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Djokovic on top of the world after Paris win and fatherhood

2014-11-04 00:00:00

PARIS, Nov 3 (BSS/AFP):  It's been quite a year for Novak Djokovic, who is driving towards another year-ending number one spot, recently becoming a proud father and winning his third Paris Masters crown for his 600th ATP victory. The popular...

sports digest

2014-11-04 00:00:00

Sonali Bank S&RC emerge unbeaten champs in 1st Div Chess Sonali Bank Sports & Recreation Club emerged unbeaten champions of the Walton Home Appliance 1st Division Chess League after the 7th and last round matches at Bangladesh Chess Federation hall...

Ronaldo aiming for another record

2014-11-04 00:00:00

MADRID, Nov 3 (BSS/AFP):  Cristiano Ronaldo will be aiming for another record as the Champions League's all-time leading scorer when Real Madrid host a Liverpool side short on confidence at the Santiago Bernabeu on Tuesday. Ronaldo's opener in the European...

Germany to dole out Euro 211m aid for 2 yrs

FE Report | 2014-11-04 00:00:00

Germany will provide Euro 211 million worth of aid in two years to help Bangladesh improve its energy supply and establish good governance, officials said Monday.  "After two days negotiation, we've signed a protocol with Germany Monday to receive the...

FBCCI urges Jammat to withdraw hartal

FE Report | 2014-11-04 00:00:00

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) Monday urged Jamaat-e-Islami to withdraw its fresh hartal called for Wednesday and Thursday. "The recurrence of hartals will create an adverse impact on the country's economy. Destructive programmes like hartal...

Amu to promote investment policies at global forum

FE Report | 2014-11-04 00:00:00

Bangladesh will sell its policies and facilities friendlier to foreign investors at an international conference beginning today (Tuesday)  in the Austrian capital of Vienna. Industries Minister Amir Hossain Amu left Dhaka Monday for Vienna to attend the two-day Forum titled...

Govt to introduce 0.26m prepaid gas metres in Dhaka, Ctg

2014-11-04 00:00:00

The government has decided to introduce 0.26 million prepaid gas metres in the capital city and the commercial capital of the country aimed at preventing the wastage of natural gas, a ministry official said.  "The government took the two projects...

News Briefs

2014-11-04 00:00:00

Sony-Rangs launches new TV models Rangs Electronics Ltd (REL), popularly known as Sony-Rangs, has launched two new models TV- KLV-32R306B and KLV-40R352B of BRAVIA - Xtra Protection TV in the local market. The launching ceremony was held last month at...

Photo: Meghna Bank Limited

2014-11-04 00:00:00

Photo: AB Bank Limited

2014-11-04 00:00:00

China pledges mergers, private investment in shipping industry reform

2014-11-04 00:00:00

SHANGHAI, Nov 3 (Reuters): China has issued further guidance to support and modernize its shipping industry, saying it would encourage mergers and private investment as well as develop its cruise industry. The world's biggest trading nation is focusing on the...

HSBC sets aside $378m for forex probe

2014-11-04 00:00:00

LONDON, Nov 3 (Reuters): HSBC Holdings missed expectations with a 12 per cent drop in underlying third-quarter earnings and set aside $378 million to cover a potential fine from the UK regulator for alleged manipulation of currency markets. Europe's largest...

Indian manufacturing expands at a modest pace in October

2014-11-04 00:00:00

BANGALORE, Nov 3 (Reuters): Indian factory activity expanded at a modest pace in October, as stronger demand led manufacturers to add jobs for the first time in four months and allowed them to raise prices, a business survey showed on...

Manufacturing sector ebounds in Germany

2014-11-04 00:00:00

BERLIN, Nov 3 (Reuters): German factory activity rebounded in October after shrinking slightly in September for the first time in over a year, although there are signs of weak domestic demand in Europe's largest economy, a survey showed on Monday....

