Business News | Daily sun | 2019-08-24

As iPhone sales sputter, Apple moves toward reinvention, again As iPhone sales sputter, Apple moves toward reinvention, again

Apple is preparing to launch its branded credit card in August that ties into its digital wallet


Haats start sprouting with cattle-traders set to converge on capital Haats start sprouting with cattle-traders set to converge on capital

Visiting different cattle markets in the city, the UNB correspondent found that structures for keeping the cattle are being prepared in the makeshift cattle markets


Accord’s new conditions harm apparel industry: BGMEA President Accord’s new conditions harm apparel industry: BGMEA President

BGMEA President Rubana Huq on Saturday said new fire safety related conditions being imposed by Accord is harming the apparel industry


Trump says new agreement with EU will boost beef exports Trump says new agreement with EU will boost beef exports

The signing of the agreement comes the day after Trump increased pressure on China to reach a trade deal by saying he will impose 10pc tariffs September


United Commercial Bank signs agreement with a2i project United Commercial Bank signs agreement with a2i project

Under this agreement, UCB will provide financial services to the unprivileged  people in the rural areas through Union & City Digital Centres


Japan to strike South Korea off trusted export list as rift deepens Japan to strike S Korea off trusted export list

The trade spat has been fuelled by a diplomatic dispute over compensation for wartime labour


US accuses Chinese billionaire of evading $1.8bn in tariffs Chinese billionaire 'evaded $1.8bn in US tariffs'

The newspaper says the 55-year-old is believed to be in China, which does not have an extradition treaty with the US


BMW profits drop on spending for new tech BMW profits drop on spending for new tech

The company says Thursday vehicles sales and revenue increased in the April-June period and that it was sticking with its profit forecast for the year


UK's no-deal Brexit plans to get £2.1bn boost UK's no-deal Brexit plans to get £2.1bn boost

The plans include more border force officers and upgrades to transport infrastructure at ports


Huawei still number two smartphone seller despite US sanctions Huawei still number two smartphone seller despite US sanctions

Analyst Tarun Pathak at Counterpoint said however the US ban on technology sales to Huawei will have an impact in the coming months


Bangladesh Bank has ‘no data on remittance outflow’ BB has ‘no data on remittance outflow’

Bangladesh Bank does not maintain any data on remittance outflow although it has updated data on remittance inflow


VG Siddhartha: Cafe Coffee Day tycoon's body found Indian coffee tycoon VG Siddhartha's body found

VG Siddhartha went missing on Monday after apparently walking away from his car and driver


Bangladesh Bank to unveil MPS on Wednesday BB to unveil MPS on Wednesday

Bangladesh Bank  is set to announce its flagship monetary policy statement for the first half of the current 2019-20 financial year


Huawei sees trouble ahead despite revenue rise Huawei sees trouble ahead despite revenue rise

The US blacklisted the firm in May, restricting its ability to trade with US companies


Capital One data breach hits 100m in US Capital One data breach hits 100m in US

Capital One is a major credit card issuer in the US and also operates retail banks


VG Siddhartha: Cafe Coffee Day owner goes missing near river Search on for missing India coffee chain tycoon

Mr Siddhartha is the son-in-law of SM Krishna, who is a former chief minister of the southern state of Karnataka


Businesses demand infrastructure development of Benapole Port Businesses demand infrastructure development of Benapole Port

The port collected Tk 4,040 crore revenue against a target of Tk 5,443 crore in 2018-19 FY


Stocks witness flat on lower transactions Stocks witness flat on lower transactions

The Chittagong Stock Exchange (CSE) closed the day of the week with upward trend with its major CASPI 3.02 points up at 15,716.78


Don’t harass businessmen during VAT collection: NBR chief Don’t harass businessmen during VAT collection: NBR chief

 National Board of Revenue (NBR) Chairman Mosharraf Hossain Bhuiyan on Saturday asked his officials…


Ofcom fines Russian news service £200,000 over impartiality Ofcom fines Russian news service £200,000

Ofcom has instructed RT, formerly Russia Today, to broadcast a summary of its findings


