Bitcoin and other cryptocurrencies posted sharp losses on Friday, on concern that US President Joe Biden’s plan to raise capital gains taxes will curb investments in digital assets.

Two years is a very short time to judge the shelf life of any company let alone one that is setting new benchmarks in the country.

World stocks rose on Wednesday as Wall Street and Europe bounced back from large drops, while oil prices continued to be weighed down by rising Covid-19 cases in Asia.

As US President Joe Biden escalates his climate change agenda, pressure is growing on the country’s regulators to catch up with Europe and incorporate various risks posed by climate change into their oversight of the financial system.

Asian markets clawed back the week’s losses on Thursday after Wall Street overnight broke a two-day dip that had been sparked by Covid-19 jitters and valuation fears.

LafargeHolcim Bangladesh said yesterday its profit almost doubled in the first quarter of 2021, riding on a staggering 23 per cent growth in sales amid the pandemic.

President Vladimir Putin, whose United Russia party is deeply unpopular ahead of September elections, said Wednesday that the government’s main task was to boost Russians’ falling personal incomes.

The governors of a dozen US states including California, New York, Massachusetts and North Carolina called on President Joe Biden on Wednesday to back ending sales of new gasoline-powered vehicles by 2035, a dramatic shift away from fossil fuels.

Investors yesterday faced prolonged malfunctioning of the DSE mobile app while trying to execute trade, all at a time when the digital mode is enabling the stock market to stay open amidst the ongoing lockdown.

The government yesterday approved a proposal to buy another 33.60 lakh MMBtus of liquefied natural gas (LNG) from the spot market to meet the growing demand for the super-chilled fuel.

Futures pointed to a lower open for Wall Street’s main indexes on Tuesday as investors banked on results from Netflix and other major technology-related companies this week to sustain the positive start to the earnings season.

US Treasury Secretary Janet Yellen announced on Monday the creation of a new climate office to oversee tax and economic policies to support the administration’s efforts to combat climate change.

Canada is expected to channel funds into childcare, wage subsidies and other pandemic recovery measures as the government presents its new budget Monday ahead of possible snap elections.

China will force regional grid firms to buy at least 40 per cent of power from non-fossil fuel sources by 2030 in order to meet the country’s climate targets, according to a new governmentdocument seen by Reuters.

Several US banks have started deploying camera software that can analyze customer preferences, monitor workers and spot people sleeping near ATMs, even as they remain wary about possible backlash over increased surveillance, more than a dozen banking and technology sources told Reuters.

NASA awarded billionaire entrepreneur Elon Musk’s space company SpaceX a $2.9 billion contract to build a spacecraft to bring astronauts to the moon as early as 2024, the agency said on Friday, picking it over Jeff Bezos’ Blue Origin and defense contractor Dynetics Inc.

A group of US electricity companies wrote to President Joe Biden this week saying it will work with his administration and Congress to design a broad set of policies to reach a near-term goal of slashing the sector’s carbon emissions by 2030.

Some European Union governments will miss the April 30 deadline to submit their recovery plans to the European Commission, its Vice President Valdis Dombrovskis said on Friday, but they are still likely to submit the plans within a few weeks afterwards.

For all the insouciance with which markets treated Washington’s latest sanctions on Russia, its move to target Moscow’s main funding avenue - the rouble bond market - has in some ways, crossed the Rubicon, potentially with far-reaching consequences.

Japan’s Nissan Motor will furlough around 800 workers at its production plant in Britain, as output slows there because of a semiconductor shortage, the Nikkei newspaper reported.