Untreated phosphate dropped at the end of a conveyor belt at the Marca factory of the National Moroccan phosphates company (OCP public), near Laayoune, the...

Sweater shipment from Bangladesh is on the rise thanks to competitive pricing and longer winters in the Western world as a result of climate change,...

Private insurance major SBI Life Insurance on Thursday launched ‘Poorna Suraksha’, a one of its kind plan, which was a non-linked, non-participating, term assurance plan,...

LG will hike prices of washing machines in the U.S. after the U.S. government decision to impose steep tariffs on the imports.The Wall Street Journal...

Baidu is planning to introduce more Netflix shows to its online video platform iQiyi, said Zhang Yaqin, the president of the company, suggesting that there...

Visitors sit in front of lucky wheels made by the Japanese company Sega Sammy Creation, at the Global Gaming Expo Asia in Macau, on April...

After being on an ascent for the best part of 2017, private sector credit growth slowed down in December thanks to an increase in interest...

Prime Minister Sheikh Hasina yesterday urged local and foreign entrepreneurs to invest in Bangladesh."You all can invest here. We want to provide necessary facilities to...

State-owned Oil and Natural Gas Corp (ONGC) has borrowed Rs 4,000 crore from ICICI Bank on top of over Rs 18,000 crore it has taken...

Apple's latest iPhone X is a flop in Korea.According to industry figures Wednesday, only 400,000 iPhone Xs were sold in the two months since its...

Solar power station in Jiangsu province, China. Photo: iStockAccording to the latest data from 2017, China added more than 53GW in new installations, an increase...

Sensex scales 36k, Nifty tops 11k for first time on the IMF's GDP forecasts for India coupled with positive global cuesCreating fresh milestones in the...

Telecom operators in their meeting with regulator Telecom Regulatory Authority of India (TRAI) on Tuesday raised multiple pain points, including app-based calling, rationalisation of taxes...

Company logos of China Unicom are displayed at a news conference during the company's announcement of its annual results in Hong Kong, China March 16,...

The companies plan to work together on data, smart retail, mobile payment and data analysisFrench multinational retailer Carrefour’s China unit said on Tuesday that Internet...

Mumbai,NIIT Limited , a global leader in skills and talent development, today reported a rise of 350 percent in its PAT for the quarter ended...

According to PwC, mergers and acquisition deals soared from US$2 bln in 2016, to US$21.4 bln in 2017The mergers & acquisitions conducted by Chinese enterprises...

The government will make it mandatory to report any cryptocurrency trade over W10 million a day to financial authorities as it struggles to rein in...

Cainiao Network, the smart logistics arm of Alibaba, the world’s biggest online commerce company, is testing the potential use of self-driving trucks in Beijing, according...

Central banks, particularly in developing economies, have a special responsibility in helping to create appropriate financial institutions, said a former governor of the Reserve Bank...

Stocks ended at record highs for the fourth session in a row on Monday on sustained foreign fund inflows and persistent buying by domestic investors...

The number of visitors to South Korea dropped 22.7 percent to 13.34 million last year, the Korea Tourism Organization said Monday.The KTO said that the...

ONGC-HPCL deal to create India's first integrated oil company and it would be second buyout this fiscal after its Rs 7,738 crore acquisition of 80...

Larsen & Toubro launched the second Offshore Patrol Vessel (OPV) of a series of seven OPVs for the Indian Coast Guard at the company’s greenfield...

The Reserve Bank has called for putting in place an online trading platform on the lines of the system in the US, to sell distressed...

Robi yesterday introduced humanoid robots with artificial intelligence as customer care attendants, as part of a plan to provide better services without any human interaction.The...

Anwarul Alam, 38, has four accounts -- two for credit cards, one loan account and another salary account -- with four different banks.He has to...

The Bank of Korea raised its forecast for Korea's economic growth to 3 percent this year and 2.9 percent for next year.At a press conference...

China's Xiaomi plans to expand its Indian store network as it attempts to grab the lead in a smartphone market which Korea's Samsung has dominated...

Shanghai has secured first place in China’s top ten cities in terms of economic growth, with its GDP volume reaching the 3.01 trillion yuan (US$470...

