December 9, 2016
A Bangladesh government-appointed panel investigating the cyber-heist of $81 million from its central bank in February found five officials at the bank were guilty of negligence and carelessness, the head of the panel told Reuters on Thursday. In his first …
March 18, 2016
Bangladesh police launched a criminal investigation on Thursday into the cyber theft of $81 million from the central bank’s U.S. account but said it was too early to pinpoint any suspects. The money was transferred to accounts in the Philippines, …
March 11, 2016
Investigators suspect unknown hackers managed to install malware in the Bangladesh central bank’s computer systems and watched, probably for weeks, how to go about withdrawing money from its U.S. account, two bank officials briefed on the matter said on Friday. …
May 20, 2013
A Bangladesh factory where Wal-Mart Stores Inc. and Inditex SA inspectors spotted cracks in the wall this month is still making Wrangler shirts for the world’s largest apparel maker, U.S.-based VF Corp. VF confirmed on Saturday it was still using …
May 1, 2013
Two Western retailers have promised to compensate families of garment workers killed while making their clothes in a Bangladesh factory building that collapsed last week in the country’s worst industrial accident. The pledge from Britain’s Primark and Canada’s Loblaw came …
April 25, 2013
At least 175 mainly women workers were killed in a Bangladesh building collapse and rescuers searching for survivors said on Thursday that many more were trapped in the rubble of a complex that housed factories supplying Western clothes retailers. The …
April 24, 2013
An eight-story block, housing garment factories and a shopping center, collapsed on the outskirts of the Bangladeshi capital on Wednesday, killing nearly 100 people and injuring hundreds more, officials said. Fire fighters and army personnel worked frantically through the day …