AFP, PARIS: French electrical equipment maker Schneider Electric said yesterday it has agreed to combine its industrial software activities with British firm Aveva in the third attempt to merge the two companies in as many years. Schneider Electric said in a statement it will take a 60 per cent stake…

Improved trade facilitation – the simplification, modernisation, and harmonisation of export and import processes - can reduce trade costs by up…

AFP, GANDHINAGAR: Air pollution is diminishing India’s capacity to harness power from the sun, experts say, undermining billions being invested in renewables as the energy-hungry giant emerges as a solar superpower. New research has found the smog and dust that sickens millions across India every…

AFP, BISHKEK: Uzbekistan’s currency fell by nearly 50 per cent yesterday after the government scrapped most restrictions on foreign currency operations in an effort to tempt international investors after two decades of isolation. President Shavkat Mirziyoyev, who came to power after Islam Karimov’s…

AFP, HONG KONG:  Asian markets struggled yesterday while the safe-haven yen and gold held gains as traders fretted over North Korea’s nuclear…

AFP, COPENHAGEN: Danish toy maker Lego, known for its iconic coloured plastic bricks, said yesterday that it would cut eight per cent of its global workforce after a drop in sales in the US and Europe. The company recorded a five per cent decline in turnover in the first half of the year to 14.9 billion…

AFP, CARACAS: After decades of being Venezuela’s cash cow, the state oil company PDVSA is a ragged shadow of its former self: overburdened, underfed,…

Dilip Kumar Saha has recently been appointed as the chairman of Bangladesh Atomic Energy Commission (BAEC), says a press release. Prior to the appointment,…

Mohammad Ismail Hossain has been appointed as  managing director of  Bangladesh Krishi bank (BKB)  recently, the company said in a press…

Rajshahi Krishi Unnayan Bank (RAKUB) has appointed Muin Uddin as the managing director of the bank on Monday, the company said in a press release. Prior…

Walton recently announced the start of Walton Service Management System (WSMS), an online based post sales service at its 9 service centers in Dhaka, Chuadanga and Shariatpur, as a pilot project to further ease and modernise its after sales service, the company said in a press statement. Walton …