Global Business
Daraz announces new CEO as Mikkelsen steps down
Bjarke Mikkelsen has stepped down from his role as the chief executive officer (CEO) Daraz group, citing personal reasons, the e-commerce group said in a notice on its website today
Apple bids to throw out $1 billion UK lawsuit over app store fees
The case alleges Apple charged third-party developers unfair commissions of up to 30 percent on purchases of apps or other content
Call money rate hits 12-year high
The interest rate on interbank loans reached 9.5% today, highest since 2012
3-day jewellery fair in Dhaka from Feb 8
Bangladesh Jewellers' Association (Bajus) will organise the show at International Convention City Bashundhara
India raises import duty on gold, silver jewellery findings
Indian government has increased the import duty on gold and silver findings15% from 11%, effective from January 22
Analysis / Red Sea oil tension may revive Russia-Saudi spat
The ongoing Red Sea crisis can potentially revive Russia-Saudi oil tensions, according to a Reuters analysis
Apple pays $13.6 million fine to Russia
Apple paid a $13.6-million fine to the Russian government over claims of abusing its dominant position
Garment exports to US double in five years
Overall apparel shipment rose 3.67% to $47.39 billion in 2023
Europe, Africa crude market tightens on Red Sea disruptions, China demand
Crude oil market in Europe and Africa are reacting to Red Sea crisis by tightening the market
As inflation slows, Europe Inc must show off its margin might
More companies are downgrading their earning estimation in the face of various economic and geopolitical factors
Fit at 40: the revolutionary Apple Mac in numbers
Fast forward 40 years, In 2023, Apple sold nearly 22 million Macs, including iMac desktops and MacBooks
Sony sends termination letter to Zee over $10 billion India merger
Sony has called off a $10 billion dollar merger with India's Zee Entertainment
Musk denies report his AI company secures $500 million toward $1 billion funding goal
Even with Musk's denial of any investment, xAI seeks valuation of $15 billion to $20 billion
Bank MDs prefer moving to Canada’s Begum Para after retirement
Immediate past state minister for planning Shamsul Alam says
China defies sanctions to make Russia its biggest oil supplier in 2023
Russia became China's top oil supplier in 2023, defying Western sections
What does Red Sea disruption mean for Europe's economy?
While Red Sea trade disruptions has so far had negligible effect, it might change soon
Sam Altman seeks to raise billions for network of AI chip factories
Intel, Taiwan Semiconductor Manufacturing Co and Samsung Electronics are potential partners for OpenAI
EU Commission seeks feedback on Apple offer to open up tap-and-go tech to rivals
"If Apple keeps their promise, this is a real game changer for mobile wallets."
