The Health and Family Welfare Ministry has decided to cancel the licence of 20 pharmaceutical companies in line with the recommendations made by the Parliamentary Standing Committee on the Health Ministry, reports BSS. Health Minister Mohammad Nasim gave the directives yesterday while presiding over…

Human Rights Watch (HRW) has said Bangladesh government should urgently remove legal and practical obstacles to unionisation in its readymade garment…

AFP, LONDON: Oil prices steadied yesterday after rising the previous session thanks to news of a fall in US output that eased concerns over a supply glut. At about 1100 GMT, US benchmark West Texas Intermediate for delivery in June stood at $44.20 a barrel—unchanged from Wednesday’s close.…

AFP, HONG KONG: Asian stock markets rallied again yesterday as another surge in oil prices and gains on Wall Street reinforced optimism about the world…

AFP, CARACAS: Recession-wracked Venezuela is to ration electricity in 10 of its most populous and industrialized states, including metropolitan Caracas, the socialist government said Wednesday. It is the latest drastic measure to alleviate a severe electricity crisis which President Nicolas Maduro and…

AFP, BEIJING: The founder of China’s Internet giant Tencent will donate $2 billion in shares to charity, the company said—one of the largest gifts ever given in a country whose new super-rich have no tradition of philanthropy. Pony Ma, Tencent’s chief executive, will give the shares…

Stock market closed week down yesterday on selling spree by profit-takers and the investors who were repositioning from large-cap to mid and small cap groups for minimising risk, reports BSS. The boarder DSEX index of Dhaka Stock Exchange (DSE) was down by over 68 points or 1.55 per cent to finish the…

Samsung Mobile Bangladesh revealed the latest addition to its J series – Galaxy J3 which has 4G LTE enabled device and consists of ultra-data saving mode along with unique bike mode, a press statement said yesterday. This smartphone not only came up with unique design and features but also reflected…

Japanese YUASA, a leading motorcycle battery manufacturer and car battery manufacturer in the world, yesterday launched its first sales and service centre at Rahman Filling Station at Motijheel in the capital, the company said in a press statement. The company is also offering after and pre sales services…

AFP, JOHANNESBURG: Hundreds of coffee lovers queued early yesterday in an upmarket Johannesburg shopping centre as international chain Starbucks opened its first cafe in sub-Saharan Africa. The US-based global brand plans to open 12-15 more stores in South Africa over the next two years, with a long…

AFP, TOKYO: The euro dipped in Asia yesterday ahead of a closely watched European Central Bank policy meeting later in the day that comes as its officials are engaged in a public spat with the eurozone's biggest economy Germany. While it is not expected to add to last month's monetary easing…

The government is willing to take a 25 per cent stake in any rescue of Tata Steel's UK operations, it has been announced. The business department said it was preparing to make a support package "worth hundreds of millions of pounds" available to potential buyers. Business Secretary Sajid…