Ping An Insurance has fully applied an artificial intelligence-based “smart customer service” system to its business, which is expected to save over ten billion yuan...

Grameen Bank is on course for record profit in 2017 in what can be described as a pat on the back to the stewardship of...

Confidence among the Japanese investors doing business in Bangladesh has improved remarkably as they think the country is a lucrative destination for their investment, according...

Telecom regulator TRAI on Friday recommended allowing mobile telephony and Internet services for passengers during air travel in the country through both satellite and terrestrial...

Oil-to-telecom giant Reliance Industries (RIL) on Friday reported its highest quarterly net profit of Rs 9,423 crore on record earnings from petrochemical business and telecom...

Will the City of London really survive Brexit by becoming the world’s cryptocurrency center? Perhaps. Can bitcoin get through its current cliff-fall crash? Possibly. Is...

Tycoon Li Ka-shing has ruled the roost in Hong Kong for the past 20 years by building a vast business empire and amassing a huge...

Ren Zhengfei, founder and CEO of smartphone maker Huawei Technologies, has issued a document critical of the poor management among leaders in the company and...

Grameenphone's women employees yesterday said a national Bangla daily is deliberately trying to tarnish the image of the mobile operator by spreading false information about...

Travelers going overseas from Korea may get a better deal if they buy tickets some five months before their intended departure dates, according to an...

China's economy grew 6.9 percent in 2017, ending the year on a positive note as official figures topped the government target of around 6.5 percent,...

There is a looming talent shortage of genetic counselors in China, said Shen Yiping, director of the medical genetics training at Harvard Medical School. Shen...

China’s promotion of the One Belt One Road Initiative will never involve geopolitical games or the formation of a destabilizing group, which differs from the...

When it comes to buying binges, China has scoured the world for investment opportunities. But one “mega-mall” with an array of high-tech goodies on offer...

Visa, the world’s leader in digital payments, today announced a survey, conducted on Indians exploring awareness and perceptions of biometric authentication confirms that consumers continue...

Uzzala Rani Sarkar had never thought of stepping into a branch of a bank and owning an account. But thanks to an agent banking outlet...

The Guangzhou municipal government has released new incentives to encourage the development of information technology, artificial intelligence and the biomedical industry (IAB), 21st Century Business...

Showing an impressive resilience, the rupee bounced back in style after a brief overnight crash and ended higher by 16 paise at 63.88 against the...

Airlines are raising their fuel surcharge amid soaring oil prices. The fuel surcharge will rise by W5,500 to W46,200 on international flights for Korean air...

The Government on Wednesday curtailed its additional market borrowing programme by 60 per cent to Rs 20,000 crore as it expects more transfers of surplus...

Korea is expected to be removed from the EU's blacklist of tax havens next week after becoming the only OECD member nation to be included...

In a move to proactively expedite action against tainted firms in the country, the Government on Monday has decided to strike off the names of...

Merrill Lynch on Tuesday offloaded shares worth Rs 1,931 crore in telecom operator Bharti Airtel, through an open market transaction.According to the bulk deal data...

Alibaba is set to launch its Silk Road headquarter in Xi’an city on Thursday as its logistics arm Cainiao signed a strategic cooperation agreement with...

Mobile users' complaints against operators, especially market leader Grameenphone, have piled up with the telecommunication regulator.The telecom watchdog set up a complaint centre in May...

KEC International Ltd. (KEC), a global infrastructure EPC major, an RPG Group Company has secured new orders of Rs. 1,095 crore from domestic and international...

Adoption of Corporate wellness program can save India Inc. income up to US$ 20 billion by 2018 through a reduction in absenteeism rate by 1.00...

The Shanghai Stock Exchange has suspended the trading of a public company suspected of speculating on the concept of blockchain technology twice in five days,...

The CITIC Group, a state-owned investment company, has signed a strategic cooperation agreement with the Tianjin government, intending to provide investment and financing of 100...

Samsung's new flagship smartphones, the Galaxy S9 and S9 Plus, will be unveiled at the Mobile World Congress in Barcelona next month, and the company...

