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Oil drops below $70 after Saudi cut

Brent crude fell close to $69 a barrel on Friday, putting it on track for a second weekly decline, as cuts to official selling prices from Saudi Arabia reverberated across the market. Some analysts said the Saudi cuts to monthly ...

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European markets wait for Draghi

European markets are treading cautiously ahead of eurozone central bank decisions due later today on interest rates and the need for fresh stimulus for the region’s economy. The ECB rate decisions, at 12.45pm London time, are followed by its president ...

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Non-leather footwear: new export hope

Bangladesh is emerging as a leading supplier of non-leather footwear for low prices and good quality, according to industry people. The country is now supplying sports shoes, sandals, flip-flops and boots to a number of leading global retailers including H&M, ...

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Stocks post strong rally

The market continued to trade at green zone throughout the day and closed above the psychological level of 5000-mark with strong footing Stocks posted strong rally yesterday, with the benchmark index crossing 5000-mark after a week. The market opened on ...

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