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Business & Economy
Davos meet ends with cautious optimism
Xinhua, Davos :The annual meeting of the World Economic Forum (WEF) concluded here Saturday on a note of cautious optimism about the world economy.The idea that global economy is on a bumpy path of...
Russian ruble hits historic low against euro
AFP, Moscow :The ruble hit a record low against the euro Friday and reached its weakest point against the dollar for nearly five years amid eroding confidence in Russia’s teetering economy.Traders said the declines...
Central bankers at Davos downplay dangers as Argentina looms
AFP, Davos :Fears of economic instability due to the slowing of massive monetary stimulus policies are unwarranted, top central bankers said Friday, as tremors from Argentina made themselves felt in the hallways of Davos.“Normalisation...
Cuba to freeze foreign funds linked to Al-Qaeda, Taliban
AFP, Havana :The Cuban government adopted legislation to immediately freeze funds from foreign banks linked to terror groups, including Al-Qaeda and the Taliban, officials said Friday.The decree, signed by President Raul Castro, stresses that...
CPD projects 5.8pc GDP growth for FY14
BSS, Dhaka :Bangladesh’s GDP growth is likely to be from 5.6 to 5.8 percent for the fiscal year 2013-14 due to mainly political disruption that took a huge toll on the economy over the...
China growth concerns dent commodity prices
AFP, London :Oil prices endured a roller- coaster week, with an upbeat economic growth forecast for the world economy giving way to concerns over Chinese output.Commodity markets traders balanced the IMF’s global growth forecast...
No Airtel proposal yet for tower sale: BTRC
bdnews24.com :Bangladesh’s telecom regulator BTRC says it is yet to receive any application from private mobile operator Airtel which is reportedly planning to sell off its tower network in the country to boost its...
RMG buyers are back
bdnews24.com :Apparel exporters are now breathing easy as foreign buyers are beginning to return, with Bangladesh getting down to business after a spell of political upheaval.Upset over deadly factory fires, collapsing buildings, raging worker...