BP has struck a $6bn (£4.4bn) deal to sell a majority stake in its motor oil division Castrol to a US investment firm. The oil giant sold a 65% stake in Castrol, which makes lubricants for cars, motorcycles and industrial vehicles, to New York-based Stonepeak. The deal valued Castrol at $10.1bn (£7.5bn), with BP receiving $6bn in cash, which it ...

What was the last thing you asked an AI chatbot to do for you? Maybe you asked it for an essay structure to help answer a tricky question, provide an insightful analysis of a chunky data set, or to check if your cover letter matches the job description. Some experts worry that outsourcing these kinds of tasks means your brain ...

The government has reduced customs duty on the import of dates by 40 per cent ahead of the holy month of Ramadan, aiming to ensure adequate supply and keep prices within the purchasing capacity of general consumers. In a press release issued on Wednesday, the National Board of Revenue (NBR) said the existing customs duty on date imports has been ...

Attorney General (AG) Md Asaduzzaman would step down from his post on December 27. He came up with this announcement on Wednesday (December 23). On Tuesday, the upazila BNP leaders bought a nomination paper on behalf of Asaduzzaman, two days after he announced he would contest the general elections from Jhenidah-1 constituency on BNP’s ticket. On August 8, last year, ...

BNP has left seven more parliamentary seats for its allies as part of a seat-sharing arrangement. The announcement came at a press conference at the party Chairperson’s Gulshan office on Wednesday afternoon by BNP Secretary General Mirza Fakhrul Islam Alamgir. Under the arrangement, Nagorik Oikya President Mahmudur Rahman Manna will contest from Bogura-2, Jatiya Party (Kazi Zafar) leader Mostafa Jamal ...

The Bangladesh Small and Cottage Industries Corporation (BSCIC) industrial estate built at Sreemangal in Moulvibazar at a cost of Tk 49 crore with the aim of promoting industrialisation and creating employment has yet to go into operation even after six years. Instead of factories, the area has turned into a safe haven for wildlife. To establish an industrial estate, BSCIC ...

The head of Libya’s armed forces and four other high ranking military officials died late Tuesday when their business jet crashed shortly after taking off from Ankara, officials in Turkey’s capital and Tripoli said. The wreckage of their Falcon 50 aircraft was located by Turkish security personnel in the Haymana district near Ankara, Turkish Interior Minister Ali Yerlikaya said. Three ...

The overseas players for the six BPL franchisees have started arriving in Bangladesh ahead of the upcoming Bangladesh Premier League (BPL) T20 tournament, which is set to begin this Friday. Pakistan pacer Mohammad Amir, who will play for the Sylhet Titans, arrived in Sylhet late last night, as confirmed by the franchise management. Rajshahi Warriors’ two direct signings, Sahibzada Farhan ...

Secretary General of Liberal Democratic Party (LDP) Dr Redwan Ahmed has formally joined BNP. He will contest the upcoming national election from the Cumilla-7 constituency with the party’s electoral symbol, the Sheaf of Paddy.

President Mohammed Shahabuddin has appointed Justice Zubayer Rahman Chowdhury as the 26th Chief Justice of Bangladesh. According to a gazette notification issued by the Ministry of Law, Justice and Parliamentary Affairs on Tuesday, President Shahabuddin made the appointment exercising his power following Article 95 (1) of the Constitution. Justice Zubayer is scheduled to take oath as the new Chief Justice ...