Bangladesh

Naspers, Schibsted bury hatchet in Brazil battle

Two of the fiercest rivals in online classifieds, South Africa’s Naspers and Norway’s Schibsted, said they would team up in some emerging markets, including fast-growing Brazil where they have battled each other for years.

‘Modern slavery’ in Malaysia electronics factories: survey

Nearly one-third of the 350,000 workers in Malaysia’s electronics manufacturing sector — a major supplier for leading global brands — suffer labour conditions akin to “modern slavery”, a report released Wednesday said. The study by US-based fair-labour organisation Verite said at least 28 percent of workers toiling in Malaysian electronics factories — particularly foreign migrants … Read more

Expert insights on today’s markets: Abil, Spar Group, Gold Fields

All eyes in the business sector are focused on Abil at the moment, as the bank has been placed under curatorship. The  Reserve Bank stepped in at the weekend to announce its R17bn rescue plan for Abil after its share price plummeted 97% at the close of last week on the back of crippling losses … Read more

India’s Srinivasan takes over as ICC chairman

(Reuters) – India’s N. Srinivasan was confirmed as chairman of the International Cricket Council (ICC) in Melbourne on Thursday, giving the 69-year-old industrialist the most powerful role in the governing body’s restructured organisation. Srinivasan, who emerged as the leading candidate to become ICC chairman in February, will assume office almost immediately after the governing body … Read more

Cricket- Bangladesh coach quits

Shane Jurgensen has quit as Bangladesh head coach after a string of poor performances by the team sparked severe criticism from the country’s cricket board. Jurgensen sent a letter from his home in Australia to the Bangladesh Cricket Board saying he would leave his post after Bangladesh’s limited-overs series against India, scheduled to be held … Read more

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