Business

The OPEC oil cartel and its allies are expected on Thursday to extend their supply cuts to avoid a sharp drop in prices in a global market awash in crude. However, dissension that caused a delay...

Equities extended losses in Seoul on Thursday, while the won stabilised as South Korea entered a period of uncertainty with President Yoon Suk Yeol clinging to power after his brief imposition of martial law this week....

Bitcoin broke the $100,000 mark for the first time Thursday on hopes US president-elect Donald Trump will push through measures to deregulate cryptocurrencies when he takes office next month. The cryptocurrency hit $100,010 in early Asian...

Md. Nahid Islam, the adviser for posts, telecommunications, and information technology, has asked Saudi Arabia to make investments in Bangladesh’s IT industry, specifically in high-tech parks. “The present government is eager to strengthen its existing relationship...

A US judge denied an attempt to reinstate the pay contract through a shareholder vote on Monday, upholding her judgement to reject Elon Musk’s enormous $55.8 billion compensation package at Tesla. In a court filing, Delaware’s...

The IMF executive board voted Monday to approve the immediate disbursement of around $360 million to help support Ghana’s economy, days before Ghanaians head to the polls to pick their next president. “Ghana’s performance under the...

BRAC Bank has partnered with PRAN-RFL Group, a leading conglomerate in Bangladesh, to offer advanced cash management solutions and supply chain financing to optimise their working capital and financial operation. As part of this collaboration, BRAC...

Dr. Ahsan H. Mansur, governor of Bangladesh Bank (BB), announced on Thursday that the central bank had given Tk 225 billion in liquidity support to a number of banks that were affected by the crisis. In...

If the BRICS countries undercut the US currency, President-elect Donald Trump has vowed to levy a 100 percent tax. In reference to the alliance that consists of Brazil, Russia, India, China, South Africa, and others, Trump...

There was a crisis in the supply of bottled soybean oil in the market two weeks ago. Following that, the government reduced the value added tax (VAT) for edible oil import which increased the supply to...