Prime Minister Sheikh Hasina yesterday sought more British investment in Bangladesh, especially economic zones, for mutual benefits of the two countries,…

The Appellate Division of the Supreme Court yesterday granted debt-stricken mobile phone operator Citycell two months more time to payback all of its…

AFP, MOSCOW:  Russia’s flagship carrier Aeroflot said yesterday it had piloted a return to profit after reining in its costs and enjoyed an ascent in passenger numbers among its company airlines. The majority state-controlled company posted a net profit of 2.5 billion rubles (34 million euros,…

AFP, WASHINGTON: US consu-mers spent at a solid pace in July while the key PCE index of inflation slowed, the Commerce Department reported yesterday. Consumer spending rose by 0.3 per cent from June, with the gain underpinned mainly by automobile purchases while spending on non-durable goods and services…

AFP, BEIJING:  China officially launched a new multi-billion dollar jet engine conglomerate with almost 100,000 employees at the weekend, as Beijing…

The startup culture in China requires long working hour from the employees. It is the way of life in China regardless of which industry it is. According…

AFP, SAN FRANCISCO: Corey Weiss may not be adept at body language or social cues, but he knows software. Laser-focus on detail that comes with his place…

The history of the stock market has been one of bubbles and bursts. From the South Sea boom of the early 18th century to the oil crisis of the 1970s, we've seen how rapidly confidence can inflate the market, and how dramatically major shocks can bring it down in periods of overconfidence. We may…

National Board of Revenue (NBR) is developing software to remove audit harassment through identifying tax payer’s documents and files.  Sources…

AFP, DOHA: Qatar’s international airport said yesterday it is to charge passengers an exit tax as the energy-reliant emirate adjusts to falling…

AFP, TOKYO: The dollar added to its gains yesterday after Federal Reserve boss Janet Yellen suggested an interest rate hike this year was still on the table. In a speech Friday at the annual Jackson Hole symposium of central bankers, Yellen said that the case for a US rate hike had “strengthened”,…

AFP, SINGAPORE:  Oil prices tumbled in Asia yesterday on a strong dollar and after key OPEC producers downplayed the prospects of limiting output at a meeting next month. Iranian oil minister Bijan Zanganeh on Friday said his country wanted its share of the crude market to return to levels seen…

AFP, SHANGHAI: China’s biggest carmaker Shanghai Auto Industry Corporation (SAIC) has reported a rise in net profit of more than six per cent in the first half on stronger sales. The firm made 15.06 billion yuan ($2.25 billion) in the first six months of the year, SAIC said in a statement last…

ASUS is bringing 3 brand new notebook models to the Bangladesh market. The 3 models are: ASUS Republic Of Gamer (ROG) G701VO, ASUS VivoBook Max X441/541 and the ASUS Zenbook Flip UX360, says a press release. The ASUS ROG series is the G701VO gaming notebook which comes packed with a high end desktop…

TerraPay, a mobile-first international network, announced, it has completed the acquisition of UK-based Pay2Global Limited, following regulatory approvals.  In an outright purchase, TerraPay has acquired 100 pc of Pay2Global for an undisclosed amount, says a press release. The acquisition helps…