Canada slashes Stellantis, GM tariff-free car imports
Canada announced Thursday it was reducing tariff-free import quotas for carmakers Stellantis and General Motors (GM) in response to their moves to scale back manufacturing in the country.
Business-Economy
India can switch from Russian crude, but at a cost: analysts
Indian oil refiners can shift away from Russian crude after US president Donald Trump imposed sanctions on Moscow鈥檚 two largest oil companies 鈥� but the move will come at a cost, analysts said Friday.
Square Pharm recommends 120pc cash dividend
Square Pharmaceutical board of directors has recommended 120 per cent cash dividend for the year ended June 30, 2025.
Rubaiyath new independent director of Peoples Ins
Rubaiyath Ara has been appointed as an independent the director of Peoples Insurance Company Limited, said a press release.
Modhumoti Bank opens 2 sub-branches
Modhumoti Bank PLC on Thursday launched operations of its two new sub-branches at聽Banasree and Uttara Sector-12 in the capital, said a press release.
Prime Bank cardholders to get discounts at D茅lifrance
Prime Bank PLC has entered into a strategic partnership with Les Bleus Limited (D茅lifrance) to offer exclusive dining and gifting discounts for its employees and customers.
Oil and gas majors stick to their guns on climate advertising
Oil and gas companies have increasingly come under legal attack over their role in contributing to global warming, yet unlike other industries that face tougher regulations they have not abandoned their climate marketing claims.
EBL hosts financial literacy seminar at NSU
Eastern Bank recently organised an exclusive seminar on financial literacy titled 鈥楨BL Campus Connect: Inspiring New Generation in Banking鈥� at North South University, said a press release.
Russia cuts key interest rate, warns of tepid growth
Russia鈥檚 central bank on Friday cut its benchmark interest rate and said growth had slowed to almost zero as the economy sags under the cost of the Ukraine offensive and Western sanctions.
Ford profits jump as it lowers forecast on hit from supplier fire
Ford cut its full-year profit forecast Thursday following a fire-related outage at a major supplier as the automaker reported a jump in quarterly profits. The third-quarter results easily topped analyst estimates, reflecting the lift from higher auto sales. Ford also signaled a significantly improved outlook on the full-year hit from President Donald Trump鈥檚 trade tariffs following recent White House announcements.
Islami Bank, Mastercard launch digital payment ecosystem at CU
Islami Bank Bangladesh PLC, in collaboration with Mastercard, inaugurated a fully cashless university campus under the Bangladesh Bank鈥檚 鈥楥ashless Bangladesh鈥� initiative, enabling teachers, students and visitors to conduct cashless transactions at Chattogram University.聽
NRBC Bank hosts entrepreneur dev training for SMEs
NRBC Bank organised an entrepreneurship development training programme under supervision of the Bangladesh Bank and with financial support from the Asian Development Bank, aimed at promoting the growth of small and medium enterprises, according to a press release.
Cyberattack on Jaguar Land Rover slashes UK car output
Britain鈥檚 car output slumped by more than one quarter in September as a cyberattack halted production at Indian-owned Jaguar Land Rover, industry data showed Friday.
Trump鈥檚 Asia tour set to spotlight trade challenges
US president Donald Trump鈥檚 trip to Asia which begins Sunday, tomorrow, carries significant economic stakes for countries around the region, with multiple tariff deals still pending and a trade dispute simmering between Washington and Beijing.
STEEL INDUSTRY:聽Focus on efficiency, cost cutting amid demand slump
Bangladesh鈥檚 steel industry, one of the key drivers of the country鈥檚 infrastructure-led economic growth is shifting its focus from capacity expansion to cost efficiency and technological modernisation as domestic demand has weakened in recent years due to...
