President of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has suggested the government collecting the value added tax (VAT)…

AFP, LONDON: The Church of England, which has an ethical investment policy, holds shares in Google’s parent group despite criticism of the Internet giant’s tax affairs, the church’s annual report revealed Monday. Alphabet Inc is listed as the most valuable equity holding of the church’s…

The billionaire investor Warren Buffett has revealed that his investment firm has bought a $1bn stake in the technology firm Apple, reports BBC. Berkshire…

AFP SINGAPORE:  Eight budget airlines from Southeast Asia, Japan and Australia said Monday they have formed what they called the world’s largest alliance of low-cost carriers, enabling customers to book connections using a shared platform. The announcement comes at a time of increased popularity…

AFP, SINGAPORE: Brent crude pushed towards $50 a barrel in Asia yesterday, boosted by supply disruptions from the escalating Canadian wildfires and armed…

AFP, SAN FRANCISCO: Twitter plans to let people fire off links or pictures without eating into the 140-character limit set for posts at the one-to-many messaging service, Bloomberg reported on Monday The change could take place by the end of this month, according to a Blomberg report that cited someone…

State Minister for Power, Energy and Mineral Resources Nasrul Hamid yesterday said Digital Bangladesh would be materialised through promoting the young generation's innovative ideas, reports BSS. "Our 50 per cent population is under 25 years, so the country's future would be built by using…

AFP, THESSALONIKI: Greece yesterday launched construction on a 550-kilometre (342-mile) section of the Trans-Adriatic Pipeline, with Prime Minister Alexis Tsipras eager for the 8,000 jobs for the country's crisis-hit economy. Planned to operate from 2019, the Trans-Adriatic Pipeline (TAP) will bring…

The lottery of the initial public offering (IPO) of ACME Laboratories Ltd. for allotment of shares of the company was held at the Institution of Engineers, Bangladesh (IEB) Dhaka on Sunday, says a press release. Afzalur Rahman Sinha, chairman, Mizanur Rahman Sinha, managing director of ACME Laboratories…

AFP, NEW DELHI: India's Prime Minister Narendra Modi will visit Iran this week, seeking to boost trade with the oil-rich country after international sanctions were lifted this year, it was announced Tuesday. Iran was India's second largest supplier of crude oil until 2011/12, when sanctions…

The first-ever international exhibition of Uttara Model Town, dedicated to clothing, fashion and lifestyle products, began at Uttara Ladies Club in the capital yesterday, reports UNB. Over 40 companies from seven countries are participating in the exhibition titled ‘Your Fashion & Lifestyle…

AFP, LONDON: British telecoms giant Vodafone yesterday said it tumbled into a net loss last year, hit by a large tax charge in Luxembourg, restructuring costs and unfavourable currency moves. Losses after taxation stood at £4.02 billion ($5.78 billion, 5.10 billion euros) in the year to the end…

AFP, TOKYO:  The yen edged up yesterday ahead a G7 meeting where currencies will be high on the agenda following Japan’s threat to intervene in forex markets to tame the surging unit. Finance ministers and central bankers from the Group of Seven countries hold a two-day meeting from Thursday…