Diplomats from European Union countries will this week discuss making the transport and buildings sectors pay for their CO2 emissions, according to an internal document seen by Reuters.

Mike Bowsher shakes his head in wonder when he hears yet another customer at one of his Buick-GMC dealerships near Atlanta has agreed to pay full sticker price of more than $71,000 for a top-of-the-line GMC Yukon XL Denali SUV that is still being assembled at a General Motors factory.

Canada is pushing on several diplomatic fronts against the US state of Michigan’s efforts to close a cross-border oil pipeline, the second such dispute since Joe Biden became US president in January, complicating the governments’ efforts to work together to lower carbon emissions.

Asian stocks climbed to six-week highs on Monday amid signs the world economic recovery was still well on track, though rising Covid-19 cases in the region weighed on sentiment, pushing oil prices lower.

The Federal Reserve has promised to help restore the US economy to “maximum employment,” and is pointing to the months just before the coronavirus pandemic as the touchstone for what that might mean.

The German government has raised its growth forecast for this year to 3.5 per cent, compared with the 3 per cent growth it was expecting back in January, a source said, adding that the upward revision was justified by a stronger-than-expected fourth quarter.

In China’s commercial hub Shanghai, six big state banks are quietly promoting digital yuan ahead of a May 5 shopping festival, carrying out a political mandate to provide consumers with a payment alternative to Alipay and WeChat Pay.

Bangladesh Bank yesterday cut the interest rate on refinance funds for pre-shipment credit aiming at helping local exporters continue shipping products amid the coronavirus outbreak.

Runner Automobiles is going to buy land to set up its CNG and LPG-run three-wheeler manufacturing plant near its existing factory in Bhaluka, according to a posting on the Dhaka Stock Exchange (DSE) website.

Rahmat Ali, a leading producer and trader of handmade garment items in Sirajganj’s Shahzadpur upazila, made around 2,000 pieces of clothing for Eid-ul-Fitr, the largest sales season of the year.

Banks will have to allocate around Tk 116 crore to carry out corporate social responsibility (CSR) programmes in the form of providing essential goods and medical equipment to the underprivileged affected by the coronavirus pandemic.

Unilever Consumer Care’s sales rose 14 per cent year-on-year to Tk 114 crore in the first quarter of the current year but it could not prevent a 31.8 per cent drop in profits due to an increase in prices of raw materials and duty.

The stockmarket fell today breaking an eight-day gaining streak, as investors went for booking profits.

Home appliance makers and retailers are witnessing better sales than previous year on the back of online shopping, promotional offers and free delivery ahead of Eid-ul-Fitr.

An update to the software powering some billion iPhones around the world kicks in Monday with an enhanced privacy feature critics fear will roil the internet advertising world.

The government has revised down the GDP growth projection to 6.1 per cent for 2020-21, the second revision this fiscal year, reflecting the devastating impacts of the second wave of the coronavirus pandemic on the battered economy.

Reports that the Biden administration will seek to nearly double the capital gains tax hit market sentiment on Friday, distracting investors from positive economic news.

Bangladesh’s textile and garment factories have significantly cut water and energy consumption by adopting low-cost and cleaner production processes and installing new technologies under a programme initiated by the International Finance Corporation (IFC).

India, the world’s third-largest crude consumer and importer, has approached Guyana’s government about a possible long-term deal to buy the South American country’s oil, a Guyanese official said.

The government is putting emphasis on the cultivation of early ripening varieties of paddy to reduce risks of flood damage and ensure an adequate supply of the popular grain, according to Agriculture Minister Muhammad Abdur Razzaque.