Trade & Commerce

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    Alibaba hits another ‘Singles Day’ order record of $30.7b

    | Updated at 12:00am on November 13, 2018

    Chinese e-commerce giant Alibaba filled a record $30.7 billion in orders on Sunday during its annual ‘Singles Day’ shopping frenzy, but growth slowed from previous...

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    China-backed trade deal centre stage at summit as US retreats

    Agence France-Presse . Singapore | Updated at 12:00am on November 12, 2018

    World leaders will push for the rapid completion of a massive, China-backed trade deal that excludes the US at a summit this week, in a...

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    Summit Power receives ICSB gold award

    Business Desk | Updated at 12:00am on November 12, 2018

    Summit Power has been awarded the gold award at ‘ICSB National Award’ for corporate governance excellence in ‘the fuel and power companies’ category, said a...

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    Returning Cubans boost island’s real estate market

    Agence France-Presse . Havana | Updated at 12:00am on November 12, 2018

    In shorts and wearing shoes but no socks, Mauricio Garcia could pass for a tourist as he strolls around Old Havana. But he’s as Cuban...

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    Honda starts its manufacturing in Bangladesh

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 12:00am on November 12, 2018

    Bangladesh Honda Private Limited (BHL), the Japanese Honda Motor Company’s joint venture in Bangladesh, has started motorcycle manufacturing in Bangladesh at its new factory in...

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    EU envoy heads to US to clarify trade deal plans

    Agence France-Presse . Brussels | Updated at 12:00am on November 11, 2018

    The EU’s top trade negotiator Cecilia Malmstrom heads to Washington next week in an effort to nail down the parameters of a US trade deal,...

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    Happiness on three wheels: China’s parcel deliverymen

    Agence France-Presse . Beijing | Updated at 12:00am on November 11, 2018

    Deftly weaving through peak-hour Beijing traffic on a three-wheeled bike, Nan Shan has no time to chat as he races to deliver nearly 80 packages...

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    Italy vows to keep euro, big budget despite EU standoff

    Agence France-Presse . Rome | Updated at 12:00am on November 11, 2018

    Italy will not leave the eurozone, populist deputy prime minister Luigi Di Maio said on Friday, despite a standoff with Brussels over Rome’s big-spending budget.‘As...

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    Raw jute crisis hampers production in Khulna-Jashore region mills

    United News of Bangladesh . Khulna | Updated at 12:00am on November 11, 2018

    Production in nine state-owned jute mills in Khulna-Jessore region is being hampered due to crisis of raw jute while the stock of unsold jute products...

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    Bombardier to cut 5,000 jobs in restructuring

    Agence France-Presse . Montreal | Updated at 01:08am on November 10, 2018

    Canadian aircraft and transport company Bombardier will cut 5,000 jobs globally and sell off its aging turboprop line in a bid to ‘streamline’ operations, the...