Apple’s iPhone 8 and 8 plus have been formally launched in the Bangladesh market with an appeal to buy the sets from authorised sellers to avoid…

The Bank of England believes that up to 75,000 jobs could be lost in financial services following Britain’s departure from the European Union, report BBC. I understand senior figures at the Bank are using the number as a “reasonable scenario”, particularly if there is no specific UK-EU…

Commerce Minister Tofail Ahmed has said the buyers are pressurizing RMG factories by the Accord and Alliance even after meeting their all conditions, reports BSS. “Our RMG factories have now been turned into safe and working friendly following huge investment by the owners, but price of RMG was…

SIBL Board and Bangladesh Bank have approved the new chairman, vice chairman and EC chairman, and Managing Director and CEO of Social Islami Bank Limited…

AFP, LONDON: British energy major BP yesterday logged a modest increase in third-quarter net profit, energised by a recovery in the global price of oil. BP said in a statement that bottom-line net profit rose by nine per cent to $1.769 billion (1.521 billion euros) in the three months to September.…

AFP, TOKYO: Japan’s central bank cut its annual inflation forecast yesterday but kept its ultra-loose monetary policy unchanged, even though overseas counterparts have started turning off the stimulus taps. The Bank of Japan also maintained its 2.0-per cent inflation target—seen as crucial…

Stocks saw upward trend yesterday as major indices of both Dhaka and Chittagong Stock Exchanges rose with higher activities of some large-cap securities, reports BSS. The rising major sectors were pharmaceutical and chemical, food and allied, IT, textile and fuel and power. A total of 159 large cap…

AFP, SEOUL: Samsung Electronics logged a record profit of $10.0 billion for the third quarter and announced a sweeping reshuffle of its top management yesterday, seeking to maintain its lead while its heir is in prison. The world’s biggest memory chip and smartphone maker has faced multiple challenges…