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S Korea to ban 20,000 BMWs after fires By BBC | Last Updated: 15th August, 2018, 14:52

The ban will apply to cars which have not yet been sent to BMW for safety checks under a voluntary recall

South Korea to ban some BMW vehicles over engine fires

Feed industry decries decision of mandatory jute packaging Feed industry decries decision of mandatory jute packaging

The feed makers in a press statement claims that using jute bags for packaging would decrease the quality of the products


Turkey to boycott US electronic goods over sanctions Turkey to boycott US electronic goods

President Erdogan says Turkey is taking measures to stabilise the economy, and should not "give in to the enemy" by investing in foreign currencies


Lax monitoring blamed for onion price hike ahead of Eid Lax monitoring blamed for onion price hike ahead of Eid

The Indian onion is being sold in local markets at Tk 35 per kilogram while the local variety is being sold at Tk 55 to Tk 60 a kg


South Korea bans driving BMWs under recall due to fires S Korea bans driving BMWs under recall due to fires

Drivers cannot use the cars except for taking them to safety checks


Turkey tries to calm markets as lira hit again Turkey tries to calm markets as lira hit again

The already embattled Turkish lira tumbled some 16 percent against the dollar on Friday


Aarong launches “Buy to Fly” Campaign Aarong launches “Buy to Fly” Campaign

Customers will get promo codes upon the purchases of BDT 5000, BDT 15,000 and BDT 20,000 or above at any Aarong or Taaga outlet and will enjoy instant


M&S in new phase of store closures M&S in new phase of store closures

Seven more of the retailer's clothing shops will be shutting their doors for the last time on Saturday


UK economy picks up after winter freeze UK economy picks up after winter freeze

Surveys suggest that Brexit is weighing on confidence


Ryanair strike: One in six flights cancelled in pilot walkout Ryanair cancels flights as pilots walk out

The Irish airline, Europe's largest low-cost carrier, averted widespread strikes before Christmas


China exports accelerated in July despite rise in US tariffs China exports accelerated despite tariffs rise in US

Shipments to the United States climbed 13.3 percent from a year earlier, to $41.5 billion, after a roughly similar rise in June, customs data show


King Brand Cement to be used in 8th Friendship Bridge King Brand Cement to be used in 8th Friendship Bridge

The BG chairman says King Brand Cement is very popular and has been used in various mega construction projects, including Rupsa Bridge


China to hit US with tariffs on US imports worth $16bn China hits back at US with new tariffs

The Chinese counter-move will take effect immediately after the US imposes tariffs on the same amount of Chinese goods on 23 August


China's July exports accelerate despite hike in US tariffs China's July exports accelerate despite hike in US tariffs

Imports surged 27.3 percent to $187.5 billion, outpacing the previous month's 14.1 percent


Anti-tobacco campaigner opposes Japan Tobacco’s entry into Bangladesh market Anti-tobacco campaigner opposes Japan Tobacco’s entry

The organization claims that this move will eventually put the public health of the country into a larger risk


Japan Tobacco acquires Akij Tobacco Japan Tobacco acquires Akij Tobacco

The deal is one of the biggest cross-border merger and acquisition transactions involving a Bangladeshi company


HSBC 1st half pre-tax profit up 4.6 pct on strong growth HSBC 1st half pre-tax profit up 4.6 pct on strong growth

The London-based bank's $10.7 billion pre-tax profit in January-June compared with $10.2 billion a year earlier


Trump says tariffs ‘working far better’ than anticipated Trump says tariffs ‘working far better’ than anticipated

The growing friction with China has raised concerns in both countries


China plans tariffs after latest US trade threat China plans tariffs after latest US trade threat

Chinese officials accuse the US of "unilaterally" heightening tensions between the two economic giants.


China's Huawei eyes smartphone summit after passing Apple China's Huawei eyes smartphone summit

Huawei takes second place from Apple in a tightening global smartphone market during the second quarter


Apple is first public company worth $1 trillion Apple's market value hits $1 trillion

The iPhone maker's market value reached the figure in New York on Thursday and its shares closed at a new record high of $207.39


World's biggest copper mine in Chile agrees to strike World's biggest copper mine in Chile agrees to strike

The union is calling for a five percent salary increase and a conflict termination bonus of four percent of dividends received by shareholders


ASEAN asked to brace amid trade feuds, repel protectionism ASEAN asked to brace amid trade feuds, repel protectionism

Southeast Asia's diplomats opened an annual meeting to tackle security concerns, including South China Sea territorial disputes, with host Singapore


Apple boosted by selling more expensive iPhones

Apple boosted by selling pricier iPhones

The firm said it sold 41.3 million iPhones in the three months to the end of June, up just 1% from last year


India's Tata Motors posts surprise loss India's Tata Motors posts surprise loss

Tata Motors recorded a consolidated net loss of 19.02 billion rupees


Uber completes 1bn rides in South Asia Uber completes 1bn rides in South Asia

The billionth trip took place in the city where Uber took its first trip in India, five years ago - Bengaluru


European economic expansion slows amid trade fears European economic expansion slows amid trade fears

The trade disputes seem to be affecting business confidence but that has not yet fed through to strongly dampen actual economic activity


Despite Trump rebuke, US Fed to continue steady course Despite Trump rebuke, US Fed to continue steady course

This plan of action has not gone over well at the White House


Twitter shares have closed down more than 20% 



Twitter share value plunges by 20%

User numbers fell to 335 million in the second quarter of the year, down one million from the previous three months


Germany thwarts China by taking stake in 50Hertz power firm Germany thwarts China by taking stake in 50Hertz power firm

Current legislation allows the German government to block an investment from a non-EU country


Facebook shares close 19% lower after growth warning Facebook share drop wipes off $120bn

The firm's shares closed nearly 19% lower, wiping more than $120bn (£92bn) off Facebook's market value


Facebook shares slump 20% after growth warning Facebook shares slump 20% after growth warning

The firm's shares opened down nearly 20%, a drop that wiped more than $100bn (£76bn) off Facebook's market value


Strategy 2030 launched to respond to changing needs of Asia, Pacific Strategy 2030 launched to respond to changing needs of Asia, Pacific

The Asian Development Bank’s (ADB) Board of Directors has approved a new long-term corporate strategy - Strategy 2030


Facebook's shares tumble as growth disappoints Facebook's shares tumble as growth disappoints

The firm, which is facing backlash for its handling of fake news and privacy, said it had 2.23 billion monthly active users at the end of June


US to give farmers $12bn trade war bailout US to give farmers $12bn trade war bailout

The aid is intended to protect the industry as countries raise taxes on US products such as soybeans in response to the president's new tariffs


India's Modi arrives in Uganda in trip focusing on trade India's Modi arrives in Uganda in trip focusing on trade

Modi first stopped in Rwanda, where he signed a number of bilateral agreements and visited a model farm to which he donated 200 cows


Turkish central bank move raises questions over independence Turkish central bank move raises questions over independence

The central bank says that it decided to keep its one-week repo rate at 17.75 percent


New York tabloid axes half of its staff New York tabloid axes half of its staff

The New York Daily News has started in 1919 and has won 11 Pulitzer Prizes, one of them last year


Dhaka, Jakarta in talks to sign preferential trade deal Dhaka, Jakarta in talks to sign preferential trade deal

The DCCI president urges the Indonesian Ambassador to take initiative to start direct air flight between Dhaka and Jakarta to boost bilateral trade


Fiat limits its losses after visionary boss departs Fiat limits its losses after visionary boss departs

The losses came after Marchionne stepped down Saturday after 14 years at the helm of Fiat

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