.664 gram) as price of pure gold fell in the local market. The price of 22-carat gold is now Tk 6,870 per gram while it is Tk 6,560 for 21-carat gold, according to a press release of Bangladesh Jeweller’s Association (BAJUS) issued on Monday. The price ...

Britain’s Conservative Party leader Rishi Sunak becomes the first Indian-origin and Hindu Prime Minister of the United Kingdom. Former UK Chancellor of the Exchequer Rishi Sunak on Monday became the Conservative Party leader, less than two months after he lost to Liz Truss in the Tory leadership race. Sunak’s change in fate was triggered by the resignation of Truss after ...