Sun, 19 Jan 2025, 10:52 pm
Economy

Coronavirus: Virgin Atlantic finalises £1.2bn rescue deal

Troubled airline Virgin Atlantic has finalised a rescue deal worth £1.2bn that should protect thousands of jobs. Sir Richard Branson’s Virgin Group will inject £200m, with additional funds provided by

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German investor confidence ebbs in July from 14-year high

Confidence among investors in Germany fell back slightly in July, a regular survey published Tuesday showed, as financial players’ euphoric hopes for a coronavirus recovery ebbed. A monthly barometer measuring

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Jobless rate in Canada down to 12.3 percent as businesses reopened

The jobless rate fell to 12.3 percent in June as businesses reopened after the COVID-19 shutdown, according to Statistics Canada Friday. The country’s unemployment rate hit a record 13.7 percent

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Initiative taken to sell sacrificial animals through online in Khulna

The Livestock Department of the district has taken initiative to sell sacrificial animal through online to help the marginal cattle farmers in different upazilas of the district who are in

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Export-import through Benapole resumes after 3 days

Export and import activities through Benapole land port resumed on Sunday, after a three-day disruption in the wake of a strike enforced by Bangladeshi traders. The trading organisations at the

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Coronavirus impact on global economy at a glance

COVID-19 continues to devastate lives and livelihoods around the globe. The confirmed deaths from coronavirus cases reached 529,113 and the infection numbers are 11,190,678, globally till now (Saturday 8:00am), according

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Businesses seek reduced tax burden in FY 21 budget

Terming the FY 21 budget as a people-friendly one, business leaders said the budget should put more focus to promote trade and business which have been hit hard by the

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Kweichow Moutai: ‘Elite’ alcohol brand is China’s most valuable firm

A drinks maker has become China’s most valuable publicly-listed company, overtaking the country’s biggest bank. Kweichow Moutai is a luxury spirit favoured by Chinese politicians and businesspeople looking to impress.

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Forex reserves hit $35 billion mark for the first time

Bangladesh Bank’s foreign currency reserves hit $35 billion mark for the first time in history thanks to surging remittance despite the coronavirus pandemic. Satisfactory remittance inflow and disbursement of aid

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Johnson & Johnson told to pay $2.1 billion over cancer-causing talc powder

A US court has upheld a verdict that talcum powder sold by Johnson & Johnson caused ovarian cancer and ordered the pharmaceutical giant to pay $2.1 billion in damages. The

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