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    Nasdaq surges to fresh record as European stocks retreat

    Agence France-Presse . New York | Updated at 10:39pm on August 07, 2020

    Wall Street stocks pushed higher on hopes of fresh stimulus from Washington, outperforming other leading stock markets, including London, where equities were buffeted by a strong pound following...

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    German industrial output, trade surge as virus curbs lift

    Agence France-Presse . Frankfurt am Main | Updated at 10:36pm on August 07, 2020

    German industrial output and exports surged in June, driven by the country’s all-important car industry, as the economy continued to recover after the shock of the coronavirus pandemic...

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    Uber earnings hit hard as pandemic stalls revenue

    Agence France-Presse . San Francisco | Updated at 10:34pm on August 07, 2020

    Uber on Thursday reported a $1.8 billion loss in the recently ended quarter as the COVID-19 pandemic caused its shared-ride business revenue to plunge. Overall revenues skidded 29 per cent from a year ago...

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    Trump reimposes 10pc tariff on Canadian aluminium

    Agence France-Presse . Clyde | Updated at 10:32pm on August 07, 2020

    US president Donald Trump on Thursday announced he had ordered a 10 per cent tariff on Canadian aluminum be reimposed, saying America’s key trading partner was flooding the US market with...

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    US proposes tougher Wall Street rules for China firms

    Agence France-Presse . New York | Updated at 10:15pm on August 07, 2020

    US officials on Thursday proposed toughening rules for Chinese companies listed on American stock exchanges as recent scandals have prompted concerns about the reliability of some of the...

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    China exports see unexpected spike in July, imports down

    Agence France-Presse . Beijing | Updated at 10:13pm on August 07, 2020

    China saw another surprise jump in exports last month as the global economy slowly reopened after virus lockdowns, data showed on Friday, but there were warnings that while the country is expected to...

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    Number of BO accounts drops to 11-year low

    Mostafizur Rahman | Updated at 10:11pm on August 07, 2020

    The number of beneficiary owners’ accounts has plunged to an 11-year low after 2.70 lakh accounts were scrapped in July due mainly to prolonged bearishness on the primary and secondary markets. The number of active BO accounts was...

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    Prices of vegetables increase amid flood

    Staff Correspondent | Updated at 10:07pm on August 07, 2020

    Prices of vegetables went up on the kitchen markets in the capital over the week ending on Friday due to a supply shortage after Eid-ul-Azha, one of the largest religious festivals of the...

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    Govt borrows Tk 13,087cr thru T-bonds in July

    HM Murtuza | Updated at 10:05pm on August 07, 2020

    The government’s borrowing in July, the first month of the current fiscal year 2020-21, stood at Tk 18,056 crore that included Tk 13,087 crore it borrowed through treasury bills and bonds and Tk 4,969 crore...

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    Meghna Bank’s 104th board meeting held

    Business Desk | Updated at 02:20am on August 07, 2020

    The 104th board of directors meeting of Meghna Bank was held at its head office at Gulshan in Dhaka recently, said a press release. Meghna...