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Federal Reserve unleashes unprecedented support for US economy 2020-03-24 11:05:33The Federal Reserve's new programs go beyond any rescue attempt done during the 2008 crisis to both stabilize the economy and alleviate panic in fina

The next Tesla? Why Ohio’s ‘Voltage Valley’ has 2020-03-20 16:03:27Lordstown Motors is retooling a shuttered GM factory to make electric pickup trucks. Success may hinge on federal policy as well as local ingenuity.

Grocery clerks get a new title: Emergency responders 2020-03-20 13:12:00As unexpected front-line workers in a crisis, food store clerks win praise, respect, and even formal “emergency worker” recognition in som

From Milan to Miami, locked-in nations try to 2020-03-19 17:42:00A global health crisis has become an economic crisis spurring governments to open checkbooks, not to avert a recession as much as to lessen severity.

A temporary government stimulus brings stock market stability 2020-03-19 12:13:06Governments worldwide are quickly moving to establish financial aid packages to stabilize stock markets. The hope is to avoid a long-term economic rec

Not just for the military: More chaplains come 2020-03-19 11:58:00Workplace chaplains are becoming more common as some companies look to supplement employee assistance programs.

'Despite whipping out the big guns' Dow dives 2020-03-16 17:03:41Volatility is the new normal in Wall Street as the stock market plunged again for its worst day in more than three decades. But President Donald Trump

Preventative move? US Fed Reserve abruptly cuts interest 2020-03-15 18:19:00Concerned about slowing economic activity, the U.S. Federal Reserve made a surprise move Sunday to cut rates and inject $700B into bond markets.

Worst market day since 1987; wide-scale event cancellation 2020-03-12 17:42:46Wall Street ended its unprecedented bull-market run of nearly 11 years Thursday when the S&P 500 plummeted 9.5%. The cancellations of sports tourn

When fear goes viral: Battling prejudice in Chinatown 2020-03-10 16:54:00Fear of COVID-19 can fan racism. But our reporter finds that communities around the world are countering prejudice with acts of kindness and gratitude

Why COVID-19 is likely to change globalization, not 2020-03-09 15:46:00Can the world’s connecting fabric be undone by the coronavirus? Business experts say the benefits of trade are undiminished.

Black Monday: Why global stocks and oil prices 2020-03-09 10:16:00The combination of the Russia vs. Saudi Arabia oil price war and a crash in equities triggered by coronavirus economic concerns led to what analysts a

Reuters: Business News

Wall Street opens higher on coronavirus slowdown hopes New! 2020-04-06 09:38:39U.S. stocks opened higher on Monday, after President Donald Trump expressed hope that the coronavirus health crisis was "leveling-off" in some of th

GSK to partner with Vir for potential COVID-19 New! 2020-04-06 09:24:32British drugmaker GlaxoSmithKline will invest $250 million in Vir Biotechnology Inc and collaborate to develop potential treatments for COVID-19, the

EasyJet founder steps up battle with management over New! 2020-04-06 09:19:29Stelios Haji-Ioannou, easyJet's founder and biggest shareholder, on Monday intensified his battle with the airline's management over a huge aircraf

Zoom shares slip over security concerns, rising competition New! 2020-04-06 09:15:51Shares of Zoom fell 9% on Monday, adding to their sharp declines in the past few days, as the video conferencing app battles privacy concerns and inc

Uber connects out-of-work U.S. ride-hail drivers to delivery, New! 2020-04-06 09:10:08Uber Technologies Inc said on Monday its app will list job openings in the delivery, food production and grocery industry that can be accessed by its

EasyJet requests draw down of $500 million credit New! 2020-04-06 09:01:06EasyJet said on Monday it has requested to fully draw down its $500 million credit facility, secured against aircraft assets, and will continue to ex

Stocks jump on virus hopes, oil hit by New! 2020-04-06 08:57:20World stock markets jumped on Monday, encouraged by a slowdown in coronavirus-related deaths and new cases, though a delay in talks between Saudi Arab

IBM taps former Bank of America CTO to New! 2020-04-06 08:44:25International Business Machines Corp on Monday named former Bank of America Corp top technology executive Howard Boville head of its cloud business,

Allstate to return $600 million in auto premiums New! 2020-04-06 08:40:10U.S. insurer Allstate Corp said on Monday that it would return more than $600 million in auto insurance premiums to customers as many Americans stay

JPMorgan CEO Dimon calls 'bad recession', mulls suspending New! 2020-04-06 08:35:39JPMorgan Chase & Co's top boss Jamie Dimon on Monday said he sees a "bad recession" in 2020, and that the largest U.S. bank could suspend its

Cemex to shut Mexico operations until at least New! 2020-04-06 08:28:33Mexican cement company Cemex will suspend its operations in the country until at least April 30 in line with government guidelines aimed at stopping t

Norwegian Air's March traffic tumbles 60% amid virus New! 2020-04-06 08:24:20Norwegian Air's passenger volume fell by 60% year-on-year in March as it grounded planes amid efforts to halt the spread of the new coronavirus, and

The Daily Star

FICCI welcomes stimulus package from govt to overcome New! 2020-04-06 07:55:52Foreign Investors’ Chamber of Commerce and Industry (FICCI) has welcomed the stimulus package announced by Prime Minister Sheikh Hasina to overc

BEPZA announces closure of factories under 8 EPZs New! 2020-04-06 03:42:00Bangladesh Export Processing Zone Authority (BEPZA) has declared closure of all factories under the eight EPZs in the country from April 6 to 14.

