NEW YORK, Aug 29, 2025 (BSS/AFP) - Industrial giant Caterpillar announced Thursday it was revising its estimate for the economic impact caused by new tariffs upwards, saying they might cost the US company up to $1.8 billion this year. When presenting its second-quarter results early this month, the construction and industrial machine manufacturer estimated the net impact of the duties to be applied from August 7 at between $1.3 billion and $1.5 billion for 2025. But in the weeks since, "several additional clarifications and additional tariffs have been announced" that will impact the company's financial results, it said in a filing with the Securities and Exchange Commission. "Based on the changes" anticipated from August 31 onwards, the company "now expects...
WARSAW, Aug 29, 2025 (BSS/AFP) - Poland will increase its defence spending next year to 4.8 percent of GDP, its finance minister said Thursday --...
GENEVA, Aug 29, 2025 (BSS/AFP) - At least 841 people have been executed in Iran since the start of the year, the UN said Friday,...
PARIS, Aug 29, 2025 (BSS/AFP) - French cognac maker Remy Cointreau lowered the expected hit from US tariffs on Friday after the European Union and...
NEW YORK, Aug 29, 2025 (BSS/AFP) - Two of Wall Street's major indexes closed Thursday at record highs, buoyed by an upward revision to second-quarter...
BRASILIA, Aug 29, 2025 (BSS/AFP) - Brazil is considering retaliatory trade measures against the United States, including tariffs, after President Donald Trump imposed 50-percent levies...
DHAKA, Aug 28, 2025 (BSS) - The Bangladesh Cricket Board (BCB) has taken the initiative to keep the cricketers in cricket throughout the year by...
DHAKA, Aug 28, 2025 (BSS) - Inflow of remittances witnessed a year-on-year growth of 5.9 percent (pc), reaching $2,087 million in the first 27 days...
DAHKA, Aug 28, 2025 (BSS) – A delegation of the Nepal Foreign Trade Association (NFTA), led by its President Shiv Kumar Agarwal and Secretary General...
DHAKA, Aug 28, 2025 (BSS) - Chief Economist of the Bangladesh Bank Dr Akhtar Hossain today said that a rule-based monetary policy must be formulated...
DHAKA, Aug 28, 2025 (BSS) – Bangladesh’s foreign debt repayment reached $446.68 million in the first month (July) of the current fiscal year (FY26). According...
NARAYANGANJ, Aug 28, 2025 (BSS) - Narayanganj City Corporation (NCC) today announced a budget of Taka 775 crore 33 lakh 78 thousand and 158 for...
DHAKA, Aug 28, 2025 (BSS) - Senxin BD Co. Ltd., a Chinese company, will invest $10.81 million to set up a manufacturing unit for various...