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France star Griezmann retires from int'l football

2024-10-01 00:00:00

PARIS, Sept 30 (Reuters): France midfielder Antoine Griezmann announced the end of his international career on Monday after being coach Didier Deschamps's most important player for a decade, during which he won a World Cup title.The 33-year-old, who struggled at...

Alcaraz to play Medvedev at semifinals in China Open

2024-10-01 00:00:00

BEIJING, Sept 30 (AP): Third-ranked Carlos Alcaraz advanced to the China Open semifinals for the second straight year after an impressive 7-5, 6-2 victory against Karen Khachanov on Monday.The 21-year-old Spaniard was characteristically relentless from the baseline and ground down...

Pakistan aim to end win drought against England

2024-10-01 00:00:00

KARACHI, Sept 30 (AFP): Pakistan captain Shan Masood on Monday backed Babar Azam to find his batting touch as his side look to end their win drought in the three-match Test series against England starting next week.Pakistan have gone winless...

South Africa recall Muthusamy for Bangladesh Tests

2024-10-01 00:00:00

South Africa have brought back Senuran Muthusamy to the Test fold for the upcoming two-match tour of Bangladesh in October, reports Cricbuzz. The all-rounder, who bowls left-arm orthodox., is part of a spin troika that includes Keshav Maharaj and Dane...

Tigers face tough battle after India's record-shattering batting

2024-10-01 00:00:00

KANPUR, India, Sept 30 (Agencies): Records tumbled as India launched a batting blitz to overtake Bangladesh's first innings total of 233 in 28 overs, injecting fresh life into the rain-marred second Test in Kanpur on Monday.On a frenetic day four,...

German inflation slows further to 1.6pc in Sept

2024-10-01 00:00:00

FRANKFURT, Germany, Sept 30 (AFP): German inflation slowed in September to its lowest level since early 2021, official data showed Monday, sliding further below the European Central Bank's two-per cent target rate.The annual inflation rate in Europe's biggest economy declined...

Central Bank of Egypt issues over $1b in treasury bills

2024-10-01 00:00:00

JEDDAH, Sept 30 (Arab News): Egypt's central bank has issued treasury bills worth 50 billion Egyptian pounds ($1.06 billion) as the country seeks to manage liquidity and support government financing amid rising inflation. One tranche offers 30 billion pounds in...

13th AGM of AGRANI SME FINANCING COMPANY HELD

2024-10-01 00:00:00

The 13th Annual General Meeting (AGM) of Agrani SME Financing Company Limited, a wholly-owned non-banking financial institution of Agrani Bank PLC, was held at the bank's head office in the city on Sunday. Chairman of the company and Chief Executive...

European carmakers warn on profits

2024-10-01 00:00:00

LONDON, Sept 30 (Reuters): European carmaker Stellantis joined on Monday bigger rival Volkswagen and others in warning about the worsening outlook for auto demand and rising costs, wiping billions of euros off the sector's market value.The automakers are struggling with...

DNCC extends deadline for renewal of trade licence fee

FE REPORT | 2024-10-01 00:00:00

The Dhaka North City Corporation (DNCC) has extended the deadline for renewal of trade licence fee without surcharge until November 30 in a bid to facilitate the process for the traders.The city authority has also extended the 10 per cent...

Push for reforms in FBCCI

FE REPORT | 2024-10-01 00:00:00

Boishamma Birodhi Sanskar Parishad or Anti-Discrimination Reform Council on Monday called for significant reforms in the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) to address what it describes as long-standing inefficiencies, political influence, and neglect of small and...

Shanta Equity wins Euromoney Award

2024-10-01 00:00:00

Shanta Equity, a leading player in the capital market, has earned recognition as 'Best for Equities in Bangladesh' at the prestigious Euromoney Securities Houses Awards 2024. This accolade underscores Shanta Equity's significant impact in advancing the country's capital markets and...

STANDARD BANK BOARD MEETING HELD

2024-10-01 00:00:00

The 398th Board meeting of Shari'ah-based Standard Bank PLC was held at its Head Office in Dhaka on Monday. Chairman of the Board of Directors Mohammed Abdul Aziz presided over the meeting. Directors Kazi Akram Uddin Ahmed, Kamal Mostafa Chowdhury,...

Govt to increase Probashi Kalyan Bank's capital

FE REPORT | 2024-10-01 00:00:00

The government has decided to raise the Probashi Kalyan Bank's authorised and paid-up capital to Tk 20 billion and Tk 13 billion respectively, aiming to bolster its financial base and enhance the loan disbursement capacity.The volume of the authorised capital...

bKash offers discount on Puja shopping

2024-10-01 00:00:00

Like previous years, bKash has brought attractive discount and cashback offers for online and offline shopping to make Durga Puja shopping easier, affordable and exciting for customers, says a statement. These offers can be enjoyed on bKash payment at online...

