Women will have to wait 217 years before they earn as much as men and have equal representation in the workplace, the research said, revealing the widest gap in almost a decade. Women are paid and achieve just over half as much as men in the
Oil markets were stable on Monday, with Brent remaining above $60 per barrel supported by expectations that an OPEC-led production cut due to expire next March would be extended. Brent crude oil futures, the international benchmark for oil prices,
Oil prices jumped about 2 percent on Friday, with global benchmark Brent crude rising above $60 per barrel, on support among the world’s top producers for extending a deal to rein in output and as the dollar retreated from three-month peaks.
Malaysian Prime Minister Najib Razak announced Malaysia’s 2018 budget on Friday, laying out government plans to tackle rising costs and to contain the country’s fiscal deficit. The government also on Friday released its annual economic
The dollar traded within sight of a three-month high against the yen on Wednesday, underpinned by reports of Republican senators’ support for John Taylor to become the next Federal Reserve chief. Against a basket of six major currencies, the
Bangladesh on Sunday signed long-term sales and purchase agreement with an Indian refiner to import gasoil to meet the country’s energy demand, officials said. The deal between Bangladesh Petroleum Corp (BPC) and Numaligarh Refinery Limited
Bitcoin surged to a record high of more than $6,000 on Friday, pushing its market capitalization to $100 billion at one point, as investors continued to bet on an asset that has a limited supply and has paved the way for a whole slew of
PHP Shipbreaking and Recycling Industries has become the first Bangladesh scrapper to win a statement of compliance under the Hong Kong Convention for the Safe and Environmentally Sound Recycling of Ships. Director Zahirul Islam says PHP spent
Bangladesh Petroleum Corp (BPC) is set to sign a 15-year deal with Indian oil refiner Bharat Petroleum Corp Ltd (BPCL) to import gasoil to meet the country’s energy demand, two company officials with the direct knowledge of the matter said.
Oil prices clung to this month’s high on Tuesday after Iraqi forces seized the oil-rich city of Kirkuk from largely autonomous Kurdish fighters while Asian shares held firm on optimism about upcoming earnings. Short-term U.S. bond yields and
Luxury electric vehicle maker Tesla Inc (TSLA.O) fired about 400 employees this week, including associates, team leaders and supervisors, a former employee told Reuters on Friday. The dismissals were a result of a company-wide annual review, Tesla
Oil prices fell on Thursday as U.S. fuel inventories rose despite efforts by OPEC to cut production. Brent crude oil LCOc1 was down 75 cents at $56.19 a barrel by 1340 GMT. U.S. light crude CLc1 was $1.00 lower at $50.30. Both benchmarks have risen
The US government has approved the sale to Saudi Arabia of its advanced Terminal High-Altitude Area Defense (Thaad) missile defence system. The State Department said the $15bn (£11.5bn) deal furthered US national security and foreign policy
The World Bank (WB) on Wednesday signed a Memorandum of Understanding (MoU) with four Bangladeshi professional institutions to set up a Center of Excellence for Urban Development (CEUD) to support cities and its local agencies to improve the
Bangladesh will sign US$4.5 billion third Line of Credit (LoC) agreement with India today in presence of Finance Minister AMA Muhith and Indian Finance and Corporate Affairs Minister Arun Jaitley. Economic Relations Division (ERD) Secretary and
Oil prices fell on Tuesday, declining for a second day and sapping more strength from a third-quarter rally, amid signs that a global glut in crude may not be clearing as quickly as some had hoped. US crude CLc1 was down 14 cents, or 0.3
The Bangladesh Investment Development Authority (BIDA) will launch 'One-Stop Service Centre' on a pilot basis in the middle of the next year to provide entrepreneurs with all necessary services for investments from a single window.
Rice prices dipped this week in the Asian hubs of India and Thailand, but prospects of new deals with flood-ravaged Bangladesh could reinvigorate sluggish markets for the staple grain amongst top exporters in the region. Bangladesh, which has