The benchmark index of the Dhaka Stock Exchange (DSE) rose 0.56 per cent today, but the turnover dropped to below 1,500 points level after more than a month as investors adopted a wait-and-see approach.

The food ministry today launched a decade-long plan for achieving the objectives of the National Food and Nutrition Security Policy (NFNSP).

The issues of unemployed and those who lost job both at home and abroad have not been addressed in the proposed budget, Bangladesh Institute of Labour Studies (BILS) said today.

Johnson & Johnson, one of the pharmaceutical giants accused of fueling the deadly opioid crisis in the United States, will stop making or selling the drugs in the US under a $230 million settlement with New York state.

The judges of the Supreme Court, including the chief justice, will receive home loans up to Tk 1 crore at a lower interest rate, said the finance division yesterday.

Hong Kong’s Cathay Pacific Airways Ltd expects to reduce its cash burn to less than HK$1 billion ($128.84 million) a month in the second half of the year, its chief financial officer said.

Borrowers would be able to avoid falling into the default zone by repaying 20 per cent of their loan installment amount as of June, Bangladesh Bank said yesterday.

Ray-Ban maker EssilorLuxottica is considering suing its takeover target GrandVision after a court ruled that the Dutch eyewear retailer had violated the terms of their 7.2 billion euro ($8.6 billion) proposed acquisition agreement, a source with knowledge of the matter told Reuters.

Incomes of some 77 per cent of people in Bangladesh have declined in the throes of the Covid-19 fallouts over the last one and a half years, said Consumers Association of Bangladesh (CAB) yesterday.

Rosengren said he expects the US economy to grow by about 7 per cent this year, and for inflation to be slightly above 2 per cent next year.

Shares on the Dhaka Stock Exchange plunged yesterday as uncertainty over the course of the pandemic and the future of the economy gripped investors following the announcement of a countrywide shutdown from July 1.

No new proposals for ending a two-month lockout of 650 United Steelworkers union members from Exxon Mobil Corp’s Beaumont, Texas refinery were made during a meeting this week, said union and company spokespeople.

Everything was in good shape for Akhtar Hossain Khan, an entrepreneur in Saidpur, until his business faced closure for two months after Covid-19 arrived on the shores of Bangladesh in March last year.

Bangladesh Cold Storage Association (BCSA) has demanded that the government reduce for the industry’s income tax from 35 per cent to 10 per cent in the national budget for 2021-2022.

Brac Bank has recently sought applications from fresh graduates, including individuals of the third gender and who are differently abled, for its one-year Young Leaders’ Programme through which it appoints principal officers.

Republican Senate negotiators on an infrastructure deal on Sunday welcomed President Joe Biden’s withdrawal of his threat to veto a $1.2 trillion bipartisan bill unless a separate Democratic spending plan also passes Congress.

German carmaker Daimler is on track to spin off Daimler Truck, the world’s largest truck and bus maker, by the end of the year, its finance chief was quoted as saying on Sunday.

Airbus has offered to assemble Eurofighter aircraft in Switzerland if Bern picks it for a 6 billion Swiss franc ($6.5 billion) defence contract, a top salesman at the consortium told a Swiss Sunday newspaper.

US consumer sentiment ticked up in June, driven by an improving economic outlook among affluent households, a survey released on Friday showed.

Nearly 140 countries will haggle over key details of a global corporate tax plan this week, with some concerned about giving up too much and others eager to ensure tech giants pay their fair share.