Templates by BIGtheme NET
Home / Business (page 2)

Business

Microsoft tops $1 trillion as it predicts more cloud growth

Microsoft Corp on Wednesday briefly topped $1 trillion in value for the first time after executives predicted continued growth for its cloud computing business. The Redmond, Washington-based company beat Wall Street estimates for quarterly profit and revenue, powered by an ...

Read More »

Iran’s tea exports rise by 2.3 pct in value annually

Tehran, April 29 : Iran exported 16,326 tons of tea worth 19 million U.S. dollars to 37 countries in the last Iranian year from March 2018-2019, Eghtesadonline reported on Sunday. The figures registered a 11.4-percent rise in weight and 2.3-percent ...

Read More »

Imposing higher taxes on tobacco products stressed

Anti-tobacco campaigners and academics here today demanded that the government impose higher tax on tobacco products — both smoking and smokeless — to increase the prices so that people are discouraged from using them. They also demanded reducing the price ...

Read More »

Uber aims for $90bn stock market debut

The taxi-app firm has said that its shares will be priced at between $44 and $50 each, with the share issue set to raise about $10bn. As part of the offer it will sell $500m worth of shares to payment ...

Read More »

Amazon has posted a fourth successive quarter of record profit

The online retailer and cloud computing provider said net profit more than doubled to $3.56bn (£2.76bn), beating analyst estimates. Revenue growth slowed, however, in part because of weaker sales outside the US. Sales rose 17% to $59.7bn. It expects sales ...

Read More »

Britain breaks coal-free power record over Easter weekend

Britain has broken its record for the longest continuous period without generating electricity from coal. National Grid said that the coal-free period lasted more than 90 hours before coming to an end on Monday afternoon.It is the longest period since ...

Read More »

Rubana takes office as first female president of BGMEA

Rubana Huq took the charge of the office of BGMEA president on Saturdayas the first female business leader to steer the trade body for the next two years. Outgoing President Md Siddiqur Rahman handed over the charge to Rubana at ...

Read More »

1,100 Jet Airways pilots decide not to fly from Monday: Report

Around 1,100 pilots belonging to crisis-hit Jet Airways’ pilots body National Aviator’s Guild (NAG) have decided not to fly from 10 am on Monday in protest against “non-payment of salary dues”, a source said on Sunday. The pilots along with ...

Read More »

China’s auto show highlights electric ambitions

This year’s Shanghai auto show highlights the global industry’s race to make electric cars Chinese drivers want to buy as Beijing winds down subsidies that promoted sales. Communist leaders are shifting the burden to automakers by imposing mandatory sales targets ...

Read More »

JetBlue to launch flights to London

US airline JetBlue has announced that it will launch its first transatlantic services in 2021, with flights from New York and Boston to London. The 20-year-old company says the transatlantic market suffers from poor competition and high fares, especially in ...

Read More »