Business

McDonald’s has fired its chief executive Steve Easterbrook after he had a relationship with an employee. The US fast-food giant said the relationship was consensual, but Mr Easterbrook had “violated company policy” and shown “poor judgement”....

Both TikTok and Apple have declined to testify to US Congress in a hearing, about their ties to China Tuesday’s hearing is designed to explore the relationships the US-based technology industry has with China and whether...

Microsoft Japan said sales had been boosted by nearly 40% during an experiment in which staff worked a four-day week on full pay. Offices were closed on every Friday of August 2019 and full-time staff were...

China’s Alibaba Group Holding Ltd reported a better-than-expected 40% rise in second-quarter revenue on Friday, powered by strong growth in its e-commerce and cloud computing businesses. The results come as the company gears up for its...

On October the 26th through SeedstarsDhaka, iFarmer won the Bangladesh round of Seedstars World 2019 and will represent the nation at the Seedstars Summit in Switzerland to compete for up to USD 500,000 in equity investment...

The African Development Bank on Thursday announced the largest capital increase in its history, with an almost 125 percent jump from $93 billion to $208 billion. AfDB President Akinwumi Adesina hailed “a historic day” for the...

Bombardier‘s Northern Ireland operations have been sold to the US firm Spirit AeroSystems in a deal worth nearly £1bn. The Canadian firm put the factories up for sale in May as part of a reorganization of...

With more than 15 world-renowned furniture and home décor brands from USA, Italy and Germany, Penthouse Livings Limited has inaugurated its showroom in Kamal Ataturk Avenue, Banani, Dhaka. Penthouse Livings Limited is the first-ever showroom of...

Google owner Alphabet has made an offer to acquire U.S. wearable device maker Fitbit, as it eyes a slice of the crowded market for fitness trackers and smartwatches, people familiar with the matter said on Monday....

The Pentagon said Friday it is awarding a $10 billion cloud computing contract to Microsoft, following a highly scrutinized bidding process that Amazon had been favored to win. The 10-year contract for the Joint Enterprise Defense...