Tue, 21 Jan 2025, 03:51 am
Economy

US, EU agree to lift punitive tariffs

The United States and the EU agreed Saturday to lift punitive tariffs on imported European steel and aluminum, ending a dispute that strained their trade ties since then-president Donald Trump imposed the levies

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Volvo shares accelerate on stock market debut

Swedish car company Volvo is now valued at more than $22bn (£16bn) after its shares jumped in the first hours of trading of its market debut. Volvo, majority-owned by Chinese

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23 organisations get Sheikh Mujib Industrial Award-2020

The Ministry of Industries has honoured  23 organisations with the “Bangabandhu Sheikh Mujib Industrial Award-2020”. Industries Minister Nurul Majid Mahmud Humayun handed over the prizes, divided in seven categories, for

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Tesla is now worth more than $1 trillion

Tesla just became the sixth company in US history to be worth $1 trillion. Shares popped more than 12% Monday to close at about $1,025, boosted by two spots of

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Women’s role crucial for further dev of Bangladesh: BGMEA chief

Women have made a significant contribution to the socio-economic transformation of the country in the last 50 years, Bangladesh Garment Manufacturers and Exporters Association (BGMEA) President Faruque Hassan said Saturday.

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Bangladesh becoming a higher mid-income country

Govt eyes to raise GDP growth to 9pc by 2031 100 economic zones to transform the economy  Driven by economic and social sector success in the last decade, Bangladesh has

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Rupayan Lake Castle starts journey in Bashundhara R/A

Rupayan Lake Castle Condominium Lifestyle officially started its journey at Bashundhara Residential Area in the capital on Thursday. Rupayan Housing Estate Limited constructed the Rupayan Lake Castle, a fully condominium

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German central bank chief to step down after 10 years at helm

German central bank president Jens Weidmann, a renowned fiscal hawk in Europe, will step down at the end of the year after a decade at the helm, the Frankfurt-based institution

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IFC invests $22.7 million to help forge a new path for Bangladesh’s RMG Industries

With an aim to improve global competitiveness for Bangladesh’s ready-made garments (RMG) sector, International Finance Corporation (IFC) has invested $22.7 million in Hamza Textiles Limited (HTL), a dyeing and finishing

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China’s economic growth weakens amid construction slowdown

China’s economic growth sank in the latest quarter as a construction slowdown and official curbs on energy use by factories weighed on the nation’s recovery from the coronavirus pandemic. The

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