Nissan to cut 12,500 jobs worldwide Nissan to cut 12,500 jobs worldwide

It comes as the firm tries to shore up its finances amid weakening sales


Biman welcomes third Dreamliner 787-8 Biman welcomes third Dreamliner 787-8

The aircraft landed at Hazrat Shahjalal International Airport in the city at 5:04 pm, said an official press release


Business leaders’ carnival to be held in Dhaka Sept 14 Business leaders’ carnival to be held in Dhaka Sept 14

Society for Leadership Skills Development (SLSD) and AN AFFAIRS will jointly organise the event


Construction of country’s biggest urea factory starts in August Construction of country’s biggest urea factory starts in August

Construction of Ghorashal-Polash Urea Fertilizer Factory will begin in the next month (August) as all preparations have already been taken


Boeing warns it may stop 737 Max production Boeing warns it may stop 737 Max production

Five months earlier, 189 people were killed when a Boeing 737 Max operated by Lion Air crashed


bKash offers up to 20pc cashback on Eid shopping bKash offers up to 20pc cashback on Eid shopping

bKash brings various offers in different segments from 18 July to 12 August, 2019. But offers for restaurants and Cafés will be valid till 18th August


BB relaxes loan rules for flood-hit farmers BB relaxes loan rules for flood-hit farmers

The central bank issued a circular in this regard, including a set of measures favouring the agricultural loan borrowers


‘Nagad’ free account opening service at GPO ‘Nagad’ free account opening service at GPO

On the occasion of National Public Administration Day-2019, the postal department organized a programme…


Nissan to cut over 10,000 jobs worldwide: report Nissan to cut over 10,000 jobs worldwide

The cuts come after Nissan announced in May it would trim 4,800 jobs from its global workforce of around 139,000


Bashundhara cement to be used in Meghnaghat power project Bashundhara cement signs deal with Chinese company NEPC

Bashundhara Group Managing Director Sayem Sobhan Anvir and NEPC Project Material Purchasing Manager Xie Jing signed the deal


Transport leaders demand ending police harassment on roads Transport leaders demand ending police harassment on roads

“Police sergeants harass them in the pretext of checking vehicle documents and driving licenses” 


Trump meets with chipmakers on Huawei, other economic issues Trump meets with chipmakers on Huawei

Huawei is embroiled in a trade dispute between China and the US


No compromise on quality service’, says BTRC chairman No compromise on quality service’, says BTRC chairman

The Quality of Service Regulation has already been issued to verify if the relevant standards with regards to services of the operators meet best practices


Rickshaw puller gets Tk 1m purchasing Walton fridge Rickshaw puller gets Tk 1m purchasing Walton fridge

A check of Tk 10 lakh was handed over to him at a program held in front of the Swarupkathi municipal Bhaban in the area on July 18


7 entrepreneurs win Colors Platinum Business Women Awards   7 entrepreneurs win Colors Platinum Business Women Awards

The programme brought together dignitaries and corporate, showbiz and media personalities, said a press release on Sunday


Profits of China's cement industry hit 80 bln yuan in H1 Profits of China's cement industry hit 80 bln yuan in H1

Real estate investment maintained rapid growth by increasing 10.9 percent year on year in H1, the data shows


Shop owners’ platform decides to get firmer against tobacco products Shop owners’ platform decides to get firmer against tobacco products

The keynote paper on the needful to prohibit tobacco industry promotions, along with the ‘Big Tobacco, Tiny Target, Bangladesh’ survey report were presented by Md Mukhlesur Rahman, Assistant Director and Tobacco Control Project Coordinator of Dhaka Ahsania Mission


Coal-dependent Poland to compensate industry for carbon costs Poland to compensate industry for carbon costs

Heavily dependent on polluting coal, Poland’s power stations have faced rising costs to purchase pollution rights under the EU’s emissions trading scheme


No-deal Brexit could cause £30bn economic hit, watchdog says No-deal Brexit could cause £30bn economic hit

The Office for Budget Responsibility (OBR) says borrowing would be almost £60bn if the UK leaves without a deal - up from £29.3bn if it does get a deal

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