Loading...
The Financial Express

Search results for: EC

OneWeb launches 36 satellites from Russia to extend internet orbit

OneWeb launches 36 satellites from Russia to extend internet orbit

Reuters 2021-03-26 14:12:01

OneWeb launched 36 satellites into orbit from a cosmodrome in the far east of Russia on Thursday as part of the satellite firm’s plans to deliver global high-speed internet access. The launch,...

NFT artwork by humanoid robot sells at auction for nearly $700,000

NFT artwork by humanoid robot sells at auction for nearly $700,000

-- 2021-03-26 14:02:19

A digital artwork by humanoid robot Sophia was sold at auction on Thursday for $688,888 in the form of a Non-Fungible Token (NFT), the latest sign of a frenzy in the NFT art world. NFTs, a digital si...

Bangladesh, India likely to sign four MoUs

Bangladesh, India likely to sign four MoUs

Mir Mostafizur Rahaman 2021-03-26 08:28:46

Bangladesh and India are likely to sign four memorandums of understanding (MoUs) during the visit of Indian Prime Minister (PM) Narendra Modi, who is scheduled to arrive in Dhaka today (Friday). Th...

UN TIR could be model for regional vehicular movement to cut cost of trade

UN TIR could be model for regional vehicular movement to cut cost of trade

FE REPORT 2021-03-26 08:19:12

Speakers at a webinar on Thursday said movement of vehicles within the BBIN region under a system like that of the UN TIR would help significantly reduce the cost of trade and benefit all the member...

India antitrust watchdog orders probe into WhatsApp policy

India antitrust watchdog orders probe into WhatsApp policy

Reuters 2021-03-25 13:07:57

India’s competition watchdog on Wednesday ordered a probe into a WhatsApp privacy policy update, saying the Facebook-owned messaging service had breached antitrust laws. The update announced in...

Chinese hackers used Facebook to target Uighurs abroad: Company

Chinese hackers used Facebook to target Uighurs abroad: Company

-- 2021-03-25 08:55:37

Facebook Inc said on Wednesday it had blocked a group of hackers in China who used the platform to target Uighurs living abroad with links to malware that would infect their devices and enable surveil...

Bangladesh Bank again extends loan repayment relaxation

Bangladesh Bank again extends loan repayment relaxation

Siddique Islam 2021-03-25 08:22:50

The central bank on Wednesday extended again the policy relaxation involving loan repayments to the country's scheduled banks by their borrowers. The borrowers would get three more months' time to...

Private entities not to get loan from forex reserve, Finance minister says

Private entities not to get loan from forex reserve, Finance minister says

-- 2021-03-24 19:36:03

Finance Minister AHM Mustafa Kamal has said that the government has not taken any decision so far to provide loans for the private sector from the country’s foreign currency reserve. “So...

Musk confident SpaceX to land Starship rockets on Mars well before 2030

Musk confident SpaceX to land Starship rockets on Mars well before 2030

Reuters 2021-03-24 11:11:52

Elon Musk’s SpaceX will be landing its Starship rockets on Mars well before 2030, the billionaire entrepreneur said in a tweet on Tuesday. The private space company had raised about $850 millio...

Serena Williams-backed SPAC to take printing firm Velo3D public at $1.6b valuation

Serena Williams-backed SPAC to take printing firm Velo3D public at $1.6b valuation

Reuters 2021-03-24 10:51:08

Velo3D Inc will merge with a blank-check company backed by tennis star Serena Williams, in a deal that takes the 3D printing technology venture public at a combined value of $1.6 billion, the companie...

Angst grips Bangladesh businesses as Covid-19 cases surge

Angst grips Bangladesh businesses as Covid-19 cases surge

Jubair Hasan and Yasir Wardad 2021-03-24 09:50:31

Businesses are now deeply worried that resurgence of the Covid-19 might unsettle the recovery they have been making in recent months following a notable improvement in both infection and fatality rate...

Tesla's in-car cameras raise privacy concerns

Tesla's in-car cameras raise privacy concerns

REUTERS 2021-03-24 08:06:31

Tesla Inc’s use of in-car cameras to record and transmit video footage of passengers to develop self-driving technology raises privacy concerns, influential US magazine Consumer Reports said on...

Ascend Technologies expands operations in Bangladesh

Ascend Technologies expands operations in Bangladesh

Ariyana A Khan   2021-03-23 21:42:26

Ascend Technologies, a US-based IT company, headquartered in Silicon Valley, California, founded by Bangladeshi- American entrepreneur Kawser Jamal in 2003, has embarked on an expansion phase in Bangl...

Reporters without Borders sues Facebook over hate speech

Reporters without Borders sues Facebook over hate speech

-- 2021-03-23 17:47:20

Reporters Without Borders (RSF) has filed a lawsuit against Facebook in France over hate speech and false information, the global media watchdog said in a statement on Tuesday, reports Reuters. RSF...

