Business

News Hour: Sports apparel and footwear giant Nike will cut about 1,400 jobs, part of a plan to expand direct selling to consumers as e-commerce roils the retail sector, the company announced on Thursday. Nike said...

News Hour: Falling US gasoline prices drove inflation and retail sales down in May, defying expectations and raising more questions about the economy and the pace of interest rate increases this year. The government data released...

News Hour: Wall Street stocks and the dollar offered a muted reaction on Wednesday to the Federal Reserve’s decision to hike interest rates and signal one more increase in 2017. The Dow edged to a fresh...

News Hour: Qatar’s Ministry of Defense said on Wednesday the country signed a deal to buy F-15 fighter jets from the United States for $12 billion. The deal was completed despite the Gulf country being criticized...

News Hour: South Korea’s exports of information and communications technology (ICT) products kept growing for seven months in a row, helping boost the double-digit growth in overall exports, a government report showed on Wednesday. Exports in...

News Hour: The British pound rebounded on Tuesday from post-election lows as surging inflation sparked talk of possible interest rate hikes, while US stocks closed at records as technology shares rallied. Near 2030 GMT, the pound...

News Hour: Two startups from Grameenphone Accelerator, SHEBA.xyz, and Cramstack, are going to represent Bangladesh at the Digital Winners Asia (DWA) in Singapore. The winner’s selection session was held today (June 12) at GPHouse. A high-level...

News Hour: Two innovation teams, comprising of Grameenphone employees, are among the top three teams in Ignite, Telenor’s Global Incubator Program. The result was announced on June 8 in Oslo, Norway. Winning teams from Grameenphone are...

News Hour: Forbes has announced its annual list ranking of the “World’s Most Valuable Brands 2017” after evaluating more than 200 global brands to determine the final list of 100. Popular tech brands dominate the top...

News Hour: Pickaboo.com is set to launch Bangladesh’s largest online smartphone fair ‘Mobile Mela’. Starting from this 12th June, BRAC Bank powered ‘Mobile Mela’ will continue till 18th June 2017. During the fair, customers can avail...