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DHAKA: French Prime Minister Manuel Valls said the government did not want carmakers Renault and Nissan to merge.At the moment the companies own large shareholdings in each other and co-operate closely, reports the BBC.However, on Friday Renault held an emergency board meeting amid
DHAKA: Both the bourses started week on a negative note as investors witnessed significant fall in benchmark indices on Sunday, the first trading day of the week.DSEX, the key index of Dhaka Stock Exchange, shed over 59.01 points only to stand at 4443.14 at the close of day’s
DHAKA: Share price indices at the country’s both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed fall in early hours of trading on Sunday. DSEX, the prime index of the DSE, went down 12.22 points or 0.27 per cent to 4489.94 after the first
DHAKA: Telecom operator Airtel Bangladesh Limited on Saturday crossed the milestone of gaining one crore subscribers within five years of its business in the country.Airtel managing director and also chief executive officer Prasanta Das Sarma said this is the most wanted goal for any
DHAKA: The long-awaited text of the landmark trade deal called the Trans-Pacific Partnership (TPP) has been released to the public for the first time.The TPP is one of the world's most extensive trade agreements, bringing together 12 Pacific rim countries, including the US and Japan,
DHAKA: Apparel imports into the US continued on their upward trajectory in September, with seven of the top ten supplier countries booking year-on-year growth. Bangladesh led the pack, posting a solid double-digit gain, with strong increases also recorded by Indonesia, Vietnam, and
DHAKA: Trading on the country’s two bourses is underway with downward trend of share-price indices on Thursday, the last trading day of the week.DSEX, Broad Index of the Dhaka Stock Exchange, shed over 11.86 points to stand at 4499.44 at 12:16pm.Trade deals stood at 30497 with volume of
DHAKA: Asian shares traded mixed on Thursday as comments by Federal Reserve chair Janet Yellen on the possibility of an rate rise in December capped gains.Yellen told a congressional committee that a rise in interest rates before the end of the year was ‘a live possibility’. US rates
DHAKA: National Board of Revenue (NBR) chairman Mohammad Nazibur Rahman commented that the collection of revenue will exceed the target this year as in the previous year.He made this comment at a launching ceremony of Dhaka Chamber of Commerce and Industries (DCCI) at NBR conference room
DHAKA: Investors witnessed minor fall in benchmark indices of the country’s bourses on Wednesday, the fourth trading day of the week.DSEX, the key index of Dhaka Stock Exchange (DSE), shed over 40.20 points only to stand at 4511.31 at the close of day’s trading.Trade deals stood at
DHAKA: Share price indices at the country’s both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – downward trend in early hours of trading on Wednesday. DSEX, the prime index of the DSE, went down 22.08 points or 0.48 per cent to 4529.42 after the
DHAKA: Asian markets headed higher on Wednesday as investor appetite picked up on the debut of the world's biggest share-offering this year: Japan Post.Japan Post and its banking and insurance units started trading in Tokyo after an initial public offering (IPO) topped $11.5bn (£7.4bn),
DHAKA: Volkswagen (VW) says it has found "irregularities" in carbon dioxide emissions levels, which could affect around 800,000 cars in Europe.The firm said the problem, which it came across while investigating diesel emissions, could cost about €2bn (£1.4bn).Brands including VW, Audi,
DHAKA: The government has imposed one-month ban on raw jute export from November 3 for a smooth supply of raw jute for the millers, who are working hand in hand to implement the MJPL. However, mobile courts will also be active against the traders involved in illegal stocking.Bangladesh
DHAKA: Carmaker BMW has reported a 20% rise in third-quarter profit, helped by strong European sales.The company said net profits rose to €1.6bn, up from €1.3bn a year earlier, when it was hit by one-off charges.The Munich-based carmaker reaffirmed its forecast for increased sales and
DHAKA: Asian markets headed higher on Tuesday, recovering the previous session’s losses after taking a positive lead from Wall Street.US stocks closed higher despite mixed economic data - manufacturing activity slowed, but construction spending hit a seven-and-a-half year high.But gains
DHAKA: Volkswagen cars with bigger diesel engines also contained devices designed to cheat in emissions tests, according to US regulators.Porsche, Audi and VW cars are all included in this new investigation, which affects at least 10,000 vehicles.The Environmental Protection Agency (EPA)
DHAKA: Asia focused UK bank Standard Chartered bank has announced plans to raise around $5.1bn through a share sale to boost its balance sheet and restructure some of its businesses.The capital raising was announced as part of the bank’s strategic review, reports the BBC.It came as
DHAKA: In the fourth month of 2015-16 fiscal year the Bangladeshis residing and working abroad remitted around $108.76-crore which is $26.14-crore less than the earlier month.The amount of remittance, however, is more than the October of earlier year. In October of 2014, the amount of
DHAKA: The first plane produced by a Chinese government initiative to compete in the market for large passenger jetliners has been unveiled in Shanghai.The Commercial Aircraft Corporation of China (COMAC) showed off its twin-engine C919 in a ceremony on Monday attended by some 4,000