The pound rebounded against the dollar Friday, a day after a severe shellacking, as some investors were willing to bet on Prime Minister Theresa May getting a controversial Brexit draft deal through parliament, dealers said. Even as dark clouds continued to gather over the prime minister’s political…

Inside the machine-crammed Mouhtarides factory near the Greek-Turkish border, Ioanna Pistola deftly spins a silk thread in a loom, ignoring the deafening…

Global retail giant Walmart is more upbeat about earnings for the year, despite tamping down expectations just a month ago, after posting sales growth across all its business lines and most regions on Thursday. The company has been buffeted by investments and sell-offs as it tries to position the chain…

Experts at a seminar yesterday said the trade war which is taking place in the world may create opportunities for Bangladesh. They said this at a seminar on “Trade War and its Implications for Bangladesh” organized jointly by Dhaka Chamber of Commerce & Industry (DCCI) and Bangladesh…

China’s holdings of US Treasury bonds in September hit their lowest in a year, but the country remained the largest foreign buyer of US government debt, statistics released Friday by US Department of the Treasury showed. China’s holdings of US Treasuries totaled 1.151 trillion US dollars…

The Farmers Bank Limited yesterday  introduced recovery software in an effort to ensure secured banking in its operations. The new generation bank launched the software through a daylong seminar in the city where departmental heads and managers of the branches were present, said a press release…

Dutch-Bangla Chamber of Commerce & Industry (DBCCI) organised a welcome reception for Dutch Ambassador to Dhaka Harry Verweij on Thursday. Speaking at the function at a city hotel, Ambassador Harry extended thanks to all concerned stakeholders for promotion and development of bilateral trade and…

Malaysia’s foreign direct investment (FDI) increased to 614.7 billion ringgit (146.6 billion US  dollars) in the third quarter, from 590.3 billion ringgit in the second quarter, according to official statistics Friday. Malaysian Statistics Department said in a statement that the manufacturing…