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Two Indian origin among 10 business chiefs invited for meeting with Trump

INDIAN origin chief executive officer (CEO) of Reckitt Benckiser (RB) was among those invited to a breakfast meeting between the US president Donald Trump and senior business leaders from Britain and the US.

Another Indian origin Vis Raghavan, the CEO for JP Morgan in Europe, the Middle East, and Africa also participated in the meeting as a US business head on Tuesday (4).


Rakesh Kapoor, the outgoing CEO of the consumer goods company RB and Raghavan were on the list of 10 business heads who attended the meeting at St James’s Palace in London.

Kapoor told Trump, RB planned to invest an additional $200 million between its British and US businesses his year, including a $70m investment in a Michigan production site.

The meeting of five British and five American firms, senior ministers, and officials was held with a focus to boost trade links.

The US president is in Britain for a three-day state visit starting from Monday (3).

The meeting was hosted by Trump and the UK prime minister Theresa May.

The leaders' top priority was a possible bilateral trade agreement to take effect once the UK moves out of the European Union.

The meeting involved top executives from the UK businesses including BAE Systems, Barclays Bank, GSK, the National Grid, and Reckitt Benckiser.

US firms present included Bechtel, Goldman Sachs, JPMorgan, Lockheed Martin, and software firm Splunk.

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Bangladesh orders 25 Boeing aircraft as part of US tariff deal

Highlights
  • Bangladesh orders 25 Boeing wide-body aircraft, first delivery expected in 2029.
  • Biman Bangladesh Airlines evaluating additional offers from Boeing and Airbus.
  • Deal part of broader US trade agreement reducing tariffs from 37 per cent to 20 per cent.


Bangladesh has ordered 25 wide-body aircraft from Boeing as part of a tariff agreement with the United States, a senior commerce ministry official confirmed on Thursday, whilst the country evaluates competing proposals from European manufacturer Airbus.

"We made a commitment and ordered 25 wide-bodies, and we expect to receive the first one in 2029," official Mahbubur Rahman told AFP. "It's part of the tariff deal with the US."

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