p Business News | Daily sun | 2019-09-20

VW engineer jailed for emissions scandal VW engineer jailed for emissions scandal

The US investigation has led to charges against seven others in the US and sparked probes in other countries


France faces worst wine harvest since 1945 France faces worst wine harvest since 1945

"At harvests everywhere, in places where we thought there would be a little less, there's a lot less," says Jerome Despey


Samsung heir Lee Jae-yong jailed for corruption Samsung heir Lee Jae-yong jailed for corruption

Lee has been convicted of bribery in a scandal that also saw the impeachment of South Korea's former president


Nahid urges students to generate new ideals for economic development Nahid urges students to generate new ideals for economic development

He says the new generation of the country possesses world standard talents


Samsung heir Lee Jae-yong faces verdict in his bribery trial Samsung heir faces corruption verdict

Lee Jae-yong is facing accusations of bribery linked to a scandal that triggered the impeachment of South Korea's former president



Cambridge University Press reverses China censorship move Publisher reverses China censorship move

The publisher had agreed to suppress access to hundreds of its own articles that dealt with subjects sensitive to the Chinese authorities


BHP returns to profit, to sell US shale assets BHP returns to profit, to sell US shale assets

The world's largest miner recorded an annual net profit of $5.89 billion for the year to June 30 after a $6.39 billion loss in the previous period


Global markets jittery as Trump fears persist Global markets jittery as Trump fears persist

Global sentiment remains jittery on exacerbated US political uncertainty and geopolitical concerns


Walton to launch new flagship smartphone ‘Primo ZX3’ Walton to launch new flagship smartphone ‘Primo ZX3’

‘Primo ZX3’ is named ‘Selfie King’ as it is specially designed for selfie lovers to get them outstanding experience with 20 mega pixels camera


North Korea reportedly manufacturing tons of meth North Korea reportedly manufacturing tons of meth

After the UN imposed new coal sanctions on North Korea, the country has turned to illegal drugs production for an economic boost


Apex Tannery recommends 40pc cash dividend Apex Tannery recommends 40pc cash dividend

There will be no price limit on the trading of the shares of the company Sunday (August 20) following its corporate declaration


Facebook’s Mark Zuckerberg to take two months of paternity leave Zuckerberg to take 2 months' paternity leave

Zuckerberg had also taken a two-month paternity leave following the birth of his first child


China to limit overseas investments in real estate, sports China to limit overseas investments in real estate, sports

They mull to limit overseas investments in areas such as hotels, cinemas, the entertainment industry, real estate and sports clubs


Bashundhara noodles, pasta hit market Bashundhara noodles, pasta hit market

At the product launching ceremony, Bashundhara Group Chairman says they have entered the food industry to combat food adulteration and 'food politics'


Hyundai unveils new fuel cell SUV with longer travel range Hyundai unveils new fuel cell SUV with longer travel range

Hyundai Motor also plans to catch up in the eco-friendly car race with longer driving range electric vehicles


Move on to integrate Postal Cash Card with Visa, MasterCard Move on to integrate Postal Cash Card

It has also decided to tag itself with e-commerce giants Amazon and Alibaba.com to give its e-commerce service a big boost


China imposes import bans on North Korean iron, coal and seafood China imposes N Korea imports ban

The sanctions might have more of an impact on iron and seafood


Insect burgers, worms to go on sale at Swiss supermarket chain Coop Insect burgers to go on sale at Swiss supermarket

Switzerland is the first European country to authorise the sale of insect-based food items for human consumption


Japan economy revs up to 4 pct annual growth in April-June Japan economy revs up to 4 pct annual growth in April-June

On a quarterly basis, the economy grew at a 1.0 percent pace, up from 0.4 percent in the previous quarter


Arum farming brings smile to farmers in Rajshahi Arum farming brings smile to farmers in Rajshahi

Different varieties of arum are being cultivated in the region as it has become a profitable crop and its cultivation costs are low


