Business

Australia took aim at firms charging consumers for tap or bankcard payments Tuesday, targeting “hefty” fees in a billion-dollar industry dominated by Visa and Mastercard. The country’s centre-left government said it would “ban debit card surcharges”...

With the return of normalcy to the RMG sector in the nation, 99.26 percent of the garment factories located in Savar, Ashulia, and Gazipur are currently operational. As of 8 this morning, no problem was recorded...

With Tehran’s missile attack on Israel earlier this month, Iran denounced on Sunday what it called a “illegal and unjustified” extension of US sanctions against its oil industry. Iran’s strike on Israel was legitimate, according to...

Samsung Electronics said Tuesday it expected third-quarter profits to jump almost three-fold, but fell short of market expectations as it struggled to leverage robust demand for chips used in artificial intelligence servers. The firm is the...

Ratan Tata, the former Tata Group chairman who put a staid and sprawling Indian conglomerate on the global stage with a string of high-profile acquisitions, has died, the Tata Group said in a statement late on...

To reassure investors about its fundamentals, the French energy company TotalEnergies has revealed plans to raise its production of gas and oil until 2030. CEO Patrick Pouyanne has a number of large-scale initiatives planned to drive...

The firm that created ChatGPT, OpenAI, raised an additional $6.6 billion in capital, increasing its valuation to $157 billion and solidifying its leadership position in the artificial intelligence industry globally. OpenAI made the historic investment, which...

AbbVie on Thursday lowered its forecast for 2024 adjusted profit, citing the impact of $82 million in milestones, and research and development expenses related to acquisitions. The drugmaker expects annual adjusted profit per share in the...

French workplace supplies provider Elis SA made an informal takeover proposal to U.S. peer UniFirst Corp, Bloomberg News reported on Thursday, citing people familiar with the matter. Massachusetts-based UniFirst approached Elis to assess its interest in...

French energy giant TotalEnergies has announced plans to increase its oil and gas production until 2030, as it seeks to reassure investors about its fundamentals. CEO Patrick Pouyanne has a raft of ambitious projects aimed at...