FICCI urges strategies to boost business climate

FE REPORT | 2024-10-01 00:00:00

A delegation of the Foreign Investors' Chamber of Commerce and Industry (FICCI) on Sunday met finance and commerce adviser Dr Salehuddin Ahmed and underscored necessary reforms in the financial sector.FICCI president Zaved Akhtar led the delegation at the meeting hosted...

Bangladesh becoming Saudi investors' hotspot

FE REPORT | 2024-10-01 00:00:00

Bangladesh is increasing drawing attention from Saudi businessmen and investors who are keen on investing here, said Foreign Affairs Adviser Md Touhid Hossain.Leading Saudi companies like ACWA Power and SABIC are exploring opportunities in the renewable energy, logistics and infrastructure...

BHP expects copper demand to grow by 1m tonnes a year until 2035

2024-10-01 00:00:00

Australian miner BHP expects the world to consume an extra 1 million metric tons of copper per year on average until 2035 due to the adoption of copper-intensive technologies, double the annual volume growth in the past 15 years, reports...

Palm futures decline on stronger ringgit

2024-10-01 00:00:00

KUALA LUMPUR, Sept 30 (Reuters): Malaysian palm oil futures ended the month with overall gains, but declined on Monday, marking the second consecutive session of losses as a stronger ringgit weighed on sentiment and traders remained cautious as palm continues...

Gold eases from record high

2024-10-01 00:00:00

Gold eased from its recent record high on Monday, but was still set for its biggest quarterly gain in more than eight years on the back of geopolitics and the U.S. Federal Reserve's rate cut, reports Reuters. Spot gold was...

Britain's biggest steel works to end production after 100 years

2024-10-01 00:00:00

LONDON, Sept 30 (Reuters): Britain's biggest steelworks will end production later on Monday, when the final blast furnace at Port Talbot in Wales will close after more than 100 years of steelmaking, at a cost of almost 3,000 jobs.The closure...

Oil prices fall on strong supply outlook

2024-10-01 00:00:00

LONDON, Sept 30 (Reuters): Oil prices declined on Monday and were on track to fall for the third month in a row as a strong supply outlook and questions around demand outweighed fears that Israeli strikes in Lebanon and Yemen...

News in Brief -2024-10-01

2024-10-01 00:00:00

Far right wins Austria electionVIENNA, Sept 30: Austrian voters handed a first-ever general election victory to the far-right Freedom Party on Sunday, preliminary results showed, illustrating rising support for hard-right parties in Europe fuelled by concern over immigration levels. The...

Rate of ocean warming has doubled since 2005

2024-10-01 00:00:00

BREST, Sept 30 (AFP): The pace at which oceans are warming has almost doubled since 2005 as global temperatures rise because of human-caused climate change, a report from the EU monitor Copernicus said Monday.The findings by the Copernicus Marine Service...

Hezbollah ready for Israeli offensive

2024-10-01 00:00:00

BEIRUT, Sept 30 (AFP/AP): Hezbollah's deputy leader Naim Qassem said Monday the Iran-backed group was ready to face any Israeli ground operation, warning that the battle could last a long time.In a televised address, Qassem also said Hezbollah would choose...

Japan's new PM announces snap polls on Oct 27

2024-10-01 00:00:00

TOKYO, Sept 30 (BBC): A mere three days after being elected as the new leader of Japan's ruling party, incoming Prime Minister Shigeru Ishiba has announced plans for a snap election on 27 October.Ishiba, 67, replaced outgoing prime minister, Fumio...

Jhenaidah farmers make profit by cultivating off-season cauliflower, cabbage

2024-10-01 00:00:00

JHENAIDAH, Sept 30 (UNB): Farmers in Jhenaidah are making good profit by cultivating cauliflower and cabbage in summer due to their huge demand among customers and high market price.Farmers said that cultivation of the vegetables begins in Ashar (June-July) and...

Two killed being hit by covered van in Dinajpur

2024-10-01 00:00:00

DINAJPUR, Sept 30 (UNB): Two people were killed and two others injured when a covered van ploughed through several rickshaw vans in the Raniganj Bazar area of Ghoraghat upazila in Dinajpur district on Monday morning.The deceased were Abdul Goffar, 68,...

Flooding improves in Lalmonirhat, Kurigram

OUR CORRESPONDENT | 2024-10-01 00:00:00

The overall flood situation of Lalmonirhat and Kurigram district are improving rapidly as water level from many areas has started receding in the last 12 hours.Our Correspondent from Lalmonirhat says, most of the low-lying areas of the district went under...

Improving air cargo management for smooth export operations

Abu Mukhles Alamgir Hossain | 2024-10-01 00:00:00

Efficient cargo handling is crucial for export-driven economies like Bangladesh. Air transport plays a significant role in logistics management, accounting for 6.20 per cent of exports. Due to the short seasonal cycles in the global fashion industry, apparel buyers increasingly...