Miscellany

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    Billionaire Hinduja brothers weigh bid for Jet Airways

    Reuters | Updated at 12:00am on May 22, 2019

    India’s Hinduja Group said on Tuesday it was considering a bid for debt-laden Jet Airways Ltd, boosting shares in the grounded airline by 15 per...

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    Pakistan rupee reaches another record low

    Reuters . Karachi | Updated at 12:00am on May 22, 2019

    Pakistan’s rupee reached a new record low on Monday, selling at 153 against the dollar in the interbank market to continue a slide that saw...

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    British Steel risks collapse with 25,000 jobs threatened

    Reuters . London | Updated at 12:00am on May 22, 2019

    British Steel, the country’s second largest steel producer, is on the brink of collapse unless the government agrees to provide an emergency 30 million pound...

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    Shibbir elected IFIL vice-chair

    Business Desk | Updated at 12:00am on May 22, 2019

    Shibbir Mahmud has been elected as vice-chairman of board of directors of Islamic Finance and Investment Limited, said a press release.The decision was made in...

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    India set to plant more land with soya bean crops as prices rally

    Reuters . Mumbai | Updated at 12:00am on May 22, 2019

    India is set to grow soya beans on more land in the 2019 crop year as higher prices for the oilseed push some farmers to...

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    Lack of budget for youth may spoil demographic dividend: study

    Staff Correspondent | Updated at 12:00am on May 22, 2019

    The allocation in the national budget to attend to the needs of the youth is inadequate and the consequences of under-investment might turn the country’s...

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    Bangladesh to stand for ILC convention on gender-based violence

    Staff Correspondent | Updated at 12:00am on May 21, 2019

    A tripartite consultative committee under the labour ministry on Monday decided that Bangladesh would stand for adopting a convention or recommendation on ‘Ending Violence and...

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    NEC to consider Tk 2,02,721cr ADP today

    Staff Correspondent | Updated at 12:00am on May 21, 2019

    The National Economic Council at a meeting today will set the new annual development programme, size of which is likely to be Tk 2,02,721 crore.Prime...

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    Saudi Arabia to tax e-cigarettes and more soft drinks

    Reuters . Dubai | Updated at 12:00am on May 20, 2019

    Saudi Arabia has imposed a special tax on electronic cigarettes and sugary drinks, extending similar taxes introduced in 2017 as it seeks to reduce a...

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    Huawei will not bow to US pressure: founder

    Agence France-Presse . Beijing | Updated at 12:00am on May 20, 2019

    Chinese telecoms giant Huawei is ready to deal with Washington’s crackdown and will reduce its reliance on US components, its founder told Japanese media.President Donald...

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