Dhaka should work directly with Washington: Mozena
EPB delegation finds business potentials in 4 African countries
Four African countries have expressed interest in increasing trade and business with Bangladesh, especially in pharmaceuticals and jute sectors, said Export Promotion Bureau vice-chairman Shubhashish Bose on Saturday. Full storyDhaka stocks rally on WB funding hopes
Dhaka stocks gained last week, after closing flat in the previous week, as investors became optimistic following the government’s effort to get World Bank’s fund for the construction of the Padma Bridge. Full storyFacebook value slides by $10 billion
Investors wiped $10 billion off the value of Facebook Inc on Friday, taking the recently listed shares to a new low, after the social network offered no forecast and analysts said mobile investments would put... Full storyBangladesh, India to set up 8 more border markets
Dhaka and New Delhi are keen to set up eight more markets along the India-Bangladesh border in the northeastern states, Bangladesh foreign secretary Mohamed Mijarul Quayes said on Friday. Full storySpanish unemployment nears one quarter of the workforce
Spanish unemployment is now near one quarter of the workforce, fuelling fears the country might need a costly bailout as the IMF issued its latest report on the eurozone’s fourth biggest economy. Full storyMaruti Q1 net falls 23pc
Maruti Suzuki, India’s biggest carmaker, lagged estimates with a 23 per cent fall in fiscal first-quarter profit, its fourth consecutive quarterly profit decline, as a weak local rupee currency pushed up costs. Full storyAirbus delays A350 after glitch
Airbus announced a fresh delay to Europe’s newest passenger jet on Friday, but the cost of the setback to the A350 barely dented a stronger-than-expected first-half performance that put rocket fuel under the shares... Full storyBP hit with $3.1b Russian court bill
A Siberian court on Friday piled more legal pressure on BP by ordering the British group to pay $3.1 billion in damages for its attempted Arctic oil exploration tie-up with the state giant Rosneft. Full storyFariduddin becomes EXIM Bank adviser
Md Fariduddin Ahmed has become adviser of EXIM Bank. Prior to the new assignment he was managing director and chief executive officer of the same bank, said a news release. Full storyWall Street looks to Fed, ECB to deliver stimulus
Investors face US and European central bank meetings next [this] week hoping to see fresh action to spur economies damaged by the eurozone sovereign debt crisis. Over the week, the Dow Jones Industrial... Full storyCommodity prices downbeat despite late Draghi lift
Oil and metals prices mostly fell last week despite rallies caused by reassurances about securing the euro’s future and positive Chinese data, analysts said. News Friday that US growth slowed to 1.5 per cent... Full storyAt least three banks seen central to Libor rigging
History suggests obituaries of euro are premature
