Business
With business vaporizing, Europe focuses on avoiding layoffs
As the new coronavirus spreads across Europe, ravaging economies and killing thousands, governments and the European Union are focusing much of their economic rescue efforts on containing a boom in joblessness, particularly by helping companies not fire workers.
Trump says he expects Russia, Saudis to cut oil production
President Donald Trump said Thursday that he expects Saudi Arabia and Russia will end an oil war and dramatically cut production.
Orders worth $3 billion cancelled so far: BGMEA
Bangladesh Garment Manufacturers and Exporters Association (BGMEA) on Thursday said buyers have so far cancelled orders worth US$ 3 billion following the outbreak of coronavirus.
About 1,092 factories reported that 943.12 million pieces of RMG products worth US$ 3 billion have either been cancelled or held up until 5pm on Thursday, according to BGMEA sources.
This cancellation will affect approximately 2.16 million Bangladeshi workers, the sources said.
Wall Street tumbles amid deepening coronavirus fears
Wall Street's major averages tumbled on Wednesday amid deepening concerns over the rapid spread of COVID-19 in the country.
Disputed Canada-US oil pipeline work to start in April
A Canadian company said Tuesday it plans to start construction of the disputed Keystone XL oil sands pipeline through the U.S. Midwest in April, after lining up customers and money for a proposal that is bitterly opposed by environmentalists and some American Indian tribes.
Coronavirus: PRAN-RFL group prepares isolation unit in Natore hospital
PRAN-RFL group, a local business corporation, has prepared an isolation unit at the Amjad Khan Chowdhury Memorial Hospital to provide treatment of coronavirus or COVID-19 infected patients in Natore.
Inflation in Europe sags amid outbreak, oil price decline
Inflation in the 19 countries that use the euro currency sagged to 0.7% in March from 1.2% February as the virus outbreak and an oil price war between Saudi Arabia and Russia rippled through the economy.
Global stocks mostly rise amid continuing outbreak worries
Global shares were mostly higher after China reported strong manufacturing data, extending an overnight rally on Wall Street.
China's Huawei says '19 sales up 19% despite U.S. sanctions
Chinese tech giant Huawei said Tuesday its sales of smartphones and other products grew by double digits last year despite U.S. sanctions but warned it now faces a "more complicated" global environment.