US trade deficit widens in April

The US trade gap widened in April for the second straight month as Americans bought more imported consumer goods, the Commerce Department reported Friday.
3 June 2017, 18:00 PM

Canada exports to US hit record high

Canada's trade deficit narrowed in April to Can$370 million (US$274 million), as exports to the United States hit a record high, the government statistical agency announced Friday.
3 June 2017, 18:00 PM

Apple set to expand Siri, taking different route from Amazon's Alexa

Apple Inc is expected to announce plans next week to make its Siri voice assistant work with a larger variety of apps, as the technology company looks to counter the runaway success of Amazon.com Inc's competing Alexa service.
3 June 2017, 18:00 PM

Big US companies stay on White House panel despite climate jolt

Several major US companies, including Wal-Mart Stores Inc, JP Morgan Chase & Co and IBM Corp, on Friday said their CEOs will remain in an influential presidential advisory group despite objecting to President Donald Trump's withdrawal from the Paris climate accord.
3 June 2017, 18:00 PM

Air India privatisation very difficult without debt write-off: India's economic adviser

Privatising state-owned airline Air India will be "very difficult" unless the government writes off at least part of its debts, a senior government economic adviser said on Friday after a top policy panel recommended selling off the carrier.
3 June 2017, 18:00 PM

Toyota sells all shares in Tesla as their tie-up ends

Toyota Motor Corp said on Saturday it had sold all shares in Tesla Inc by the end of 2016, having canceled its tie-up with the US luxury
3 June 2017, 18:00 PM

Bitcoin exchange Coinbase seeks new funds at $1b valuation

Bitcoin exchange Coinbase Inc is in talks with potential investors on a new round of funding at a valuation of more than $1 billion, the Wall Street Journal reported on Friday.
3 June 2017, 18:00 PM

German inflation tumbles in May

Inflation in Germany, Europe's largest economy, fell back in May, official figures showed on Tuesday, as the volatility seen in the headline
31 May 2017, 18:00 PM

Saudi Aramco-Hyundai in $5.2b shipyard deal

Saudi Aramco is to build the region's biggest shipyard in a $5.2 billion joint venture with South Korea's Hyundai Heavy Industries and others, the partners said on Wednesday.
31 May 2017, 18:00 PM

US fines Deutsche Bank $41m over money laundering violations

The US Federal Reserve on Tuesday fined German financial giant Deutsche Bank $41 million over failures to screen billions of dollars in potentially suspicions transactions.
31 May 2017, 18:00 PM

Weaker gas prices pull down profits: Gazprom

Russian gas giant Gazprom on Wednesday announced a drop in first-quarter profits on the back of weaker gas prices in Europe, but the damage for the energy mammoth was less than expected.
31 May 2017, 18:00 PM

India sugar output expected to jump on decent monsoon

India's 2017/18 sugar production will likely jump a quarter from the previous year to 25 million tonnes as decent monsoon rains are forecast, the head of an industry body told Reuters.
31 May 2017, 18:00 PM

Spanish taxis go on strike against Uber, Cabify

Thousands of Spanish taxis went on strike in Madrid and Barcelona on Tuesday to protest against ride-hailing companies such as Uber and Cabify.
31 May 2017, 18:00 PM

Layoffs rile India's flagship IT sector

Experienced Indian techie Raghu Narayanaswamy lost his job recently and fears he may not get another, as analysts warn of massive layoffs across the country's multi-billion-dollar information technology sector.
31 May 2017, 18:00 PM

Android software creator unveils 'Essential' phone

A creator of the Android software powering smartphones around the world steps into the hardware market with a handset that promises to tackle the clutter, complexity and rapid obsolescence of current devices.
31 May 2017, 18:00 PM

Modi urges Spanish firms to invest in India

Indian Prime Minister Narendra Modi on Wednesday urged Spanish firms to invest in India, saying the fast-growing country offered
31 May 2017, 18:00 PM

Canada Q1 economic growth leaps to 3.7pc

Canada's economy roared back to life in the first three months of this year, as more business and household spending pushed growth to 3.7 percent, the government's statistical agency announced Wednesday.
31 May 2017, 18:00 PM

Toyota uses open-source software in new approach to in-car tech

Toyota Motor Corp on Wednesday said the infotainment system of its revamped Camry sedan to be sold in the United States will run on a Linux-based, open-source technology platform as it tries to keep up with tech firms in developing software for cars.
31 May 2017, 18:00 PM

China factories hum in shadow of debt risk

China's industrial engine cranked up again in May, reassuring investors worried about slowing growth in the world's second-biggest economy as it grappled with debt risks and tried to shake off a stinging ratings downgrade from Moody's Investors Service.
31 May 2017, 18:00 PM

Evolving with enterprise applications

Companies in Bangladesh have been familiar with enterprise resource planning (ERP) for about two decades. ERP is business process
24 May 2017, 18:00 PM