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Royal Caribbean cancels 18 cruises, warns coronavirus hit to yearly profit

Royal Caribbean Cruises Ltd on Thursday said it had canceled 18 cruises in Southeast Asia and joined larger rival Carnival Corp in warning that its Read More



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Oil falls below $57 on virus impact, OPEC+ New! 2020-02-18 09:59:06Oil fell below $57 a barrel on Tuesday, pressured by concerns over the impact on crude demand from the coronavirus outbreak in China and a lack of fur

Hedge funds take do-it-yourself approach to gauge coronavirus New! 2020-02-18 09:57:11As investors crunch numbers to determine how the coronavirus will hit China’s economy, hedge fund manager Nathaniel Polachek has tied much

Jaguar Land Rover to run out of Chinese New! 2020-02-18 09:48:59Jaguar Land Rover has enough parts from China to maintain its British production for the next two weeks but not beyond that at the moment, Chief Exec

Wall Street slips at open following Apple's sales New! 2020-02-18 09:40:30Shares of Apple Inc dragged down Wall Street's main indexes at the open on Tuesday, after a surprise sales warning from the iPhone maker fanned worr

Exclusive: Vodafone, Telecom Italia offer rivals access to New! 2020-02-18 09:38:34Vodafone and Telekom Italia offered to give rivals access to some of their infrastructure for up to nine years to allay EU antitrust concerns over t

20 years after dot-com peak, tech dominance keeps New! 2020-02-18 09:26:27As Wall Street approaches the 20th anniversary of the piercing of the dot-com bubble, today's decade-old rally led by a few small players shows some

Exclusive: JPMorgan shakes up investment bank in leadership New! 2020-02-18 09:21:47JPMorgan is reshuffling senior management at the top of its investment bank, naming two new global co-heads and shifting some of its most senior deal

Walmart sees slower online sales growth after tepid New! 2020-02-18 09:20:53Walmart Inc expects online sales growth to slow this year after posting lower-than-expected holiday quarter results, revealing the pressure tradition

Coronavirus threatens Apple supply chain, sales; shares drop New! 2020-02-18 08:57:47Shares of Apple Inc fell 2 % on Tuesday and dragged the stocks of its suppliers across the globe lower, after the iPhone maker warned of lower sales i

Apple virus warning shakes stocks, euro near three-year New! 2020-02-18 08:53:16World stocks markets were knocked off record highs on Tuesday as two of the world’s mega companies and Europe's largest economy, Germany, repor

Coronavirus dents bookings for Holiday Inn owner IHG New! 2020-02-18 08:40:32InterContinental Hotels (IHG) warned on Tuesday that fewer travellers are booking its rooms in China because of the coronavirus outbreak.

Factbox: JPMorgan names new global leaders at investment New! 2020-02-18 08:33:34JPMorgan has shifted some of its top dealmakers to a newly-created executive committee of global chairs of investment banking to deepen ties with maj

The Daily Star

Singapore lowers growth forecast 2020-02-17 13:00:00Singapore cut its economic growth forecast for this year on Monday as the coronavirus batters tourist arrivals and trade.

Bulls returning to bourse 2020-02-17 13:00:00DSEX, the benchmark index of the premier bourse, continued the bullish trend for the fifth day straight, in an indication of the

Coronavirus could damage global growth in 2020: IMF 2020-02-17 13:00:00The coronavirus epidemic could damage global economic growth this year, the IMF head said Sunday, but a sharp and rapid economic rebound could follow.

China’s envoy now apprehends delays in mega projects 2020-02-17 13:00:00The Chinese ambassador to Bangladesh has gone back on his assurance from five days ago that Bangladesh’s mega projects involving Chinese nationa

Low-income group punctured by postal deposit rate cuts 2020-02-17 13:00:00The sudden cut in interest rates on postal savings came as a bolt from the blue for many small depositors who depend largely on the interest incomes t

FTA with Nepal in the final stage 2020-02-17 13:00:00Bangladesh is close to signing a free trade agreement (FTA) with Nepal, said Commerce Minister Tipu Munshi yesterday.

Cathay Pacific flags ‘significant’ drop in H1 profit 2020-02-17 13:00:00Cathay Pacific Airways is expecting a significant drop in its first-half results and has also cut capacity due to the coronavirus outbreak, it said on

BTRC cans 32 ISPs’ licence 2020-02-17 13:00:00The telecom watchdog yesterday scrapped the licences of 32 internet service providers (ISP) for failing to pay their licence renewal fees on time.

StanChart betting big on Shariah-based banking 2020-02-17 13:00:00Standard Chartered is bullish about the fortunes of its Islamic banking business, Saadiq, in the country, seeing the religious bent of the Bangladeshi

Bangladesh most expensive in S Asia 2020-02-17 13:00:00New York-based CEOWORLD magazine has billed Bangladesh as the most expensive country to live in South Asia and Pakistan the most affordable one in the

Coronavirus deals blow to scrap plastic industry 2020-02-17 13:00:00The coronavirus epidemic in China has adversely impacted the scrap plastic industry in Lalmonirhat, a northern border district of Bangladesh, as local

Vodafone Idea to pay 35b rupees in telecom 2020-02-17 13:00:00Beleaguered Indian wireless carrier Vodafone Idea will pay 35 billion rupees ($490 million) in telecoms dues to the government by Feb. 21, a lawyer fo

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Is Walmart losing its business to Amazon? Fourth New! 2020-02-18 09:12:45The company's total revenue rose 2.1 per cent to $141.67 billion, missing the estimate of $142.49 billion

Railways roots out illegal software, more Tatkal tickets New! 2020-02-18 08:40:48The railways does not allow agents to book Tatkal tickets and over the past two months, the RPF has nabbed around 60 illegal agents who were booking t

Centre to spend Rs 85 crore for Donald New! 2020-02-18 08:30:40If his Indian hosts can help it, Trump probably won't see a slum as they've ordered for a 400-metre wall to be built along his route to block the vi

Coronavirus: FM takes stock of trade issues, sees New! 2020-02-18 07:43:24The development comes in the wake of issues surrounding imports from and exports to China even as the Coronavirus outbreak grips that country

Sugar exports picking up even as delays in New! 2020-02-18 06:32:45Newer opportunities such as exporting to Indonesia are being thrown up but early closure of mills could be an issue

No reason to doubt govt will meet fiscal New! 2020-02-18 06:18:47In an interview with PTI, Das said the government has remained within the limits set by the Fiscal Responsibility and Budget Management (FRBM) Committ

India Inc seeks cut in import duties to New! 2020-02-18 05:59:18The coronavirus outbreak in China has disrupted supplies of raw material to other countries

Baat Bihar Ki: Prashant Kishor hits out at New! 2020-02-18 05:53:38Kishor also rubbished the contention that a tie-up with the BJP was in the interest of Bihar, a claim Kumar has been making to defend his realignment

What can India expect from Satya Nadella's visit New! 2020-02-18 05:36:02Microsoft launched its India operations in 1990 and for the past 30 years the company has played a major role in digital transformation of the country

INX Media case: Delhi court asks CBI to New! 2020-02-18 05:25:51The Chidambarams were present in the court

MARKET WRAP: Indices off day's low, Sensex ends New! 2020-02-18 05:20:21All that happened in markets today

Coronavirus in China will cut iPhone production, Apple New! 2020-02-18 04:51:57Apple says demand for iPhones is also down in China because many of Apple's 42 retail stores there are closed or operating with reduced hours


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