AFP, BEIJING: China's largest train manufacturer won a billion-dollar deal to supply Chicago with rolling stock, it announced yesterday, as Beijing seeks to create high-tech firms capable of competing for lucrative contracts with foreign giants. CRRC corporation, the result of a 2014 merger between…

The government has decided to identify prospective areas and framework of cooperation with China to make sure the optimum utilisation of marine resources…

The implementation status of the Annual Development Programme (ADP), including that of self financed projects, during the first eight months (July-February) of the current fiscal year (FY16) reached 34 per cent with an overall expenditure of Tk 34,674 crore, reports UNB. The implementation rate is,…

AFP, PARIS:  The oil price may have finally bottomed out after an unprecedented drop over the past 18 months, the International Energy Agency (IEA)…

AFP,  SAN FRANCISCO:  Apple on Thursday sent out invitations to a press event at which it is expected to unveil new iPhone and iPad models. In keeping with its practice, Apple revealed little about the event other than it will take place on March 21 at the company's campus in the Silicon…

AFP, BEIJING:  One of China's largest steelmakers plans to shed up to 50,000 jobs, its chairman said, as the country struggles to reduce overcapacity…

AFP, BERLIN:   Consumer prices stagnated in Germany in February, official data showed Friday, with plunging energy prices dragging inflation down. Germany's national inflation yardstick, the consumer price index, stood at zero percent in February compared to 0.5 percent in January, the…