AIIB approves $404mn loan to improve Bangladesh cross-border New! 2020-04-06 01:56:50The Asian Infrastructure Investment Bank (AIIB) has approved a $404 million loan to improve Bangladesh’s intercity travel and cross-border conne

All shops in 12 cities, district towns to New! 2020-04-05 23:13:17All shops and business establishments including eateries in 12 cities and district towns will close early every evening to limit the spread of coronav

Stimulus comes at the right time 2020-04-05 14:00:00Prime Minister Sheikh Hasina has realised the importance of the stimulus package for the economy at the right time, like she did in previous cases of

ISPs demand Tk 610cr in aid 2020-04-05 14:00:00The Internet Service Providers Association of Bangladesh (ISPAB) has demanded Tk 610 crore from the government to ensure the industry’s survival

Bold, timely, focused 2020-04-05 14:00:00Bangladesh’s business community and economists yesterday showered praise on Prime Minister Sheikh Hasina after she unveiled a Tk 72,750 crore pa

Package to improve economic situation faster 2020-04-05 14:00:00The first of four packages unveiled by the prime minister involves Tk 30,000 crore. It will be provided to affected industries and service sector orga

It’s a good package, but its delivery holds 2020-04-05 14:00:00This is a good package committing 2.5 percent of GDP to keep businesses in industry and services afloat with a particular focus on protecting employme

Mobilising liquidity top priority 2020-04-05 14:00:00From the very beginning, the central bank has given top priority to mobilising adequate liquidity for the financial sector if the pandemic hits Bangla

Bangladesh’s chance to prove it has gone digital: 2020-04-05 14:00:00People who even a few months ago had little interest in digital services are now increasingly availing those for movements being limited to their home

Concentrate more on keeping food prices low 2020-04-05 14:00:00Keeping food prices low should be seen as a strategic objective of the National Board of Revenue (NBR) during the preparation of the next national bud

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Covid-19 crisis: Map the coronavirus footprint across states 2020-04-05 10:09:19Check the spread of the coronavirus pandemic across states in India in this interactive map

Govt considering another package to minimize lockdown impact: 2020-04-05 10:00:00If a package is announced, it would be the third major initiative by the government to tackle the challenges thrown up by the rapid spread of coronavi

Covid-19: Gartner revokes job offers at IIMs; IITs 2020-04-05 09:42:12With countries closing borders and entering into lockdowns, recruiters, especially MNCs, are revisiting their hiring plans and are either revoking of

Covid-19 cases doubling every 4.1 days due to 2020-04-05 08:29:11Joint Secretary in the ministry Lav Agarwal said there had been 472 new COVID-19 cases and 11 deaths since Saturday

Substantial recovery likely against IL&FS Rs 94k cr 2020-04-05 08:25:14The NCLAT has approved the entire proposal of the government, which is in the "final stages of resolution"

Coronvirus: EPFO to accept Aadhaar as birth proof 2020-04-05 08:05:43Earlier, the EPFO allowed its subscribers to withdraw three months basic pay and dearness allowance as non-refundable advance on the ground of COVID-1

Life in trains post lockdown: Railways plans do's 2020-04-05 07:49:20Officials added the railways will also have to factor in how the lockdown is eventually opened. If it is selective, then trains will only run in areas

Life insurance policyholders get 30 days more to 2020-04-05 06:38:00Irdai has already provided additional time for payment of renewal premium in case of health insurance policies and motor third party insurance.

Govt tightens export ban on anti-malarial drug amid 2020-04-05 06:13:46On March 25, the government banned export of anti-malarial drug hydroxychloroquine with immediate effect to ensure sufficient availability of the medi

Lockdown would have deeper impact, 52% foresee job 2020-04-05 05:51:47"The expectations of this sharp decline in both revenue and profit growth by domestic firms could foretell the significant impact of this outbreak on

Covid-19: 26,000 quarantined after 10 feast attendees test 2020-04-05 05:41:43The man initially hid his travel history, but revealed it after he and his wife tested positive for coronavirus on April 2, Chief Medical and Health O

Covid-19: Air Deccan halts operations, staff put on 2020-04-05 05:25:19In view of the recent global and domestic issues and directive by Indian regulator to suspend flights till April 14, Air Deccan has no option but to c

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