Business - NsNewsWire

India and Bangladesh sign two Memorandum of Understanding for implementation of development projects in Madaripur

DHAKA, Nov. 27 (NsNewsWire) –The government of India will be funding a number of projects in Madaripur district at a total cost of Taka 2,30,00,000 (Taka two core thirty lac). To this effect, India and Bangladesh signed two MoUs (Memorandum of Understanding) in Madaripur on 27 November 2016 in the presence of Mr. Shajahan Khan, […]

China industrial profit growth accelerates to 9.8 pct

BEIJING, Nov. 27 (Xinhua) — China’s combined industrial profits rose 9.8 percent year on year in October, up from 7.7 percent registered in September, official data showed Sunday.The acceleration was attributed to faster growth of sales revenue, rising producer prices and the strong profit growth in chemical, coal and general equipment sectors, the National Bureau […]

Britain’s economy affected by historic events, say statistics experts

LONDON, Nov. 27 (NsNewsWire) — Historic events in Britain left their mark on the country’s economy, a study by the Office for National Statistics (ONS) has revealed on Friday. ONS studied landmark events to gauge what impact they had on Britain’s Gross Domestic Product (GDP), reports Xinhua. An ONS spokesman said: “Events in recent history […]

Feature: Black Friday online sales surge for U.S. brick-and-mortar retailers

NEW YORK, Nov. 26 (NsNewsWire) — To Kenny Sun’s surprise, it took him only about one hour or so to buy and return an iPad 4 at a local flagship store of Best Buy, a major U.S. consumer-electronics retailer, in the morning of 2016’s Black Friday, a day used to be frenzy and chaotic for […]

Myanmar to upgrade livestock and fisheries sector for more export to EU market

YANGON, Nov. 26 (Xinhua) — Myanmar will implement an upgrading program for the country’s livestock and fishery sector in cooperation with European Union (EU) and German state-owned organization GIZ, according to the ministry of agriculture, livestock and irrigation of Myanmar Friday. U Khin Maung Maw, a director general from Myanmar’s fishery department and Dr. Pefra […]

U.S. dollar falls on profit-taking

NEW YORK, Nov. 26 (NsNewsWire) — The U.S. dollar declined against most major peers on Friday after investors took profits from recent gains. The dollar index, which measures the greenback against six major peers, had been up over 3 percent in the past two weeks, amid rising expectations for an interest rate-hike by year-end, reports […]

Chinese yuan weakens to new 8-year low against USD

BEIJING, Nov. 25 (Xinhua) — The Chinese currency, the renminbi or the yuan, continued to depreciate Friday against the U.S. dollar to hit its weakest point since June 2008. The central parity rate of the Chinese yuan weakened for the third straight trading day by falling 83 basis points to 6.9168 against the U.S. dollar […]

Uber China to shut old app interface, drivers merged

BEIJING, Nov. 25 (Xinhua) — Uber China will shut its old mobile app interface this weekend, to be replaced by a new one that integrates its functions and the drivers’ pool with Didi Chuxing four months after the merger, a company spokesman said Friday. Didi acquired Uber’s China operations in August and became the No.1 […]

Samsung Electronics opens new Brand Shop in Rampura.

Dhaka, Nov. 24 (NsNewsWire) — Samsung Electronics Bangladesh has opened a new Brand Shop into cater the needs of people of Rampura and adjacent areas with genuine Samsung products under one roof. The location of the brand shop is in 360 East Rampura, D.I.T Road, Dhaka-1219. The 1,200 sq ft shop, is showcasing the entire […]