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Search results for: EC

Russia excluded from 30-country meeting on ransomware, cybercrime

Russia excluded from 30-country meeting on ransomware, cybercrime

-- 2021-10-13 16:06:58

Russia was not invited to attend a 30-country virtual meeting led by the United States that is aimed at combating the growing threat of ransomware and other cybercrime, a senior administration officia...

‘World economy needs to be overhauled to withstand future challenges'

‘World economy needs to be overhauled to withstand future challenges'

-- 2021-10-13 15:50:33

The governance of the world economy needs to be overhauled to ensure it can withstand future health and economic shocks, as well as challenges posed by climate change and the rise of China, advisors t...

Facebook CEO asked to retain documents related to whistleblower

Facebook CEO asked to retain documents related to whistleblower

-- 2021-10-13 10:28:44

Senate Commerce Committee Chair Maria Cantwell on Tuesday called on Facebook Chief Executive Mark Zuckerberg to preserve all documents related to testimony last week from company whistleblower Fr...

EU to investigate Nvidia's $54 bln ARM bid after remedies fall short

EU to investigate Nvidia's $54 bln ARM bid after remedies fall short

-- 2021-10-12 20:36:32

Nvidia's $54 billion bid for British chip designer ARM is expected to face an extended EU antitrust investigation after concessions offered last week failed to address competition concerns, three peop...

Energy crunch stokes inflation, economic recovery concerns

Energy crunch stokes inflation, economic recovery concerns

-- 2021-10-12 20:02:07

Authorities from Beijing to Delhi scrambled to fill a yawning power supply gap on Tuesday, triggering global stock and bond market wobbles on worries that rising energy costs will stoke inflation and...

Japan wholesale inflation hits 13-year high

Japan wholesale inflation hits 13-year high

-- 2021-10-12 11:18:38

Japan's wholesale inflation hit a 13-year high in September as rising global commodity prices and a weak yen pushed up import costs, putting pressure on corporate margins and raising the risk of unwan...

$700 million Korean aid for Bangladesh in next five years

$700 million Korean aid for Bangladesh in next five years

FHM HUMAYAN KABIR 2021-10-12 09:15:04

Dhaka is set to strike an economic-cooperation deal with Seoul today (Tuesday) as the latter will provide some $700-million aid in the next five years. For the first time in its economic ties, South...

Three economists win Nobel economics prize

Three economists win Nobel economics prize

-- 2021-10-11 16:22:02

Three economists— David Card, Joshua Angrist, and Guido Imbens — won the 2021 Nobel economics prize, the Royal Swedish Academy of Sciences said on Monday. The prize, formally known as the...

China has won AI battle with United States, Pentagon's ex-software chief says

China has won AI battle with United States, Pentagon's ex-software chief says

-- 2021-10-11 13:28:34

China has won the artificial intelligence battle with the United States and is heading towards global dominance because of its technological advances, the Pentagon's former software chief told the Fin...

What’s new in Windows 11

What’s new in Windows 11

Md. Zahidur Rabbi 2021-10-11 12:43:14

It's been five years since the last Windows upgrade and Microsoft has come up with the latest one- Windows 11. The new features have been the subject of speculation. As Windows is constantly notifying...

China state media says gaming time limit loopholes should be closed to ‘prevent addiction’

China state media says gaming time limit loopholes should be closed to ‘prevent addiction’

-- 2021-10-11 10:39:00

Chinese state media said loopholes allowing minors to bypass new rules aimed at curbing gaming playtime to three hours per week should be removed to "prevent addiction." China introduced new rules in...

Facebook to try to 'nudge' teens away from harmful content

Facebook to try to 'nudge' teens away from harmful content

-- 2021-10-11 09:44:56

A Facebook Inc executive said Sunday that the company would introduce new measures on its apps to prompt teens away from harmful content, as US lawmakers scrutinise how Facebook and subsidiaries...

'Middle class no longer active in leadership, intellectualism'

'Middle class no longer active in leadership, intellectualism'

FE ONLINE REPORT   2021-10-10 20:06:36

Despite widening of the size of the middle class in the country from economic perspective, their participation in political leadership, intellectualism, and socio-cultural activities has come to the g...

IMF approves fourth tranche of debt relief to 24 low-income countries

IMF approves fourth tranche of debt relief to 24 low-income countries

-- 2021-10-09 18:58:35

The International Monetary Fund has approved a $124 million extension of IMF debt relief to 24 low-income countries through January 10, 2022. The approval of the fourth tranche of debt relief from th...

Economists emphasise regional value chain, connectivity

Economists emphasise regional value chain, connectivity

FE REPORT 2021-10-09 08:44:47

Experts Friday emphasised establishing increased connectivity and regional value chain by resolving high tariff issues among the countries for navigating a changing global economic order stemming from...

