AFP, WASHINGTON: The White House on Friday amped up pressure on Venezuela’s cash-strapped government, restricting access to vital US capital markets and escalating a standoff between Washington and Caracas. In a move aimed at leveraging America’s vast financial power against Nicolas Maduro’s…

AFP, RIO DE JANEIRO: A wave of privatisations announced by Brazil’s President Michel Temer has fired up the stock market with hopes of economic…

AFP, NEW YORK:  Carefully scripted remarks by the world’s leading central bankers on Friday left the dollar lower but had a muted effect on…

As part government’s moves to increase the ratio of renewable energy in the country, Bangladesh Power Development Board (BPDB) will sign a contract today with privately owned Intraco Solar Power Limited for procuring 30 megawatt (MW) solar electricity, reports BSS. BPDB Director (public relations)…

Stocks finished higher last week that ended Thursday with speculation and profit taking ahead of the Eid festival after witnessing red in the previous…

AFP, BANGALORE:  Nandan Nilekani, the newly appointed chairman of troubled Indian software services giant Infosys, said Friday he wanted to find a new chief executive, reconstitute the board and stabilise a business roiled with conflict in recent months. As an Infosys cofounder who ran the business…

AFP, MANILA: Uber said yesterday it expects to resume operations in the Philippines “soon” after regulators agreed to lift a ban slapped against the American ride-sharing giant in exchange for a fine. The government meted Uber a one-month suspension on August 14 following a tussle over driver…

Bangladesh Bank (BB) will release new currency notes for Tk 5 and Tk 100 tomorrow in the market ahead of the Eid-ul-Azha, reports BSS. The new notes will be distributed from all branches of BB across the country every working day until the Eid vacations. The notes will also be distributed from Jatrabari…

AFP, SYDNEY: Australia’s Qantas unveiled plans for the world’s longest non-stop commercial flight Friday, calling it the “last frontier of global aviation”, as it posted healthy annual net profits on the back of a strong domestic market. The firm, which hopes to fly non-stop…