World-Business
Romanian National Day celebrated
A reception was hosted at the Baridhara residence of Enayetullah Khan, Honorary Consul of Romania in Bangladesh and Editor-in-Chief of UNB and Dhaka Courier, on Wednesday, marking the Romanian National Day.
Saudi Aramco reaches $2 trillion value in day 2 of trading
Shares in Saudi Aramco gained on the second day of trading Thurday, propelling the oil and gas company to a more than a $2 trillion valuation, where it holds the title of the world's most valuable listed company.
US stocks open mixed on reports Trump might delay tariffs
Stocks are opening mixed on Wall Street following news reports that US President Donald Trump might delay a tariff hike on Chinese goods set to go into effect this weekend. The 16-month-old fight over Beijing's technology ambitions and trade surplus has disrupted global commerce and threatens to depress economic growth. Markets also are watching US and European interest rate decisions and Britain's parliamentary elections. The S&P 500 edged up 4 points, or 0.1%, to 3,136. The Dow Jones Industrial Average slipped 25 points to 27,857. The Nasdaq rose 9 points, or 0.1%, to 8,626. Bond yields held steady.
UK authorities give Amazon 5 days for new Deliveroo plan
British authorities are asking Amazon to address concerns that its plan to buy a stake in food delivery platform Deliveroo could damage competition between businesses that do takeaways and those that deliver groceries.
Saudi Aramco starts trading after record $25.6 billion IPO
Saudi Arabia's oil company Aramco is now listed and has started trading on the Saudi Tadawul stock exchange on Wednesday for the first time after a mammoth $25.6 billion initial public offering that set the record as the biggest ever in history.
U.S. dollar declines against euro amid upbeat German data
The U.S. dollar declined against the euro on Tuesday after upbeat German economic data boosted the common currency.
Upbeat prospect for Malaysia's palm oil prices next year
Analysts remain upbeat on palm oil prices next year after Malaysia's palm oil inventory fell to a three-month low in November and exports to China remained steady.
Chevron will write down assets by at least $10 billion
Chevron Corp. said Tuesday it will book a charge of at least $10 billion because lower long-term prices for oil and natural gas will reduce the value of its assets.
Japanese regulators recommend $22 million fine on Nissan
Japanese securities regulators are recommending that automaker Nissan be fined 2.4 billion yen ($22 million) over the under-reporting of compensation of its former chairman, Carlos Ghosn.
China's auto sales sink 5.4% in November
China's auto sales sank 5.4% in November from a year ago, putting the industry's biggest global market on track to shrink for a second year, an industry group reported Tuesday.