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Pound rises after ‘meaningful’ Brexit vote

The pound has risen after MPs voted to reject Theresa May’s Brexit deal by 230 votes. The vote opens up a range of outcomes, including no deal, a renegotiation of Mrs May’s deal, or a second referendum.   Sterling rose ...

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Trade war delaying Chinese automaker’s US plans

Photo: The GAC Entranze concept electric vehicle is unveiled at the North American International Auto Show, Monday, Jan. 14, 2019, in Detroit, Mich. Detroit, Jan 15 : The U.S.-China trade war has delayed but not derailed Chinese automaker GAC Motor’s ...

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Month-long Dhaka Int’l Trade Fair starts today

The 24th Dhaka International Trade Fair (DITF) has kicked off on Wednesday at the Sher-E-Bangla Nagar, adjacent to Bangabandhu International Conference Centre (BICC) in Dhaka. President M Abdul Hamid inaugurated the month-long fair organised jointly by the Commerce Ministry and ...

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Bangladesh ranked 41st-largest economy in 2019

Bangladesh has been ranked 41st among the largest economies in the world in 2019, stepping up from 43rd-place last year, according to a study published by the UK- based economic consultancy Centre for Economics and Business Research (CEBR). The 10th ...

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Ivanka Trump plans global women’s economic development push

Photo: Ivanka Trump, the daughter of President Donald Trump, arrives for a ceremony to pardon the National Thanksgiving Turkey in the Rose Garden of the White House in Washington. Washington, Jan 1 : Ivanka Trump is set to launch a ...

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UK to spend £108m on no-deal ferries

The UK will spend more than £100m chartering extra ferries to ease “severe congestion” at Dover, in the case of a no-deal Brexit. Over the last few months, additional ferry contracts were awarded to French, Dutch and British companies.   ...

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Japan stocks plunge, other Asia markets fall after US losses

Photo: Traders work on the floor of the New York Stock Exchange in New York, Monday, Dec. 24, 2018. Beijing, Dec 25 : Japanese stocks plunged Tuesday and other Asian markets declined following heavy Wall Street losses triggered by President ...

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NBR reforms survey zone to boost tax collection

  The National Board of Revenue has decided to conduct structural reform in its central tax survey zone to strengthen its capacity and effectiveness in conducting survey and expanding tax net. The decision came after 16 years of ineffectiveness of ...

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UK business investment continues to fall

Business investment has now declined for three quarters in a row, figures show, its worst run since the economic downturn of 2008 to 2009. The Office for National Statistics (ONS) said investment fell by 1.1% in the July to September ...

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Nissan to replace rock-star chairman amid arrest scandal

Nissan Motor Co. President and CEO Carlos Ghosn arrives for a joint press conference with Mitsubishi Motors Corp. in Yokohama, near Tokyo onMay 12, 2016, file photo Tokyo, Dec 17 : Nissan’s board is meeting to pick a chairman to ...

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