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Reuters: Business News

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

Bombardier agrees $8.2b deal to sell New! 2020-02-18 13:00:00Canada’s Bombardier said on Monday it had agreed to sell its rail division to France’s Alstom for an enterprise value of $8.2 billion, as

BLFCA elects top brass New! 2020-02-18 13:00:00Mominul Islam, managing director and CEO of IPDC Finance, was recently elected chairman of the Bangladesh Leasing and Finance Companies Association (B

No end to GP and NBR’s disputes New! 2020-02-18 13:00:00Grameenphone has been refraining from paying value-added tax (VAT) on rentals of Bangladesh Railways’ optical fibre since March 2018 as it is no

Singapore announces $4.6b boost to fight virus New! 2020-02-18 13:00:00Singapore unveiled US$4.6 billion in financial packages on Tuesday to deal with the impact of the deadly coronavirus outbreak, which has battered the

Agent banking: the bright spot in lending landscape New! 2020-02-18 13:00:00Agent banking, which takes banking services to the unbanked people, is going from strength to strength, with both deposit collection and loan disburse

German minimum wage brought productivity boost: study New! 2020-02-18 13:00:00Productivity by German workers has increased since the country introduced a minimum wage in 2015, a study published Tuesday by Anglo-German researcher

Japanese firms most optimistic of their prospects in New! 2020-02-18 13:00:00Bangladesh is the top choice for Japanese companies seeking to expand business in Asia and Oceania in the next two years due to its high potential and

Apple to miss revenue forecast as iPhone supply New! 2020-02-18 13:00:00Apple announced Monday it would miss its March quarter revenue forecast and global iPhone supplies would fall because of the deadly coronavirus epidem

Bourse back in red New! 2020-02-18 13:00:00Dhaka stocks ended its five-day rising streak yesterday, in what can be viewed as a correction of the excessive exuberance.

‘Made in Bangladesh’ smartphones headed to US New! 2020-02-18 13:00:00Walton is set to export smartphones to the US, in what can be viewed as a remarkable endorsement of the leaps taken by Bangladesh’s manufacturin

Four projects to aid neighbouring transits, business hubs New! 2020-02-18 13:00:00The government yesterday approved four projects costing Tk 9,454 crore for facilitating transit of goods from India, Bhutan and Nepal, setting up inte

New country director for ADA New! 2020-02-18 13:00:00Analytics Data Advertising (ADA), a concern of Axiata Group integrating digital marketing business with data science, technology, content and media, h

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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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