The boss of carmaker Rolls-Royce has said global demand for luxury vehicles is rebounding despite the pandemic. Boss Torsten Müller-Ötvös told the BBC that markets in Asia, Europe and the US were now "more or less back to normal". Mr

Twitter has said that an account for the personal website of Indian Prime Minister Narendra Modi has been hacked. A series of tweets were sent from the account asking followers to donate cryptocurrency to a relief fund. Twitter said it was aware of the activity and had taken steps

Australia's economy has plunged into its first recession in nearly 30 years, as it suffers the economic fallout from the coronavirus. Gross domestic product (GDP) shrank 7% in the April-to-June quarter compared to the previous three months. This is the biggest fall since records

Urmi Group has launched a three-layered antiviral and antimicrobial face mask called Turaag Protex. The mask is manufactured using Swiss Technology (HeiQ Viroblock). Despite being a world-class personal protection product for safety, its manufacturers say it is affordable for the

Bangladesh’s foreign exchange reserves have set a new record, surpassing $39 billion-mark for the first time on Tuesday. Bangladesh Bank Executive Director and spokesperson Md Serajul Islam said country’s foreign exchange reserve hit $39.40 billion today. The reserve is

Road Transport and Bridges Minister Obaidul Quader on Saturday said that the government has decided to withdraw the increased bus fare from September 1. He said: “The additional bus fares, which were fixed by the government amid the coronavirus pandemic, will not be taken from

Jeff Bezos was already the world's richest man. Now his net worth has skyrocketed once again, setting another new record. On Wednesday, the Amazon CEO's wealth reached an estimated $202 billion, according to the Bloomberg Billionaires index, as the company's shares soared.

Classic Group has brought 6-layered anti-bacterial facemasks manufactured by Kenneth Cole, a well-known brand from New York, in Bangladesh market. The mask can be found on the popular e-commerce platforms Daraz and Click N Shop, said a press release.  The most striking feature

Malaysia’s economy contracted in the second quarter by the most since the Asian financial crisis more than two decades ago, with the central bank downgrading its outlook for this year sharply. Gross domestic product shrank 17.1% compared to a year earlier, its worst showing since

The Founder Institute, the world's largest pre-seed accelerator, on Tuesday announced that it was accepting applications from startup founders, ideators and innovators for its fourth accelerator program. In an effort to ensure the health and safety of the program's mentors,

The per capita income in Bangladesh has increased by $155 from $1,909 to $2,064 despite the devastating impact of the coronavirus pandemic. Bangladesh Bureau of Statistic (BBS) on Tuesday revealed the latest figures as provisional data collected from the GDP and per capita income

Hong Kong business tycoon Jimmy Lai has been arrested and his newspaper offices raided by police over allegations of collusion with foreign forces. His case is the most high-profile arrest so far under the controversial security law imposed by China in June. Mr Lai has been a

Islami Bank Bangladesh Limited inaugurated its Gallamari sub-branch at Gallamari of Khulna recently.  Swapan Kumar Roy, Executive Director of Bangladesh Bank, Khulna Office inaugurated the sub-branch as chief guest.  Ali Akbar Tipu, Panel Meyor, Khulna City Corporation and

  Kuwait's Directorate General of Civil Aviation (DGCA) has suspended flights from 31 countries on the day it resumed commercial operations. Kuwait's DGCA announced plans to restart operations on a three-phase basis, with operating capacity not exceeding 30 percent

Gold prices rocketed to a record high on Monday with spooked investors rushed into the safe-haven as the coronavirus spreads across the globe, while the weaker dollar also provided strong support. The metal surged more than one percent to $1,930.48 per ounce in Asian trade, with

DHAKA: The first freight train carrying 50 containers of fast-moving consumer goods (FMCG) and apparel products from India arrived at Benapole via Benapole-Petrapole rail link. The products were handed over to Bangladesh authorities on Sunday, said a press release issued by Indian High

DHAKA: Bashundhara restaurant chain’s products are now available in online marketplace Evaly and people now can easily get home delivery of products by using internet and mobile app. Three eateries including Food Hall, Sunflower Restaurant and international kebab franchisee Baba

Goldman Sachs has reached a $3.9bn (£3bn) settlement with the Malaysian government over the multi-billion dollar 1MDB scandal. The settlement includes a $2.5bn cash payout by Goldman and a guarantee to return at least $1.4bn in assets linked to 1MDB bonds. US officials have so

Riding high on foreign investors buying stakes in Jio Platforms, Reliance Industries Ltd Chairman Mukesh Ambani became the world’s fifth-richest person Wednesday, edging past American investor Warren Buffett on the real-time ranking of billionaires by Forbes. With an estimated

DHAKA: Bashundhara Group Managing Director Sayem Sobhan Anvir paid a courtesy call on Bangladesh Petroleum Corporation (BPC) Chairman Md Shamsur Rahman at the latter’s office in the capital on Wednesday (July 22). BDST: 1910 HRS, JULY 22, 2020 AP