DHAKA: German carmaker Volkswagen has reportedly reached a $15bn settlement with US car owners after admitting it cheated emission tests. The deal would offer to repair or buy back the affected diesel vehicles and pay owners compensation, according to sources close to the talks,

DHAKA: Pressure has eased on UK financial markets after two days of turmoil in the wake of the Brexit vote, with the FTSE 100 index opening higher. Shortly after trading began, the index was up 2.2% at 6,113.01, while the FTSE 250 had gained 3.1%, reports the BBC. The index lost

DHAKA: Japanese shares on Tuesday continued to roll back losses from last Friday’s sharp post-Brexit tumble. After initial losses in morning trade, the Nikkei 225 index continued to build on Monday's gains and was up by 0.5% to 15,387.99 points, reports the BBC. With the yen

DHAKA: Branches of all the banks in commercial and large shopping mall areas will remain open from July 2 to 4. However, the bank authorities will decide about the certain branches to be kept open. Bangladesh Bank (BB) assistant spokesperson Anwarul Islam confirmed the matter to

DHAKA: The benchmark indices of the country’s two bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – are witnessing gains in the opening hours on Tuesday (June 28), the third trading session of week. The key index of Dhaka Stock Exchange, DSEX, rose over

DHAKA: Associate of Meghna Bank Ltd mobile banking service, Malaysia-Bangladesh combined organization Mobility I Tap Pay Ltd’s head office has been recently inaugurated. Chairman of Meghna Bank H N Ashequr Rahman, Managing Director of Meghna Bank M Nurul Amin and Managing Director of

DHAKA: The customs houses and stations will remain close for three days from July 7-9 on the occasion of Eid-ul-Fitr. National Revenue Board (NRB) senior member (customs Policy) M Farid Uddin issued an order in this regard on Monday (June 27). According to the statement, the customs

DHAKA: Banks can keep their branches open on July 2, 3, 4 with own arrangement. FBCCI president Matlub Ahmed made the remark after meeting Bangladesh Bank governor on Monday (June 27). The government has declared a long nine-day holiday for Eid-ul-Fitr, the largest Muslim religious

DHAKA: The benchmark indices of the country’s two bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed gains on Monday (June 27), the second trading session of week. The key index of Dhaka Stock Exchange, DSEX, gained over 32.60 points and 0.74

DHAKA: UK shares have remained volatile in the wake of the Brexit vote, while the pound fell further against the dollar after Friday’s record one-day loss. The FTSE 100 index was down 0.4% at 6,111.42 in morning trade, although the decline was not as bad as some had feared, reports

DHAKA: Many companies are likely to impose a hiring freeze following Britain’s vote to leave the European Union, according to a leading business group. The Institute of Directors (IoD) surveyed 1,000 of its members and found that a quarter planned to freeze recruitment. The

DHAKA: Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) president Abdul Matlub Ahmad has demanded to keep banks open on July 2, 3 and 4. He also expressed concern saying that businesspeople may suffer for this vacation ahead of Eid. The top business leader made

DHAKA: The benchmark indices of the country’s two bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – are witnessing gains in the opening hours on Monday (June 27), the second trading session of week. The key index of Dhaka Stock Exchange, DSEX, gained over

DHAKA: Japanese shares have managed to recover some ground after their historic plunge last Friday following the UK’s vote to leave the European Union. Traders are taking some confidence from a pledge by the Japanese government to stabilize the financial markets, reports the BBC.

DHAKA: China finance experts have warned that Britain’s decision to leave the European Union will ‘cast a shadow over the global economy’. Finance minister Lou Jiwei said the ‘repercussions and fallout’ will emerge over the next five to 10 years, reports the BBC. Huang

DHAKA: HSBC would move up to 1,000 staff from London to Paris if the UK left the single market, following Britain’s vote to leave the EU. The staff who would be relocated would be those who already process payments made in euros for HSBC in Canary Wharf, the BBC reports.

DHAKA: UK business secretary Sajid Javid says he will hold a meeting this week with business leaders following the UK’s vote to leave the European Union. Javid told the BBC his message to businesses was ‘there’s no need to be panicking’. The UK’s economic fundamentals are

DHAKA: The benchmark indices of the country’s two bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed loss on Sunday (June 26), the first trading session of week.   The key index of Dhaka Stock Exchange, DSEX, lost over 1.23 points and 0.02

DHAKA: All the banks of the country will remain closed on July 4. Bangladesh Bank, the central bank of the country, took the decision as the country will apparently go into holiday from July 1 to 9 due to Eid-ul-Fitr as per executive order of the Prime Minister. BB deputy general

DHAKA: Slovenia is keen to deepen ties with Bangladesh, especially in the fields of bilateral trade, energy, science and technology, agriculture and light industries. Bangladesh state minister for foreign affairs M Shahriar Alam and state secretary of Slovenia foreign ministry Darja