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    Fund raising thru IPOs falls in 2019

    Mosatfizur Rahman | Updated at 12:00am on December 14, 2019

    Fund raising by companies through initial public offerings declined by 14 per cent in 2019 compared with that in the previous year. Only eight companies raised Tk 552 crore while 13 companies and...

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    Prices of edible oil, red lentil, sugar increase

    Staff Correspondent | Updated at 12:00am on December 14, 2019

    The prices of edible oil, red lentil and sugar went up in the city’s kitchen markets over the week ending Friday. Traders said that the prices of sugar and the unpacked and bottled soya bean oil...

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    Telenor picks Ericsson for 5G, abandoning Huawei

    Reuters . Oslo | Updated at 12:00am on December 14, 2019

    Telenor has picked Sweden’s Ericsson as the key technology provider for its fifth-generation (5G) telecoms network in Norway, it said on Friday, gradually removing China’s Huawei after...

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    Brexit relief for UK economy might not last long

    Reuters . London | Updated at 12:00am on December 14, 2019

    Britain’s economy will cast off some of the Brexit uncertainty that has held it back since 2016 after prime minister Boris Johnson’s election triumph, but the risk remains of another ‘cliff edge’ showdown with...

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    Donors agree $23.5b in new funds for poorest countries: WB

    Reuters . Washington | Updated at 12:00am on December 14, 2019

    Fifty-two countries and other donors have pledged $23.5 billion in new funds for the world’s poorest states, pushing replenishment of the International Development Association (IDA) fund to...

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    Facebook pledges $130m to content oversight board

    Reuters . San Francisco | Updated at 12:00am on December 14, 2019

    Facebook said on Thursday it committed an initial $130 million to fund an independent oversight board, but said it would not announce its members this year, as originally...

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    US sets China trade deal terms, sources say, but Beijing mum

    Reuters . Washington/ Beijing | Updated at 12:00am on December 14, 2019

    Washington has set its terms for a trade deal with China, offering to suspend some tariffs on Chinese goods and cut others in exchange for Beijing’s buying more American farm...

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    Japan business mood gloomiest in nearly 7yrs as trade war bites

    Reuters . Tokyo | Updated at 12:00am on December 14, 2019

    Japanese big manufacturers’ business mood sank to a near seven year low in the fourth quarter, a closely watched central bank survey showed, as the US-China trade war and soft global demand...