Bharti Airtel Ltd reported its third straight quarterly loss on Tuesday, as India’s third-largest telecom firm booked 10.50 billion rupees ($147 million) in charges related to spectrum fee payments and write-downs of network equipment.
Read More »Australia keeps interest rates on hold
Australia’s central bank on Tuesday kept interest rates on hold at a record low, despite expected economic pain from the country’s devastating bushfire crisis and the deadly outbreak of coronavirus in China.
Read More »Singapore Airlines starts Airbus A350-900 flights in Dhaka
Singapore Airlines (SIA) has started its service of Airbus A350-900 medium-haul aircraft for the first time in the country.
Read More »MFS losing steam
Mobile financial service, the great hope for financial inclusion, appears to be faltering.
Read More »60,000 tonnes of Indian diesel to be imported in 2020
The government is all set to bring 60,000 tonnes of diesel at a cost of Tk 314.3 crore from India to meet its domestic demand for 2020.
Read More »Gazprom, Bapex to search for oil, gas in Bhola
Russian energy giant Gazprom and the Bangladesh Petroleum Exploration and Production Company (Bapex) will jointly conduct seismic surveys in Bhola in search of gas and oil.
Read More »Japan warns about risks to economy from China virus outbreak
Japanese economy minister Yasutoshi Nishimura warned on Tuesday that corporate profits and factory production might take a hit from the coronavirus outbreak in China that has rattled global markets and chilled confidence.
Read More »BDF meet begins in city tomorrow
Bangladesh’s key donors sit with top policymakers and officials tomorrow (Wednesday) in Dhaka to get an update on the country’s development plans and programmes.
Read More »New York surges ahead of Brexit-shadowed London in finance
New York remains the world’s top financial center, pushing London further into second place as Brexit uncertainty undermines the UK capital and Asian centers catch up, a survey from consultants Duff & Phelps said on Monday.
Read More »India renews push to sell Air India, puts entire stake on the block
India said on Monday it plans to sell its entire interest in Air India Ltd, making a renewed push to sell the flag carrier after it drew no bids in an effort to auction a majority stake almost two years ago.
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