Saturday, November 8, 2008

International Business News

Huge China cotton unsold
Afp, Beijing
Half of the autumn cotton harvest in northwest China's Xinjiang region remains unsold as demand from textile and garment makers has weakened amid the global slowdown, state media said Thursday.


BRAC Bank gets new DMD
Star Business Desk
Syed Mahbubur Rahman, who served Prime Bank as deputy managing director, joined BRAC Bank taking over the same position recently, said a press release.


Shopping
Footloose in Motijheel
Sarwar A Chowdhury
Tuesday, 5.30pm.


Analysis
Obama to chart new economic path
Afp, Washington
With the US economy mired in its worst crisis in decades, president-elect Barack Obama is likely to chart a new direction away from the unbridled capitalism of recent years but faces a challenge in restoring confidence, analysts say.


DSE turnover plunges below Tk 2b mark
Unb, Dhaka
Turnover on Dhaka Stock Exchange (DSE) plunged below the Tk 2.0 billion mark yesterday, touching the lowest in the last two and a half months

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