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Business & Economy

OPEC sees smaller market share in 2014 in world crude market

Xinhua, Vienna :The world oil market share of OPEC (Organization of the Petroleum Exporting Countries) declined while non-OPEC oil supply continues growing, the exporter...

Emerging markets launch ratings agency rival

AFP, London :ARC Ratings, five credit ratings agencies mainly from emerging markets, launched Thursday a rival to the sector's main players including Fitch and...

UAE sees sharp rise in foreign direct investments in 2014

Xinhua, Dubai :The United Arab Emirates (UAE) is expected to attract 14.4 billion U.S. dollars foreign direct investments in 2014, representing a 20 percent...

Japan’s economy ‘recovering’, first time in six years: Abe

AFP, Tokyo :A Japanese government report Friday said the economy was "recovering", its first use of the word since the 2008 global financial crisis,...

‘Troika’ takes flak from EU lawmakers over crisis conditions

AFP, Brussels :EU lawmakers put the Troika under the microscope this week, wanting to know how and why the trio of international creditors imposed...

Int’l tourist arrivals worldwide in 2013 surpass expectations: UNWTO chief

Xinhua, Madrid :With just under a week before the FITUR international tourism exhibition's opening in the Spanish capital city, Taleb Rifai, secretary general of...

‘Budget implementation main challenge’

bdnews24.com :Implementation of budget for the current fiscal is the major challenge before the new government, says former adviser to a caretaker government ABM...

Railways incur Tk 8.25cr loss in two fiscal

UNB, Dhaka :Bangladesh Railway has incurred a loss of over Tk 8.25 crore in two fiscal years (FY07 and FY08) for realising license fee...

Tofail advocates regional transit

bdnews24.com :Commerce Minister Tofail Ahmed has said facilitation of transit and transshipment facilities to each other could help South Asian nations achieve greater economic...

The car of the future today

AFP, Detroit :Cars that park themselves, radar- guided safety sensors and infotainment systems with web access; automakers are competing for customers who now expect...

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