Corporate

British Steel has been placed in compulsory liquidation, putting 5,000 jobs at risk and endangering 20,000 in the supply chain. The move follows a breakdown in rescue talks between the government and the company’s owner, Greybull....

The digital financial service of Bangladesh Post “Nagad” has announced exciting bonuses during the holy month of Ramadan for every digital KYC registration and hourly cash in. Customers will also be able to enjoy special offers...

HSBC Holdings PLC plans to add more than a 1,000 jobs this year at its technology development centers in China, as the Asia-focused lender seeks to bolster its presence in the world’s second-largest economy. Europe’s biggest...

US car giant Ford has announced it will cut 7,000 jobs globally by the end of August in an effort to save costs. The plan will reduce Ford’s salaried workforce by 10% and will be made...

Pinterest Inc’s shares slumped as much as 17% on Friday after the online scrapbook company’s disappointing annual forecast shook investors’ faith in its ability to turn in a profit soon. The fall in shares after Pinterest’s...

Microsoft Corp will invest $100 million to open an Africa technology development center with sites in Kenya and Nigeria over the next five years, the company said on Tuesday. Global tech giants, including Alphabet Inc and...

Swedish carmaker Volvo, which is owned by China’s Geely, is cutting several hundred jobs, Swedish radio reported on Friday citing sources. The carmaker, whose number of employees has more than doubled over the past decade to...

Uber Technologies Inc priced its initial public offering on Thursday at the low end of its targeted range for a valuation of $82.4 billion, hoping its conservative approach will spare it the trading plunge suffered by...

Sharp Corp will re-enter the U.S. TV market later this year, the Japanese electronics company said on Wednesday, adding it had effectively regained the license for its own TV brand sold to China’s Hisense Group four...

Nagad has organized a training session on “Anti-Money Laundering (AML) & Combating Financing of Terrorism (CFT)” for all of its employees at Gulshan, Dhaka. Through this training, Nagad has declared its strong stand in combating financial...