Around the Globe

Timeframe: 19th March-26th March 2021 Contributors: Sabyasachi Karmaker, Musarrat Sarwar Chowdhury and Mahin Abrar Rahman. 1. Economics & Business Goldman Sachs’ promises junior bankers Saturdays off After complaints of ‘100-Hour’ workweeks by junior analysts, CEO David Solomon of Goldman Sachs is allowing bankers to take off on Saturdays in what has deemed the ‘Saturday rule.’ […]

Timeframe: 12th March-18th March 2021 Contributors: Sabyasachi Karmaker, Musarrat Sarwar Chowdhury and Mahin Abrar Rahman. 1. Economics & Business New York stays top in finance as London loses ground In the latest Global Financial Centres Index (GFCI), New York maintained the top spot, with London clinging on to second position in the face of competition

Timeframe: 5th March-11th March 2021 Contributors: Sabyasachi Karmaker, Musarrat Sarwar Chowdhury and Mahin Abrar Rahman. 1. Economics & Business Warren Buffett joins $100 billion club as his stock soars Warren Buffett has finally joined the exclusive $100bn (£72bn) club at 90. The Berkshire Hathaway Inc. chairman’s wealth jumped on Wednesday (March 10, 2021) to $100.4

Timeframe: 26th February-4th March 2021 Contributors: Oishee Eerada Maudud, Sabyasachi Karamker, Shanjida Hossain, and Shahnila Chowdhury. 1. Economics & Business Chancellor Rishi Sunak warns about tax rises following spending spree Rishi Sunak has warned that a spending spree to support workers and spur investment will precede tax rises in 2021. The UK’s rapid Covid-19 vaccine

Timeframe: 11th-18th February 2021 Contributors: Oishee Eerada Maudud, Sabyasachi Karamker, Shanjida Hossain, Purbasha Prithvi and Farhan Uddin Ahmed. 1. Economics & Business The coronavirus pandemic has incited a boom in the number of startups in the US. In spite of Silicon Valley success stories, the rate at which Americans commence companies had been steadily declining.

Timeframe: 5th-11th February 2021 Contributors: Oishee Eerada Maudud, Sabyasachi Karamker, Shanjida Hossain, Purbasha Prithvi and Farhan Uddin Ahmed. 1. Economics & Business Bitcoin surges after Tesla reveals that it has invested in it On Monday, 8th February 2021, Tesla revealed on its annual report that it bought $1.5 billion of Bitcoin, which sent the cryptocurrency

Timeframe: 29th January-4th February Contributors: Oishee Eerada Maudud, Sabyasachi Karamker, Shanjida Hossain and Farhan Uddin Ahmed. 1. Economics & Business U.S. unemployment rates fall for the third straight week The labor market, however, remains turbulent. The Labor Department reported on 4th February that new claims for unemployment benefits declined last week for the third straight

Timeframe: 22nd-28th January 2021 Contributors: Oishee Eerada Maudud, Sabyasachi Karamker, Shanjida Hossain and Farhan Uddin Ahmed. 1. Economics & Business Google could be leaving Australia because of the new law being introduced The Australian government is introducing a law that would make it compulsory for Google to have commercial agreements with every news organization. In

Timeframe: 15th-21st January 2021 Contributors: Oishee Eerada Maudud, Sabyasachi Karamker, Shanjida Hossain and Farhan Uddin Ahmed. 1. Economics & Business Suriname may be the next big oil source for companies looking to lower their costs International oil executives at Exxon Mobil, Royal Dutch Shell, Total, Apache, to name a few businesses, are gearing up operations