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US retail sales rise 0.1% in August, beating estimates

ISTANBUL: US retail sales increased 0.1% to reach $710.8 billion in August, beating market estimates, according to advance figures released on Tuesday by the US Commerce Department.

The estimate was for the figure to show a decline of 0.2%.

The July…

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World Bank pledges $2B to Bangladesh, says Dhaka

DHAKA: The World Bank has pledged to Bangladesh it will mobilize $2 billion in fresh financial assistance to support the transitional government’s reform agenda and improve the country’s health and environment.

‘World Bank can mobilize about $2 billi…

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Ether-Bitcoin ratio dives to lowest in over 3 years

ISTANBUL: The ratio between Ethereum and Bitcoin, the world’s top two cryptocurrencies, plummeted Sunday to its lowest level in more than three years.

The ETH/BTC ratio decreased 2.8% on Sunday and dove below the 0.04 mark for the first time since Ap…

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