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Mattel beats profit estimates as cost cuts take hold

Mattel Inc on Thursday beat estimates for quarterly profit as it benefited from a robust cost-cutting program, even as holiday season sales of its flRead More



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Shake Shack sees delivery disruption thru 2020 with New! 2020-02-24 19:14:24Shake Shack Inc expects its delivery sales to be volatile throughout 2020 after its move last year to an exclusive partnership with third-party platf

Wall Street plunges on fears of coronavirus pandemic New! 2020-02-24 19:12:16The S&P 500 and the Dow Jones Industrial Average on Monday suffered their biggest one-day percentage losses in two years after a surge in coronavi

JPMorgan Chase plans to unveil climate initiatives at New! 2020-02-24 19:05:49JPMorgan Chase & Co executives plan to announce new climate-change initiatives on Tuesday, including restrictions on financing coal mining and Ar

British fintech Revolut hits $5.5 billion valuation after New! 2020-02-24 19:04:36Digital banking app Revolut has raised $500 million in a fresh funding round, confirming the British-based business as one of the world's most valuab

United Airlines suspends 2020 guidance on coronavirus uncertainty New! 2020-02-24 18:45:14United Airlines Inc on Monday withdrew its full-year 2020 guidance, citing heightened uncertainty over how the duration and spread of the coronavirus

Mastercard says coronavirus to hit first-quarter revenue New! 2020-02-24 18:34:51Mastercard Inc said on Monday its net revenue in the first quarter will take a hit of between 2% and 3% over its previous forecast if the coronavirus

Asian shares lead global rout, bonds bet on New! 2020-02-24 18:33:10Asian share markets were heading south on Tuesday amid fears the coronavirus was rapidly mutating into a pandemic that could cripple global supply cha

U.S. safety board to issue new recommendations in New! 2020-02-24 18:28:18The National Transportation Safety Board will hold a public hearing on Tuesday to establish the probable cause of a fatal March 2018 Tesla Autopilot c

U.S. still eyeing ways to curb sales to New! 2020-02-24 18:24:43U.S. government officials are still considering ways to further curb sales to China's Huawei Technologies [HWT.UL], despite President Donald Trump's

Europe's top firms must double low-carbon investment: study New! 2020-02-24 18:19:57Europe's top companies need to more than double their current level of spending on low-carbon projects to meet the European Commission's flagship go

Citi, Credit Suisse among banks curbing Italy trips New! 2020-02-24 18:19:47Investment banks including Citigroup Inc , Credit Suisse and Nomura Holdings Inc have curbed trips to Italy on fears that the coronavirus outbreak a

Fed's Mester sees U.S. economy performing well, coronavirus New! 2020-02-24 18:10:46The U.S. economy should continue to perform well this year and monetary policy is currently well positioned despite the risk posed by the coronavirus

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German business morale inches up despite coronavirus fears 2020-02-24 13:00:00Confidence among German business leaders nudged slightly higher in February, a closely watched survey said Monday, as bosses appeared to shrug off fea

Hero to ramp up production in Jashore plant 2020-02-24 13:00:00Hero MotoCorp plans to increase the production capacity of its factory in Bangladesh seeing the huge growth potential of the country’s automotiv

BB formally asks banks to set single-digit lending 2020-02-24 13:00:00The Bangladesh Bank yesterday instructed banks to set a maximum 9 per cent interest rate on all loan products except credit cards, in a move that sugg

India refiners getting rare oil cheap as China 2020-02-24 13:00:00Indian refining companies are snapping up rare crude grades as the coronavirus outbreak curtails China’s demand for processing, executives and t

Imports from China tumble 21pc for coronavirus 2020-02-24 13:00:00Imports from China slumped 21 per cent year-on-year in volume in the one and a half months to February 15 amid supply disruption caused by the coronav

Int’l call rate cut yet to benefit expatriate 2020-02-24 13:00:00Bangladeshis living abroad are still paying higher charges for international incoming voice calls although the government has cut the rate by 65.71 pe

Beximco Pharma to sell global drug maker Mylan’s 2020-02-24 13:00:00Generic drug manufacturer Beximco Pharmaceuticals yesterday penned a deal to begin the sale of medication for cancer, rheumatoid arthritis and other d

UTC, Raytheon offer EU concessions over $120b merger 2020-02-24 13:00:00United Technologies Corp and Raytheon Co have offered concessions to address EU antitrust concerns about their plan to create a $120 billion US aerosp

Grameenphone’s mini victory against telecom watchdog 2020-02-24 13:00:00The Supreme Court yesterday directed Grameenphone to pay another Tk 1,000 crore to the Bangladesh Telecommunication Regulatory Commission (BTRC) withi

Japanese firms to invest $6.4b 2020-02-24 13:00:00Major Japanese large firms are to invest about $6.4 billion to implement six infrastructure projects in Bangladesh under the public-private partnershi

China lifts import restriction on some pet food 2020-02-24 13:00:00China has removed a ban on imports of pet food containing ruminant ingredients from the United States, according to a notice released by customs.

Bangladeshi roads to soon see 3 new Hero 2020-02-24 13:00:00Hero MotoCorp has unveiled three new products in the mainstream and premium segments of motorcycle in India.

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CAA clash: Decide on rescheduling Northeast Delhi board New! 2020-02-25 09:44:22Class X students are to appear for English exam on Wednesday, while class XII students have 'Web Application' and 'Media' paper

CAA violence: 10 killed, 150 injured; police denies New! 2020-02-25 09:32:17The meeting was attended by Delhi LG Anil Baijal, Chief Minister Arvind Kejriwal, Commissioner of Police Amulya Patnaik and others

Michael Miebach is Mastercard new CEO, Banga moves New! 2020-02-25 09:30:04Miebach will also get a seat on the board at the company, based in Purchase, New York.

SBI Cards & Payment IPO price band fixed New! 2020-02-25 09:24:18Promoters SBI and Carlyle Group will offload 3.73 crore shares and 9.32 shares respectively

Sebi mulls larger role for debenture trustees, proposes New! 2020-02-25 09:18:28Market regulator points out challenges in case of defaulting NBFCs

US, India now global strategic partners, to start New! 2020-02-25 09:09:15Trump confirmed that India's military signed contracts with Boeing and Lockheed Martin on Tuesday for the purchase of military helicopters

Sebi probe finds undisclosed related party transactions at New! 2020-02-25 08:37:14While the company said it has not received any communication from Sebi in this regard, shares plunged sharply in afternoon trade on Tuesday

Sebi proposes stricter framework for corporate bonds, debenture New! 2020-02-25 08:12:12Sebi has also suggested that NBFCs create charge on the identified assets for every bond issue

LIVE: If trade deal happens, it will be New! 2020-02-25 08:11:06Donald Trump and the First Lady Melania Trump were accorded a ceremonial welcome at the Rashtrapati Bhavan. Later, Trump along with First Lady Melania

Pension commutation under EPS implemented; move to benefit New! 2020-02-25 08:05:36With the ministry's latest decision, such pensioners would receive their full pension after completion of 15 years

Job creation in Dec 2019 falls marginally from New! 2020-02-25 07:24:41The report also showed that during the September 2017-December 2019 period, around 3.50 crore new subscribers joined the ESIC scheme

Ensure benefits of tech are available to everyone: New! 2020-02-25 06:34:53The India-born top executive also highlighted that developers should work with diverse teams, so that "unconscious biases" do not creep into the mod


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