Business

The GDP growth and per capita income for FY2017 are slightly higher than previous estimates. Bangladesh’s economic growth accelerated to 7.28 percent in the year to June 30, Planning Minister AHM Mustafa Kamal said at a...

GM produces vehicles in China through a joint venture with SAIC, the country’s largest automaker, as well as a three-way tie-up with SAIC and Guangxi Automobile Group, formerly known as Wuling Motors. General Motors Co’s China...

Broadcom has also been deliberating the possibility of raising its bid for Qualcomm, including through more debt financing. U.S. chipmaker Qualcomm Inc is making preparations to reject rival Broadcom Ltd’s $103 billion bid as early as...

Sterling tumbled on Monday after reports that dozens of MPs in the ruling Conservative Party were backing a move to oust May, whose leadership has been battered by a string of scandals and crises. The pound...

Shareholders appear resigned to a cut in dividends, the first since 2009, as GE had only $7 billion in cash flow at the end of September, but was due to pay out $8 billion. Iconic American...

Alibaba, the Chinese e-commerce giant, said on Saturday its Singles’ Day sales extravaganza hit $25.4 billion, smashing its own record from last year and cementing it as the world’s biggest shopping event. Once a celebration for...

British American Tobacco Bangladesh (BATB) Chairman, Golam Mainuddin and Managing Director, Shehzad Munim received ‘Tax Card’ from Honorable State Minister for Finance M. A. Mannan MP, Dr. Md Abdur Razzaque, MP, Chairman of Parliamentary Standing Committee...

Mattel’s stance toward Hasbro in this overture is not clear, and it remains far from certain that a deal will materialize, the source said. Hasbro Inc has made an approach to acquire rival Mattel Inc, a...

The president stressed that in 2017, Argentina has sold more than 780,000 cars, with record sales of trucks “which means production is moving, construction is moving.” German automaker Volkswagen on Friday announced a plan to invest...

China will raise foreign ownership limits in financial firms in a step granting access to a tantalizing multi-trillion dollar financial services market, as the world’s second-biggest economy seeks to position itself as a major global finance...