Cathay Pacific grounds two-fifths of passenger fleet amid air travel collapse
Business Desk :Hong Kong’s Cathay Pacific has grounded two-fifths of its passenger fleet for the “foreseeable future”, warning it will not survive Covid-19 unless it...
Business & Economy
EU, China resume trade talk despite rifts
AFP, Brussels :EU leaders will talk to Chinese President Xi Jinping seeking trade and investment Monday, despite tensions over Hong Kong’s freedoms and Beijing’s treatment...
S.African economy could shrink more than forecast : minister
AFP, Johannesburg :South Africa’s Finance Minister Tito Mboweni warned Sunday the economy could shrink by more than the 7 percent forecast by policymakers and the...
Euronext, Italian groups bid to buy Milan bourse
AFP, Paris :Pan-European stock market operator Euronext announced Monday it has submitted an offer to buy Milan’s Borsa Italiana from the London Stock Exchange Group...
SoftBank Group selling Arm to NVIDIA for up to $40b
AFP, Tokyo :Japan’s SoftBank Group said Monday it is selling British chip designer Arm to US chip company NVIDIA for up to $40 billion, potentially...
Asian markets on front foot as vaccine hopes to get boost
AFP, Hong Kong :Asian markets pushed higher Monday as investors creep back after a recent sell-off, with coronavirus vaccine hopes given a boost and traders...
ADB, Pran sign $10m loan agreement to support dairy value chain
Business Desk :The Asian Development Bank (ADB) and Pran Dairy Limited (PDL), a member of one of the biggest food and agribusiness groups in Bangladesh,...
Trade-based training activities of BSCIC Design Center started
Business Desk :After a five-month gap due to the coronavirus (Covid-19) outbreak, trade-based training activities at the BSCIC Design Center have resumed from Sunday maintaining...
Govt starts open market sales of onion across country
Economic Reporter :The government started open market sales (OMS) of onion across the country from Sunday to keep prices of the vegetable within the reach...
HSBC, Serai, BGMEA talk about way forward for RMG sector
Business Desk :The Hongkong and Shanghai Banking Corporation Limited (HSBC), Serai Limited and Bangladesh Garments Manufacturers and Exporters Association (BGMEA) joined hands together to discuss...
Meghna Petroleum signs deal with 4 cos for selling LPG
Business Desk :The state-run listed company Meghna Petroleum has signed agreements with four non-listed companies – Beximco LPG Unit-1, Bashundhara LP Gas, Omera Gas One...