AFP, BRUSSELS: The head of the European parliament and Canada’s trade minister held last-ditch talks Saturday aimed at salvaging a trade deal threatened…

Canadian plane and train maker Bombardier has announced significant job cuts for the second time this year, shedding another 7,500 posts, reports BBC . About two-thirds of the cuts will be in the rail division, Bombardier Transportation, with the rest in the aerospace division. The move will prompt…

AFP, NEW YORK: Telecom giant AT&T is in advanced talks to acquire entertainment group Time Warner to add in-house content to distribution services,…

Findings from Danish International Development Agency (DANIDA) financed energy efficiency project show that Bangladeshi companies can adopt energy efficiency measures and save 16 per cent of energy consumption, 21 per cent of energy costs and lower their CO2 emissions by 18 per cent. This were revealed…

Dr Khaled F Al Otaibi, deputy minister for Planning and Development of Saudi Arabia, has praised Walton products and invited the company to explore markets in KSA for export opportunity while he was visiting the factory of Walton at Chandra of Gazipur district on Thursday, says a press release.…

AFP, LONDON: British American Tobacco said Friday it had launched a $47-billion (43-billion-euro) takeover bid for control of rival Reynolds American, as it eyes rapid expansion in US and emerging markets. The deal would create the world’s largest listed tobacco company by net turnover and operating…

AFP, ABUJA: South Africa’s MTN has denied allegations it illegally transferred $13.9 billion from Nigeria with the collaboration of top officials, in the latest scandal to hit the telecoms company in its largest market on the continent. The Johannesburg-based firm is facing a parliamentary probe…

Co-Operative Union Ltd. (Milk Vita), has earned over Tk 18 crore in the past one year, reports BSS.  The Milk Vita collects 1.24 lakh litres of milk daily from dairy farmers across the country, which makes a significant contribution to fulfill demand of milk, this was revealed at a review meeting…

AFP, NEW YORK: McDonald’s shares surged early Friday on unexpectedly strong third-quarter results, with sales in overseas markets compensating for softness in its home market. The fast-food giant pointed to especially strong sales in Britain and Japan, as well as positive results…