Business - NsNewsWire

Bangladesh’s 2nd largest mobile operator Robi sees revenue up 11.5 pct in Q3

DHAKA, Nov. 24 (NsNewsWire) — Bangladesh’s second largest mobile phone company Robi has reported an 11.5 percent year on year increase in revenues for the 3rd quarter of this year. The company, a joint venture between Axiata Group of Malaysia, Bharti Airtel of India and NTT Docomo Inc. of Japan, said in a statement in […]

Chinese yuan slips again as depreciation pressure remains

BEIJING, Nov. 23 (Xinhua) — The Chinese yuan slipped again on Wednesday after ending its 12-day losing streak Tuesday. The central parity rate of the currency weakened 125 basis points to 6.8904 against the U.S. dollar, according to the China Foreign Exchange Trading System. Analysts attributed the decline to lingering depreciation pressure caused by rising […]

China launches 4th data relay satellite

BEIJING, Nov. 23 (NsNewsWire) — China successfully launched the Tianlian I-04 satellite on Tuesday from the Xichang Satellite Launch Center in southwest China’s Sichuan Province. The satellite was launched on a Long March-3C carrier rocket at 11:24 p.m. Beijing time, said sources with the center, reports Xinhua. Developed by the China Academy of Space Technology […]

U.S. election outcome adds market uncertainty, says Brazil’s Central Bank

RIO DE JANEIRO, Nov. 22 (NsNewsWire) — The outcome of the U.S. presidential elections has added uncertainty to the plaguing financial markets, the president of the Central Bank of Brazil said on Monday. “The new scenario has raised international interest rates …. The threat of this scenario is the reversion of the capital flows of […]

Gold down on stronger U.S. dollar

CHICAGO, Nov. 22 (NsNewsWire) — Gold futures on the COMEX division of the New York Mercantile Exchange rose on Monday on a technical rebound and a weaker U.S. dollar. The most active gold contract for December delivery rose 1.1 U.S. dollars, or 0.09 percent, to settle at 1,209.8 dollars per ounce, reports Xinhua. The precious […]

U.S. stocks end at record highs on surging oil

NEW YORK, Nov. 22 (NsNewsWire) — U.S. stocks rallied Monday, with all three major indices setting new closing records, as investors cheered over a strong rebound in oil prices. The Dow rose 0.47 percent, and the S&P 500 added 0.75 percent, while the Nasdaq gained 0.89 percent, reports Xinhua.

Uber teams up with Grameenphone to launch in Dhaka

DHAKA, Nov. 22 (NsNewsWire) — Uber, the smartphone app that has transformed urban mobility for millions across the world, has teamed up with Bangladesh’s largest cell phone operator Grameenphone to launch its operation in Dhaka. The world’s largest on-demand mobility platform will be available in Dhaka from (today) Tuesday to offer safe, reliable and affordable […]

Facebook founder Zuckerberg calls on APEC members to join global connectivity revolution

LIMA, Nov. 20 (NsNewsWire) – In a keynote address to the APEC CEO Summit in Lima on Saturday, Facebook Chairman and CEO, Mark Zuckerberg, challenged the world to connect all people to the Internet and reap the economic benefits of doing so. With the speech titled “The Connectivity Revolution,” Zuckerberg said that, as an engineer, […]

NOVOAIR to Launch Kolkata Flight in 14 December from Chittagong

CHITTAGONG, Nov. 17 (NsNewsWire) — NOVOAIR, the leading private airline of the country will launch Kolkata flight operation from Chittagong on December 14, 2016. Mr. Mofizur Rahman, Managing Director of NOVOAIR, said on a press conference at a luxuries hotel in Chittagong. Mr. Sohail Majid, Head of Marketing & Sales and high officials of NOVOAIR […]