Photo : An address sign for Facebook Way is shown in Menlo Park, Calif. Facebook unveiled a broad plan Tuesday, June 18, to create a new digital currency. San Francisco, Jun 19 : Facebook already rules daily communication for more than 2 billion people around the world. Now it wants its own currency, too. The social network unveiled an ambitious ...
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UK businesses look for opportunities in Bangladesh
Representational image Dhaka, Jun 18 : A delegation of British-Bangladeshi businesspersons is exploring investment opportunities in Bangladesh. The areas being explored include ICT, garments, manufacturing, infrastructure, engineering, construction, logistics, banking, financial services and other consumer sectors. A 23-member trade mission by the UK Bangladesh Catalysts of Commerce & Industry (UKBCCI) visited BIDA’s offices on Tuesday. The mission hopes to further ...
Read More »Heathrow reveals expansion ‘masterplan’
London, Jun 18 : Heathrow Airport will construct a third runway by 2026 and complete its expansion by 2050, according to its “masterplan” published on Tuesday. The plan includes diverting rivers, moving roads and rerouting the M25 through a tunnel under the new runway. Heathrow’s expansion has faced fierce opposition, but the airport says it has engaged with local communities ...
Read More »Facebook set to unveil new cryptocurrency
Facebook is set Tuesday to unveil a bid to bring cryptocurrency payments into the mainstream, reportedly with the endorsement of governments and financial giants. The world’s biggest social network is expected to outline details of a virtual currency launching next year that it hopes will avoid the rollercoaster volatility of “blockchain” technologies such as bitcoin. Facebook is setting up a ...
Read More »Asian markets mixed ahead of central banks’ rate decisions
Photo : A man walks by an electronic stock board of a securities firm in Tokyo, Tuesday, June 18, 2019. Singapore, Jun 18 : Asian stocks were mixed on Tuesday as caution set in ahead of interest rate decisions by the U.S. Federal Reserve and other central banks. Japan’s benchmark Nikkei 225 eased 0.7% to 20,972.71 while South Korea’s Kospi ...
Read More »Narayanganj youth builds gorgeous electric car from scratch
Photo: Made almost from scratch, the car runs on five batteries. Narayanganj, June 17 : At first sight, it looks like a gorgeous imported sports car. At most, some may think it was assembled in the country after importing foreign materials. But a youth named Akash, a resident of Narayanganj, actually built the car from scratch at a workshop here ...
Read More »Donald Trump hits out again at Sadiq Khan over London violence
US President Donald Trump has once again criticised London Mayor Sadiq Khan, calling him a “national disgrace” who is destroying the UK’s capital. His comments came after five attacks in London in less than 24 hours left three men dead and three others injured. Labour leader Jeremy Corbyn said it was “absolutely awful” Mr Trump was using the “tragedy of ...
Read More »Target’s tech trouble clogs stores with long checkout lines
Photo: Customers wait on a long check out line at a Target store in San Francisco on Saturday, June 15, 2019. San Francisco, Jun 16 : A glitch stalled checkout lines at Target stores worldwide Saturday, exasperating shoppers and potentially eating into sales at a prime time for retailers, the day before Father’s Day. The roughly two-hour outage periodically prevented ...
Read More »Middle East attack jolts oil-import dependent Asia
Photo: Yutaka Katada, president of Kokuka Sangyo Co., the Japanese company operating one of two oil tankers attacked near the Strait of Hormuz, shows a photo of the attacked oil tanker during a news conference Friday, June 14, 2019, in Tokyo. Seoul, Jun 15 : The blasts detonated far from the bustling megacities of Asia, but the attack this week ...
Read More »Asian shares mixed over concerns about oil tankers, trade
Photo : In this June 6, 2019, file photo specialist John Parisi, left, works with traders on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, June 13. Tokyo, June 14 : Asian shares were mixed Friday as investors weighed a variety of factors, including suspected attacks on two oil ...
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