Miscellany

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    US adds 1.8m jobs in July, unemployment rate falls to 10.2pc

    | Updated at 10:46pm on August 07, 2020

    The US economy added just 1.8 million jobs in July, far fewer than in May and June but not as bad as some economists feared,...

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    Microsoft eyes entire operations of TikTok: report

    | Updated at 10:45pm on August 07, 2020

    Microsoft has expanded its talks on TikTok to a potential deal that would include buying the global operations of the fastgrowing video-sharing app, the Financial...

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    Chinese WeChat users fear being cut off from US friends

    Agence France-Presse . Beijing | Updated at 10:44pm on August 07, 2020

    A United States ban on the WeChat messaging platform could cut lines of communication between friends in China and America and force people to switch...

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    Travel money group Travelex cuts 1,300 UK jobs

    Agence France-Presse . London | Updated at 10:42pm on August 07, 2020

    Travelex, the currency exchange group, has axed more than 1,300 jobs in the UK, blaming the move on the financial fallout from the coronavirus pandemic...

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    Virus lockdown hits French output, trade, jobs

    Agence France-Presse . Paris | Updated at 10:41pm on August 07, 2020

    France saw coronavirus lockdown destroy 1,19,400 full-time private sector jobs in the second quarter of 2020 on top of nearly half a million lost in...

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    Instagram adds video clips in challenge to TikTok

    Agence France-Presse . San Francisco | Updated at 11:29pm on August 05, 2020

    Instagram on Wednesday added a new short-form video feature to the image-focused platform in a direct challenge to TikTok, which is in the crosshairs of...

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    Govt to review construction and wood sector workers’ wages

    Staff Correspondent | Updated at 09:37pm on August 04, 2020

    The government has formed a wage board to review the minimum wages for the workers in the country’s construction and wood sector after eight years...

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    JMI Hospital Requisite distorts financial data

    Staff Correspondent | Updated at 11:41pm on July 30, 2020

    The Bangladesh Securities and Exchange Commission on Thursday declined JMI Hospital Requisite Manufacturing Limited’s initial public offering as the company falsified and distorted financial data....

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    GM reports $758m Q2 loss

    | Updated at 11:54pm on July 29, 2020

    General Motors reported a smaller-than-expected loss Wednesday as strong pricing for some newer auto models partially mitigated the hit from much lower sales amid the...

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    Hanif becomes Republic Insurance chair, Shafiul vice-chair

    Business Desk | Updated at 11:52pm on July 29, 2020

    Mohd Hanif Chowdhury has been re-elected chairman and SM Shafiul Hoque vice-chairman of the board of directors of Republic Insurance Company Limited at its 125th...

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