The Daily Star

Oil slips as US production rises 2019-01-17 13:00:00Oil prices fell on Thursday as US crude production neared an unprecedented 12 million barrels per day (bpd) amid worries about weakening demand, parti

Credit growth hits 39-month low 2019-01-17 13:00:00Private sector credit growth fell to a 39-month low in December as businesses went on a cautious mode thanks to the mounting uncertainty centring on t

India's e-commerce curbs could hit online sales: PwC 2019-01-17 13:00:00India's new foreign investment restrictions for its e-commerce sector, which includes giants such as Amazon.com Inc and Walmart-owned Flipkart, could

Allocate special zone for plastic products makers 2019-01-17 13:00:00Plastic goods manufacturers yesterday demanded establishment of a special industrial zone so that they can relocate the unplanned plastic factories th

BB moves to curb bad loans 2019-01-17 13:00:00The central bank yesterday rolled out a new credit rating system to rein in spiralling bad loans.

Per capita debt crosses $200 2019-01-17 13:00:00Bangladesh's per capital external debt now stands at $204.85 thanks to the large loans the government has taken from China and Russia for some transf

Impact of 'no-deal' Brexit worries EU businesses 2019-01-17 13:00:00A no-deal Brexit would be disruptive not only for Britain but many businesses in the European Union as the free flow of goods is tripped up by the rei

Ctg customs to sue two firms 2019-01-17 13:00:00The customs house of Chattogram is going to sue two firms—Grambangla Food Corporation and M/S N Islam Enterprise—on charges of money laund

RMG Unrest: No 'innocent' to be sacked 2019-01-17 13:00:00No “innocent” garment worker would be suspended, but those who got involved in criminal activities during the weeklong labour unrest would

VAT cut for internet backward linkages 2019-01-17 13:00:00The National Board of Revenue (NBR) has reduced value-added tax (VAT) on backward linkages of internet service providers to 5 percent from 15 percent.

Political, trade uncertainty undercuts US business optimism: Fed 2019-01-17 13:00:00US economic activity continued to expand at least modestly in recent weeks but political and trade uncertainty is undercutting optimism, the Federal R

Nine shares downgraded to 'Z' category 2019-01-17 13:00:00Nine listed companies were downgraded to “Z” category in 2018 because of their poor performance, which inflicted losses on the retail inve

Christian Science Monitor |

Recession is a risk in 2019. But maybe 2019-01-10 07:30:54A number of key trends in the economy are positive, from wage growth to low interest rates. Some of the biggest wild cards are trade policy and centra

Stocks dive, again. Does Wall Street foresee a 2019-01-10 07:30:54After several strong years, stock markets look rattled as 2018 draws to a close. A mix of factors signal a heightened risk of a slowdown, but an outri

Where local residents help birth the businesses that 2019-01-10 07:30:54Often new businesses rely on financing from a top-down system where bankers call the shots. For places that feel left behind, often communities o

From hemp to organic foods, farm bill embraces 2019-01-10 07:30:54Passage of the farm bill is a rite of Congress that often borders on the arcane. But this year’s version signals how American farming is gradual

Post-layoffs, GM fights to keep tax credit for 2019-01-10 07:30:54A $7,500 tax incentive for buyers of electric vehicles is critical for General Motors as it ramps up production in the EV market. But some government

Qatar leaves OPEC, cementing distance with Saudi Arabia 2019-01-10 07:30:54Qatar will leave the world's largest consortium of oil producing countries in a bid to expand natural gas and oil drilling even as oil prices remain

Which fork in the road to take? Detroit 2019-01-10 07:30:54US carmakers appear poised to try two paths forward at once, building more SUVs and pickups, which the US market loves, to pay their way along a 

It’s a wide world of charity out there. 2019-01-10 07:30:54As ‘Giving Tuesday’ arrives, it’s a good time to think about charitable donations. Increasingly, average givers are focusi

Preparing for tech shift, GM cuts thousands of 2019-01-10 07:30:54The largest automaker in the US, General Motors, announced Nov. 26 that it would cut as many as 14,000 workers in North America. The cuts affect both

Instead of amplifying human biases, can algorithms help 2019-01-10 07:30:54The rising use of artificial intelligence has become one of the dominant trends in business. On the heels of that trend come questions about fairness

Ahead of Black Friday, market sees red 2019-01-10 07:30:54The Dow Jones Industrial Average dropped 600 points on Nov. 20 as tech companies and retailers face losses and an oil surplus pushed barrel prices low

Hard times in farm country coincide with a 2019-01-10 07:30:54Farmers are resourceful by necessity. But many face a test as a US-China rift undercuts their exports – a challenge familiar to those who weathe

Reuters: Business News

Netflix forecast misses Wall Street view, shares dip 2019-01-17 20:38:06Netflix Inc forecast first-quarter revenue slightly below Wall Street estimates on Thursday, even after a record quarter for new customers, sending s

Asia stocks gain on hopes for eased U.S.-China 2019-01-17 19:37:39Asian stocks gained early on Friday, as hopes for a thaw in the U.S.-China trade conflict fed investor appetites for risk assets.

