Edward Johnson 
Bangladesh is currently hogging headlines everywhere for all the wrong reasons. Its long-time leader Sheikh Hasina has just been overthrown, causing her to flee the country. The nation is not new to such violent political events. It has seen it all — assassinations, army rule, copious political bloodletting — at various points in its short … Read more
Domino’s Pizza Group has become the latest fast-food company to promise cheaper prices through more promotions, saying it would pass on falling costs in coming months through more local deals. The chain made the announcement as it downgraded its full-year profit outlook after lacklustre orders in the first half of the year, despite receiving a … Read more
(KTLA) — Babies R Us, which closed its brick and mortar locations in 2018 as part of the Toys R Us bankruptcy, is reopening as minishops inside Kohl’s locations nationwide. The shops will open in August and continue throughout the fall. Kohl’s hopes to open 200 Babies R Us shops by the holiday season. What … Read more
Shree Cement on Tuesday reported a 51.3% year-on-year (YoY) decline in its consolidated net profit to Rs 278.6 crore for the quarter ended June 30, 2024. The company reported a net profit of Rs 572.3 crore for the corresponding quarter of the last financial year. Meanwhile, the revenue from operations stood at Rs 5,123.9 in … Read more
Fears of a US recession have gripped global markets, triggering a share market rout that prompted investors across Asia, Europe and North America to all unwind their positions – at the same time. The severe plunge has raised questions over whether investors are facing a historic share market crash – similar to the global financial … Read more
Prime Minister Sheikh Hasina resigned on Monday, fleeing the country following widespread violent protests. The unrest, which began as demonstrations against job quotas, escalated into a movement resulting in hundreds of deaths due to security force crackdowns. In a televised statement, Army Chief General Waker-Uz-Zaman announced the formation of an interim government after Hasina’s resignation. … Read more
Thames, Yorkshire and Northumbrian Water will be fined a record £168m between them for a “catalogue of failure” over illegal sewage discharges into rivers and the sea after the industry regulator’s biggest ever investigation. The water regulator for England and Wales, Ofwat, has proposed penalties of £104m for Thames, £47m for Yorkshire and £17m for … Read more
Washington,: The United States on Tuesday recommended its citizens not to travel to Bangladesh, witnessing civil unrest, crime, and terrorism following the resignation and fleeing of former prime minister Sheikh Hasina. Elevating its travel advisory to the highest ‘Level 4: Do Not Travel’ category, the US State Department has also recommended the departure of non-emergency … Read more
Introduction: Nikkei bounces back on turbocharged turnaround Tuesday Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. What a difference a day makes! Some 24 hour ago, the financial markets were in retreat – now, they’re bouncing back. After its biggest crash since 1987 on Monday, Japan’s … Read more
Think of the Cotswolds and you’ll probably conjure up images of chocolate-box villages in honeyed stone surrounded by dreamy patchworks of green fields, possibly farmed by Jeremy Clarkson. The region covers parts of six counties – most is in Gloucestershire and Oxfordshire, but also corners of Warwickshire, Wiltshire, Worcestershire and Somerset – is a postcard-pretty … Read more
