Business

Taiwan said on Wednesday that the merger would seriously hurt market competition and rejected the ride-hailing behemoth Uber’s offer to purchase Delivery Hero’s Foodpanda on the island. By the first half of 2025, the US ride-hailing...

The gross foreign exchange reserves of Bangladesh have surpassed US$24 billion. The most recent data indicates that foreign exchange reserves total $24.8 billion USD. However, the reserve is more over $20 billion based on the IMF’s...

The International Monetary Fund announced on Tuesday that it and Egyptian officials had achieved an agreement that would provide Egypt access to roughly $1.2 billion. The executive board must approve the money access. “The Egyptian authorities...

Amicorp Group, a corporate services provider, and its CEO, Toine Knipping, are being sued by Malaysia’s 1MDB on Monday for more than $1 billion for allegedly enabling more than $7 billion in illegal transactions over a...

Apple is closing in on a historic $4 trillion stock market valuation, powered by investors cheering progress in the company’s long-awaited AI enhancements to rejuvenate sluggish iPhone sales. The company has pulled ahead of Nvidia and...

Volkswagen shares were down 3% in early trade on Monday with analysts citing uncertainty about the automaker’s cost-cutting deal with unions and likely headwinds in 2025. Friday’s agreement, hailed by unions as a “Christmas miracle”, calls...

Honda and Nissan were poised on Monday to announce the start of talks on a merger to help the Japanese giants catch up with Chinese rivals and Tesla on electric vehicles. Their collaboration would create the...

Rupert Murdoch’s News Corp announced Monday it would sell its Australian cable TV Foxtel to UK sports streaming service DAZN for US$ 2.1 billion. Under the agreement, Foxtel’s debt will be refinanced and shareholder loans valued...

Over US$2 billion in remittances were sent by Bangladeshi expatriates in the first 21 days of December of the fiscal year 2024–2025. According to Bangladesh Bank (BB) data issued today, private banks earned $1,311.62 million of...

Singapore Post said on Sunday it had dismissed its chief executive and two other senior managers after an internal investigation found they had mishandled whistleblower allegations about misconduct by company employees. The alleged misconduct reported by...