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    Potential exports worth $17.4b lost in FY18: PRI

    Staff Correspondent | Updated at 12:00am on December 28, 2018

    Export potential worth $17.4 billion for Bangladesh reminded unutilised in last financial year of 2017-18 due to lack of required ease of doing business in the country, according to a study conducted by Policy Research Institute of Bangladesh....

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    India tightens e-commerce rules, likely to hit Amazon, Flipkart

    Reuters . New Delhi/ Mumbai | Updated at 12:00am on December 28, 2018

    India will ban e-commerce companies such as Amazon.com and Walmart-owned Flipkart Group from selling products from companies in which they have an equity interest....

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    China’s industrial profits suffer first drop in three years

    Reuters . Beijing | Updated at 12:00am on December 28, 2018

    Earnings at China’s industrial firms in November dropped for the first time in nearly three years, as slackening external and domestic demand left businesses facing more strain in 2019 in a sign of rising risks to the world’s second-largest economy....

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    British business leaders’ confidence sinks as Brexit looms: IoD

    Reuters . London | Updated at 12:00am on December 28, 2018

    Business leaders’ confidence in the British economy has sunk to its lowest level in more than 18 months as the risk of a no-deal Brexit in a little over three months grows, the Institute of Directors (IoD) said on Thursday....

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    China says direct trade talks with US in Jan, pledges more opening

    Reuters . Beijing | Updated at 12:00am on December 28, 2018

    China and the United States have made plans for face-to-face consultations over trade in January, the Chinese commerce ministry said on Thursday, as the world’s two biggest economies advanced efforts to resolve a months-long trade war....

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    India rice export price scales four-month peak

    Reuters . Bengaluru | Updated at 12:00am on December 28, 2018

    Rice export prices in India rose for a second straight week to the highest in four months on higher procurement costs for paddy, while Thai rates eased with no fresh demand in sight....

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    France’s Vinci in $3.7b swoop on UK’s Gatwick airport

    Reuters . Paris | Updated at 08:28pm on December 27, 2018

    France’s Vinci is taking advantage of a Brexit hit to UK asset prices to buy a majority stake in Britain’s second-busiest airport, London’s Gatwick, for...

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    World’s largest floating LNG platform starts production in Australia

    Reuters . Singapore | Updated at 12:00am on December 27, 2018

    Royal Dutch Shell said on Wednesday it has begun output at its Prelude floating liquefied natural gas (FLNG) facility in Australia, the world’s largest floating...

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    Trump praises Mnuchin but hits Fed again on rate rises

    Reuters . Washington | Updated at 12:00am on December 27, 2018

    President Donald Trump on Tuesday expressed confidence in treasury secretary Steven Mnuchin amid worries over a weakening economy and a stock market slump, but repeated...

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    Oil rises to $51 after steep slide

    Reuters . London | Updated at 12:00am on December 27, 2018

    Oil rose to $51 a barrel on Wednesday on perceptions that a price slide to 2017 lows prompted by economic worries had been overdone amid...

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