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Apple acquires self-driving car startup Drive.ai

Apple Inc on Tuesday confirmed that it has acquired self-driving shuttle firm Drive.ai. Technology news website The Information reported earlier this month that the iPhone maker was considering acquiring the firm as a move to bring aboard some of its...

Standard Bank Ltd. and Rose Sweaters Limited have signed an agreement for specialized services of Retail Banking named “Employee Savings Account Services” recently at SBL Board Room, Head Office, Dhaka. Under this agreement, around ten thousand employees of Rose Sweaters Limited will get their salaries through the benefit-rich savings account of SBL. Deputy Managing Director of Standard Bank Ltd. Mr Md. Motaleb Hossain and Managing Director of Rose Sweaters Ltd. Mr Md. Abdul Matin Khan signed the agreement on behalf of their respective organizations. Mr Mamun-Ur-Rashid, Managing Director & CEO, Mr Md. Tariqul Azam, Additional Managing Director of SBL and senior officials of both the organizations were present on the occasion. -rmc//

Farm loan disbursement to cross FY '19 target

The farm credit disbursement is expected to cross the target by the end of this fiscal year (FY) as the central bank has beefed up efforts to make such credit available to the farmers, officials said. The expectation came after...