Business
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Citigroup Inc reported a quarterly profit that beat analysts’ estimates
Jul 14, 2017News Hour: Citigroup Inc reported a quarterly profit that beat analysts’ estimates as trading revenue held up better than the company’s forecast and loans grew. The lender said markets revenue declined about 7 percent in the... -
Uber’s biggest rival in Southeast Asia, Grab raised $2 billion in funding from SoftBank Group and Didi Chuxing
Jul 14, 2017News Hour: Grab, Uber Technologies Inc’s biggest rival in Southeast Asia, is raising as much as $2 billion in funding from Japan’s SoftBank Group and China’s top ride-hailing firm Didi Chuxing, the Wall Street Journal reported... -
International Monetary Fund to cut its 2018 growth forecast for Brazil
Jul 14, 2017News Hour: Brazil’s economy appears to have turned a corner, but political uncertainty is on the rise, prompting the International Monetary Fund on Thursday to cut its 2018 growth forecast for the recession-hit country. The recovery... -
Huawei P10 and P10 Plus wins the inaugural TIPA award for best photo smartphone
Jul 11, 2017News Hour: Huawei Consumer Business Group has announced that the HUAWEI P10 and P10 Plus have won the inaugural Technical Image Press Association (TIPA) Award for Best Photo Smartphone. Following the technical and commercial success of... -
Sanofi to acquire Protein Sciences
Jul 11, 2017News Hour: Sanofi announced today it will acquire Protein Sciences, a privately held vaccines biotechnology company based in Meriden, Connecticut in the United States. Under the terms of the agreement, Sanofi will make an upfront payment... -
Session on IoT and Smart City Connectivity held at GPHouse, Bangladesh
Jul 11, 2017News Hour: Grameenphone and different local chapters of IEEE (Institute of Electrical and Electronics Engineers) jointly organized a session titled “The Role of IoT (Internet of Things) in a Smart City Connected Community”. The program was... -
10 more Alliance factories in Bangladesh achieve substantial completion of their Corrective Action Plans
Jul 11, 2017News Hour: The Alliance for Bangladesh Worker Safety announced that during the month of June, ten additional Alliance-affiliated factories completed all material components outlined in their Corrective Action Plans (CAPs), bringing the total number of factories... -
Hong Kong stocks extended the previous day’s gains
Jul 11, 2017News Hour: Hong Kong stocks extended the previous day’s gains on Tuesday as traders tracked another positive lead from Wall Street ahead of testimony from Federal Reserve boss Janet Yellen later in the week and the... -
Elliott proposes $18.5 billion Oncor deal to top Buffett
Jul 11, 2017News Hour: Elliott Management Corp, the largest creditor of the bankrupt parent of Oncor Electric Delivery Co, unveiled a plan on Monday to best Berkshire Hathaway Inc’s deal for the Texas utility with a bid worth... -
Aramco CEO sees oil supply shortage as investments and discoveries drop
Jul 10, 2017News Hour: The world might be heading for an oil supply shortage following a steep drop in investments and a lack of fresh conventional discoveries, Saudi Aramco’s chief executive said on Monday. Unconventional shale oil and...
