Civil Aviation and Tourism Minister  Rashed Khan Menon yesterday told the Jatiya Sangsad (JS) that Biman Bangladesh  Airlines Limited (BBAL) would collect six new aircraft for its fleet aimed at  making it a profitable organisation, reports BSS. In reply to a question from treasury bench…

AFP, SINGAPORE: Oil prices resumed their decline in Asia yesterday, with global crude oversupply continuing to dampen investors’ sentiment despite occasional rallies. Prices had risen the previous day after a four-day losing streak, as traders weighed a bearish price outlook from the International…

DSEX, the barometer of the country's stock market, yesterday fell below 4400-point mark to hit six-month low at 4371.54 despite gains in some major sectors, reports BSS. Bank, fuel and power, textile, pharmaceuticals and NBFI sectors advanced on the day amidst wider share price fall at the premier…

Electronics goods maker Walton is going to set up an ultra-modern factory of compressor for refrigerators in the premises of Walton Hi-Tech Industries Ltd (WHIL) in Gazipur, on the outskirts of capital Dhaka, to produce four million (40 lakh) compressors annually. According to Walton authorities, the…

British American Tobacco Bangladesh (BATB) has received the ‘ICSB National Award for Corporate Governance Excellence-2014’ in manufacturing companies' category for practicing good governance for the second time, reports UNB. BATB Managing Director Shehzad Munim and Board of Directors…

AFP,  HONG KONG: The dollar edged down in Asia yesterday after rallying since last week's US jobs data while Asian equities mostly dipped as investors nervously await there release of more Chinese economic data. The euro was at $1.0732 early Wednesday in Tokyo, from $1.0727 in New York, where…

AFP, SHANGHAI: Auto sales in China surged nearly 12 per cent in October from a year ago, after the government cut a purchase tax on some vehicles to revive the world’s biggest car market, a domestic industry group said yesterday. Auto sales jumped 11.79 per cent to 2.22 million units last month,…

AFP, KUALA LUMPUR: Malay-sian state energy firm Petronas said yesterday its third-quarter earnings plummeted 91 per cent as weak global oil prices continued to weigh on the company. Net profit at Malaysia’s only Fortune 500 company for the July-September quarter fell to 1.4 billion ringgit ($320…

AFP, LONDON: Britain's unemployment rate hit a new seven-year low in the third quarter, while employment struck a record high, official data showed yesterday. The rate -- the proportion of the labour force without work -- for the three months to the end of September slid to 5.3 per cent, a level…

AFP, HONG KONG: Shanghai stocks managed to lead a regional advance yesterday as more Chinese figures indicating weakness in the world’s number two…

AFP, LAGOS: Nigerian billionaire Aliko Dangote typifies the new “African lions” whose business empires are winning a competitive edge over…

E-commerce giant Alibaba has broken its own record for sales on China’s Singles Day, the world’s biggest online shopping event, reports BBC.…

AFP, NAGOYA: Japan’s first passenger jet made its maiden test flight yesterday, a landmark in a decade-long programme to launch the plane aimed…