Deal reached on global minimum corporate tax

Deal reached on global minimum corporate tax

-- 2021-10-08 22:55:14

A global deal to ensure big companies pay a minimum tax rate of 15 per cent and make it harder for them to avoid taxation has been agreed by 136 nations, the Organisation for Economic Cooperation and...

Data probe violated World Bank staff rules, IMF chief’s lawyer claims

Data probe violated World Bank staff rules, IMF chief’s lawyer claims

-- 2021-10-08 19:23:37

The lawyers, who investigated World Bank data-rigging allegations against IMF Managing Director Kristalina Georgieva, violated World Bank staff rules by failing to notify her that she was a subject of...

Bangladesh to turn into $500b economy

Bangladesh to turn into $500b economy

FE REPORT 2021-10-08 08:38:34

Bangladesh may become a US$500 billion economy with the per-capita income rising to $3,000 by 2025-26 fiscal year on the back of a steady growth, Standard Chartered Bank predicts. The international b...

How to avoid getting scammed while shopping online

How to avoid getting scammed while shopping online

Abriti Ahmed Duity 2021-10-07 18:12:51

Shopping online can be effortless, convenient, and time-saving. Yet, frauds, scams or even hijacks have become frequent occurrences nowadays.  Especially, after the scam of several big e-commerc...

World Bank revises up Bangladesh's growth to 6.4 per cent

World Bank revises up Bangladesh's growth to 6.4 per cent

FE ONLINE REPORT 2021-10-07 12:14:34

The World Bank has forecasted Bangladesh's economic growth at 6.4 pc for the fiscal year 2021-22, which is 1.3 percentage points higher than the earlier projection. In June last, the Washington-based...

How China’s ‘common prosperity’ drive may impact the world

How China’s ‘common prosperity’ drive may impact the world

-- 2021-10-07 10:53:41

China says its policies aimed at narrowing the widening wealth gap are precisely what it needs in this moment of its economic trajectory - but critics say it comes with even greater control of how...

How COVID-19 in Southeast Asia is threatening global supply chains

How COVID-19 in Southeast Asia is threatening global supply chains

-- 2021-10-06 19:03:32

Fresh coronavirus outbreaks in Southeast Asia have hurt factory activity across industries, threatening the region's recovery from the COVID-19 pandemic and disrupting global supplies of goods such as...

BGMEA president says Bangladesh RMG industry growing sustainably

BGMEA president says Bangladesh RMG industry growing sustainably

-- 2021-10-06 18:59:54

Sustainability is one of the core areas of concern for Bangladesh’s RMG industry which is making all-out efforts to achieve environment-friendly growth, BGMEA President Faruque Hassan has said....

IMF trims global growth forecast for 2021 citing 'vaccine divide'

IMF trims global growth forecast for 2021 citing 'vaccine divide'

-- 2021-10-06 12:53:00

The International Monetary Fund expects global economic growth in 2021 to fall slightly below its July forecast of 6 per cent, IMF chief Kristalina Georgieva said on Tuesday, citing risks associated w...

Telegram says over 70 million new users joined during Facebook outage

Telegram says over 70 million new users joined during Facebook outage

-- 2021-10-06 11:16:17

Messaging app Telegram gained over 70 million new users during Monday's Facebook outage, its founder Pavel Durov said on Tuesday, as people worldwide were left without key messaging services for nearl...

Moody's upgrades outlook on India to stable from negative

Moody's upgrades outlook on India to stable from negative

-- 2021-10-06 10:35:40

Ratings agency Moody's Investors Service on Tuesday upgraded its outlook on India to stable from negative, saying downside risks in Asia's third largest economy and its financial institutions have red...

Global tax deal drops ‘at least’ from proposed minimum of 15pc

Global tax deal drops ‘at least’ from proposed minimum of 15pc

-- 2021-10-05 21:48:12

An updated draft of a global corporate tax overhaul has dropped "at least" from a proposed minimum rate of "at least 15 per cent", possibly clearing a major hurdle for Ireland as negotiations enter a...

Trade gap crosses $4.0b in July-Aug

Trade gap crosses $4.0b in July-Aug

FE ONLINE REPORT 2021-10-05 16:58:06

Country’s merchandise trade gap with the rest of the world crossed US$ 4.0 billion in the first two months of the current fiscal year (FY22). Bangladesh Bank statistics showed that trade gap st...

Facebook blames 'faulty configuration change' for global outage

Facebook blames 'faulty configuration change' for global outage

-- 2021-10-05 12:07:24

Facebook blamed a "faulty configuration change" for a nearly six-hour outage on Monday that prevented the company's 3.5 billion users from accessing its social media and messaging services such as Wha...

Facebook, Instagram, WhatsApp restored after nearly six-hour outage

Facebook, Instagram, WhatsApp restored after nearly six-hour outage

-- 2021-10-05 08:56:21

Facebook, Instagram, Messenger and WhatsApp lit up again late on Monday afternoon Eastern time after a nearly six-hour outage that prevented the company's 3.5 billion users from ac...