Thyssenkrupp cuts targets as US tariffs weigh
Thyssenkrupp鈥檚 shares slumped Thursday as the struggling German industrial giant slashed its sales forecasts due to weak demand amid US president Donald Trump鈥檚 tariff onslaught...
Economy
Business leaders want extension of LDC graduation deadline
Leaders of major trade bodies and business chambers on Thursday sought extension of the time for LDC graduation of the country for three to five years to take preparation as they faced difficulties from the volatile economic conditions over the last few years...
US producer inflation in July highest in 3 years
US producer price inflation bounced in July to its highest reading since 2022, government data showed Thursday, with an uptick in services costs exceeding that in goods, as policymakers seek to gauge effects from President Donald Trump鈥檚 tariffs...
Yunus urges Malaysian conglomerates to invest in Bangladesh
Chief adviser Professor Muhammad Yunus on Wednesday urged Malaysia鈥檚 leading conglomerates to invest in Bangladesh鈥檚 affordable housing, ports, healthcare, and education sectors...
UK unemployment holds at four-year high amid tax, tariffs
Britain鈥檚 unemployment rate remained at a four-year high, official data showed Tuesday, as job vacancies shrank during a period that included a UK tax hike and US tariffs kicking in.
Bangladesh sees rapid rise in digital payments
Cashless payments in Bangladesh have experienced remarkable growth in recent years, fuelled by the rapid adoption of credit cards, debit cards, prepaid cards, and app- and QR code-based payment systems...
Foreigners exempted from e-returns
The National Board of Revenue has exempted foreign nationals working in Bangladesh from filing income tax returns online...
LDC graduation to be bigger challenge than US tariff: commerce adviser
The next challenge for the Bangladesh economy would be to graduate from the status of the least developed country, which would be a bigger challenge than the US tariff, said Commerce Adviser SK Bashir Uddin...
BB buys $83m more from banks in dollar auction
The Bangladesh Bank on Sunday purchased $83 million more from 11 banks through a dollar auction as part of its ongoing strategy to curb the depreciation of the US dollar against taka and revitalize the remittance and export sectors...
Midsized German firms bet on niche products
While Germany鈥檚 big companies groan under the US tariff burden, many small and midsize firms, the backbone of Europe鈥檚 top economy, are confident their highly-specialised goods will just keep selling...
Net NSC sales remain negative for 3 years
Net sales of National Savings Certificates (NSCs) remained negative for the third consecutive year in FY 2024鈥�25, driven by prolonged inflation, shifting investor preferences, and changes in government borrowing priorities...
Swiss gold refining sector stung by US tariffs
The first casualty of a hefty 39-per cent tariff on Swiss imports into the United States may be gold refining, after it emerged that certain gold bars could face the levy...
BoE cuts rate as keeps watch over tariffs
The Bank of England on Thursday cut its key interest rate by a quarter point to four per cent, the lowest level in 2.5 years, as it bids to boost a UK economy still threatened by US tariffs...
China says consumer prices stable in July
Consumer prices in China remained stable in July, official data showed Saturday, providing a respite for the world鈥檚 second-largest economy, which is facing strong deflationary pressure and fragile domestic demand...
Trump tariffs: Mexico, Canada discuss strategy
Mexico鈥檚 president on Tuesday hosted senior Canadian officials to discuss strategy in the face of US President Donald Trump鈥檚 trade tariff offensive.
