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    South Korea to sweep world for Iran oil replacement

    Reuters . Seoul/Singapore | Updated at 12:00am on April 27, 2019

    South Korea will likely return to a familiar game plan to replace Iranian oil it will no longer have access to after May now that the United States intends to tighten sanctions on Iranian exports....

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    Marriot to open 7 luxury hotels in Bangladesh in next 5 years

    Shakhawat Hossain | Updated at 07:50pm on April 26, 2019

    Banking on great success of hotel Le Meridien Dhaka, Marriot International has drawn out plans to open seven new hotels in the capital and other cities in next five years to firm its grip on the country’s growing luxury hospitality industry....

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    Nokia plunges to surprise quarterly loss

    Reuters | Updated at 12:00am on April 26, 2019

    Finland’s Nokia plunged to a surprise quarterly loss after it failed to supply 5G telecoms equipment in time, and said the security dispute surrounding rival...

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    Maruti Suzuki to phase out diesel cars

    Reuters | Updated at 12:00am on April 26, 2019

    Maruti Suzuki India Ltd said on Thursday it would stop making all diesel cars beginning April next year and forecast a weak rate of growth...

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    World stocks slip, euro suffers

    Reuters . London | Updated at 12:00am on April 26, 2019

    World equity markets slipped on Thursday amid worries on global growth and as investors digested European earnings, while the Swedish crown slumped to its lowest...

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    Ex-Nissan boss Ghosn granted $4.5m bail

    Reuters . Tokyo | Updated at 12:00am on April 26, 2019

    Former Nissan Chairman Carlos Ghosn was set to walk out of a Japanese jail for a second time since his arrest last year on financial...

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    German bank merger crumbles as Deutsche Bank tie-up talks with Commerzbank end

    Reuters . Frankfurt | Updated at 12:00am on April 26, 2019

    Deutsche Bank and Commerzbank abandoned their merger talks on Thursday, with the risks of doing a deal, restructuring costs and capital demands dashing efforts to...

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    China seeks to allay fears over Belt and Road debt risks

    Reuters . Beijing | Updated at 12:00am on April 26, 2019

    China aims to make the Belt and Road initiative sustainable and prevent debt risks, its finance minister said on Thursday, seeking to allay criticism that...

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    India alleges big MNCs did not pass on tax benefits

    Reuters . New Delhi | Updated at 12:00am on April 26, 2019

    Indian tax authorities have alleged that a number of big multinational companies have not passed on benefits from a tax cut to customers, a senior...

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    NBR asks Petrobangla, 3 cos to pay Tk 2,701cr due VAT, SD

    Jasim Uddin | Updated at 12:00am on April 26, 2019

    National Board of Revenue on Wednesday served four separate notices on state-run Petrobangla and three of its companies demanding a total of Tk 2,701 crore...