IT cos fear foreign clients may turn their back on them
Internet blackout came as a severe blow to the IT companies that fear long-term setbacks on business if foreign clients consider them unreliable and move to other countries, say Vietnam, for uninterrupted services. To avoid clients get irked by any disruption, some big companies have even sent a small team...
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Trading time increased by an hour
FE REPORT The bourses announced that trading time will be increased by an hour from today (Sunday).The new trading time will be from 10:00am to 2:00pm, still half an hour less from the usual trading hours. The normal trading hour is 10:00am to 2:30pm, which was cut down to 3...
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Private equity giant Apollo invests $700m in Sony Music
Private equity behemoth Apollo Global Management has invested $700 million in high-profile record label Sony Music Group, allowing its clients an opportunity to invest in "high grade" alternative assets, reports Reuters.Apollo did not reveal the terms of the deal with Sony, which works with artists such as Lil Nas X...
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Spooked US stock market faces tech earnings minefield, Fed meeting
NEW YORK, July 27 (Reuters): Rattled investors are bracing for earnings from the market's biggest tech companies, a Federal Reserve policy meeting and closely watched employment data in a week that could determine the near-term trajectory of US stocks following a bout of severe turbulence.A months-long rally in massive tech...
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Modhumoti Bank HOLDS executive committee MEETING
Modhumoti Bank HOLDS executive committee MEETINGThe 126th meeting of the executive committee of Modhumoti Bank was held on Saturday through Zoom. The meeting was presided over by the committee chairman Barrister Sheikh Fazle Noor Taposh. Among others, Managing Director of Sharmin Group Mr. Mohammad Ismail Hossain, Chairman of Labib Group...
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