US President Donald Trump on Friday said he does not believe congressional Democrats will approve the updated North American trade agreement he signed last year with Canada and Mexico.
Read More »Strong consumer data lifts US stocks; Tesla tumbles on bumpy pickup launch
Wall Street stocks on Friday cut their losses for the week following solid consumer data that lifted indices after three down sessions.
Read More »US, China each say they are 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 »Hong Kong stocks rise at open
Hong Kong shares opened with slight gains on Friday morning but investors remained on edge after US lawmakers passed a bill supporting the city’s rights, causing anger in China and fuelling concern about ongoing trade talks.
Read More »WeWork to lay off 2,400 workers worldwide
Embattled office sharing firm WeWork will lay off 2,400 employees worldwide — about a fifth of its workforce — as it struggles to reorganize amid mounting losses, the company announced Thursday.
Read More »Aramco IPO: It’s a thanks, but no thanks from Malaysia’s Petronas
With Saudi Aramco yet to name any major foreign investors in its upcoming share sale, Malaysia’s state energy company Petronas [PETR.UL] decided to take a pass on Friday.
Read More »Bangladesh among top four countries in digital economy growth
Bangladesh is one of the top four countries in terms of ‘improvement and remarkable growth’ in digital economy in the last four years, according to Huawei Global Connectivity Index (GCI) 2019.
Read More »CPD warns of debt-servicing trouble
A think-tank on Wednesday warned that Bangladesh would face debt-servicing problem unless it proceeded with caution while securing foreign loans.
Read More »Remittance incentives: Conversion of local currency allowed
Remitters who will wire $1,500 or equivalent amount of other currencies or Tk 150,000 will be eligible for receiving 2.0 per cent cash incentives without showing any documents.
Read More »China’s civil aviation industry posts robust growth
China’s civil aviation sector reported steady expansion as well as continuous high safety standards in the first 10 months of this year, official data showed.
Read More »