SS Steel Ltd has registered higher turnover thanks to increased sales ever since the steelmaker started acquiring several companies in 2020, but its overall profit has dropped.

Brac Bank Limited posted a nearly 25 per cent year-on-year increase in profit in the January-March quarter of 2023.

Standard Chartered bank, a London-based lender that makes most of its profit in Asia, could cut up to 1,000 senior jobs, according to an internal memo sent to staff.

Germany's Volkswagen becomes the world's biggest-selling vehicle maker in the first half of the year, overtaking Toyota for the first time.