Cathay Pacific Sees 71% Profit Increase Amid Middle East Travel Disruptions

British energy giant BP announced a significant increase in second-quarter profits, attributing the rise to heightened oil and gas prices due to the Middle East conflict.

Toyota has raised its profit forecasts for the year, crediting the weak yen for helping it navigate global challenges.

SpaceX's revenue jumped 92 percent in the second quarter, driven by AI computing deals and Starlink growth.

Swiss Re, the leading reinsurance company, has announced a significant increase in its net profit for the first half of 2026, but remains cautious about the upcoming hurricane season.

Robi Axiata highlights governance and digital expansion as key to its sustained growth since its 2020 IPO.

Asian stocks edged higher as oil prices continued to decline due to reduced concerns over another military conflict between the United States and Iran.

Commerzbank's net profit nearly doubled in Q2, reaching a record 1.8 billion euros in the first half of the year, as UniCredit's hostile takeover bid intensifies.

Adani Group's airport unit is set to raise $1 billion through selling a minority stake to investors, including Singapore's Temasek and US firm BlackRock.

Oil prices have soared above $100 a barrel following Iran's aggressive actions in the Strait of Hormuz.

Asian and global stocks fell sharply as oil prices surged past $100 per barrel, driven by escalating Middle East hostilities and raising fears of inflation and imminent rate hikes by central banks.

Brent crude oil has crossed the $100 mark for the first time since late July, driven by escalating hostilities between the US and Iran, which is stirring inflation concerns worldwide.

Commerce Minister Khandakar Abdul Muktadir today urged Hong Kong-based Bangladeshi businessmen to invest in Bangladesh and help expand trade ties.

Sammilito Islami Bank PLC has continued paying customers against their withdrawal applications while fund inflows and normal banking transactions remain uninterrupted, according to its Managing Director and Chief Executive Officer Md. Abedur Rahman Sikder.

The Bangladesh Foreign Trade Institute (BFTI) and the Economic Reporters' Forum (ERF) have signed a Memorandum of Understanding (MoU) to strengthen cooperation in trade, economics, research, training, and knowledge sharing.

The government has approved the import of 110,000 tonnes of fertilizers from Belarus, Morocco, and Saudi Arabia to support the agricultural sector.

The Directorate of Audit, Intelligence and Investigation has detected initial VAT evasion by online retailer Alpha e Shop, with an estimated evaded revenue of around Taka two crore.

Brent crude oil has jumped above $100 per barrel, driven by escalating tensions in the Middle East, raising concerns over inflation and economic stability.

A workshop held at the DSE Training Academy explores how the capital market can provide long-term financing for the RMG sector.

The DSE Brokers Association of Bangladesh (DBA) has recommended incorporating provisions for share buyback and merger and acquisition (M&A) by listed companies in the proposed third amendment to the Companies Act, 1994.

The Institute of Chartered Accountants of Bangladesh (ICAB) and the Institute of Cost and Management Accountants of Bangladesh (ICMAB) have signed a Joint Collaboration Framework to strengthen the accounting profession in the country.

China's consumer and producer prices showed a slight increase in August but remained below the government's target, reflecting ongoing economic challenges.

The Jatiya Sangsad has passed the Special Response Battalion (SRB) Bill, 2026, effectively abolishing the Rapid Action Battalion (RAB) and establishing a new Special Response Battalion.

Bangladesh fast bowler Hasan Mahmud has been nominated for the ICC Player of the Month award for August following his outstanding performance against Australia.

Algeria has announced the severing of diplomatic ties with the United Arab Emirates, accusing Abu Dhabi of interference in national and regional affairs.

Yemen's Houthis have taken control of the strategic Red Sea port city of Mokha, a Yemeni military source confirmed.

Bangladesh's U-20 women's hockey team was eliminated from the semifinal race of the U-20 Women’s Junior Asia Cup Hockey after a 2-0 defeat to Japan in a competitive quarterfinal.

Sudan's army successfully shot down drones belonging to the Rapid Support Forces near Khartoum, thwarting their attempt to target areas in northern Omdurman.

South Korea's President Lee Jae Myung has firmly ruled out any possibility of extending his constitutionally-capped single term in office.

Isao Harimoto, a Japanese baseball legend who survived the Hiroshima bombing and achieved 3,085 career hits, has passed away at 86.

The Bangladesh U-17 women's national football team is set to face Jordan in an international friendly match tonight at 8 pm Bangladesh time.

Sjobo, Sweden, once known for its anti-refugee stance, now symbolizes the nation's evolving views on immigration.

Oxfam has accused the International Monetary Fund (IMF) of pushing borrowing countries to make larger austerity cuts, warning that these measures undermine vital public services.

Israeli Prime Minister Benjamin Netanyahu asserts that Iran's Islamic republic is on the verge of collapse during a visit to Israeli troops in southern Syria.

Japan's men's gymnastics team, featuring multiple Olympic and world champions, is grappling with serious injuries ahead of the home Asian Games in Nagoya.

The conflict in Yemen has reignited with the Saudi-led coalition and Houthi rebels exchanging airstrikes, resulting in hundreds of casualties and a deepening humanitarian crisis.

A fire on a ferry near the tourist hotspot of Coron in Palawan has resulted in at least five deaths and 86 people missing.

US President Donald Trump faced a delay on the tarmac as his Qatari-gifted Air Force One encountered an emergency slide deployment.

The IAEA board voted to refer Iran to the UN Security Council for failing to comply with its nuclear obligations.

The UN nuclear watchdog has closed its long-time probe against Syria following cooperation from the country's new authorities.