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Spain trims 2021 GDP forecast
| Updated at 09:50pm on April 09, 2021
The Spanish government lowered its growth forecast for 2021 on Friday after fresh pandemic restrictions led to a weakerthan-expected first quarter. It now expects the...
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German industrial output continues decline in Feb
| Updated at 09:49pm on April 09, 2021
German industrial production dropped for the second month in a row in February after eight months of gains, as the economic impact of the pandemic...
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81pc marginalised households cut food expenses amid virus outbreak: study
Staff Correspondent | Updated at 10:47pm on April 08, 2021
In Bangladesh, 80.6 per cent of marginalised households cut down their food expenses through reduction of number of protein items, number of items in a...
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79pc of marginalised families face financial crisis amid pandemic
Staff Correspondent | Updated at 01:52pm on April 08, 2021
Around 79 per cent of marginalised households in Bangladesh are exposed to financial hardship due to COVID-19 pandemic as their current income is not sufficient...
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NBR asks Dhaka Club to pay Tk 33.74cr in taxes in 7 days
Staff Correspondent | Updated at 10:07pm on April 07, 2021
Customs Excise and VAT Commissionerate (Dhaka) South on Wednesday asked the Dhaka Club Limited to pay dues worth Tk 33.74 crore in value-added tax and supplementary...
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Help for low-income nations tops agenda at G20 meeting
Agence France-Presse . Rome | Updated at 10:05pm on April 07, 2021
G20 finance ministers and central bankers began a videoconference Wednesday to coordinate post-pandemic recovery plans, increase help for the poorest Covid-hit countries and discuss...
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Samsung Electronics, LG forecast 40pc leaps in Q1 operating profits
Agence France-Presse . Seoul | Updated at 10:03pm on April 07, 2021
South Korea’s two biggest electronics firms both forecast jumps of around 40 per cent in their first-quarter operating profits Wednesday, with coronavirus-driven working from home...
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Toshiba to weigh buyout offer from UK fund
| Updated at 09:59pm on April 07, 2021
Toshiba is considering a buyout offer from a British private equity fund, it said Wednesday, with reports suggesting the deal could be worth about $20...
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IMF ups 2021 GDP growth forecast to 5pc for Bangladesh
Staff Correspondent | Updated at 11:16pm on April 06, 2021
The International Monetary Fund on Tuesday predicted that the Bangladesh economy would grow by 5 per cent, up from its October 2020 prediction of 4.4...
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Credit Suisse takes $4.7 billion hedge fund hit
Agence France-Presse . Zurich | Updated at 10:43pm on April 06, 2021
Credit Suisse said on Tuesday that it had taken a $4.7 billion hit from its links to troubled hedge fund Archegos Capital Management, cut dividends...