-
Kenya's economy faces climate change risks: World Bank
-
Oil slumps after hitting peak, US indices reach new records
-
Venezuela leader hikes minimum wage package by 26%
-
Apple earnings beat forecasts on iPhone 17 demand
-
Bangladesh signs biggest-ever plane deal for 14 Boeings
-
Musk grilled on AI profits at OpenAI trial
-
Venezuela opens arms to world with Miami-Caracas flight
-
US Congress votes to end record government shutdown
-
First direct US-Venezuela flight in years arrives in Caracas
-
Just telling nations to quit fossil fuels 'not realistic': COP31 chief
-
Trump hails 'greatest king' Charles as state visit wraps up
-
Drivers help study road-trip mystery: what became of bug splats?
-
Oil strikes 4-year peak, stocks rise
-
Iran's supreme leader defies US blockade as oil prices soar
-
White House against Anthropic expanding Mythos model access: report
-
Oil crisis fuels calls to speed up clean energy transition
-
European rocket blasts off with Amazon internet satellites
-
Nigerian airlines avert shutdown as Mideast war hikes fuel prices
-
ArcelorMittal boosts sales but profits squeezed
-
German growth beats forecast but energy shock looms
-
Air France-KLM trims 2026 outlook over Middle East war impact
-
Oil surges 7% to top $126 on Trump blockade warning
-
Volkswagen warns of more cost cuts as profits plunge
-
Rolls-Royce confident on profits despite Mideast war disruption
-
French economy records zero growth in first quarter
-
Carmaker Stellantis swings back into profit as sales climb
-
Trump warns Iran blockade could last months, sending oil prices soaring
-
Denmark's Soren Torpegaard Lund to 'stay true' at Eurovision
-
Mamdani calls on King Charles to return Koh-i-Noor diamond
-
Key points from the first global talks on phasing out fossil fuels
-
Cuban boy's sporting dreams on hold as surgery backlog grows
-
Bali drowning in trash after landfill closed
-
ECB set to hold rates despite Iran war energy shock
-
Samsung Electronics posts record quarterly profit on AI boom
-
OMP Ranked in Highest Two Across All Four Use Cases in the 2026 Gartner(R) Critical Capabilities for Supply Chain Planning Solutions: Process Industries
-
Meta chief Zuckerberg doubles down on AI spending
-
Google-parent Alphabet soars as Meta stumbles over AI costs
-
Brazil lowers benchmark rate to 14.5% in second consecutive cut
-
Google-parent Alphabet soars as rivals stumble over AI costs
-
Anti-Bezos campaign urges Met Gala boycott in New York
-
African oil producers defend need to drill at fossil fuel exit talks
-
'Gritty' Philadelphia pitches itself as low-cost US World Cup choice
-
'I literally was a fool': Musk grilled in OpenAI trial
-
OpenAI facing 'waves' of US lawsuits over Canada mass shooting
-
Ticket price hikes not affecting summer air travel demand: IATA
-
Uber adds hotel booking in push to become 'everything app'
-
Oil spikes while stocks slip ahead of US Fed rate decision
-
Canada holds key rate steady, says will act if war inflation persists
-
Trump warns Iran better 'get smart soon' and accept nuclear deal
-
US Fed chief's plans in focus as central bank set to hold rates steady
Bangladesh signs biggest-ever plane deal for 14 Boeings
Bangladesh on Thursday signed a deal with US aircraft manufacturer Boeing to buy 14 planes for its national carrier Biman Bangladesh Airlines, the two sides announced -- the airline's biggest-ever order, in a deal valued at $3.7 billion.
Dhaka's state-run BSS news agency called it the "biggest modern fleet expansion" for the national airline, under an agreement hammered out last year as part of a tariff deal with the United States.
The deal calls for the delivery over the next decade of eight 787-10 Dreamliners, two 787-9 Dreamliners and four single-aisle 737-8 MAX jets, the company's "largest-ever order", the two sides said in a joint statement.
The 787-10s will be used to serve destinations in the Middle East, while the 787-9s will be used for long-haul flights to Europe and North America.
"The new fuel-efficient, technologically advanced aircraft will modernise Biman's fleet, sharpen operational performance, and extend its international route network," Biman CEO Kaizer Sohel Ahmed was quoted as saying.
The contract was signed at a formal ceremony in Dhaka.
Bangladesh has a reported 19 aircraft in its current fleet, an estimated 14 of them from Boeing.
Biman currently serves 22 international destinations from Dhaka, with its longest flight linking the Bangladeshi capital to Toronto via Istanbul.
The purchase was agreed in August 2025 by the caretaker government which ran the South Asian nation of 170 million people after a 2024 revolution, until a new government was elected in February.
Bangladesh, the world's second-biggest garment manufacturer, struck a trade deal with the United States to scale back President Donald Trump's punishing tariffs.
The United States represents 20 percent of Bangladesh's ready-made garments exports.
Dhaka proposed buying Boeing planes and boosting imports of US wheat, cotton and oil to help narrow its trade deficit, which Trump used as justification for imposing painful levies.
But an initial proposed 25 aircraft was slashed to 14.
The deal sparked frustration in Europe, which had been in discussion to sell Airbus planes to Bangladesh.
Trump threatened Bangladesh with 37 percent tariffs, more than double the then 16 percent on cotton products. That was scaled back to 20 percent after the deal.
Textile and garment production accounts for about 80 percent of exports in Bangladesh and the industry has been rebuilding after the deadly 2024 unrest that toppled the government.
O.Ignatyev--CPN