Westpac Bank annual net profit jumps 12pc

2014-11-04 00:00:00

SYDNEY, Nov 3 (BSS/AFP): Australian banking giant Westpac Monday posted a 12 per cent jump in full-year net profit to Aus$7.56 billion (US$6.60 billion), driven by growth in lending volumes and customer deposits. The result in the 12 months to...

Eurozone Oct factory growth sluggish

2014-11-04 00:00:00

LONDON, Nov 3 (Reuters): Euro zone manufacturing activity expanded slightly slower than first thought last month as further discounts at the factory gate failed to drive up new orders, a business survey showed on Monday. A second month of price...

China auto sales up 27.1pc last month : Toyota

2014-11-04 00:00:00

BEIJING, Nov 3 (Reuters): Toyota Motor Corp and its two Chinese joint ventures sold about 104,700 vehicles in China in October, up 27.1 per cent from a year earlier, the Japanese automaker said on Monday. That followed an 26.1 per...

Greece unlikely to end bailout without new help

2014-11-04 00:00:00

BRUSSELS, Nov 3 (Reuters): Greece is "highly unlikely" to end its euro zone bailout programme without some new form of assistance that will require it to meet targets, a senior EU official said on Monday. "A completely clean exit is...

Labour leaders for immediate opening of unit

FE Report | 2014-11-04 00:00:00

Labour leaders placed Monday a four-point charter of demands including immediate opening of the closed Ha-Meem Sportswear and payment of rightful outstanding wages and other benefits to the workers. The leaders under the banner of National Garment Workers Federation (NGWF)...

ECB set to sit tight on rates despite moribund economy

2014-11-04 00:00:00

FRANKFURT, Nov 3 (AFP): The European Central Bank is likely to hold fire on new policy moves Thursday and leave a series of radical recent measures to take their course, despite pressure over a weak economic recovery, analysts say. Unlike...

Over 50pc LICT project trained youths get jobs

2014-11-04 00:00:00

Over 50 per cent youthsss who are trained under Leveraging ICT for Growth, Employment and Governance project got jobs in different IT institutions, reports BSS. Leveraging ICT (LICT) for Growth, Employment and Governance is a project of Bangladesh Computer Council...

Google aims for 300m new Indian local language users

2014-11-04 00:00:00

 NEW DELHI, Nov 03 (AFP): Google has created a new Hindi-language website to add 300 million Indian Internet users by 2017 and bridge the country's linguistic digital divide, the search giant announced Monday. The website, www.hindiweb.com, is part of Google's...

N M Enterprise to manage local visitors for Expo Milano-2015

2014-11-04 00:00:00

Local firm N M Enterprise will offer support to the Bangladeshi tourists for visiting Expo Milano-2015, Italy, which is set to begin on May 1 next year, reports BSS. "We are contracted to manage and offer support to the Bangladeshi...

Photo: New Bangladesh High Commissioner to India

2014-11-04 00:00:00

Photo: Sonali Bank Limited and Janata Bank Limited

2014-11-04 00:00:00

Photo: The launching ceremony of Jams Autos

2014-11-04 00:00:00

exchange rate

2014-11-04 00:00:00

Transforming big data into big business value highlighted

FE Desk Report | 2014-11-04 00:00:00

SAS, the leader in business analytics software and services, hosted an exclusive event for banks in the city Monday. SAS Banking Conclave provided delegates with expert insights into how data analytics can help banks in managing risk, preventing fraud and...

Nasir wins Asia Insurance Industry Awards

2014-11-04 00:00:00

Nasir A Choudhury, Advisor and Founder Managing Director of Green Delta Insurance has recently won the prestigious Lifetime Achievement Award in 18th Asia Insurance Industry Awards (AIIA). Singapore-based Asia Insurance Review hosted the award ceremony. This is the first time...

Portfolio investment drops 54pc

Babul Barman | 2014-11-04 00:00:00

Net foreign investment in Dhaka stocks fell 54 per cent in October from September as overseas investors adopted 'wait-and-see' policy after previous month's big investment. Overseas investors bought shares worth Tk 3.02 billion and sold shares worth Tk 1.07 billion,...