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Internet blackout paints dark picture for Bangladesh call centres
Internet blackout paints dark picture for Bangladesh call centres
by  AFP

Hundreds of thousands of Bangladeshis work in outsourcing firms and the industry generates billions every year, but executives fear the internet shutdown imposed by authorities seeking to quell anti-government protests threatens its entire existence.

June US home sales slower than expected, prices hit fresh high
June US home sales slower than expected, prices hit fresh high
by  AFP

US existing home sales dropped more than expected in June, according to industry data released Tuesday, while the median price hit a new high. Meanwhile, the median sales price hit an all-time high for a second straight month, reaching $426,900 in June.

BBC to axe 500 more jobs in bid to be 'more agile'
BBC to axe 500 more jobs in bid to be 'more agile'
by  AFP

The BBC is to axe 500 jobs over the next 20 months in a bid to save £200 million ($258 million) and become a "leaner, more agile organisation," the British public service broadcaster announced Tuesday. "We also need to consider how best to fund the BBC in the long term to secure all the benefits of universal public service broadcasting in the future."

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