China firms go 'underground' on Russia payments as banks pull back

The US has imposed an array of sanctions on Russia and Russian entities since the country invaded Ukraine in 2022.
29 April 2024, 04:52 AM

Walton launches solar solution for 30 solar products

The products belong to five categories
28 April 2024, 16:02 PM

Banks asked to increase forex inflow

Bangladesh Bank today sat with five leading private commercial banks
28 April 2024, 15:06 PM

29 companies honoured with green factory awards

The Department of Inspection for Factories and Establishments gave the awards
28 April 2024, 14:17 PM

National Bank continues incurring losses

It made a loss of Tk 1,497 crore in 2023, down from Tk 3,285 crore in 2022
28 April 2024, 13:24 PM

US Fed's favored inflation measure accelerates, dimming rate cut hopes

The PCE price index rose at an annual rate of 2.7 percent in March, up 0.2 percentage points from a month earlier
27 April 2024, 09:39 AM

EU toughens safety rules for online retailer Shein

The company joins Facebook, TikTok, X, YouTube and others on a list of "very large online platforms" which have more than 45 million monthly active users in the European Union
27 April 2024, 06:47 AM

Airbus net profit soars 28% in first quarter

Airbus' net income in the first three months rose to 595 million euros ($637 million) while revenue grew nine percent to 12.8 billion euros
27 April 2024, 06:35 AM

Microsoft, Google earnings shine as AI drives revenue

Alphabet reported profit of $23.7 billion on revenue of $80.5 billion, Microsoft's revenue was $61.9 billion, with net profit up by 20 percent to $21.9 billion
27 April 2024, 05:57 AM

Meta profits soar but costs of AI cause worry

The rise in sales and profit continued Meta's rebound of 2023, which came thanks to drastic cost-cutting, including massive layoffs
25 April 2024, 08:16 AM

Heidelberg Bangladesh’s sales drop, but profit rises

The company gives credit to fall in administration, distribution costs and selling expenses
24 April 2024, 15:01 PM

Beijing powers up into car wars battleground

The Chinese market alone is crucial: it’s the world’s biggest with sales of 22 million vehicles last year, according to the China Passenger Car Association
24 April 2024, 11:14 AM

Tesla profits tumble but shares rise on new vehicle plan

Tesla reported a big drop in quarterly profits Tuesday amid an increasingly cutthroat electric vehicle market
24 April 2024, 06:34 AM
23 April 2024, 15:41 PM

Chinese SBS Zipper to invest $20 million in Bepza economic zone

The company will produce annually 271 million pieces of zipper and accessories
23 April 2024, 14:06 PM

FBCCI to establish joint business council with Qatar Chamber

The council will strengthen economic ties and cooperation
23 April 2024, 12:58 PM

Depositors’ money in merged banks will remain completely safe: BB

Accountholders of merged banks will be able to maintain their respective accounts as before
23 April 2024, 12:14 PM

India's sugar demand surges in heat wave and election season

Consumption of cold drinks and ice cream, and as a result demand for sugar, rises in India during the summer months roughly from mid-March to mid-June
23 April 2024, 09:13 AM

Apple's Q1 phone sales in China fall 19.1%, Huawei's up 70%

Apple's China smartphone market share fell to 15.7 percent in the fist three months of the year from 19.7 percent in the first quarter of 2023
23 April 2024, 08:48 AM

Tesla earnings a 'moment of truth' for Musk after stumbles

The electric car maker, which enjoyed scorching growth for most of 2022 and 2023, has experienced setbacks that analysts say have raised the stakes for the first-quarter report
23 April 2024, 07:48 AM