Business

Boeing announced today it has entered a definitive agreement to acquire KLX Inc. to enhance its growing services business. The agreement comprises an all-cash transaction for $63 per share and the assumption of approximately $1.0 billion...

Boeing and Uzbekistan Airways, the flag carrier of the Republic of Uzbekistan, announced the finalization of an order for one 787-8 Dreamliner, valued at $239 million at current list prices. Uzbekistan Airways currently operates two Dreamliners...

Japanese electronics giant Panasonic has agreed to pay more than $280m (£203m) to resolve charges brought under US anti-corruption law. The US said the firm’s in-flight entertainment division hired consultants for “improper” purposes and concealed payments...

WhatsApp co-founder Jan Koum on Monday put out word that he is leaving Facebook, which bought the smartphone messaging service four years ago for $19 billion. Koum said in a post on his Facebook page that...

BP held out the prospect of a first dividend increase since 2014 on Tuesday, after first-quarter profits beat forecasts thanks to rising oil and gas prices and production. Chief Financial Officer Brian Gilvary said the London-listed...

Paperfly, the fastest growing E-commerce Logistics Company in Bangladesh and now covering all 64 districts Door to door delivery and Cash on delivery services, with its own employees and fleet. This is an ambitious and timely...

Apon Wellbeing, Green Delta Insurance, SAJIDA Foundation, Shakti Foundation and ShopUp have been selected as finalists in the sixth wave of Inclusion Plus, a global competition for entrepreneurs, nonprofits, and other social impact organizations focused on...

U.S. stock indexes swung between gains and losses on Wednesday, as Boeing’s jump after upbeat results and outlook was negated by declines in technology stocks and rising U.S. bond yields. Shares of the world’s biggest planemaker...

Beximco Pharmaceuticals has started the export of its third item -Methocarbamol (500mg and 700mg) to the United States. Following the successful marketing of Carvedilol and Sotalol in August 2016 and November 2017, respectively in the world’s...

Ride-sharing service OBHAI Solutions Limited, popularly known as OBHAI, has added 650 CNG-rickshaws to its existing fleet in a move to strengthen its services. The CNG drivers and owners signed up their vehicles with OBHAI at...