AFP, BRUSSELS: The European Commission on Saturday pledged to study a report claiming that Swedish furniture giant Ikea may have underpaid taxes by one billion euros between 2009 and 2014 due to aggressive tax strategies. Research commissioned by the Green/EFA group in the European Parliament claims…

AFP, SHANGHAI: China’s central bank chief has blamed foreign speculators in part for volatility in the yuan and said there is no basis for further depreciation, according to an interview in Caixin magazine. The Chinese economy grew 6.9 per cent in 2015 -- the slowest rate since 1990 -- and capital…

AFP, NEW YORK: Iran remains essentially off limits to US banks, despite the lifting of some US sanctions following the landmark Iranian nuclear deal.…

AFP, LONDON: Movers and shakers from the oil industry descended on London last week and expressed optimism over a sharp rebound in the beleaguered crude…

AFP, TOKYO: Japan’s bid to revive its once-soaring economy is on the ropes as an equity market bloodbath and resurgent yen threaten to knock Prime…

AFP, MUMBAI: Indian Prime Minister Narendra Modi renewed his call Saturday for firms to invest in India and turn it into a global manufacturing hub, painting…

Stock markets were mixed yesterday in quiet trading as investors remained largely reluctant in making fresh investment due to lack of a clear direction. The broader index at Dhaka Stock Exchange (DSE) closed flat in red, but it ended in green at Chittagong Stock Exchange (CSE), reports BSS. DSEX closed…

Entrepreneurs’ Organization (EO), one of the largest peer-to-peer global networks of entrepreneurs officially launches EO Bangladesh chapter on Saturday at Westin Hotel in the capital. State Minister for Power, Energy and Mineral Resources Narsul Hamid was present as the chief guest while president…

AFP, BRUSSELS: The quest to prevent Britain crashing out of the European Union faces its moment of truth this week, with EU chief Donald Tusk touring key capitals in a final push for a deal at a crucial Brussels summit. Many of Prime Minister David Cameron’s demands for reforms ahead of a referendum…

AFP, WASHINGTON: When Lance Macon started his real estate consulting firm, he did not want a traditional office. But he wasn’t going to work out of his home or a coffee shop either. Macon instead signed on with the “coworking” space Cove, where he gets an available desk and conference…

Nolte, a Germany-based kitchen, bedroom and living room solution brand, has started its journey in Bangladesh. HATIL, one of the leading furniture manufacturers…

The first ever Bangladeshi’s trade and investment expo will be held in Thailand from May 30 to June 1. Bangladesh Ambassador to Thailand Saida Muna Tasneem urged the business leaders representing jute, pharmaceuticals, leather, furniture and other sectors to attend the three-day fair, ‘Trade…