Loading...

Search results for: trade

UK car sales fall for fifth month in a row

-- October 05, 2017 13:53:49

New car registrations in Britain continue to fall for the fifth consecutive month this year, according to preliminary numbers from an industry body. The registrations fell 9.2 per cent in September,...

Indian government considering exemptions sought by Apple: official

Reuters October 05, 2017 13:41:47

The Indian government is considering exemptions sought by Apple Inc for setting up a unit to assemble iPhones, Ramesh Abhishek, the top bureaucrat in the Department of Industrial Policy and Promotion,...

Google unveils new Pixel phone

Reuters October 05, 2017 12:45:47

Alphabet Inc’s Google on Wednesday unveiled the second generation of its Pixel smartphone along with new voice-enabled home speakers, redoubling its commitment to the hardware business as it com...

Oil prices stabilise on supply hopes

-- October 05, 2017 10:56:23

Oil prices stabilised on Thursday on expectations that Saudi Arabia and Russia would extend production cuts, although record US exports dragged on the market. Brent crude futures LCOc1, the internati...

BGB nabs hundi trader at Benapole

-- October 05, 2017 10:36:52

Members of Border Guard Bangladesh (BGB) nabbed an alleged hundi trader along with US$22,500 from Benapole check-post on Wednesday. Lieutenant colonel Ariful Haq said, tipped off, a team of BGB-49 ar...

Bangladesh, China on the fast track to Free Trade Area

Rezaul Karim October 05, 2017 10:19:51

A joint feasibility study on a bilateral free-trade area (FTA) between Bangladesh and China may begin shortly under a move to enhance the two-way trade. Officials said the first meeting on the feasib...

Russia takes advantage of China’s North Korea coal ban: Analyst

-- October 05, 2017 00:46:27

LAUNCESTON, Australia, Oct 4 (Reuters): China's coal import data for August flung up an interesting anomaly in the form of renewed imports from North Korea, but of far more interest is the surge in ca...

Walton offers cash vouchers on digital registration of product

FE Online Desk October 04, 2017 20:36:38

Walton is offering cash vouchers of different values to mark its new initiative of digital registration of the sold appliances across the country, said a press release.  Senior operative directo...

Ford to quit making traditional cars

-- October 04, 2017 19:08:37

Ford's new boss has outlined plans which he says will make the US car giant "fit" to compete in a changing industry, reports BBC. Jim Hackett said Ford would shift resources from traditional cars to...

Amazon, Apple caught in EU tax crackdown

-- October 04, 2017 19:07:24

The European Union has launched a fresh crackdown over taxes paid by tech giants Amazon and Apple, reports BBC. Amazon has been ordered to repay €250m (£221m; $293m) in back taxes after th...

Indian two wheelers co to export to Bangladesh

-- October 04, 2017 17:41:11

Indian two wheelers producing company Piaggio Vehicles Private Ltd (PVPL) is planning to export its products Bangladesh shortly, a top company executive said. It has also planned export to Sri Lank...

Global oil prices ease on doubts

-- October 04, 2017 14:59:07

Oil prices eased on Wednesday, pulled down by caution that a rally that lasted for most of the third quarter would not extend through the last three months of the year. US West Texas Intermediate (WT...

Dollar step back from a 1-1/2-month high

-- October 04, 2017 14:52:56

The dollar stepped back from a 1-1/2-month high on Wednesday on speculation that Trump’s choice for the next Fed chair could be a less hawkish candidate than some had expected. The dollar had r...

Gold prices rise on dollar retreat

-- October 04, 2017 14:37:55

Gold prices rose on Wednesday after marking a 7-week low in the previous session, buoyed as the dollar pulled back from a 1-1/2-month high against a basket of currencies. Spot gold had risen 0.3 per...

'Oppo' cleared to open own stores in India

Reuters October 04, 2017 13:53:58

India has approved smartphones maker Oppo’s request to open single-brand retail stores in the country, paving the way for the Chinese firm to sell directly to consumers and add to its existing w...

