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Jaguar Land Rover cuts output due to chip shortage

Carmaker Jaguar Land Rover (JLR) is reducing output at its factories in Solihull and Halewood until the spring, due to ongoing problems obtaining enough computer chips for new vehicles. The action is expected to affect the output of models such as the Jaguar F-Pace and Land Rover Discovery Sport. The move is understood to be temporary, with JLR focusing on ...

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UK nurses strike latest crisis for health service

With record waiting times, staff shortages, financial black holes and now a nurses strike over pay, the UK’s state-run National Health Service is facing an unprecedented crisis. The walk-out by nurses next month heaps fresh misery on the much-loved but creaking institution, just as winter illnesses bite and as the country faces a prolonged recession. Matthew Taylor, head of the ...

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Bangladesh reports zero Covid death, 20 cases

Bangladesh on Thursday recorded zero Covid-19 death while it reported 20 coronavirus positive cases. “Bangladesh reported 0.65 percent Covid-19 positive cases as 3,067 samples were tested during the last 24 hours,” a daily statement of the Directorate General of Health Services (DGHS) said here. In the past 24 hours, the combined figure of coronavirus infection in Dhaka district and the ...

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Stocks rise, dollar slips as Fed signals softer rate hike pace

Asian markets rallied Thursday and the dollar weakened further after minutes from the Federal Reserve’s latest policy meeting suggested it could slow its pace of rate hikes. The news provided traders with a cushion against concerns about surging Covid cases in China that have fanned speculation authorities will revert to lockdowns and other economically debilitating measures to fight the outbreak, ...

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Foxconn confirms ‘violence’ at China iPhone factory

Taiwanese tech giant Foxconn on Wednesday confirmed overnight “violence” at its vast iPhone factory in Zhengzhou, central China, and vowed to “avoid similar incidents” in the future. In a statement, the company said workers had complained about pay and conditions at the plant, but denied it had housed new recruits with Covid-positive staff.

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Bangladesh reports 33 more Covid cases

Bangladesh reported 33 more Covid cases in 24 hours till Wednesday morning. With the new numbers, the caseload rose to 2,036,449, according to the Directorate General of Health Services (DGHS). The total fatalities remained unchanged at 29,431 as no death was reported during this period. The daily case test positivity slightly dropped to 0.87 per cent from Tuesday’s 0.89 per ...

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Bangladesh reports 23 Covid cases

Bangladesh reported 23 more Covid cases in 24 hours till Tuesday morning. With the new numbers, the caseload rose to 2,036,416, according to the Directorate General of Health Services (DGHS). The total fatalities remained unchanged at 29,431 as no death was reported during this period. The daily case test positivity rate rose to 0.89 per cent from Monday’s 0.66 per ...

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Govt increases prices of 24 medicines manufactured by Libra

The Directorate General of Drug Administration has increased the prices of 24 medicines manufactured by Libra Pharmaceuticals Limited. The medicine price hike comes at a time when people in general are already affected by the soaring prices of essentials and services as well.

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Global oil prices plunge over 5pc on weaker China demand fears

World oil prices plunged more than five percent Monday, reaching the lowest levels since January, on forecasts of a hit to Chinese demand. Brent North Sea crude slumped 5.5 percent to $82.84 per barrel and WTI shed 5.7 percent to $75.55 as China’s first coronavirus death in six months triggered fears of renewed strict lockdowns in the world’s second biggest ...

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Dengue: Four die, 606 hospitalised in last 24 hours

Four dengue patients died and 606 more people were hospitalised with the mosquito-borne disease across the country in the last 24 hours Monday (Nov 21). In the 24 hours, 289 new dengue patients were admitted to different hospitals in Dhaka, said the DGHS release. However, 317 dengue patients were admitted outside the capital. According to DGHS, 1,258 patients are undergoing ...

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