EU toughens safety rules for online retailer Shein

The company joins Facebook, TikTok, X, YouTube and others on a list of "very large online platforms" which have more than 45 million monthly active users in the European Union
27 April 2024, 06:47 AM

Airbus net profit soars 28% in first quarter

Airbus' net income in the first three months rose to 595 million euros ($637 million) while revenue grew nine percent to 12.8 billion euros
27 April 2024, 06:35 AM

Microsoft, Google earnings shine as AI drives revenue

Alphabet reported profit of $23.7 billion on revenue of $80.5 billion, Microsoft's revenue was $61.9 billion, with net profit up by 20 percent to $21.9 billion
27 April 2024, 05:57 AM

Meta profits soar but costs of AI cause worry

The rise in sales and profit continued Meta's rebound of 2023, which came thanks to drastic cost-cutting, including massive layoffs
25 April 2024, 08:16 AM

Heidelberg Bangladesh’s sales drop, but profit rises

The company gives credit to fall in administration, distribution costs and selling expenses
24 April 2024, 15:01 PM

Beijing powers up into car wars battleground

The Chinese market alone is crucial: it’s the world’s biggest with sales of 22 million vehicles last year, according to the China Passenger Car Association
24 April 2024, 11:14 AM

Tesla profits tumble but shares rise on new vehicle plan

Tesla reported a big drop in quarterly profits Tuesday amid an increasingly cutthroat electric vehicle market
24 April 2024, 06:34 AM
23 April 2024, 15:41 PM

Chinese SBS Zipper to invest $20 million in Bepza economic zone

The company will produce annually 271 million pieces of zipper and accessories
23 April 2024, 14:06 PM

FBCCI to establish joint business council with Qatar Chamber

The council will strengthen economic ties and cooperation
23 April 2024, 12:58 PM

Depositors’ money in merged banks will remain completely safe: BB

Accountholders of merged banks will be able to maintain their respective accounts as before
23 April 2024, 12:14 PM

India's sugar demand surges in heat wave and election season

Consumption of cold drinks and ice cream, and as a result demand for sugar, rises in India during the summer months roughly from mid-March to mid-June
23 April 2024, 09:13 AM

Apple's Q1 phone sales in China fall 19.1%, Huawei's up 70%

Apple's China smartphone market share fell to 15.7 percent in the fist three months of the year from 19.7 percent in the first quarter of 2023
23 April 2024, 08:48 AM

Tesla earnings a 'moment of truth' for Musk after stumbles

The electric car maker, which enjoyed scorching growth for most of 2022 and 2023, has experienced setbacks that analysts say have raised the stakes for the first-quarter report
23 April 2024, 07:48 AM

Boeing expects slower increase in 787 production rate and deliveries, memo says

Boeing still plans to steadily increase its rate to meet "strong demand," according to the memo seen by Reuters from Scott Stocker, 787 vice president and general manager
23 April 2024, 06:28 AM

Will a 6-day workweek for executives help Samsung avert crisis?

Samsung Group’s latest decision is to make the executives of its key tech affiliates — Samsung Electronics, Samsung SDI, Samsung SDS and Samsung Display — work an extra day per week as part of the group’s emergency measures to tackle ongoing business uncertainties
22 April 2024, 10:50 AM

Souring China dreams force Western financial firms to cut costs

As doubts grow about China's economic recovery and its markets lag global peers, many of the financial firms are taking a hit on their earnings and are reining in their ambitions
22 April 2024, 09:26 AM

China's BYD names electric pickup truck BYD Shark

BYD Shark will feature a plug-in hybrid system called Dual Mode Off-Road (DMO), which it developed for improving off-road driving experiences
22 April 2024, 07:34 AM

What do countries and companies want in global plastic treaty talks?

More than 200 consumer-facing companies including Unilever, PepsiCo and Walmart have joined the so-called Business Coalition for a Plastics Treaty.
22 April 2024, 05:42 AM

Administrator appointed for Sonali Life Insurance

Brig Gen (retd) SM Ferdous has already joined office: IDRA spokesperson
21 April 2024, 11:50 AM