The government is going to appoint park developer to start soon construction of a part of the much awaited multi-million dollar Kaliakoir Hi-Tech Park (KHTP) which is expected to be the lifeline of country's IT sector, officials said. They said an agreement will be signed between Bangladesh Hi-Tech…

Google said on Thursday that its self-driving prototype cars have taken to streets in the Silicon Valley city of Mountain View where it has its headquarters,…

Banking giant HSBC has ended its five-year sponsorship of a closely watched series of business activity surveys, financial research group Markit, which…

The import showed moderate rise during the past 11 months of the outgoing 2014-15 financial year (FY15), according to Bangladesh Bank (BB) data, released Thursday, reports BSS. The data showed that the value of the Letters of Credit (LC) settled during July-May of FY15, was $35.17 billion, which was…

AFP, BRUSSELS: The leaders of France and Germany yesterday handed Greek Prime Minister Alexis Tsipras a weekend ultimatum to strike a debt deal with EU-IMF…

AFP, WASHINGTON: The House of Representatives passed a worker aid bill Thursday tethered to President Barack Obama’s trade agenda, handing him another victory in his effort to conclude a massive Pacific trade pact. The Trade Adjustment Assistance bill made its way to the president’s desk…

AFP, SYDNEY: Australian carrier Qantas said yesterday it would review its Jetstar Hong Kong business after the budget carrier’s bid to operate out of the southern Chinese city was rejected. With the Asian aviation market seen as the fastest growing in the world, Qantas has been keen to build the…

AFP, BEIJING: Nearly $3 billion generated from China’s state lotteries—a quarter of the funds they raised in recent years—have been “misappropriated” through embezzlement and other abuses such as buying cars, state-run media said yesterday. A total of 16.9 billion yuan…

AFP, NEW YORK: Molycorp, the sole US miner and producer of rare earth elements crucial in high-tech manufacturing, filed for bankruptcy protection on Thursday as it struggles with a mountain of debt. Hit by falling prices for its minerals after China, the world’s largest rare earths producer,…

AFP, SYDNEY:  Sixty-five extremely rare pink and red diamonds were unveiled yesterday by mining giant Rio Tinto which expects the stones from a remote…