Economy

Coronavirus: Virgin Atlantic finalises £1.2bn rescue deal

Shawdesh desk: Troubled airline Virgin Atlantic has finalised a rescue deal worth £1.2bn that should protect thousands of jobs. Sir Richard Branson’s Virgin Group will inject £200m, with additional funds

German investor confidence ebbs in July from 14-year high

Shawdesh Desk: Confidence among investors in Germany fell back slightly in July, a regular survey published Tuesday showed, as financial players’ euphoric hopes for a coronavirus recovery ebbed. A monthly

Jobless rate in Canada down to 12.3 percent as businesses reopened

Shawdesh Desk: The jobless rate fell to 12.3 percent in June as businesses reopened after the COVID-19 shutdown, according to Statistics Canada Friday. The country’s unemployment rate hit a record

Initiative taken to sell sacrificial animals through online in Khulna

Shawdesh desk: The Livestock Department of the district has taken initiative to sell sacrificial animal through online to help the marginal cattle farmers in different upazilas of the district who

Export-import through Benapole resumes after 3 days

Shawdesh Desk: Export and import activities through Benapole land port resumed on Sunday, after a three-day disruption in the wake of a strike enforced by Bangladeshi traders. The trading organisations

Coronavirus impact on global economy at a glance

Shawdesh desk: COVID-19 continues to devastate lives and livelihoods around the globe. The confirmed deaths from coronavirus cases reached 529,113 and the infection numbers are 11,190,678, globally till now (Saturday

Businesses seek reduced tax burden in FY 21 budget

Shawdesh Desk: Terming the FY 21 budget as a people-friendly one, business leaders said the budget should put more focus to promote trade and business which have been hit hard

Kweichow Moutai: ‘Elite’ alcohol brand is China’s most valuable firm

Shawdesh Desk: A drinks maker has become China’s most valuable publicly-listed company, overtaking the country’s biggest bank. Kweichow Moutai is a luxury spirit favoured by Chinese politicians and businesspeople looking