India approves $8.81b offshore oil and gas exploration plan
AFP, New Delhi
1 hour(s) ago Global Economy
Apple set to lose $500b after weak forecast
Reuters
1 hour(s) ago Global Economy
Oil prices settle more than 1% higher
Reuters, New York
1 hour(s) ago Global Economy
OpenAI says it has more than 1b active users
AFP, Washington
1 hour(s) ago Global Economy
Oil giants post blowout profits on war
AFP, New York
1 hour(s) ago Global Economy
Dollar continues to gain against taka
Star Business Report
4 hour(s) ago Business
S Alam shuts all factories in Ctg's Karnaphuli
Staff Correspondent, Ctg
4 hour(s) ago Business

In southern Africa, an illusion built on aid heralds hope and hunger

As she walks along a dirt road in central Malawi, Louise Abale carries her precious maize wrapped in a brightly coloured cloth and balanced on her head.
8 February 2016, 18:00 PM

Trans Pacific Partnership trade deal signed in Auckland

The Trans Pacific Partnership, one of the biggest multinational trade deals ever, is signed by ministers from its 12 member nations in New Zealand.
4 February 2016, 15:36 PM

HTC reports third consecutive quarterly loss

Taiwan's struggling smartphone maker HTC on Wednesday reported a third straight quarterly loss for October-December, although losses narrowed due to holiday season demand and the launch of a new phone.
3 February 2016, 18:00 PM

Seven $1 billion-plus drugs seen reaching market in 2016

Drug companies are likely to launch seven "blockbuster" drugs in 2016, each with $1 billion-plus annual sales potential, led by new treatments for liver disease and HIV, according to a Thomson Reuters analysis.
3 February 2016, 18:00 PM

Lenovo posts first revenue fall for 6yrs

Chinese technology giant Lenovo on Wednesday posted its first revenue decline for six years due to slowing growth in the smartphone market and falling PC sales, sending its shares plummeting.
3 February 2016, 18:00 PM

Late arrival: Renault has mountain to climb in China

With China's growth slowing, ruthless competition and virtually no brand recognition, French carmaker Renault is banking on SUVs and a Transformers actress as it confronts an uphill struggle to break into the world's biggest car market.
3 February 2016, 18:00 PM

More Toyota plants to go offline on parts shortage

Toyota said Wednesday that all its domestic parts plants would shut for a full day next week, expanding a production suspension that is set to be its longest since the March 2011 earthquake and tsunami disaster.
3 February 2016, 18:00 PM

Syria's war-pummelled textile industry hangs on for survival

AT a stall in a Beirut exhibition hall, Syrian businesswoman Reem Abu Dahab displays her workshop's lacy pink and white nightgowns, hoping to attract increasingly elusive buyers.
3 February 2016, 18:00 PM

Oil rises after Russia says open to Opec meeting

OIL rose on Wednesday, paring earlier losses after fresh comments from Russia about its openness to talk with Opec over output cuts helped revive hope among investors that the world's largest producers could act to boost prices.
3 February 2016, 18:00 PM

China firm offers record $43b for agri-giant Syngenta

STATE-OWNED China National Chemical Corp. Wednesday offered $43 billion in an agreed takeover for Swiss pesticide and seed giant Syngenta, in what would be by far the biggest-ever overseas acquisition by a Chinese firm.
3 February 2016, 18:00 PM

Vietnamese bankers arrested over fraud 'worth millions'

Police in Vietnam have arrested three senior former bankers and six securities officials over a fraud worth millions of dollars at a partly state-run bank, government media reported Wednesday.
3 February 2016, 18:00 PM

GM to launch first compact sedan in India

General Motors Co (GM) on Wednesday said it plans to build and sell its first compact sedan in India in 2017, entering the country's fastest-growing passenger car segment as part of efforts to double market share by the end of the decade.
3 February 2016, 18:00 PM

Japan megabank profits down as BoJ stimulus threatens bottom line

Japan's biggest banks tumbled in Tokyo share trading Monday as a drop in their latest earnings was compounded by fears that the Bank of Japan's new stimulus measures would hit their bottom line.
1 February 2016, 18:00 PM

China new home prices up in January

China's new home prices increased in January for the sixth straight month, a survey showed Monday, positive news for the key sector following a series of stimulus measures aimed at boosting lending.
1 February 2016, 18:00 PM

Ryanair says Q3 profits more than double

Irish no-frills airline Ryanair said Monday that third-quarter net profit more than doubled on surging passenger numbers, and unveiled an 800-million-euro ($866-million) share buyback programme.
1 February 2016, 18:00 PM

China arrests 21 over $7.6b Ponzi scam

Chinese authorities have arrested 21 people on suspicion of defrauding around 900,000 people of more than 50 billion yuan ($7.6 billion), state media reported, after an online peer-to-peer lender turned out to be a giant Ponzi scheme.
1 February 2016, 18:00 PM

Japan's top steelmaker cuts full-year profit forecast

Nippon Steel & Sumitomo Metal on Monday cut its full-year sales and profit forecast amid a slowdown in China and other overseas markets.
1 February 2016, 18:00 PM

S Korea's exports record biggest drop since 2009

South Korea's exports, the main driver of the national economy, suffered their sharpest drop in more than six years in January, extending what is now a 13-month losing streak.
1 February 2016, 18:00 PM

Asia's factories parched for demand, need stimulus

January updates on Asia's mammoth factory sector released on Monday showed the New Year began much as the old one ended -- with too much capacity chasing too little demand.
1 February 2016, 18:00 PM

Credit Suisse, Barclays to pay $154.3m over 'dark pools'

Barclays and Credit Suisse will pay $154.3 million combined to settle charges that they violated federal securities laws over their so-called "dark pools," the US Securities and Exchange Commission said Sunday.
1 February 2016, 18:00 PM