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US firm collapses ringing ‘alarm bells’, says Bank of England chief
The collapse of two US companies could be a sign of wider problems in the financial system and “alarm bells” were ringing, the governor of the Bank of England has said. Andrew Bailey told a House of Lords committee that it was important to take the failure of car parts supplier First Brands and subprime…
Bangladesh secures lower US tariffs and exemptions for clothing goods
In exchange, Bangladesh has agreed to provide “significant preferential market access” to a host of American agricultural and industrial goods. These include opening up its markets to more US chemicals, medical devices, car parts, soy products and meat, said the White House.
