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Baishakh sales take a hit for second year in a row

Pahela Baishakh, the first day of Bangla new year, has once again brought no cheer to clothing and sweets retailers as the coronavirus pandemic has kept a majority of customers at bay for the second year in a row.

Boutiques in a bind

Boutique operators in eight northern districts are worried about their survival as they now fear counting huge losses for the second year in a row due to the ongoing pandemic.

Fed chair says cyberattacks main risk to US economy

Federal Reserve chairman Jerome Powell said he was more worried about the risk of a large-scale cyberattack than another financial crisis like that of 2008. The risks of a 2008-like crisis with a need for government bailouts of banks were “very, very low,” the head of the US central bank said during an interview aired Sunday on CBS’s “60 minutes. “ “The world changes.

After sanctions, Huawei turning to businesses less reliant on high-end US tech

Chinese telecoms equipment maker Huawei Technologies will invest more in businesses that are less reliant on advanced process techniques, it said on Monday, citing US sanctions that have reduced its access to high-end semiconductors.

India tells fertiliser companies not to raise prices

The Indian government has told fertiliser producers they cannot make immediate price increases, a junior minister said on Friday after some companies raised prices this week.

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