Business

Commerce, Textile and Jute and Civil Aviation and Tourism Adviser Sk. Bashir Uddin said that no misguided or emotion-driven decisions will be made in the textile sector, noting that such decisions had affected the jute industry...

Zara owner Inditex, the world’s largest fashion retailer, posted on Wednesday higher profits for the first nine months of its fiscal year despite stiffer competition from low-cost clothing outlets like Shein and Primark. The Spanish group,...

South Africa’s biggest mobile operator Vodacom said Thursday it had agreed to take control of East Africa’s largest telecoms firm, Safaricom, in a deal worth $2.1 billion. The deal, which is subject to regulatory approval, would...

World-renowned Polish garment brand LPP S.A. has expressed considerable interest in significantly boosting its apparel sourcing from Bangladesh. Joanna Sikorska, the company’s procurement director, expressed this desire to Mahmud Hasan Khan, the president of the Bangladesh...

Streaming giant Netflix has made a mostly cash offer to buy TV and film group Warner Bros Discovery as the storied yet debt-laden Hollywood studio presses on with a sale that could remake the US media...

Amazon on Monday began testing “ultra-fast” deliveries in two US cities, giving some shoppers the option of having groceries or household essentials at their doors within 30 minutes. An “Amazon Now” feature built into the e-commerce...

The government has revised fuel prices upward by Tk 2 per litre, effective from December 1, to maintain a smooth and affordable supply of petroleum products at the consumer level. Under the new rates, diesel will...

Airbus has called for Biman’s fleet decision to be based strictly on commercial and technical merit, saying it wants the evaluation to remain factual and fair as Bangladesh enters a critical growth phase in aviation, reports...

German business sentiment fell more than expected in November, a survey showed Monday, the latest sign that industry is losing faith in the government’s plans to revive the economy. The Ifo institute’s confidence barometer dipped to...

Tech firms led more steep losses across Asian markets Friday as investors struggled to shake off fears about an AI bubble and after a sell-off on Wall Street sparked by jobs data dealt a further blow...