• Images

    MNP service rolls out from midnight

    Staff Correspondent | Updated at 12:00am on September 30, 2018

    Long-awaited mobile number portability service is set to roll out at 12:00am on Monday as per a decision of Bangladesh Telecommunication Regulatory Commission....

  • Images

    Global M&A volume drops in Q3 as trade tensions loom

    Reuters . New York/London | Updated at 12:00am on September 30, 2018

    Global mergers and acquisitions dropped to $783 billion in the third quarter, down 35 per cent from the prior quarter, as the escalating trade dispute between the United States and China cast a shadow on the financial and regulatory prospects of some deals....

  • Images

    Saudi Arabia expects $11b inflows from JP Morgan bond index entry

    Reuters . Dubai | Updated at 12:00am on September 30, 2018

    Saudi Arabia said it expects inflows of around $11 billion into the country’s debt as a result of the inclusion of its international bond issues in JP Morgan’s emerging markets bond indexes....

  • Images

    Flying on one engine, global growth exposed to turbulence

    Reuters . Paris | Updated at 12:00am on September 30, 2018

    With growth in many European, Asian and emerging markets mostly uninspiring, the United States is increasingly the main motor behind the global economy...

  • Images

    China cenbank says will maintain ample liquidity as trade row threatens economy

    Reuters . Beijing | Updated at 12:00am on September 30, 2018

    China’s central bank pledged to maintain its ‘prudent and neutral’ monetary policy and to use multiple tools to keep liquidity ample, as the world’s second-biggest economy comes under increasing pressure from a heated trade dispute with the United States...

  • Images

    India’s debt-laden IL&FS seeks funding from lenders to fulfill credit dues

    Reuters . Mumbai | Updated at 12:00am on September 30, 2018

    India’s Infrastructure Financing and Leasing Services Ltd (IL&FS) said on Saturday it plans to seek funding from lenders to meet its credit obligations, as it scrambles to cut its debt pile following a series of defaults and credit downgrades in recent weeks....

  • Images

    US trade judge declines to block iPhone imports

    Reuters | Updated at 12:00am on September 30, 2018

    A US trade judge on Friday declined to block the importation of Apple Inc iPhones with chips from Intel Corp, handing a major defeat to Qualcomm Inc in its high-stakes legal dispute with the iPhone maker....

  • Images

    Tesla’s Musk may settle SEC lawsuit but ready for fight: sources

    Reuters | Updated at 12:00am on September 30, 2018

    Tesla Inc’s Elon Musk could settle with US regulators who have sued to remove him from the electric carmaker’s leadership, but he is prepared to fight the securities fraud lawsuit against him in court, sources said on Friday as shares plunged about 14 per cent....

  • Images

    US consumer spending rises, monthly inflation moderates

    Reuters . Washington | Updated at 12:00am on September 30, 2018

    US consumer spending increased steadily in August, supporting expectations of solid economic growth in the third quarter, while a measure of underlying inflation remained at the Federal Reserve’s 2 per cent target for a fourth straight month....

  • Images

    ‘We’ll know in 48 hours’: Mexico sees new hope of trilateral NAFTA

    Reuters . Washington/Mexico City | Updated at 12:00am on September 30, 2018

    Mexico on Friday said the US Trump administration and Canada were making serious efforts to resolve trade policy differences after days of bickering, raising hopes of saving the North American Free Trade Agreement as a trilateral pact....