Tag: May 2022
US Imposed Sanctions on Russia
The United States has imposed new sanctions on three Russian television stations and executives at Gazprom Bank. The sanctions were imposed on May 8,...
Warhol’s Marilyn Portrait Sold For World Record $195m
The famous 1964 silk-screen picture of Marilyn Monroe by pop artist Andy Warhol has sold for $195 million, making it the most expensive 20th-century...
Tribute to Lyricist KG Mostafa
On May 8, 2022, renowned journalist KG Mostafa, the famed lyricist of several timeless songs from Bengali cinema's golden era, passed away. He died...
Apex Experienced 50% Rise in Profits
According to Apex Footwear's latest quarterly report, profits increased by 50% despite reduced sales between July 2021 and March 2022, owing to lower raw...
Uber Hit With Loss Despite Rider Rebound
Uber's stock fell sharply last week when the firm reported a significant loss in the first three months of 2022, despite a resurgence in...
Zimbabwe Suspended Bank Lending
Zimbabwe's government ordered banks to suspend lending immediately, citing the need to stop speculation against the Zimbabwean dollar as a slew of measures to...
Gucci To Allow Customers to Pay With Cryptocurrencies
Cryptocurrency is another step towards universal acceptance. This time, the Italian luxury fashion brand Gucci said that they will accept the product's price in...
Ex-security Chief John Lee Elected as Hong Kong’s Next Chief Executive
A pro-Beijing Hong Kong committee has chosen an official who led a crackdown on the city's democratic movement as the city's next chief executive....
Bitcoin Price Decreased By 50 Percent Since November Peak
Bitcoin prices have been falling for months. The cost of the virtual currency dropped below 34,000 in the beginning week of May. Coinbase, the...
BRAC Bank Introduced Extra Benefits For Premium Clients
BRAC Bank announced an agreement with Ace Autos, the authorized distributor of China's Great Wall Motor Company's Haval sport utility vehicles (SUVs) in Bangladesh....