More than 20,000 US organizations have been compromised through a back door installed via recently patched flaws in Microsoft Corp’s email software, a person familiar with the US government’s response said on Friday.

US central bankers on Friday signaled they do not plan to touch the dial on their super-easy policy for some time, expressing little concern over the rapid rise in US Treasury yields in recent weeks, and hope for a robust recovery.

China’s leaders said Friday they had set a target for GDP to grow more than six percent this year, as the world’s second largest economy surges out of a pandemic-induced slump.

Onion prices have started soaring in the wholesale and retail markets in Dinajpur and adjacent districts due to scarcity of the vegetable’s local variety.

Amidst heightened health consciousness for the pandemic, lemon prices are skyrocketing in its present off season, benefitting a huge number of farmers in Sylhet division, especially those in Moulvibazar’s Sreemangal upazila.

Three associations operating in the financial industry urged the revenue authority to provide tax benefit and policy support in the next fiscal year.

The Bangladesh Chamber of Industries (BCI) yesterday called for tax holiday for the cottage, micro and small industries for three years starting from the next fiscal year to help them grow.

Excess liquidity in the banking industry that ballooned because of pandemic-induced lower credit demand and an injection of funds under a massive stimulus package fell in January, the first time in eight months.

The government yesterday launched a national mobile application store in a bid to encourage local developers.

Alibaba has entered Bangladesh’s burgeoning food delivery market by purchasing HungryNaki, the country’s first on-demand delivery platform, demonstrating the Chinese multinational’s ongoing efforts to grab a bigger share of the local e-commerce market.

Bangladesh needs to reduce the cost of doing business locally to be more competitive globally in the post-LDC era as the country will face duties on exports because of the erosion of trade privileges, said a noted economist yesterday.

Disney announced Wednesday that it will close at least 60 of its North American stores this year in order to focus on its online sales activities.

Md Touhidul Alam Khan, additional managing director of Standard Bank, inaugurated a two-day workshop on “Excellence in Customer Service”, on February 24.

Britain’s competition regulator said on Thursday it has opened an investigation into Apple Inc after complaints that the iPhone maker’s terms and conditions for app developers are unfair and anti-competitive.

The White House is adding transportation and manufacturing specialists to its senior ranks as President Joe Biden prepares to lobby for a U.S. infrastructure bill that was a centerpiece of his campaign.

The European Commission on Thursday announced goals for the 27-nation bloc to reduce poverty, inequality and boost training and jobs by 2030 as part of a post-pandemic economic overhaul financed by jointly borrowed funds.

Hong Kong has been removed from an annual index of the world’s freest economies because the think-tank that compiles the league table said the city was now directly controlled by Beijing.

Most big firms are failing to ban sex harassment at work or enact policies that let mothers work flexibly, a global workplace equality index found on Thursday, highlighting the obstacles women face at work.

Banks will have to embrace digital means extensively compared to what they have adopted so far to digitalise services, or else they will be unable to keep their businesses afloat, said a top banker.

IFAD Autos is all set to make a foray into the assembling business as it is now putting together different components to build 160 luxury buses to cater to the domestic market.