Nvidia may back $250b for OpenAI data centre
REUTERS
28 July 2026, 00:00 AM Global Economy
Chinese chipmaker CXMT soars 500% on stock debut
AFP, Shanghai
28 July 2026, 00:00 AM Global Economy
China industrial profits grow, but pace slows
REUTERS, Beijing
28 July 2026, 00:00 AM Global Economy
Oil prices sink as US-Iran pause fuels fresh Hormuz hopes
AFP, Hong Kong
27 July 2026, 11:59 AM Business
This wave of Trump tariffs is likely here to stay; more are coming
REUTERS, Washington
27 July 2026, 00:00 AM Global Economy

Reliance, Disney announce giant India media merger

India's Reliance Industries and Walt Disney have agreed to merge their Indian media businesses, creating a $8.5 billion entertainment giant in the world's most populous nation
29 February 2024, 06:44 AM

India seeks reforms on agriculture, disputes system at WTO meeting

India hopes to reach a deal on a key element of agricultural reform as well as the restoration of the World Trade Organization's arbitration powers at a high-level meeting in Abu Dhabi this week, its trade minister said on Wednesday
29 February 2024, 05:10 AM

Toyota's global output rises by 7% in January

Output for January increased to 740,332 vehicles, while worldwide sales rose about 11 percent
28 February 2024, 05:16 AM

Russia bans fuel exports for 6 months from March 1

Russia on Tuesday ordered a six-month ban on gasoline exports from March 1 to keep prices stable amid rising demand from consumers and farmers and to allow for maintenance of refineries in the world's second-largest oil exporter
27 February 2024, 14:31 PM

Grameen America grants $4 billion loans for women entrepreneurs in 27 US cities

It will be on course to invest $5 billion within 2030
27 February 2024, 11:21 AM

Alibaba's South Asian e-commerce giant Daraz announces layoffs in memo

Daraz Group has announced layoffs across the group to "adopt a more streamlined and agile structure", acting Chief Executive Officer James Dong said on Tuesday in an internal memo to employees reviewed by Reuters
27 February 2024, 08:23 AM

Google steps up Microsoft criticism, warns of rival's monopoly in cloud

Microsoft and Amazon have recently attracted scrutiny in Britain, the EU and the US over their market power in cloud computing
27 February 2024, 05:34 AM

Smartphone makers bet on AI to revive sales

Smartphone makers are packing their latest devices with flashy new artificial intelligence tools to reignite consumer demand
27 February 2024, 05:20 AM

Biden or Trump, hawkish economic approach on China to intensify

Despite differences between Democrats and Republicans, analysts expect Washington's approach to Beijing will only become tougher
26 February 2024, 12:51 PM

US businesses urged to invest more in Bangladesh

World Bank Alternate Executive Director Ahmad Kaykaus says at a seminar in Texas
26 February 2024, 12:10 PM

Biden or Trump, hawkish economic approach on China to intensify

Analysts expect Washington's approach to Beijing will only become tougher, whether Biden or former president Donald Trump wins another White House term
26 February 2024, 11:37 AM

Indians spending less on food, more on discretionary items

Indians are spending less on cereals, including wheat and rice, and pulses, but more on beverages, refreshments and processed food
26 February 2024, 07:44 AM

Disney, Reliance have signed binding media pact

Walt Disney and industrial conglomerate Reliance Industries have signed a binding pact to merge their media operations in India
26 February 2024, 05:27 AM

Tokyo pledges a further $4.9 billion to help TSMC expand Japan production

TSMC, which is also expanding in the US and Germany, plans to ramp up to mass production in Japan before the end of the year
26 February 2024, 05:16 AM

Europe's shoppers still shell-shocked

When a $500 Electrolux oven briefly went on sale for 1 percent of its list price in Hungary last week, within hours shoppers flooded the online store with thousands of orders.
24 February 2024, 18:30 PM

Suspicious transactions in banks

The number of suspicious transactions rose 65% year-on-year to 14,106 in FY23
24 February 2024, 12:03 PM

Bezos, Nvidia join OpenAI in funding humanoid robot startup

Bezos had committed $100 million through his firm Explore Investments LLC and Microsoft is investing $95 million, while Nvidia and an Amazon-affiliated fund are each providing $50 million
24 February 2024, 06:25 AM

Sri Lanka repays $20m Iranian oil debt with tea

"So far $20 million worth of tea has been exported to Iran under the barter trade agreement," Sri Lankan Prime Minister Dinesh Gunawardena's office said
22 February 2024, 08:04 AM

Summit Power suffers 46% drop in profit

Its profit hit Tk 221 crore in FY23, down from Tk 413 crore previous year
21 February 2024, 10:44 AM

Extend tax return filing deadline for companies: FBCCI

It wants the deadline to be extended until April 30
20 February 2024, 16:03 PM