International Finance Corporation (IFC), a member of the World Bank Group, has developed PaCT Portal, a web tool to help calculate resource consumption in the country’s readymade garments (RMG) industry. IFC yesterday launched the portal at the PaCT annual meeting held in the capital, said a press…

The EU wants a uniquely close post-Brexit relationship with the UK, but is "fine" if London opts to walk away without one, European Commission…

Asian and European stocks advanced yesterday, after more Wall Street records overnight on easing investor concerns over the economic impact of China's…

Country’s premier bourse, Dhaka Stock Exchange (DSE) bounced back yesterday as the investors gained confidence over Bangladesh Bank’s circular…

Britain’s economy saw zero growth in the final quarter of last year as manufacturing shrank heading into the country’s general election that unlocked Brexit, official data showed yesterday. “There was no growth in the last quarter of 2019 as increases in the services and construction…

Daimler’s chief executive Ola Kallenius suffered a grim first year in post in 2019 as profits tumbled at the Mercedes-Benz parent company due to billions in costs from the “dieselgate” scandal, while thousands of job cuts lie ahead. “We cannot be satisfied with our bottom line,”…

Nissan is the latest car maker to temporarily shut one of its factories as it can’t get parts from China. The firm will halt production for two days at a plant in Japan which makes the Serena and X-Trail models. Global car brands are facing similar disruptions as much of China’s manufacturing…

Taiwan yesterday hit out at countries that “confuse” it with China after the Philippines became the latest to impose a travel ban on the island over the deadly coronavirus outbreak. Despite its cultural links and close proximity to China, Taiwan moved swiftly against the outbreak and currently…