Business
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MJL Bangladesh Limited reveals Q2 earnings
Feb 11, 2018MJLBL is the first Bangladeshi company owning two such Aframax tankers in the private sector of Bangladesh. “MJL Bangladesh Limited (MJLBL) has procured country’s largest ocean-going Aframax Oil Tanker with a capacity of 107,091 DWT,” said... -
Uttara Motors launches Bajaj Pulsar NS160 in Bangladesh
Feb 11, 2018The highly anticipated motorcycle was handed over to 30 buyers, who pre-booked it, at the launching ceremony at International Convention City Bashundhara in the capital. Leading Bangladeshi automobile assembler, importer, manufacturer, and marketing company, Uttara Motors... -
Airbus stopped delivering A320neo jets
Feb 11, 2018Airbus has briefed airlines and leasing companies and told them it cannot yet say how long it will take to resolve the problem, one source told Reuters on condition of anonymity. Airbus has stopped delivering A320neo... -
Uber and Waymo reached a settlement on self-driving technology
Feb 10, 2018Uber has also agreed not to use Waymo’s technology in its self-driving cars, though it maintains it never did. Uber and Waymo have reached a settlement over claims Uber stole trade secrets from the self-driving company.... -
Wall Street stocks ended a bruising week on a benign note
Feb 10, 2018US stocks lurched back and forth in a rollercoaster session, opening decisively higher, then tumbling deep into the red at midday before rising again and finishing strong. Wall Street stocks ended a bruising week on a... -
Qualcomm rejected a record $121 billion hostile bid from Broadcom
Feb 10, 2018The California-based group said in a letter to Broadcom that the latest offer unveiled earlier this week “materially undervalues Qualcomm” and does not take into account the possibility of a failure to win regulatory approval. Qualcomm... -
T-Mobile US Inc’s quarterly profit jumped nearly sevenfold
Feb 8, 2018T-Mobile has been using lower prices and added perks to take market share from larger rivals Verizon Communications Inc and AT&T Inc in a saturated market for wireless services. T-Mobile US Inc’s quarterly profit jumped nearly... -
Honda plans to double its market share in India within the next few years
Feb 8, 2018Honda, which sells cars such as the City sedan and CR-V sport-utility vehicle in India, has seen its market share fall to about 5 percent at the end of 2017 from 7 percent three years ago.... -
Tesla notched up its biggest ever quarterly loss
Feb 8, 2018The firm’s future hangs on the Model 3 sedan, but it has so far struggled with production bottlenecks. Tesla reported a loss of $675.4m (£487m) in three months to 31 December, compared with $121.3m a year... -
Tokyo stocks opened higher on Thursday
Feb 8, 2018Hedge funds had to sell Japanese stocks to minimize their losses, he said, adding that such moves are now calming down. Tokyo stocks opened higher on Thursday after US stocks finished lower amid nagging questions about...