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23 June 2026, 14:55 PM
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Analysts slash gold price forecasts
Banks and brokerages have cut their average gold price forecasts for this year and next after heavy losses in the second quarter, but expect the metal to bounce back towards $1,300 an ounce, a Reuters poll showed on Monday.
23 July 2018, 18:00 PM
S&P boosts Greece debt outlook to 'positive'
The ratings agency S&P Global on Friday raised its outlook for Greek sovereign debt to "positive" from "stable," citing greater political stability in the long-troubled European nation.
21 July 2018, 18:00 PM
Japanese auto imports no threat to US national security: Abe
Japan's Prime Minister Shinzo Abe said on Friday imports of Japanese automobiles pose no threat to US national security, vowing to convince President Donald Trump not to impose tariffs that could damage the global economy.
21 July 2018, 18:00 PM
Microsoft shares at all-time high after bumper results
Microsoft Corp shares rose about 5 percent to an all-time high on Friday, after investors cheered another blockbuster quarter, backed by growth in its legacy software business and Azure cloud computing services.
21 July 2018, 18:00 PM
Over sorghum salad, US farmers and Chinese buyers chew on trade
Chinese importers of the livestock feed sorghum feasted on tabbouleh salad and chipotle tortillas made with the US grain at a Texas barbecue this week, as farmers try to woo buyers in the middle of an escalating US-China trade war.
21 July 2018, 18:00 PM
Trump and the US dollar: Actions speak louder than words
US President Donald Trump may not be happy about the strength of the US dollar, but the greenback's recent rally may partly be a product of his own making.
21 July 2018, 18:00 PM
GlaxoSmithKline considers splitting up the group
GlaxoSmithKline Plc is considering a break-up of the group after investors pressed the company's board to spin off its consumer division, the Financial Times reported on Friday.
21 July 2018, 18:00 PM
Amazon, Toyota and others working to counter Trump's tariff plans
Big companies in the United States from Amazon.com Inc to Toyota Motor Corp and Alcoa Corp are working to counter the effect of the Trump administration's trade policies and to head off new tariffs.
21 July 2018, 18:00 PM
Ethiopian migrant brings the Italian hills alive with the sound of goats
Agitu Idea Gudeta has built up a thriving business in her adopted Italy making goat's cheese and beauty products in just a few years since fleeing her native Ethiopia in 2010 over a land dispute.
21 July 2018, 18:00 PM
Bangabandhu-1 satellite seeks business from banks
Bangladesh Communication Satellite Company Ltd (BCSCL) has recently written to the finance ministry to request banks to take connection from the country's first communication satellite, Bangabandhu-1, whose commercial service is scheduled to begin in September.
21 July 2018, 18:00 PM
US to respond to concerns over trade policy at G20
US Treasury Secretary Steven Mnuchin will have the opportunity to address concerns about Washington's trade policies during a meeting of the world's leading finance ministers this weekend, a senior Treasury official said Tuesday.
18 July 2018, 18:00 PM
Swatch makes up for lost time with record sales
Swatch, the world's top watchmaker, on Wednesday announced an all-time record in half-year sales, saying it has millennials to thank for bringing wristwatches back.
18 July 2018, 18:00 PM
EU sets provisional import duties on Chinese e-bikes
The European Union will impose duties from Thursday on Chinese electric bicycles in a move to curb cheap imports that European producers say are flooding the market.
18 July 2018, 18:00 PM
India to inject $1.65b in five state banks
The Indian government will inject a total 113.36 billion rupees ($1.65 billion) in five state-run banks, including fraud-hit Punjab National Bank, in a week or so, a senior government official told Reuters on Wednesday.
18 July 2018, 18:00 PM
India doubles duty on textile products
India has doubled import duty on over 50 textile products, including jackets, suits and carpets, to 20 percent seeking to protect and promote domestic manufacturing but made it clear that Bangladesh and other least developed countries (LDCs) will continue to enjoy duty-free access.
18 July 2018, 18:00 PM
US Fed to continue to raise interest rates gradually
The Federal Reserve will continue to raise rates gradually as the US economic outlook remains strong despite uncertainty over trade policy, Fed Chairman Jerome Powell said Tuesday.
18 July 2018, 18:00 PM
Ericsson swings to modest profit
Mobile telecom equipment maker Ericsson posted an unexpected swing to a modest operating profit, saying it was boosted by growing sales traction in North America, which gave it confidence of meeting longer-term financial targets.
18 July 2018, 18:00 PM
Not dead yet: Home of Brent crude gets new lease of life
Oil giant BP's Eastern Trough Area Project off the coast of Scotland wasn't supposed to be viable beyond 2018. But government and industry working together have given ETAP a new lease of life that is being closely watched by countries and companies eyeing other ageing projects around the world.
18 July 2018, 18:00 PM
S Korea minister warns of fallout of US-China trade war
South Korea's finance minister warned that an all-out trade war between the US and China would have grim implications for the country, as he lowered this year's growth outlook Wednesday.
18 July 2018, 18:00 PM
China auto firms to set up ride-sharing platform
Chinese firms FAW Group, Dongfeng Automobile and Chongqing Changan Automobile have set up a venture to establish a ride-sharing platform, Changan said on Saturday, creating the kind of service pioneered by Uber.
14 July 2018, 18:00 PM