The OPEC cartel on Wednesday warned that global trade tensions could have a negative impact on the oil market by pushing down demand for crude, reports AFP from Paris. In its monthly report, the Organization of the Petroleum Exporting Countries said buoyant world trade in 2017 and 2018 had helped impulse…

Three international exhibitions– fourth Buildcon-2018, Green Arch-2018 and fourth Bangladesh Wood International Expo-2018– began at International Convention Centre, Bashundhara in the capital yesterday, reports BSS. Futurex Trade Fair and Events Private Limited of India and ASK Trade and…

LGRD and Cooperatives Minister Khandker Mosharraf Hossain has urged officials concerned in foreign missions of Bangladesh to work sincerely for building an economically prosperous Bangladesh, reports BSS from New York. “You (officials of foreign missions) could play an important role in development…

Asian markets yesterday recovered from the previous day's hammering, oil prices bounced and the dollar extended a rally on the back of expectations the US is better prepared to deal with a trade war with China, reports AFP from Hong Kong. While investors remain on edge about a damaging standoff…

Semi-conductor giant Broadcom, which recently failed in a bid to buy US rival Qualcomm, on Wednesday announced a cash deal to buy software and services…

The EU yesterday slashed its growth forecast for the eurozone in 2018, warning that the rising trade tensions with the United States were hitting the economy, reports AFP from Brussels. The European Commission, the EU’s executive arm, said the 19-country single currency bloc would expand by 2.1…

Qatar Airways will add an additional daily frequency to Dhaka commencing on August 1, a press statement said yesterday. The additional daily flight will be serviced by the Qatar Airways Airbus A330-200, providing 24 seats in Business Class and 236 seats in Economy Class, and will bring the award winning…

Dubai threatened yesterday to take legal action against China for building an international free trade zone in Djibouti on a terminal disputed with the strategic Horn of Africa nation, reports AFP from Dubai. The warning came one week after Djibouti launched the first phase of Africa's biggest free…

Middle East online retail upstart noon.com said yesterday it was expanding into China, seeking partners in the country's flourishing e-commerce industry to help it compete with Amazon in its home markets, reports AFP from Bubai. The $1 billion Internet retailer said it has launched its Asia operations…

Iran’s non-oil trade with the BRICS nations (Brazil, Russia, India, China and South Africa) declined 8.68 per cent in volume but increased 7.4 per cent in value during the last Iranian fiscal year compared to the corresponding year before, local media Eghtesad Online reported on Sunday, reports…