Capital shortfall cripples commercial operation of Probashi Kallyan Bank

FE Report October 04, 2017 10:58:20

An initiative taken by the government to start the commercial operation of Probashi Kallyan Bank (PKB), a state-owned specialised bank, has seen no visible progress mainly due to lack of required paid...

Dhaka urges Delhi to lift antidumping duty on jute

FE Report October 04, 2017 00:55:38

At a business talk with the Indian finance minister, Dhaka urged Delhi Tuesday to lift the antidumping duty imposed on export of Bangladeshi jute and jute-made products, saying that the measure was co...

Commercial launch of metro rail likely to miss schedule

Munima Sultana October 04, 2017 00:48:42

Some problems, including the ones in the bidding process, are likely cause substantial delays in launching of the much-publicised metro rail. Project sources said commercial launching of mass rapid t...

BD set to pour first concrete into Rooppur N-plant this month

FE Report October 04, 2017 00:46:07

The government is set to pour first nuclear concrete into the Rooppur nuclear power plant (RNPP) project this month after ending the pre-construction phase, said officials. Russian President Vladimi...

UAE banks 'more aggressive' about selling Qatar loans as Gulf rift drags on

-- October 04, 2017 00:31:41

DUBAI, Oct 3 (Reuters): A number of banks in the United Arab Emirates (UAE) are in talks with international counterparts to sell down their Qatar exposure as the Gulf's diplomatic crisis drags on with...

Oil steadies after steep losses, speculators grow impatient

-- October 04, 2017 00:28:29

LONDON, Oct 3 (Reuters): Oil steadied on Tuesday, as speculators took profits on some large positions that have built up in the last couple of weeks, but the prospect of gradually ebbing oversupply le...

Food ministry blames commerce ministry for higher rice price

-- October 03, 2017 23:17:44

The food ministry, under fire for costlier rice, has piled blame on the commerce ministry, accusing it of wasting time before deciding to cut back on import duty. The commerce ministry should have re...

Oil prices decline for second day

-- October 03, 2017 13:51:08

Oil prices fell on Tuesday, declining for a second day and sapping more strength from a third-quarter rally, amid signs that a global glut in crude may not be clearing as quickly as some had hoped. U...

Bangladesh, UAE expand aviation ties

-- October 03, 2017 13:51:00

Bangladesh and the United Arab Emirates (UAE) have signed an air service agreement to strengthen and expand aviation relations between the two countries. Civil Aviation and Tourism Minister Rashed Kh...

Uber UK boss quits

Reuters October 03, 2017 13:11:41

Uber’s top boss in Britain will quit the taxi hailing app, according to an email seen by Reuters on Monday, as the company prepares to meet the London transport regulator in a bid to keep operat...

Dollar hits 1-1/2-month high

-- October 03, 2017 12:47:35

The dollar struck a one-and-a-half-month high on Tuesday as Treasury yields rose after a strong reading for US manufacturing activity hardened expectations for US interest rates to rise by the year-en...

Global gold prices edge down

-- October 03, 2017 12:40:02

Gold edged down to mark a near 7-week low early on Tuesday, as the dollar remained buoyed by upbeat economic data and strong US treasury yields. Spot gold was down 0.1 per cent at $1,269.50 an ounce...

Benapole port resumes service after 6-day hiatus

-- October 03, 2017 11:49:16

The export-import activities between Bangladesh and India through Benapole land port resumed on Tuesday, after a six-day vacation. Trucks carrying imported goods started entering Benapole from India...

BIDA to launch 'one stop service' next year

FE Report October 03, 2017 10:30:56

The Bangladesh Investment Development Authority (BIDA) will launch a pilot by the middle of next year aiming to provide better, easier and transparent services to investors from a single window. "Th...

Rice, wheat traders must get licences by this month

FE Report October 03, 2017 09:55:27

The rice and wheat traders will have to obtain licence from the directorate of food by this month to run their business. Food Minister Md Qamrul Islam on Monday made the directive of getting the comp...