Home / Business (page 20)

Business

BTRC eyes $2.8m from metrorail for 10mhz spectrum

Bangladesh Telecommunications Regulatory Commission (BTRC) is expected to earn $2.8 million revenue for allocating 10mhz spectrum to metro rail project. In this regard, BTRC has placed a proposal to posts and telecommunications division for approval it, BTRC sources said. Dhaka Mass Transit Company Ltd (DMTCL) under the ministry of roads and bridges applied for allocating 2.5GHz band spectrum on May ...

Read More »

Biman’s Dhaka-Kolkata flight suspended due to passenger crisis

Biman resumed its flights on the route on 1 November with three weekly flights. However, within a week, it suspended its operations following passenger shortage Biman Bangladesh Airlines has suspended its flight on the Dhaka-Kolkata route for indefinite period from next 12 November due to passenger crisis within a week of resumption. The fight suspension information was revealed in the notice ...

Read More »

Bentley reveals plan to go fully electric by 2030

Luxury carmaker Bentley has unveiled plans to go fully electric by 2030. Before then, the brand will be switching its model range to offer only plug-in hybrid or battery electric cars by 2026. Volkswagen-owned Bentley also aims to be completely carbon neutral across its manufacturing within a decade, BBC reported. Electric cars are growing in popularity and sales have tripled ...

Read More »

Walmart says selling Argentina operations, taking $1 bn loss

Walmart said Friday it is selling its operations in Argentina to Grupo de Narvaez, which will cause the global retail giant to take a $1 billion loss. The sale ends 25 years of operations in the country, where Walmart built a chain of 90 stores with 9,000 employees. “Due to our decision to divest of this business, we will record ...

Read More »

Japan’s Toyota sees profit slip, holding up despite pandemic

Toyota’s July-September profit fell 11% from a year earlier as the coronavirus pandemic slammed global demand, but Japan’s top automaker appeared to be holding up better than weaker rivals that have sunk into the red. Toyota Motor Corp. reported Friday a quarterly profit of 470.5 billion yen ($4.5 billion), down from 530 billion yen a year ago. Quarterly sales slipped ...

Read More »

Purchase Committee approves 8 proposals, govt to procure 1.05 lakh MTs of urea fertilizer

The Cabinet Committee on Government Purchase (CCGP) approved a total of eight proposals including four separate ones for procuring some 1.05 lakh metric tons of urea fertilizer. The approval came from the 29th meeting of the CCGP held virtually with Finance Minister AHM Mustafa Kamal in the chair. Briefing reporters virtually after the meeting, Cabinet Division Additional Secretary Dr Abu ...

Read More »

SpiceJet starts Chattogram-Kolkata flight

SpiceJet has started its flight from the country’s commercial capital Chattogram to neighboring country India’s Kolkata route. M Farhad Hossain Khan, Wing Commander of Shah Amanat International Airport (SAIA), inaugurated the flight by cutting a ribbon on Thursday. He also cut a cake to mark the occasion. While speaking in the event, Farhad Hossain said that the Kolkata-bound people, specially ...

Read More »

Scanner defect at HSIA: Vegetables, foods export to 50 countries remain closed for 3 weeks

Vegetables, fruits and other food items exporting to 50 countries have been stuck for three weeks as defect found at the security scanner of Hazrat Shahjalal International Airport (HSIA) on October 10. After getting complaint by exporters, Commerce Ministry sent letter to Private Civil Aviation Authority on October 13 to repair the machine quickly. According to the letter, the exports ...

Read More »

Bayer posts another multi-billion euro loss on legal woes

German pharmaceuticals and chemicals giant Bayer on Tuesday posted another huge loss in its third quarter as it struggles to manage legal issues surrounding its glyphosate weed killer linked by plaintiffs to cancer cases. The company made a net loss of 2.7 billion euros ($3.2 billion), compared with a profit of 1.05 billion euros in the same quarter last year ...

Read More »

BARNARDO’S OFFERS HELPLINE FOR ASIAN AND BLACK FAMILIES IMPACTED BY COVID-19 AHEAD OF NEW ENGLAND-WIDE LOCKDOWN

  Helpline provides therapeutic support, a live web chat facility, and a lifeline to communities struggling to deal with issues such as sickness and bereavement, rising hate crime and loss of support services Asian and Black children and families, who have been hit hardest by COVID-19, could experience increased challenges to their emotional health and wellbeing, as England enters a four-week ...

Read More »