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    Purdue Pharma files for bankruptcy

    Reuters . New York | Updated at 12:00am on September 17, 2019

    OxyContin maker Purdue Pharma LP filed for bankruptcy protection Sunday night, succumbing to pressure from more than 2,600 lawsuits alleging the company helped fuel the deadly...

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    Start-ups to grab $280b in banking payments revenues by ‘25

    Reuters . London | Updated at 12:00am on September 17, 2019

    Banks are set to miss out on as much as $280 billion in revenue from their payments operations by 2025, as new start-ups muscle in and more of the business of sending money to...

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    Summer ranges lift H&M’s sales but at a price

    Reuters . Stockholm | Updated at 12:00am on September 17, 2019

    The popularity of its summer ranges helped Sweden’s H&M enjoy its strongest sales growth in three years in local-currency terms but its shares slipped on Monday on concerns over...

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    TCB to begin truck sales of onion in city today

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 12:00am on September 17, 2019

    To enable the consumers heave a sigh of relief, the Trading Corporation of Bangladesh (TCB) is set to sell onion in a subsidised price from today in the capital in the wake of overnight surge of...

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    Attack on Saudi leaves world without spare oil capacity

    Reuters . London | Updated at 12:00am on September 17, 2019

    The strike on the heartland of Saudi Arabia’s oil industry, including damage to the world’s biggest petroleum-processing facility, has driven oil prices to their highest level in nearly...

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    Banks board reluctant to take effective risk management programme: study

    Staff Correspondent | Updated at 12:00am on September 17, 2019

    The board of directors and top management of banks are yet to understand the need of effective risk management programme as they consider it merely a regulatory mandate, according to...

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    Stocks rise for 3rd day amid Kamal’s brainstorming meeting

    Staff Correspondent | Updated at 12:00am on September 17, 2019

    Dhaka stocks increased for the third day on Monday as investors continued buying shares amid the finance minister AHM Mustafa Kamal’s meeting with the financial market regulators and...

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    Government to bring better companies to stock market to overcome challenges: Kamal

    Staff Correspondent | Updated at 12:00am on September 17, 2019

    Finance minister AHM Mustafa Kamal on Monday said that the government would bring better companies, especially the state-run ones, to the country’s capital market to overcome the...

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    NBR asks field offices to issue e-BIN within 3 days of plea submission

    Jasim Uddin | Updated at 12:00am on September 17, 2019

    The National Board of Revenue has instructed its field offices to issue online business identification number within three working days of getting application from businesses to...

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    July trade deficit eases by 15.6pc

    Staff Correspondent | Updated at 12:00am on September 17, 2019

    Country’s trade deficit dropped by 15.6 per cent or $181 million in July, the first month of the current fiscal year, compared with that in the same month of last fiscal year due mainly to...

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