AFP, PARIS: IMF chief Christine Lagarde was ordered Friday to stand trial in France over a massive state payout to a colourful tycoon when she was French economy minister, dealing a setback to her stellar career. France’s highest appeals court dismissed Lagarde’s challenge against the decision…

AFP, LONDON: While British politicians have spent the month since the EU referendum in a whirl of resignations, recriminations and political backstabbings,…

National Museum of Scotland located in the city of Edinburg, Scotland has opened ten new galleries in 2016 and one of them is on “Telephone Lady”…

With the aim of capturing the market of eight eastern states of India and Bhutan, Bangladesh is going to negotiate with them to export the unused bandwidth, reports BSS. To this end, a team of Bangladesh led by State Minister for Posts and Telecommunications Tarana Halim would fly to India and Bhutan…

Experts at a workshop in the capital yesterday stressed the need for the improvement of individual risk management structure by each bank to overcome the current and possible challenges in the country’s banking sector, reports UNB. They said it needs a better understanding between the board of…

Local currency market remained largely stable after 30 days of the Brexit that had sent a wave of volatility to the global currency market last month. The pound sterling lost 8.0 per cent against US dollars on the first day of trade following Brexit, held on June 23 to pave the way for the United Kingdom…

Border Guard Bangladesh's (BGB) Shimanto Bank will start its operation from next month for the welfare of its members, reports BSS. Prime Minister Sheikh Hasina is likely to inaugurate the Shimanto Bank in the first week of August at a programme at BGB headquarters in the capital, said a press release…

AFP, CHENGDU: The International Monetary Fund (IMF) has warned risks to the global economy are growing, as it called on some G20 nations to boost government spending. Central bank chiefs and finance ministers from the world's top 20 economies gathered in the southwestern Chinese city of Chengdu…

Walton has set a target of selling 1.5 million fridges this year, the company said in a statement yesterday. To meet the target, the local company has already undertaken massive preparations, including increasing fridge production through installing state-of-the art equipments, releasing new models…