Japanese Economic Zone expected to start full-swing operation in H1 of 2023

Japanese Economic Zone expected to start full-swing operation in H1 of 2023

-- 2021-03-23 17:26:10

Japanese Economic Zone (EZ) is expected to go on full-swing operation in the first-half of 2023 as all development work of the zone is likely to be completed within June of the same year, reports BSS....

Dhaka-Cox’s Bazar train service likely to boost tourism

Dhaka-Cox’s Bazar train service likely to boost tourism

UNB 2021-03-23 16:26:27

Unveiling a fresh route with the potential of attracting both foreign and domestic tourists, the government is set to launch a Dhaka to Cox’s Bazar train service at the end of next year. The fr...

Japan unveils measures to support pandemic-hit firms

Japan unveils measures to support pandemic-hit firms

-- 2021-03-23 15:14:51

Japan’s government on Tuesday unveiled measures to help midsize and large companies boost capital funds, officials have said, a step aimed at backing mainly restaurants and lodging businesses hi...

Twitter founder Jack Dorsey's first ever tweet sells for $2.9 million

Twitter founder Jack Dorsey's first ever tweet sells for $2.9 million

-- 2021-03-23 13:18:42

Twitter founder Jack Dorsey's first ever tweet has been sold for the equivalent of $2.9m (£2.1m) to a Malaysia-based businessman. The tweet, which said "just setting up my twttr," was first pub...

Digital artwork by humanoid robot Sophia up for auction

Digital artwork by humanoid robot Sophia up for auction

REUTERS 2021-03-23 09:30:36

Robot artist Sophia, whose first artwork goes up for auction on Wednesday, says she draws inspiration for her work from people and is open to future creative partnerships with humans. A digital artwo...

Trump plans social media return with his own platform

Trump plans social media return with his own platform

-- 2021-03-22 10:10:58

Former US President Donald Trump, suspended from Twitter, Facebook, and other social media sites after the Jan. 6 attack on the Capitol, plans to launch his own platform in two to three months, one of...

Bangladesh Bank avoids gold as reserve despite value addition

Bangladesh Bank avoids gold as reserve despite value addition

SIDDIQUE ISLAM 2021-03-21 08:15:54

Bangladesh's investment in the form of gold has gained value by over 37 per cent to reach around US$554 million over the last 10 years. The country's central bank, for the first time on September 0...

US DOJ accuses Google of dragging its feet in antitrust trial

US DOJ accuses Google of dragging its feet in antitrust trial

-- 2021-03-20 13:31:34

The US Department of Justice accused Google of dragging its feet in providing documents in preparation for a trial on allegations that it broke antitrust law while the search and advertising giant sai...

UK urges Bangladesh to address trade barriers

UK urges Bangladesh to address trade barriers

REZAUL KARIM 2021-03-20 09:52:55

The United Kingdom has urged Bangladesh to address the existing trade barriers and other structural problems to help attract more foreign direct investments including those from British companies. "F...

Facebook services suffer global outage

Facebook services suffer global outage

Reuters 2021-03-20 08:51:37

Facebook has fixed a technical issue that caused a global outage of its services after more than a million people reported problems with its photo-sharing app Instagram. The issue had also affected t...

Affordable mechanism for open account exports emphasized

Affordable mechanism for open account exports emphasized

FE REPORT 2021-03-19 11:13:56

President of International Chamber of Commerce Bangladesh (ICCB) Mahbubur Rahman (top, middle) and other distinguished persons at the webinar on "Global Awareness on Open Account Export Transactions a...

Global warming could cut 63 countries' credit ratings by 2030, study warns

Global warming could cut 63 countries' credit ratings by 2030, study warns

Reuters 2021-03-19 09:42:07

A new algorithm-based study by a group of UK universities has predicted that 63 countries – roughly half the number rated by the likes of S&P Global, Moody’s and Fitch - could see thei...

UNCTAD revises global economic growth to 4.7pc for 2021

UNCTAD revises global economic growth to 4.7pc for 2021

Reuters   2021-03-18 17:18:27

The global economy is set to grow by 4.7 per cent this year thanks to a stronger-than-expected recovery in the United States, a report by the UN Conference on Trade and Development (UNCTAD) said on Th...

Bonds can ease pressure on banking sector

Bonds can ease pressure on banking sector

FE Report 2021-03-18 09:17:15

Introduction of different types of bonds can reduce pressure on banking sector by meeting long-term and large-scale financing needs of the next generation businesses, speakers said at a programme on T...

TikTok likely to introduce group chat feature this year

TikTok likely to introduce group chat feature this year

Reuters   2021-03-17 16:58:56

Video-sharing platform TikTok may launch a group messaging feature this year, people with knowledge of the discussions told Reuters, putting the Chinese-owned app in more direct competition with socia...

World Bank approves $200m to help Dhaka support urban poor, migrants

World Bank approves $200m to help Dhaka support urban poor, migrants

-- 2021-03-17 13:09:28

The World Bank has approved 200 million US dollars to help Bangladesh provide support and services to the low-income urban youth impacted by Covid-19 and the involuntary returnee migrant workers in or...