Business
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Google hires Airbnb exec to commercialize self-driving cars
Aug 26, 2016News Hour: Alphabet Inc’s Google self-driving car project took a step closer to market with the hire of a top executive from Airbnb, the online vacation home rental marketplace. Shaun Stewart is joining Google as a... -
Case for interest rate hike has strengthened, Fed’s Yellen says
Aug 26, 2016News Hour: The case for a U.S. interest rate hike has strengthened in recent months because of improvements in the labor market and expectations for solid economic growth, Federal Reserve Chair Janet Yellen said on Friday.... -
Uber wins halt to NY price-fixing lawsuit during appeal
Aug 26, 2016News Hour: A federal judge on Friday granted a request by Uber Technologies Inc and its chief executive Travis Kalanick to put a price-fixing lawsuit against them on hold, while they appeal his denial of their... -
Wall Street declines after Fischer’s hawkish stance on rates
Aug 26, 2016News Hour: Wall Street reversed course to trade lower on Friday afternoon after hawkish comments from Federal Reserve Vice Chair Stanley Fischer raised the specter of a rate hike as soon as next month. Fischer’s comments... -
Declining inventories crimp U.S. second-quarter growth, consumer spending surge
Aug 26, 2016News Hour: U.S. economic growth was slightly more tepid than initially thought in the second quarter as businesses aggressively ran down inventories, offsetting a spurt in consumer spending. Gross domestic product expanded at a 1.1 percent... -
IFC partners with Eurobank in Greece to boost international trade
Aug 26, 2016News Hour: IFC, a member of the World Bank Group, is providing a €100 million trade finance facility to Eurobank, a leading Greek bank, as part of IFC’s Global Trade Finance Program (GTFP), marking the first... -
Huawei launched Eid offers on its smartphones for Bangladeshi customers
Aug 24, 2016News Hour: To make the upcoming EID more delightful for Bangladesh’s customers, Huawei has launched ‘Eid Jampesh Offer’ on its smartphones. As part of the offer, Huawei is offering discount and attractive gift items on selected... -
Pickaboo.com organizes the largest online mobile fair in Bangladesh
Aug 24, 2016News Hour: Ahead of Eid, e-commerce site Pickaboo.com has again launched Bangladesh’s biggest mobile fair. The completely web-based fair will begin on August 25. Marking the fair, Pickaboo is giving unbelievable discounts and exciting offers on... -
Asian markets slipped as traders trod water
Aug 24, 2016News Hour: Most Asian markets slipped on Wednesday as traders trod water ahead of a key speech by Federal Reserve boss Janet Yellen this week, while oil suffered fresh losses on persistent glut worries, reports BSS.... -
Broader export base needed to sustain Tajikistan’s strong growth
Aug 23, 2016News Hour: Tajikistan must look to deepen its industrial base, improve the productivity of its agricultural sector, and reduce barriers to private investment to remain on a high growth path, says a new Asian Development Bank...
