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Newest Bangladeshi Business, Financial, Shares, Financial, Technology News And Analysis

Business News

In 2023, Tata Steel agreed on a restructuring plan that includes the replacement of blast furnaces at its Port Talbot unit with electrical furnaces to utilise recycled metal, in a move to lower carbon emissions. Louisiana Sen. Bill Cassidy, responding to a Wall Street Journal report, tore right into a federal decide’s choice that would halt offshore drilling in the Gulf of Mexico later this yr. Recent Goldin auctions have pulled in record-breaking gross sales on varied sports activities and entertainment collectibles, together with a Kobe Bryant-signed card. Billionaire entrepreneur Elon Musk warns the united states government is on the quick track to chapter and must scale back its spending because “this does not have a great ending.”

Business News

Prime Bank PLC recently signed an agreement with tech company Dotlines, aimed at enhancing banking companies for the latter’s workers. Bangladesh Financial Intelligence Unit at present asked banks to supply particulars of accounts of former state minister for foreign affairs Md Shahriar Alam, his spouse and son. Sustainability has turn into a mainstream issue for businesses throughout the globe, so Bangladesh also needs to put money into researching and growing innovative expertise to help native corporations embrace it in their Business News core strategies, in accordance with analysts. Zara proprietor Inditex, the world’s biggest trend retailer, posted a document net profit for the first half of the 12 months on Wednesday, despite slower sales progress. The planning ministry has fashioned a 12-member taskforce to develop strategies to beef up the financial system and mobilise resources for equitable and sustainable improvement. The Bangladesh Bank yesterday fashioned a six-member taskforce to hold out reform initiatives within the country’s banking sector.