Business
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Grameenphone Ltd. reported revenue of BDT 114.9 billion for 2016
Feb 1, 2017News Hour: Grameenphone Ltd. reported revenue of BDT 114.9 billion for 2016, up 9.6% from last year. Subscription and traffic revenue (excluding interconnection) grew by 12.0% with growing contribution from data. Data revenue grew by 69.7%... -
General Motors posts a 3.8 percent sale drop while Ford topped analysts forecasts on strong truck sales
Feb 1, 2017News Hour: Automakers reported mixed U.S. auto sales for January, with General Motors Co posting a 3.8 percent decline while crosstown rival Ford Motor Co topped analysts forecasts in strong truck sales. Ford’s F-Series pickup truck... -
Volkswagen and Robert Bosch GmbH agreed to pay $1.55 billion to settle U.S. diesel claims
Feb 1, 2017News Hour: Volkswagen AG has agreed to pay at least $1.22 billion to fix or buy back nearly 80,000 polluting U.S. 3.0 liter diesel engine vehicles to settle claims it fitted illegal emissions-cheating software to the... -
US factory activity accelerated to more than a 2 year high in January
Feb 1, 2017News Hour: U.S. factory activity accelerated to more than a two-year high in January amid sustained increases in new orders and raw material costs, pointing to a recovery in manufacturing as domestic demand strengthens and the... -
Activision Blizzard Inc to create a consumer products division to tap into the popularity of its videogame franchises
Feb 1, 2017News Hour: Activision Blizzard Inc said on Wednesday it was creating a consumer products division to tap into the popularity of its video game franchises, including “Call of Duty”, “Overwatch” and “World of Warcraft”. Tim Kilpin,... -
Roche said, it remains committed to diabetes care business following a report it may exit
Feb 1, 2017News Hour: Swiss drugmaker Roche said on Wednesday it remains committed to its diabetes care business following a report that the company was considering options for the unit. There has been “no change”, said a Roche... -
Manufacturing activity in China slowed slightly in January
Feb 1, 2017News Hour: Manufacturing activity in China slowed slightly in January, official figures showed Wednesday, as the world’s second-largest economy shows continued signs of stabilizing. The downtick comes as many businesses closed for Chinese New Year at... -
Sanofi appoints Kathleen Tregoning as new member of Executive Committee
Jan 31, 2017News Hour: Sanofi announced the appointment of Kathleen Tregoning as a new member of the Executive Committee, effective February 27, 2017. Ms. Tregoning joins Sanofi from Biogen where she served as Senior Vice President of Corporate Affairs.... -
Caterpillar Inc to move its global headquarters to Chicago from Peoria, Illinois
Jan 31, 2017News Hour: Caterpillar Inc said on Tuesday it would move its global headquarters to the Chicago area from Peoria, Illinois later this year to move closer to a global transportation hub and make it easier to... -
Ocado to deliver delayed overseas deal
Jan 31, 2017News Hour: British online supermarket Ocado said it was increasingly confident that it would deliver an overseas technology deal first targeted before the end of 2015. Partnerships with retailers in north America and western Europe are...
