Us Companies

Indian, US firms eye investment in Bangladesh, propose land port upgrades

Businesses from India and the US have expressed interest in investing in Bangladesh and made proposals to improve the country's investment climate, Commerce Minister Khandakar Abdul Muktadir has said. Muktadir's remarks on Saturday came after attending a meeting at the Sylhet Metropolitan Police headquarters. He also said that some Indian businesspeople who recently visited Bangladesh have already invested in the country, the state-run BSS news agency reported. The commerce minister's remarks came days after a 14-member Confederation of Indian Industry delegation visited Bangladesh from August 17 to 19 to explore opportunities for expanding bilateral trade, investment and industrial cooperation. He said that Indian businesspeople have expressed interest in making the land ports between Bangladesh and India fully operational. "They have said that the closure or limited operation of land ports increases the cost of raw materials for Indian businesses," he said. Indian business ...

US financial services firm Charles Schwab sets up GCC in Hyderabad

The 3.45 lakh sq ft Schwab India centre will support the US business through technology, engineering and operations, with headcount targeted at around 2,000 by end-2027

US firms remain cautious about investing in China despite improved profits

Just 49 per cent of the companies surveyed by the US-China Business Council said they planned to invest in the Asian country this year, up one percentage point from a record low last year

Build in US to access markets, says Lutnick; offers L-1 visas for business

US Commerce Secretary Howard Lutnick on Monday asked businesses to manufacture in the US to access local markets and offered companies L-1 visas to bring employees to launch projects here. Addressing the SelectUSA Investment Summit at National Harbour in Maryland, Lutnick said the US has flipped the script and was now encouraging companies to set up shop in the US instead of outsourcing production to other countries. "If you want to successfully sell in the United States, build here. Build here. If you want to access our markets..., hire our workers and do it here," Lutnick said. He described it as the "old model" where the US exported its intellect and intellectual property and all other countries built the factories. "We sort of outsourced production everywhere else in the world, but with Advanced manufacturing, we can bring it back," he said. "Our trade agenda has made it clear. If you build here, and you hire here, and you strengthen our industrial base, we will help you. We w

US-based Figma bets on India's design talent, opens Bengaluru office

US-based Figma has opened a new office in Bengaluru, calling India its second-largest market after the US; the company serves users across 85% of Indian states, including top tech firms

Nearly half of US firms in Europe expect declining economic ties: Report

The survey, carried out among 52 US-controlled members between September 8 and 16, showed that reducing tariffs was still the number one priority

US financial firms pledge $1.7 billion to Britain ahead of Trump's visit

The investment is expected to create 1,800 jobs across London, Edinburgh, Belfast and Manchester, and deepen transatlantic financial ties

Will advocate trade reforms in India: US envoy-designate Sergio Gor

Sergio Gor says reforms in India's labour norms and market access are key to fair trade, as US aims to double bilateral trade to $500 bn by 2030

Firms boost economic data products as trust in official US statistics wanes

Third-party providers garner even more attention during government shutdowns when federal data aren't published

Why US brands are ditching American roots to reach international markets

Amid rising tariffs and global anti-American sentiment, major US companies are shedding national imagery and localising ads to stay competitive abroad

US companies hit hard by Trump's tariff plans; can they expect relief?

He was further asked how the administration plans to decide on what companies should and should not be exempted, and he said it will be considered 'instinctively'

Donald Trump has companies in Europe and Asia walking DEI tightrope

Companies from Roche Holding AG to Nissan Motor Co. have backpedaled on DEI policies in the US

H-1B visa system 'broken', in need of 'major reform', says Elon Musk

The remarks come amid a growing debate over the future of the H-1B visa, a programme that allows US companies to employ highly skilled foreign workers in specialised fields

Mexico officials warn about Trump's tariff impact on US companies

Trump campaigned on a pledge to roll out a slew of tariffs, including for firms that had moved operations to Mexico, in a bid to restore jobs in the US

American CEOs say this is as bad as it gets for corporate earnings

A broadening becomes especially important for the rally's progress now that megacap tech companies are projected to show slowing profit growth, on average

US fund urges Seven & i to allow due diligence on Couche-Tard buyout offer

Artisan has been among some of Seven & i's vocal foreign investors who have urged the company to focus on its core convenience store business

Mahyco seals joint venture with US' RiceTec for HT rice and wheat

In the case of HT rice, the technology that the JV will commercialize is called 'FullPage' which is a new generation double stack mutant herbicide-tolerant rice technology

Retail giant Amazon adds Grubhub food delivery to its website, app in US

As part of the agreement, Amazon Prime members will continue to be eligible to avail a free Grubhub+ membership worth $120 a year, which includes free delivery on orders above $12

Retail giant Walmart to fire hundreds of corporate staff, relocate others

Walmart employed approximately 2.1 million associates as of Jan. 31, 2024, according to regulatory filings

Europe, US companies back India for derisking from China: Survey

The other key emerging markets, the survey said, are southeast Asia, where 60 per cent of the respondents were willing to put in 50 per cent more investment in the next three years