Sri Lanka restores fuel subsidy as inflation spikes
5 HOUR(s)
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Global Economy
Visa joins growing alarm over AI-powered risks
5 HOUR(s)
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Global Economy
ADB to give Modern Syntex $50 million for polyester chips project
11 HOUR(s)
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Business
ACI to invest Tk 60 crore in fruit drinks buisness
29 September 2026
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Business
Where will Fed tightening hit hardest in Asia?
29 September 2026
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Global Economy
Oil gains over 2%
29 September 2026
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Global Economy
Global AI trade could revive after recent pullback
29 September 2026
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Global Economy
Oil prices spike after Trump rejects Iran truce offer
28 September 2026
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Business
White House releases list of products US, China could tax less
28 September 2026
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Business
AI challenges fuel trading’s old guard
28 September 2026
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Global Economy
US-Google face off as ad tech antitrust trial comes to close
The trial in a Virginia federal court is Google's second US antitrust case now under way as the US government tries to rein in the power of big tech.
26 November 2024
TotalEnergies pauses funding for Adani Group after bribery charges
French oil major TotalEnergies halted on Monday investments into Adani Group, after the Indian ports-to-power conglomerate was engulfed in a crisis over an alleged multi-million-dollar bribery scheme.
25 November 2024
Petrol industry embraces plastics while navigating energy shift
Amid the inexorable shift toward more electric vehicles, oil and gas producers are looking increasingly to plastics to help keep them afloat, even if that sector faces challenges of its own.
25 November 2024
US plans to reduce Intel's $8.5 billion federal chips grant below $8 billion - New York Times
The change took into account a $3 billion contract Intel had been offered to make chips for the Pentagon, the people told the Times.
25 November 2024
Business seeks details in face of mixed COP29 climate messages
Two weeks of acrimonious negotiations in Azerbaijan's capital Baku resulted in a deal for $300 billion in annual climate finance by 2035
25 November 2024
US SEC issues summons for India's Adani, nephew on bribery allegations
The summons requires an answer within 21 days, according to the filing dated Wednesday in federal court in the Eastern District of New York. The SEC suit seeks unspecified monetary penalties and restrictions on the Adanis from serving as officers of listed companies.
25 November 2024
US development agency 'assessing ramifications' on Adani's Sri Lanka project
The US International Development Finance Corp last November said it would provide $553 million in financing for the port terminal project in Colombo, the capital of Sri Lanka. The project is partly owned by the Adani Group.
25 November 2024
SEC issues summons for Gautam Adani, nephew on bribery allegations
The commission is alleging they were engaged in hundreds of millions of dollars in bribes to help an Adani company while "falsely touting the company’s compliance with antibribery principles and laws in connection with a $750 million bond offering".
24 November 2024
Bitcoin’s $100,000 moment will be a perfect storm
Trump’s team has met with industry executives to discuss creating a White House job focused on cryptocurrency policy.
24 November 2024
Adani CFO says US charges linked to only one business contract
On Wednesday, Gautam Adani, one of the world's richest men, and seven others were indicted for fraud by US prosecutors over their alleged roles in a $265 million scheme to bribe Indian officials to secure power-supply deals.
24 November 2024
Scott Bessent a credible, safe pick for Treasury: experts
Earlier this month on Fox News, Bessent defended the potential use of tariffs as a means to raise revenue for the government
24 November 2024
What forcing Google to sell Chrome could mean
US antitrust lawyers are calling on a judge to force the sale of Google’s Chrome browser to limit the company’s market clout in a move that would shake up the internet giant.
23 November 2024
What forcing Google to sell Chrome could mean
Elon Musk's AI startup could conceivably be a Chrome contender, bankrolled by his riches and having the deal cleared thanks to his close working relationship with incoming president Donald Trump.
23 November 2024
Nvidia CEO says will balance compliance and tech advances under Trump
The US chipmaking giant this week reported record high quarterly revenue on the back of strong AI chip demand, though investors are wary of US-China tensions reheating during a new Trump term.
23 November 2024
Japan approves $140b stimulus
Japan’s minority government signed off Friday on a $140-billion stimulus drive aimed at putting more money in consumers’ pockets after the ruling party’s worst election result in 15 years.
22 November 2024
Bitcoin tops $95,000
Bitcoin hit a record Thursday, topping $95,000 for the first time as it benefits from expectations that president-elect Donald Trump will push through measures to ease regulation of the unit.
21 November 2024
Civil war economy hits Myanmar garment workers
As civil war pounds Myanmar’s economy and drives up prices, garment worker Wai Wai often starts her shift making clothes for international brands on an empty stomach.
21 November 2024
Sri Lanka's president makes U-turn on IMF bailout
The $2.9 billion loan secured early last year required Colombo to sharply raise taxes, remove generous energy subsidies and agree to restructure more than 50 loss-making state enterprises.
21 November 2024
Nvidia crushes earnings expectations on AI chip demand
Nvidia reported quarterly sales of $35.1 billion, some $2 billion more than market expectations.
21 November 2024
Adani plunges in Mumbai on founder's charges as Asian markets retreat
Several listed subsidiaries of the Adani empire collapsed in early trade, with some losing as much as 20 percent
21 November 2024