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    Global stocks boosted by bright data

    Agence France-Presse . London | Updated at 10:54pm on May 21, 2021

    Most stock markets rose on Friday on growing evidence of economic recovery as Covid restrictions recede, dealers said. Frankfurt stocks gained 0.3 per cent and Paris won 0.6 per cent in...

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    UK economy picks up speed on lockdown exit

    Agence France-Presse . London | Updated at 10:40pm on May 21, 2021

    Britain’s economic recovery is picking up speed in the second quarter as it gradually exits coronavirus lockdowns, bright data showed on Friday. Covid had sparked a major collapse in Britain’s economy in 2020 — the worst in the G7 — but...

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    Snapchat claims 500m users

    Agence France-Presse . San Francisco | Updated at 10:37pm on May 21, 2021

    Snapchat, the social network popular with young smartphone users, said on Thursday that it had 500 million monthly active users amid surging growth in many parts of the world. The platform, which has expanded its offerings beyond its...

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    France urges EU partners for more stimulus

    Agence France-Presse . Lisbon | Updated at 10:34pm on May 21, 2021

    French finance minister Bruno Le Maire on Friday urged his EU partners to gear up for a second round of economic stimulus to ensure Europe doesn’t lose ground to the US and China...

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    Bangladeshi entrepreneur wins UK tech innovator award

    | Updated at 10:31pm on May 21, 2021

    Shadman Sakib, a Bangladesh born entrepreneur residing in Britain, has won the Sixth Annual Technology Innovator Award in the Best Interactive Short Video Platform – California, USA category...

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    Eurozone economy booms

    | Updated at 10:29pm on May 21, 2021

    Business activity in the eurozone is growing at its fastest rate in three years, a survey said on Friday, as Europe’s economy steadily reopens from months of Covid restrictions. The closely-watched study indicated that the jump in demand was...

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    Bangladesh gets $600m WB loan to improve poor’s skills, livelihoods

    Staff Correspondent | Updated at 12:54pm on May 21, 2021

    The World Bank on Friday approved $600 million for two projects in Bangladesh to help over 1.75 million poor and vulnerable populations, including youth, women, disadvantaged groups and returnee migrant...

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    Trade deficit widens to $14.5b in nine months

    HM Murtuza | Updated at 10:45pm on May 20, 2021

    The country’s trade deficit rose by 20.03 per cent or $2.42 billion in the July-March period of the current fiscal year 2020-21 amid contraction in export earnings and surge in import payments. The latest Bangladesh Bank data showed that the country’s trade deficit...

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    NBR to urge BB to extend RTGS working hours

    Jasim Uddin | Updated at 10:43pm on May 20, 2021

    The National Board of Revenue has decided to request the Bangladesh Bank to extend the operation hours of its real time gross settlement (RTGS) system to facilitate mandatory online payment of customs duties...

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    Perpetual bonds must be listed on DSE thru direct listing

    Staff Correspondent | Updated at 10:40pm on May 20, 2021

    The Bangladesh Securities and Exchange Commission on Thursday made it mandatory for companies intending to raise capital through issuing perpetual bonds to raise at least 10 per cent of the bonds through...