PayPal is planning to cut as much as 3 percent of its workforce as the payments division of eBay Inc looks to streamline its operations under new President David Marcus, a person familiar wi... Read more
Two of the nation’s biggest banks, Wells Fargo & Co and J.P. Morgan Chase & Co, made record profits over the last three months from a sharp rise in mortgage lending, though per... Read more
MasterCard Inc has reached an agreement with a bank in Myanmar to issue its first branded cards in the country, which, emerging from isolation after years of military rule, has an antiquated... Read more
All is set at the Bangladesh Energy Regulatory Commission (BERC) to increase power tariff by 21 to 26 percent, from today. The BERC is also working to restructure the tariff slabs for domest... Read more
It’s very easy to get caught up in the Android versus iPhone duel and Google’s recruiting battles with its newly-public Silicon Valley neighbor, Facebook. But neither one of thos... Read more
Sales of digital albums have passed the 100 million mark – powered in part by the success of singers including Adele and Ed Sheeran. Both Adele’s hit album 21 and Sheeran’s... Read more
Right on schedule, Microsoft has just announced on its Windows Team blog that Windows 8 has emerged from its long development and testing phase, and will soon be in the hands of manufacturer... Read more
Of all the limitations that Google’s NFC-based Wallet payment system had, perhaps the biggest was that of card compatibility — once you blew through that free $10 credit, it only ever worked... Read more
Chevron Corporation Monday Announced that its subsidiary will proceed with the expansion of its Bibiyana natural gas field in north-west Bangladesh.In the biggest-ever foreign direct investm... Read more
Investors wiped $10 billion off the value of Facebook Inc on Friday, taking the recently listed shares to a new low, after the social network offered no forecast and analysts said mobile inv... Read more
