Business
-
The founder of the Ikea furniture, Ingvar Kamprad dies
Jan 28, 2018The billionaire, who was born in 1926 in Småland, founded Ikea at the age of 17. He used some money his father had given him as a gift for performing well at school despite his dyslexia.... -
SME Foundation’s comprehensive landing model MTB Gunabati
Jan 28, 2018MTB Gunabati is an innovative idea to create a better entrepreneurial ecosystem for women entrepreneurship in Bangladesh. The economy of Bangladesh is rapidly growing and aiming to achieve the middle-income country status by 2021. Country’s largescale... -
World’s biggest ever digital currency ‘theft’
Jan 28, 2018One of Japan’s largest digital currency exchanges says it has lost some $534m (£380m) worth of virtual assets in a hacking attack on its network. Coincheck froze deposits and withdrawals for all crypto-currencies except Bitcoin as... -
Datsun marks milestone of 300,000 Datsun cars sold
Jan 26, 2018In less than four years since starting production, Datsun introduced five new models. Today, Datsun is producing cars in three plants, located in India, Russia, and Indonesia. Datsun has passed the milestone of 300,000 cars sold... -
China’s eight-year-long smartphone growth comes to an end
Jan 26, 2018China’s smartphone market has fallen for the first time, with annual shipments down by 4% in 2017, according to data from research firm Canalys. The decline ends eight years’ growth in the world’s largest mobile phone... -
China’s smartphone market has fallen for the first time in eight years
Jan 26, 2018The decline ends eight years’ growth in the world’s largest mobile phone market. Smartphone brands Huawei, Oppo, and Vivo continue to dominate the Chinese handset market. China’s smartphone market has fallen for the first time, with... -
Islamic Development Bank cancels $175m Bangladesh projects over deadline failure
Jan 25, 2018The bank’s Director General for Country Relations and Services Walid Abdelwahab informed Finance Minister AMA Muhith about its decision on withdrawing the cumulative undisbursed commitments or CUC in a letter on Jan 7. It said they... -
Grameenphone offers new call tariff for customers in Bangladesh
Jan 25, 2018Under this offer, with a recharge of BDT 21, customers can call any GP number for 0.5 paisa per second, or to any other operator at 1 paisa per second. Grameenphone Ltd. introduces a new call... -
Toyota surpasses 3,000 Mirai hydrogen fuel cell vehicle sales in California
Jan 25, 2018The Toyota Mirai, a four-door, mid-size sedan, is a zero-emission hydrogen vehicle with an EPA estimated driving range rating of 312 miles and 67 mpg city/highway/combined. Move over polluters, the Toyota Mirai, one of the world’s... -
Audi ordered to recall 127,000 vehicles over emissions -paper
Jan 21, 2018Germany’s KBA automotive watchdog has detected illicit emission-control software in Audi’s latest Euro-6 diesel models and has ordered a recall of 127,000 vehicles, Bild am Sonntag reported. Audi, a unit of Volkswagen, said in a statement...