American Express misses estimates on slowing customer spending; 2019-01-17 19:33:16American Express Co missed Wall Street's fourth-quarter profit estimates on Thursday, as the rate of customer spending slowed despite a strong U.S.

Consumer giants spurn risks to chase online subscribers 2019-01-17 19:19:08Major consumer companies including Unilever , Procter & Gamble and Nestle are chasing consumers who want food and household goods delivered auto

Volatile market hits Morgan Stanley's trading, wealth management 2019-01-17 18:54:16Morgan Stanley's quarterly profit fell short of expectations as bond trading revenue slumped more than rivals and its wealth management business fal

Strap yourself in: Netflix is about to report 2019-01-17 18:42:27Shares of Netflix up 0.2 pct on Thursday in likely calm before the storm as the streaming video company co prepares to report Q4 results after the be

U.S. grand jury indicts four Audi managers in 2019-01-17 18:37:34A federal grand jury in Detroit on Thursday indicted four managers at Volkswagen AG's luxury Audi unit as part of the U.S. government's investigati

Trian to skip PPG board challenge after new 2019-01-17 18:24:52Trian Fund Management LP will not challenge PPG Industries Inc's board of directors at its 2019 shareholder meeting after the U.S. paints and coatin

Gulfport pledges share buybacks after hedge fund demand 2019-01-17 18:13:12Natural gas and oil firm Gulfport Energy Corp said it would buy back $400 million of shares on Thursday, just hours after a public demand to that effe

Hitachi debacle strengthens Franco-Chinese hand in UK nuclear 2019-01-17 17:41:54Hitachi's decision to freeze its $28 billion nuclear power project in Britain strengthens the hand of France's EDF and its Chinese partner in talks

Netflix: Down after co misses fourth-quarter revenue estimates 2019-01-17 17:34:40** Netflix's shares down 4.5 pct at $337.46 in extended trading - if losses hold on Friday, stock set for its biggest 1-day fall so far this year

Wall Street advances as industrials jump on trade 2019-01-17 17:26:12U.S. stocks advanced on Thursday as hopes of a resolution to the trade dispute between the United States and China boosted industrial shares and lifte

Home Page

Wipro Q3 net profit comes in at Rs 2019-01-18 05:48:00The company also announced one bonus shares for every three held.

Record-long govt shutdown clouds outlook for consumer-driven US 2019-01-18 05:31:00Consumer spending accounts for about two-thirds of US economic activity, and the 4% jump in household spending on goods last year was a major reason t

Government may miss disinvestment target by Rs 20,000 2019-01-18 05:23:00On an average, the government has achieved nearly 65 per cent of the budgeted divestment target between FY14 and FY17

Mukesh Ambani's RIL to enter e-commerce, take on 2019-01-18 05:05:00Jio and Reliance Retail will launch a unique new commerce platform, says Reliance Industries Ltd. chairman at Vibrant Gujarat summit.

India aiming for 'Top 50' rank next year 2019-01-18 03:45:00PM Modi said his government is focused on removing the barriers which were preventing the country from achieving its potential

Sun TV Network, Ashok Leyland, Nilkamal, SPARC hit 2019-01-18 03:20:00Force Motors, Deepak Fertilisers, Sun Pharma and Jamana Auto were among eight stocks from the S&P BSE 500 index hit their respective 52-week lows

Telecom stocks under pressure: Bharti Airtel, Vodafone Idea 2019-01-18 01:51:00Bharti Airtel dipped 7 per cent to Rs 310, while Vodafone Idea slipped 6 per cent to Rs 34.60, trading close to its 52-week low of Rs 32.10 on Decembe

Vibrant Gujarat Summit 2019: India is a land 2019-01-18 01:40:00After the inauguration, PM Modi will be in Hazira in Surat on Saturday to mark the setting up of the Hazira Gun Factory

Tech analysis: How RIL, HUL and Sun Pharma 2019-01-18 01:08:00RIL and HUL announced their third quarter results of FY19 on Thursday. Here's a look at what technical indicators suggest for them and other buzzing

Wipro Q3: Revenue in CC terms may grow 2019-01-18 00:41:00Wipro is scheduled to release its financial results for Dec quarter today. The earnings report of the company will be keenly watched for BFSI, partici

Wipro nears 52-week high ahead of board meet 2019-01-18 00:39:00The stock was up 1.5% at Rs 341 trading close to its 52-week high of Rs 344 hit on December 13, 2018 on the BSE in intra-day trade.

China slowdown, trade disputes with US weigh heavily 2019-01-18 00:16:00US-China tensions has hit the trade-reliant economy