The country received $503.78 million in remittance during the first 12 days of the current month of August, reports UNB. Bangladesh Bank statistics shows that maximum remittance came through private commercial banks as they received $334.09 million while the nine foreign banks $5.51 million. Four state-owned…

AFP, NEW YORK: Wal-Mart Stores reported higher second-quarter earnings and lifted its profit forecast Thursday after notching higher sales in the US. Earnings for the quarter ending July 31 were $3.8 billion, up 8.6 per cent from the year-ago period. Sales were up 0.5 per cent at $120.9 billion. Wal-Mart…

AFP, CHENGDU, China: Claiming to be the world's largest building by floor space, the 1,760,000 square metres of the New Century Global Center are…

AFP, HONG KONG: Asian stock markets were cautious Friday even after gains on Wall Street and as oil entered a bull market. The US and Europe had given…

AFP, BUENOS AIRES: Argentina's Supreme Court on Thursday blocked President Mauricio Macri's move to slash natural gas subsidies, a much-hated policy that has sent customers' bills soaring. The ruling is the hardest blow yet to the business-friendly president's move to eliminate electricity,…

AFP, SYDNEY: Australia will block the sale of its largest electricity network to foreigners, the government said Friday, as two Chinese bids for the grid…

AFP, WASHINGTON: The Federal Reserve expanded its communications strategy Thursday by launching a Facebook page, but there were no fresh hints on the direction of interest rates. The new page—facebook.com/federalreserve—offered a photograph of the French-designed, Fed headquarters in Washington…

AFP, SAN FRANCISCO: Uber said on Thursday it would deploy driverless cars for its ride-sharing services in Pittsburgh this month, pushing the envelope for the use of self-driving technology. Uber said the program would begin with the cars carrying company "co-pilots," engineers and safety…