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    WeWork to lay off 2,400 employees in SoftBank revamp

    Reuters . New York | Updated at 12:00am on November 23, 2019

    WeWork said on Thursday it was laying off around 2,400 employees, almost 20 per cent of its workforce, as the office-sharing company sought to drastically cut costs after it transformed from...

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    India property market set for modest lift from government steps: poll

    Reuters . Bengaluru | Updated at 12:00am on November 23, 2019

    India’s housing market, burdened with unfinished projects as developers struggle to get cash, is forecast to rebound modestly over the coming year on government plans to unclog the...

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    China’s Xi says he wants to work out initial trade deal with US

    Reuters . Beijing | Updated at 10:29pm on November 22, 2019

    China wanted to work out an initial trade pact with the United States and had been trying to avoid a trade war, president Xi Jinping said on Friday, but is not afraid to retaliate when...

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    OPEC+ likely to extend oil supply cuts until June

    Reuters . Dubai/ Moscow | Updated at 12:00am on November 23, 2019

    OPEC and its allies are likely to extend existing oil output cuts when they meet next month until mid2020, with non-OPEC oil producer Russia supporting Saudi Arabia’s push for...

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    Bitcoin slumps to six-month low on China crackdown

    Reuters . London | Updated at 12:00am on November 23, 2019

    Bitcoin slumped to a six-month low on Friday after China’s central bank launched a fresh crackdown on cryptocurrencies, warning of the risks entailed in issuing or trading...

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    G20 has put up ‘historically high levels’ of trade barriers: WTO

    Reuters . Geneva | Updated at 12:00am on November 23, 2019

    G20 economies slapped on 28 new barriers between mid-May and mid-October covering trade worth an estimated $460.4 billion, mainly via tariff increases and import bans, the...

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    Dispute between Japan and South Korea overshadows G20 meetings

    Reuters . Nagoya, Japan | Updated at 12:00am on November 23, 2019

    Japan seized the last event of its G20 presidency on Friday to reject a South Korean warning about radiation from the ruined Fukushima nuclear plant as a dispute between the...

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    Farm loan release rises by 34.53pc in Oct

    Staff Correspondent | Updated at 12:00am on November 23, 2019

    Farm loan disbursement by banks increased for the second consecutive month in October with a 34.53-per cent or Tk 641.73 crore year-on-year increase in the month...

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    Listed NBFIs struggle amid public distrust

    Mostafizur Rahman | Updated at 12:00am on November 23, 2019

    Most of the listed non-bank financial institutions are struggling amid growing public distrust and series of scams in the sector. Out of the 22 listed NBFIs excluding People’s Leasing and Financial Services Limited (PLFS), six witnessed...

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    Prices of vegetables, eggs, atta and maida go up

    Staff Correspondent | Updated at 12:00am on November 23, 2019

    The prices of vegetables, eggs, atta and maida (refined flour) went up in the city’s kitchen markets over the week ending Friday. Traders said that the prices of vegetables increased due to...

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