Corporate

News Hour: Samsung Electronics Co Ltd may build a U.S. plant for its home appliances business, a person familiar with the matter said, the latest global firm to consider a response to criticism about imports from...

News Hour: Facebook shares bounced on Wednesday with word that profit more than doubled in the final quarter of last year, coming back down after a vow to spend heavily on the future. In earnings that...

News Hour: With the soaring popularity of its smartphones in Bangladesh, technology giant Huawei is now the 2nd largest smartphone brand in the country. Huawei’s commitment to customer satisfaction and quest for innovation has propelled the...

News Hour: Building Energy, an Italian multinational that operates as a Global Integrated IPP in the renewable energy industry, has signed a purchase agreement to acquire 4energia, an independent energy trader founded to buy electric power...

News 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%...

News 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...

News 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...

News 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...

News 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,...

News 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...