Corporate

General Motors Co Chief Executive Mary Barra plans to visit Capitol Hill next week to discuss its plans to halt production at five plants in North America next year and cut up to 15,000 jobs, two...

Microsoft has unseated Apple to rank as the world’s most valuable listed company, reclaiming the number one spot after more than 15 years. The software giant ended Friday with a market value of more than $851bn...

Telenor Health has recently signed an agreement with Sheba.xyz, an online based marketplace in Bangladesh devoted to providing the best quality service. Under this agreement, the service provider of Sheba.xyz, will now be enjoying the digital...

Grameenphone, the leading communication and digital service provider of Bangladesh, has recently signed MoUs with CMED Health Ltd. and Inovace Technologies to take Internet of Things (IoT) a step further. The signing ceremony was held at...

BRAC Bank Limited organized a training on International Trade & Money Laundering and Interpreting Business Information Report. The session helped its employees know about Business Information Report, counter party risks in international trade and safeguard the...

Taiwan’s Foxconn aims to cut 20 billion yuan ($2.88 billion) from expenses in 2019 as the company faces “a very difficult and competitive year”, Bloomberg reported on Wednesday, citing an internal memo. Foxconn, formally known as...

IKEA Group, the owner of most IKEA furniture stores worldwide, plans to cut 7,500 jobs over the next couple of years, mainly administrative staff in central support functions, it said on Wednesday. At the same time,...

Industrial equipment maker Colfax Corp said on Monday it would acquire DJO Global Inc from Blackstone Group for $3.15 billion in cash, as it diversifies into selling medical products such as shoulder implants and knee braces....

BlackBerry Ltd raised its bets on artificial intelligence and cybersecurity on Friday with the $1.4 billion purchase of California-based machine-learning specialists Cylance. The Canadian technology company, which dominated the smartphone market a decade ago, has shifted...

E-cigarette maker JUUL Labs has agreed to temporarily halt sales of certain flavors in a bid to curb the teenage use of their product. Sales of all flavors except tobacco, menthol, and mint will be halted...