Business

The deal, which marks the first step in the divestiture of the lighting business, includes GE Lighting in Europe, the Middle East, Africa and Turkey, along with its Global Automotive Lighting businesses. U.S. industrial conglomerate General...

The fifth-largest food and beverage company in the world, which would announce its quarterly results on Friday, said it slashed its operating costs by over 5 percent since it acquired Kraft Foods Group in 2015. U.S....

Amazon agreed to closely monitor and remove illegal pesticide products from its website in an effort to “significantly reduce the number of illegal pesticides available through the online marketplace. Amazon.com Inc will pay a $1.2 million...

In 2016, Roche led a $175 million investment into Flatiron, in part to help the Swiss company harness the deluge of still-underutilized data collected from cancer patients with the New York City-based company’s products. Swiss drugmaker...

Bitcoin has been buffeted this year by a series of negative headlines centering around increased scrutiny by global regulators. There has also been the incidence of hacks on exchanges. Bitcoin rose above $10,000 on Thursday for...

Tokyo followed Wall Street higher as investors gradually regained confidence heading into the weekend and set aside inflation fears that had sparked the market meltdown last week. Asian stock markets edged higher on Friday in thin...

In one of the largest single-drug collaboration deals ever, Nektar will receive $1 billion in cash upfront and Bristol-Myers will purchase about 8.28 million Nektar shares at $102.60 per share, or an equity stake of just...

The meeting discussed various issues, including policy supports for the development of motorcycle industry and spare parts production for motorcycles. The Japanese Honda Motor Company is going to manufacture motorcycles in Bangladesh this year as the...

The 1800 MHz band is the most suited spectrum for 4G/LTE rollout and GP’s acquisition firmly consolidates its leadership position. Grameenphone acquired 5 MHz spectrum on 1800 band today at the spectrum auction, held by Bangladesh...

Rade has over 17 years of experience in the telecom industry, working in different senior positions.  Prior to joining Grameenphone, he was serving as Head of IT Asia (acting), Technology & Services of Telenor Group and...