Mobile phone company officials, however, said the timeline was too short for collecting such a large number of data
Read More »Unilever, Henkel and buyout funds eye bids for Coty’s $7b beauty brands
Consumer goods giants Unilever and Henkel and a series of buyout funds including Advent and Cinven were talking to US cosmetics maker Coty to submit bids for some of
Read More »Gold gains as US-China trade uncertainty lingers
Gold firmed on Friday as doubts persisted over the prospects of an interim trade deal being struck between United States and China this year, while supply-squeezed palladium was en route to its best week in 10.
Read More »Oil holds near two-month high on OPEC+ extension expectations
Oil prices held near two-month highs on Friday and were set for a third consecutive week of gains, boosted by expectations of an extension to OPEC+ production cuts although doubts over US and China trade talks capped gains.
Read More »Global shares inch up, but trade worries linger
Global stocks inched up on Friday, lifted by China’s renewed offer to work out a trade pact with Washington, but gains were limited by uncertainty over how the 16-month-old trade war plays out and how much it may undermine the world economy.
Read More »US, China in ‘no hurry’ for trade deal
US president Donald Trump and his Chinese counterpart Xi Jinping both insisted Friday they would resist pressure to give ground on a trade deal that Washington’s leader said could be “very close.”
Read More »Onions pick an extra Tk 2.02b from consumer’s pockets
Onion consumption has fallen in the country with its spiralling prices. Even so, expenditure has shot up and around Tk 2.02 billion (Tk 202 crore) has been filched from the consumers’ pockets in the one and
Read More »Turkey interested to invest in Bangladesh’s tourism
Turkey has expressed its interest to invest in Bangladesh’s tourism sector. Turkish Culture and Tourism Minister Mehmet Nuri Ersoy expressed such interest during a meeting with Finance Minister AHM Mustafa Kamal at Ankara on Wednesday, said a Finance Ministry release received on Thursday.
Read More »E-commerce giant Alibaba raises $11 billion in share listing
The Chinese e-commerce giant Alibaba has raised at least $11 billion in a share offering in Hong Kong, netting the city’s biggest offering since 2010 despite recent political turmoil.
Read More »Stocks end week up
The Dhaka Stock Exchange (DSE) on Thursday bounced back to the green after witnessing correction in the last session amidst increased participation from the enthusiastic investors. The positive vibe was observed from the beginning of the session which continued till the closure although volatility recorded in the last hour of …
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