Khairul Hossain, chairman of Bangladesh Securities and Exchange Commission (BSEC), yesterday expressed his optimism that the next year would usher in…

AFP, NEW YORK: General Electric has reshuffled several energy management and research operations into a new subsidiary called “Current” aimed at new energy technologies, the company announced Wednesday. The new unit, which integrates lighting, solar, energy storage and electrical businesses,…

Stock markets fell for the third session yesterday, giving up the gains of the previous months on a massive sell-off that dragged down major price indices, with even some economic data highlighting higher growth prospect for the year, reports BSS. “In absence of any visible support, market kept…

AFP, PHNOM PEHN: Cambodia yestrday said it will raise the minimum monthly wage for garment workers to $140, an increase of nearly 10 per cent, which fell…

AFP, LIMA: The time is right for governments to introduce taxes on carbon emissions, which would help fight global warming and raise badly needed revenue,…

SWIFT yesterday announced that two more banks--Mutual Trust Bank Limited and Brac Bank Limited--have selected SWIFT to connect to the new Real-Time Gross Settlement (RTGS) system in Bangladesh, an electronic platform for the continuous settlement of high value and multi-currency cash payments between…

A three-day international tourism fair- Sylhet Travel Mart 2015 began at the Rose View hotel in the tourism city yesterday. Exhibitors are offering special discount on air tickets, hotel rooms, tour packages and other products and services during the fair, says a press release. A total of 18 organisations…

Kabir Ahamed has been promoted to the general manager of Janata Bank Limited, says a press release. Ahamed recently joined in Khulna divisional office…

AFP, WASHINGTON: New claims for US unemployment insurance benefits tumbled last week to their lowest level in nearly three months as the jobs market improves, Labor Department data released showed yesterday. Initial jobless claims, a sign of the pace of layoffs, dropped by 13,000 to 263,000 in the week…

AFP, LIMA: The IMF cautioned Wednesday that China faces unprecedented challenges modernizing its economy, carrying risks for the whole world, but a Chinese…

AFP, SAN FRANCISCO: Google laid out a plan Wednesday to make tapping into news on mobile devices faster, keeping eyeballs on stories and people visiting…

AFP, BANGKOK: In a hall filled with psychedelic ice sculptures, there are shrieks of excitement as a toboggan careers down an ice run, its occupants snugly…

AFP, SINGAPORE: South Korea’s Lee family, which controls the formidable Samsung conglomerate, topped an inaugural list of Asia’s 50 richest families published Thursday by Forbes Asia magazine. The family had a net worth of $26.6 billion as of late September, with second- and third-generation…