Wednesday, 27 Nov, 2024

Business

Markets see deflation Tuesday

DHAKA: The two bourses of the country – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed loss in share price indices on Tuesday (October 25), the third trading session of the week. DSEX, the prime index of Dhaka Stock Exchange (DSE), shed over 11.8 points

Bangladesh to get spl facility in Sri Lanka ports

DHAKA: Bangladesh shipping line will get special facilities in using the ports in the island nation Sri Lanka. The decision was made in the first ever secretary-level meeting on shipping between the two south Asian neighbors at Bangladesh shipping ministry in Dhaka on Tuesday (October

Markets see loss at opening

DHAKA: The two bourses of the country – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – are witnessing loss in share price indices in the early hours on Tuesday (October 25), the third trading session of the week. DSEX, the prime index of Dhaka Stock Exchange

India puzzled by Tata boss ‘sacking’

DHAKA: The replacement at the helm of India’s largest conglomerate has come as both a shock and a surprise. Tata Sons, the holding company of Tata Group, in a sudden move on Monday, unexpectedly replaced chairman Cyrus Mistry with his predecessor Ratan Tata, The change is made

Dhaka-Delhi commerce secretary-level meet Nov 16

DHAKA: The commerce secretaries of Bangladesh and India are scheduled to sit for a bilateral meeting in New Delhi, the capital city of India, on November 16. A source of foreign ministry confirmed the matter to Banglanews. According to the source, several issues, including transit,

Bourses see up on Monday

DHAKA: Country’s two bourses saw rise of share price indices amid choppy trading on Monday (October 24), the second session of trading week. DSEX, the prime index of Dhaka Stock Exchange (DSE), gained 0.70 points or 0.01 percent to stand at 4693.70 points at the end of day’s

Markets see early hours inflation 

DHAKA: The two bourses of the country – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – are witnessing gain in share price indices in the early hours on Monday (October 24), the second trading session of the week. DSEX, the prime index of Dhaka Stock Exchange

Bourses start week with gain

DHAKA: The two bourses of the country -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- witnessed gain in share price indices on Sunday (October 23), on the first day of the trade week. DSEX, the prime index of Dhaka Stock Exchange (DSE), gained over 0.56 points or

Banks poised to relocate out of UK over Brexit

DHAKA: Large banks are getting ready to relocate out of the UK early next year over fears around Brexit. The British Bankers’ Association (BBA) has warned, reports the BBC. Writing in The Observer, its boss Anthony Browne also says smaller banks could move operations oversees by

AT&T to buy Time Warner for $86bn

The US telecoms giant AT&T has announced that it will buy entertainment group Time Warner for nearly $86bn (£70bn). The deal was agreed at a meeting of the two boards on Saturday but will still need to be approved by regulators. BBC reports that it is the biggest deal in the world

Bourses see gain in early hours

DHAKA: The two bourses of the country – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – are witnessing gain in share price indices in the early hours on Sunday (October 23), the first trading session of the week. DSEX, the prime index of Dhaka Stock Exchange (DSE),

EU hopes to unblock Canada trade deal

DHAKA: The European Parliament president says he is optimistic that a free-trade deal between the EU and Canada can be signed soon despite last-minute obstacles. Objections by a Belgian region, which opposes the deal, “are for us Europeans to solve”, Martin Schulz said. He was

Hacked finance ministry website restored

DHAKA: Bangladesh finance ministry has restored its website on Saturday evening (October 22). Earlier, it was hacked by a group of Tunisian hackers in the afternoon. The site showed “HACKED BY DrLazy & Hetler Tn & Fallag chahine” and “TUNISIAN CYBER RESISTANCE AL FALLAGA

Bangladesh finance ministry website hacked

DHAKA: Bangladesh finance ministry website has been hacked by a group of Tunisian hackers on Saturday afternoon (October 22). The site shows “HACKED BY DrLazy & Hetler Tn & Fallag chahine” and “TUNISIAN CYBER RESISTANCE AL FALLAGA TEAM”. It also shows #StopTheHolocaust |

BAT plans $47bn Reynolds merger

DHAKA: British American Tobacco (BAT) is planning to merge with its US partner Reynolds in a deal valued at $47bn. BAT wants to buy the 57.8% of Reynolds it does not already own, reports the BBC. The merger would bring together some of the tobacco industry’s best-known brands,

Microsoft sees shares hit record high

DHAKA: Microsoft’s focus on cloud computing has helped it deliver better-than-expected quarterly profits, sending its shares to an all-time high. The software giant posted a $4.7bn profit for the three months to September. Chief executive Satya Nadella has focused on building

Bourses end week in red

DHAKA: The two bourses of the country – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – passed another week witnessing loss of share prices indices on Thursday (October 20), the fifth and final trading day of the week. DSEX, the prime index of DSE, shed over 10.07

NOVOAIR airline partner of Rajshahi Kings in BPL

DHAKA: NOVOAIR, Bangladesh’s leading private airline has become the Airline Partner of Rajshahi Kings in the Bangladesh Premiere League (BPL) 2016. NOVOAIR’S marketing and sales head Sohail Majid and Rajshahi Kings’ CEO Tahmeed Azizul Huq signed an agreement on behalf of their

Tesla to make all new cars self-driving

DHAKA: Electric carmaker Tesla says all cars it now builds will have hardware needed to drive completely on their own. But despite the cameras, sensors and radars being introduced, it is still expected to be years before the vehicles become fully self-driving. Tesla introduced its

Markets see negative trend at early hours

DHAKA: The two bourses of the country – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – are witnessing loss in share price indices in the early hours on Thursday (October 20), the fifth and final trading session of the week. DSEX, the prime index of Dhaka Stock