Lazada, the Southeast Asian arm of Chinese e-commerce firm Alibaba Group Holding, says on Friday it would replace its chief executive officer, as it battles for dominance in the fast-growing market.

Sheikh Fazle Fahim, president of the Federation of Bangladesh Chambers of Commerce and Industry, has been elected vice president of the Saarc Chamber of Commerce and Industry.

British clothing retailer Edinburgh Woollen Mill (EWM) Group has hit back after the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) threatened to blacklist the company for not paying its suppliers in the country and not responding to the calls of the association, by terming their threat “unproductive”.

United Airlines Holdings Inc said on Friday it was sharply cutting flights to Japan and South Korea, as travelers worried about the coronavirus outbreak slash ticket purchases for those destinations.

Nissan Motor Co on Thursday cut its annual operating profit forecast by 43 per cent, hit by a slump in vehicle sales and heaping more pressure on new management to fix a company still reeling from the scandal surrounding former leader Carlos Ghosn.

Nestle Chief Executive Mark Schneider will fine-tune his transformation plans with more acquisitions, he said after the Swiss food group lowered growth expectations on Thursday. The company had earlier said it will take longer than expected to hit its 2020 organic growth target despite posting its highest annual growth in four years and improved profitability.

Apple will reopen some stores in Beijing from Feb. 14 with reduced opening hours, it said on its website, while many of its other stores in mainland China will remain shut as the country continues to battle a coronavirus outbreak.

India’s rural inflation rate surged faster than urban inflation for the first time in 19 months in January, and economists are optimistic that signals something the country desperately needs - a revival in demand in the rural economy.

Tesla Inc is recalling 15,000 Model X SUVs because of a potential issue that can lead to a loss of power steering assist that could make steering harder and increase the risk of a crash.

India plans to offer around 6,000 acres (2,400 hectares) of land in Kashmir as part of a business summit planned for April or May to help the Himalayan region after withdrawing its special rights and making sweeping administrative changes.

France on Thursday said Chinese telecommunications firm Huawei would not be excluded from supplying equipment for 5G networks in the country but could be subject to restrictions and Paris may prioritise European operators.

German high-end carmaker BMW aims to slash the amount of carbon dioxide (CO2) emitted by its cars sold in Europe this year by 20 percent, its chief executive said Wednesday.

The coronavirus that spread from a seafood market in Wuhan, China to infect tens of thousands has shuttered businesses, grounded flights and killed over 1,000 people so far, mostly in China.

Samsung Electronics on Tuesday unveiled a foldable smartphone shaped like a large makeup compact and put 5G mobile network capabilities into all of its other flagship devices as it strives to retain the mantle of biggest global phone company.

More Japanese companies are shifting to merit-based pay as competition for workers heats up, but the change risks holding back the sort of blanket wage hikes the prime minister says are needed to inflate the economy.

Google and the EU have a big day in court Wednesday as the search engine giant enters a new phase of a legal saga that began a decade ago.

Singer Bangladesh recorded a 12 per cent rise in earnings for the year ending on December 31, 2019 when the company declared 77 per cent cash dividend amounting to Tk 76.8 crore for its shareholders.

Britain wants a stable relationship with the European Union for “decades to come” in financial services, finance minister Sajid Javid said on Tuesday, only to receive an instant rebuttal from Brussels.

Deutsche Bank has invited bids from Microsoft, Google and Amazon to overhaul the German bank’s outdated and fragmented technology networks, people with knowledge of the matter said.

Indian economic growth is poised to bounce back after slipping to a more than six-year low of 4.5 per cent in the July-September quarter as the government has taken measures to prop up investments and consumer demand, a top government adviser said.