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    How tariff hikes are squeezing the US furniture business

    Reuters . Los Angeles/Chicago | Updated at 12:00am on June 02, 2019

    When president Donald Trump decided to raise tariffs on Chinese imports earlier this month, Francis O’Brien was left with no choice but to add a...

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    SpiceJet examines taking over widebody jets previously operated by Jet

    Reuters . Seoul | Updated at 12:00am on June 02, 2019

    Indian budget airline SpiceJet Ltd is examining the prospect of taking over widebody jets previously operated by Jet Airways Ltd, but initial studies show they...

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    US justice dept prepares Google antitrust probe

    Reuters | Updated at 12:00am on June 02, 2019

    The US Justice Department is preparing an investigation of Alphabet Inc’s Google to determine whether the tech giant broke antitrust law in operating its sprawling...

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    Trade fears erase over $2t from global stocks in May

    Reuters . San Francisco | Updated at 12:00am on June 02, 2019

    Global stock markets shed over $2 trillion in value in May as the US-China trade conflict escalated, with fears of a trade-related economic slowdown intensifying...

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    Sri Lanka cuts rates to spur growth after bomb attacks

    Reuters . Colombo | Updated at 12:00am on June 02, 2019

    Sri Lanka’s central bank cut its key interest rates on Friday, as widely expected, to support its faltering economy as overall business and consumer confidence...

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    Trump vows rapid, high tariffs on Mexico

    Reuters . Washington/Mexico City | Updated at 12:00am on June 02, 2019

    US president Donald Trump, responding to a surge of illegal immigrants across the southern border, vowed on Thursday to impose a tariff on all goods...

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    Rakibul Sheikh becomes CFO of Guardian Life

    Business Desk | Updated at 12:00am on June 02, 2019

    Guardian Life has appointed Sheikh Rakibul Karim as its chief financial officer (CFO) recently, said a press release. Prior to his joining in Guardian Life,...

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    Aarong starts Eid campaign

    Business Desk | Updated at 12:00am on June 02, 2019

    Aarong —lifestyle retailer and a BRAC social enterprise — has started a campaign titled ‘Share Happiness’ recently, said a press release. Under the campaign, Aarong...

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    US, China begin collecting higher tariffs on each other’s goods

    Reuters . Washington | Updated at 12:00am on June 02, 2019

    The United States began collecting higher, 25 per cent tariffs on many Chinese goods arriving in US seaports on Saturday morning in an intensification of...

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    India plays down Trump’s GSP cut decision

    Reuters . New Delhi | Updated at 12:00am on June 02, 2019

    The Indian government said on Saturday it will continue to seek to build strong economic ties with the United States despite a decision by US...

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