Tata Steel UK signs new pensions deal Tata Steel UK signs new pensions deal

This announcement has come after the key commercial terms of a RAA had been agreed in principle


Teletalk set to lose subscribers for poor service: Report Teletalk set to lose subscribers for poor service: Report

The report says Teletalk subscribers are now switching over to other cell phone operators to get better services because of disruption in its network


Delhi, Washington to co-host entrepreneurship summit in Hyderabad Delhi, Washington to co-host entrepreneurship summit in Hyderabad

This year marks the first GES held in South Asia, and the event underscores our broad and enduring partnership with India


OPEC pumps more oil in July despite cut pledge: IEA OPEC pumps more oil in July despite cut pledge: IEA

Oil prices swung around $50 per barrel since the OPEC-led deal came into place


Hundreds of Cambodian maids to work in Hong Kong Hundreds of Cambodian maids to work in Hong Kong

Hong Kong is home to more than 300,000 foreign maids, mostly from the Philippines and Indonesia


Government imports onion from Egypt ahead of Eid Govt imports onion from Egypt ahead of Eid

Commerce Minister says onion price has gone up too due to flood


Tata Motors's consolidated Q1 net profit up more than 41% Tata Motors's consolidated Q1 net profit up more than 41%

The company said that its consolidated revenues for the quarter were lower by Rs.7,761 crore due to translation impact from GBP to INR


Government move to boost trade thru’ Benapole hits snag  Govt move to boost trade thru’ Benapole hits snag

A trader has to count Tk 3,000 instead of the regular port charge of Tk 500 for the import of a product after 5 pm


Toshiba shares jump as delisting fears ease Toshiba shares jump as delisting fears ease

The stock soared more than nine percent in early trading, before settling back at 293 yen at the lunch break, up 4.27 percent


Nissan to sell its electric battery business to GSR Capital Nissan to sell its electric battery business to GSR Capital

GSR, which has invested in clean technology and electric cars, is also looking to buy a substantial holding in Chile’s Sociedad Quimica Y Minera (SQM)


Bashundhara Cement signs deal with FDEE Bashundhara Cement signs deal with FDEE

Bashundhara Cement, a concern of the country’s leading business conglomerate Bashundhara Group,…


New industries to get gas connections from April next: Nasrul Hamid Industries get gas connections from April: Nasrul Hamid

He urges all businessmen and industrialists to build industries in the Special Economic Zones


Indonesia to barter palm oil, coffee for Russian fighter jets Indonesia to barter palm oil, coffee for Russian fighter jets

The EU and US have targeted Russia with sanctions for alleged meddling in the US presidential election and its annexation of Ukraine's Crimea


NBR cuts income tax for garments exports NBR cuts income tax for garments exports

The taxpayers of the international "Green Building Certificate" receiver factories provides 10 percent income tax from the fiscal


France and Germany planning a tax crackdown on American tech giants France and Germany planning a tax crackdown on Google, Facebook

“Europe must learn to defend its economic interest much more firmly — China does it, the US does it,” Le Maire says


Electric car startup Faraday Future signs factory deal Electric car startup Faraday Future signs factory deal

Faraday Future reveals only scant details about its organization and financing


Tofail sees $5bn earning form IT export by 2021 Tofail sees $5bn earning form IT export by 2021

"We will be successful as our export is being increased continuously and IT sector has huge potential along with other sectors," Tofail says


Dhaka, Hanoi for joint efforts to boost trade, investment ties Dhaka, Hanoi for joint efforts to boost trade, investment ties

Praising Vietnam’s remarkable economic development in the last decade, the State Minister stresses intensifying trade and investment between 2 nations


Toyota and Mazda to build $1.6 billion factory in United States

Toyota, Mazda to build $1.6 billion factory in US

Mazda plans to build new crossover vehicles for the US market at the plant, while Toyota will produce its Corolla model there

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