The US Energy Department on Friday issued a plan detailing a government-wide strategy for ramping up production and use of sustainable aviation fuels (SAF).

A total of 211 ships with 4.7 million tonnes of agricultural products on board have left Ukraine so far under a deal brokered by the United Nations and Turkey to unblock Ukrainian sea ports, the Ukrainian infrastructure ministry said on Saturday.

The Reserve Bank of India is set to raise interest rates again next week with a slim majority of economists in a Reuters poll expecting a half-point hike and some others expecting a smaller 35 basis point rise.

The downturn in British businesses steepened this month as they battled soaring costs and faltering demand, according to a survey on Friday that hammered home the rising risk of recession.

From the world’s top short video application TikTok to the biggest fast-fashion app Shein and emerging music-video app StarMaker, a rising number of mobile apps developed by Chinese companies are influencing people’s daily lives across the globe.

Japan intervened in the foreign exchange market on Thursday to buy yen for the first time since 1998, in an attempt to shore up the battered currency after the Bank of Japan stuck with ultra-low interest rates.

India is considering allowing the overseas shipment of some rice cargoes stuck at ports after the world’s biggest exporter of the grain imposed restrictions earlier this month, a government official said on Wednesday on the condition of anonymity.

The government today cut the retail prices of loose palm super oil by Tk 12 a litre and packaged and loose sugar by Tk 6 per kilogramme (kg).

Bangladesh is increasingly becoming a source not only for replica football shirts worn by fans but also kits used in practice by players of the International Federation of Association Football (FIFA) World Cup alongside European clubs. 

Businesses will not be able to use the Indian rupee for trading with India as the Bangladesh Bank has not enlisted the currency for the settlement of bills for exports and imports.

US central bankers opened their two-day policy meeting on Tuesday with another steep interest rate hike seen as a near certainty amid stubbornly high inflation.

The Asian Development Bank on Wednesday cut its 2022 growth forecast for developing Asia, with crippling Covid-19 lockdowns in China, conflict in Ukraine and efforts to combat inflation dragging on the region.

The Indian rupee closed at its lowest level ever against the US currency on Wednesday, tracking the dollar index’s strength as the US Federal Reserve gears up for a hefty rate hike to tame inflation pressures.

Germany nationalised gas importer Uniper on Wednesday and Britain capped the wholesale cost of electricity and gas for businesses, in Europe’s latest moves to keep the lights on and heaters running this winter as the war in Ukraine escalates.

Oil jumped nearly 3 per cent on Wednesday after Russian President Vladimir Putin announced a partial military mobilisation, escalating the war in Ukraine and raising concerns of tighter oil and gas supply.

The  “enormous scale” of Chinese lending to developing nations makes it critical Beijing do more to participate in restructurings to avoid a new international debt crisis, a senior US Treasury official said Tuesday.

India said on Tuesday it had begun talks with Sri Lanka on restructuring its debt and promised to support the crisis-hit neighbour mainly through long-term investments after providing nearly $4 billion of financial aid.

Apple Inc said on Tuesday it will raise prices of apps and in-app purchases on its App Store from next month in all of the euro zone and some countries in Asia and South America.

The distance between India and Bangladesh over waterways will decline by 116 kilometres after the excavation of the old Brahmaputra river, said State Minister for Shipping Khalid Mahmud Chowdhury yesterday. 

Oil prices ticked up on Tuesday as Opec and its allies keep producing less than their quotas, but were headed for a fourth monthly decline ahead of an expected further US interest rate hike which may curb economic growth and fuel demand.