Agencies, New Delhi Microsoft Accelerator, a global program built to empower start-ups, and Accenture Ventures, which partners with and invests in growth-stage companies that create...

Raipur: Chhattisgarh Chief Minister Raman Singh on Saturday evening left for Delhi on a 10-day business tour to Australia. The Chief Minister, who is scheduled...

The Chinese government will no longer be the monopolist of residential lands. Neither will real estate developers be the only provider of new homes, Yicai.com...

Masayoshi Son knows how to grab attention. The Softbank Group chief dominated tech headlines last year by launching the US$100 billion Softbank Vision Fund to...

Exports rose 12.36 per cent in December to $27.03 billion year-on-year on account of strong performance by sectors like engineering goods and petroleum products.Imports surged...

Automakers are scrambling to draw attention to their new electric vehicles even before they hit the market as government subsidies for the vehicles are expected...

The gap in housing prices between the swish Gangnam area of southern Seoul and the northern part of the capital has widened to a record...

China Railway Corporation, the country’s national railway operator, said it will renew its focus on promoting intelligent high-speed railway this year, Yicai.com reported.Lu Dongfu, general...

Gurmeet Singh, MD, Johnson Controls, Hitachi Air Conditioning India Ltd, talks to Sangeeta Yadav about the launch of a new series of expandable inverter ACs...

The Government is exploring options of absorbing Air India employees in public sector enterprises and voluntary retirement package as it moves ahead with the airline's...

Union Finance Minister Arun Jaitley on Sunday said the agriculture sector is the top priority for the Government because the country’s economic growth is not...

Hyundai on Sunday said it plans to release several new SUVs in the U.S. by 2020 to boost its sales there.Hyundai sold 685,555 cars in...

The China Banking Regulatory Commission announced a new crackdown on shadow banking, China Securities Journal reported.The document, called To Further Regulate the Market Chaos in...

Most businesses make their hiring decisions even before job interviews are over, a straw poll suggest.Job portal Saramin polled 194 companies, and 77.3 percent made...

Imports of U.S. beef surpassed $1 billion last year, the Korea Customs Service said on Sunday. According to customs data, imports of U.S. beef from...

The National Committee of Experts on Internet Financial Security Technology has released a high risk warning, announcing that some companies have been speculating on the...

More details have emerged concerning the troubled mainland Chinese businessman James Liang Jian-heng and his Hong Kong-born business partner, Andy Chan Kit-lung – and the...

The Reserve Bank has proposed delegating to clients the decisions regarding the quality and tenor on hedging of commodity prices and freight risk. In its...

Mumbai, Benchmark Index of Bombay Stock Exchange(BSE) rose 438.54 points or 1.28 percent to settle at 34,592.39, its record closing high on postive global cues in the...

Come February and transporters will not need separate transit passes for moving goods from one state to another as the e-way bill issued to them...

Investment by mobile operators hit a six-year low in fiscal 2016-17 after being on a descent for the past four years even though the sector's...

We’re stumbling through the fake news phase of the digital age. It’s increasingly difficult to separate fact from fiction, the authentic from the phoney, right...

Investment guru Warren Buffett likes to tuck into McDonalds and drinks Coke because he owns them. Apple honcho Tim Cook always uses his company’s products.But...

Agencies, New DelhiHosting India as the second largest participating company, Union Textile Minister Smriti Irani inaugurated world’s biggest fair for interior textiles – Heimtextil this...

Companies and service providers will no longer be allowed to charge customers for using a credit or debit card under a new law coming into...

Taxify, Uber’s upstart European-based rival, is looking to expand during the coming year outside of the biggest cities in the more than 20 countries where...

The pound has surged to its highest value against the dollar since the Brexit vote after reports that Spain and the Netherlands are prepared to...

Nothing like a good political controversy over a big corporate takeover battle to liven up the new year, and the tilt at engineering giant GKN...

Super Thursday! That’s what they call it on planet retail. Except there wasn’t much that was super about it. These events – that see a bewildering...

British workers only need to compare their payslips with their bills to understand that the fruits of economic growth in this country are not being...

