Daimler has agreed to pay Nokia for using its patents, ending a row that highlighted a battle between tech and car companies over royalties for key technologies.

Eurozone manufacturing activity expanded at a record pace in May, according to a survey on Tuesday which suggested growth would have been even faster without supply bottlenecks that have led to an unprecedented rise in input costs.

Indian state refiners’ daily gasoline and gasoil sales declined by about a fifth in May from a month earlier as lockdowns to curb the second deadly wave of Covid-19 hit industrial activities and consumption, preliminary data showed on Tuesday.

British house prices jumped by an annual 10.9 per cent, the most in nearly seven years, and they look set to accelerate further as people seek new homes after the pandemic, mortgage lender Nationwide said.

India’s factory activity growth slowed significantly in May as an escalation in coronavirus cases whacked new orders and output while scarcity of raw materials drove up input costs, a private sector survey showed on Tuesday.

Shares in Chinese toy makers, diaper producers and infant food companies soared for the second day on Tuesday, as investors piled into stocks seen as benefitting from Beijing’s new three-child policy.

Black money worth Tk 88.6 lakh crore has been originated from Bangladesh in the last four decades, Bangladesh Economic Association (BEA) President Prof Abul Barkat said today.

Remittance inflows hit a 10-month high of $2.17 billion in May thanks to the hard-earned money sent by migrant workers amid the second wave of the Covid-19 pandemic.

Fish of 7,585 ponds and ghers have been washed away by flood due to Cyclone Yaas in Patuakhali. This has caused Tk 55.44 crore financial loss to the fish farmers.

Chattogram customs officials have seized 42 tonnes of poppy seeds -- which can be used for producing drugs -- imported under false declaration.

Qatar Petroleum (QP) has hired international banks for a multi-billion dollar debut public bond sale by the end of June, two sources said, as lower oil and gas prices prompt Gulf energy firms to raise cash.

The price of computers and IT accessories has shot up 20 per cent in the last 14 months as pandemic-induced restrictions prompted educational institutions and businesses to heighten focus on home-based schooling and work.

US-Bangla Airlines and Novoair will resume flights on Dhaka-Cox’s Bazar route today after suspension of operations for around two months following the outbreak of the second wave of Covid-19.

The global economic outlook is improving as vaccine rollouts allow businesses to resume operations and as the United States pumps trillions of dollars into the world’s largest economy, the OECD said on Monday, nudging its forecasts higher.

Cryptocurrency Ethereum extended gains to rise more than 8 per cent on Monday to $2,587 but remained 40 per cent below a record high of above $4,300 hit earlier this month.

Intel Corp’s CEO said on Monday it could take several years for a global shortage of semiconductors to be resolved, a problem that has shuttered some auto production lines and is also being felt in other areas, including consumer electronics.

About 20 Japanese companies, including electronic component maker Ibiden Co, will work with Taiwan Semiconductor Manufacturing Co (TSMC) to develop chip manufacturing technology in Japan, the Nikkei newspaper reported.

China’s factory activity growth slowed slightly in May as raw materials costs grew at their fastest pace in over a decade, weighing on the output of small and export-oriented firms.

American tyre manufacturer Goodyear Tire & Rubber Company is facing accusations of unpaid wages, unlawful overtime and threats to foreign workers at its Malaysian factory, according to court documents and complaints filed by workers.

The Covid-19 pandemic has wreaked havoc on most of the sectors of the economy. The real estate sector was not spared.