Massive investments in Pakistan are expected through the Pakistan-China corridor that will increase Pakistan's annual growth to 7 per cent during the next two years. This...

Sir Richard Branson’s Virgin Care saw a 50 per cent rise in revenues to £200m in its latest financial year, helped by a series of...

The eurozone unemployment rate has fallen to a new eight-year low, confirming the single currency area’s cyclical recovery after years of stagnation and rolling financial...

Starting salaries rose last month amid a further decline in the availability of staff, especially nurses and other medical employees, recruitment agencies have reported.A survey...

Warren Buffett isn’t buying the cryptocurrency craze.“I can say with almost certainty that they will come to a bad ending,” the Berkshire Hathaway CEO said...

New software designed to make computers mine an alternative to bitcoin and send it to a university in North Korea has been discovered by security...

More than 5.5 million energy customers switched electricity supplier last year, marking a new record and suggesting that more people are becoming savvier about the...

It’s the statistics that really damn the spread betting industry, and one in particular. According to the latest “dear CEO” letter from the Financial Conduct Authority...

Lidl has declared that it shifted 600 tonnes of a cruciferous vegetable – sprouts – that many of us find every bit as toxic as...

Eleven men were charged in a Singapore court on Tuesday in connection with a large-scale oil theft at Shell's biggest refinery, while police said they...

 The Sri Lanka Association of Inbound Tour Operators (SLAITO) and The Hotel Association of Sri Lanka (THASL) in a joint announcement on Monday appreciated the...

Following an order from the Sri Lanka Ports Authority (SLPA) to stop construction of part of the LAUGFS LPG import and export terminal in Hambantota,...

Sri Lanka Tourism Promotion Bureau (SLTPB) Chairman Udaya Nanayakkara on Wednesday vacated his post on the orders of Tourism Minister John Amaratunga. “I have no intention...

The Sri Lankan government has called for Expressions of Interest (EOI) from local and international businesses to operate scheduled domestic flights to key tourism destination...

Sri Lanka’s Road Development Authority (RDA) on Tuesday announced changes in traffic movements owing to the commencement of work on the new Kelani Bridge project.The...

Lanka Energy Fund, a part of HNB Group with thermal and renewable energy projects in Sri Lanka, Bangladesh and Nepal, saw its Initial Public Offering...

 The Sri Lanka Association of Inbound Tour Operators (SLAITO) and The Hotel Association of Sri Lanka (THASL) in a joint announcement on Monday appreciated the...

Jetwing Symphony Ltd which opened trading at the Colombo Stock Exchange (CSE) on Friday following its Initial Public Offering last month is set to start building...

The Planters’ Association of Ceylon (PA) has appointed Lalith Obeyesekere as its Secretary General, effective January 1. A respected, plantation industry professional and an active...

When the Meltdown and Spectre exploits were discovered earlier this week, it sent the tech industry into a tizzy, patching and trying to hotfix the...

Mercedes-Benz said Monday it had defended its top spot as the world's biggest luxury carmaker in 2017, with a surge in sales, particularly in China,...

The US dollar continues to appreciate against the taka although the central bank injected more than $1.11 billion into the market so far in fiscal...

This past Christmas, people in Germany experienced the true season of giving, thanks to their government. The general public didn’t have to pay any electricity...

To say that the computing world has been rocked to its core over this past week would be an understatement, given the revelations of how...

As promised, Apple's discounted battery replacement program for older iPhones is currently underway.iFixitIt's a move taken by the Cupertino giant apologized to its consumers, promising...

Drones might be a touchy topic in India right now, between how much convenience they can bring in the public sector versus how much harm...

This past Christmas, people in Germany experienced the true season of giving, thanks to their government. The general public didn’t have to pay any electricity...

Under a resettlement deal struck with the Obama administration in 2016, the US agreed to take up to 1,250 refugees.President Donald Trump called the deal...

China began construction of a logistics base in Djibouti last year. It will be used to resupply navy ships taking part in peacekeeping and humanitarian...

This past Christmas, people in Germany experienced the true season of giving, thanks to their government. The general public didn’t have to pay any electricity...