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Ineos takes position in UK shale, plans local pay-outs

2014-09-29 00:00:00

LONDON, Sept 28 (Reuters) :  Swiss-based chemicals group Ineos has acquired a stake in a shale oil and gas licence in Scotland and plans to pay a share of revenues from any production to landowners and communities, Britain's energy ministry...

Microsoft boss Nadella promises cooperation in Chinese antitrust probe

2014-09-29 00:00:00

BEIJING, Sept 28 (Reuters) : Microsoft Corp chief executive Satya Nadella promised to cooperate fully with Chinese authorities in their antitrust investigation into his company during a meeting with a top regulator in Beijing, the Chinese government said. Microsoft has...

Modi invokes ancient Indian tradition in UN debut

2014-09-29 00:00:00

UNITED NATIONS Sept 28 (AFP): India's new Prime Minister Narendra Modi in his UN debut Saturday presented a worldview shaped by ancient tradition, promoting multilateralism as well as yoga. Modi, a Hindu nationalist who swept to power earlier this year,...

Hong Kong protesters bring streets to a standstill as police fire tear gas

2014-09-29 00:00:00

HONG KONG, Sept 28 (agencies): Police fired tear gas as tens of thousands of pro-democracy demonstrators brought parts of central Hong Kong to a standstill Sunday, in a dramatic escalation of protests that have gripped the semi-autonomous Chinese city for...

US drone, airstrikes, gunfight kill 23 in Pakistan

2014-09-29 00:00:00

PESHAWAR, Sept 28 (AFP): At least 23 militants have been killed in a US drone attack, raids by jet fighters and a gunfight in Pakistan's restive northwestern tribal areas, officials said Sunday. The air force staged attacks on five insurgent...

Thai rescue copter missing in Myanmar

2014-09-29 00:00:00

YANGON, Sep 28 (AP): A rescue helicopter from Thailand has lost contact with ground control during a search for two climbers who scaled Southeast Asia's highest peak a month ago, officials said Sunday. The helicopter was carrying three people, including...

Jayalalithaa holds crisis talks in jail

2014-09-29 00:00:00

BANGALORE, India, Sept 28, 2014 (AFP) - Former film star Jayalalithaa Jayaram, one of India's most colourful and controversial politicians, held crisis talks inside jail on Sunday after her conviction in a corruption case, an aide said. Jayalalithaa, 66, who...

US-led raids hit jihadist oil sites

2014-09-29 00:00:00

DAMASCUS, Sept 28 (AFP): US-led warplanes kept up strikes on oil sites funding the Islamic State group on Sunday, as Al-Qaeda's Syria affiliate threatened reprisals after a key operative was reported killed. The coalition raids destroyed three makeshift oil refineries...

news digest

2014-09-29 00:00:00

British minister resigns over 'explicit photos' LONDON, Sept 28: A British minister announced his unexpected resignation as a Sunday newspaper reported he had sent an explicit photo of himself online, in the latest setback to David Cameron's Conservative-led government. "I...

Photo: MYANMAR : U Tay Za, chairman of Htoo Foundation, gesturing from a helicopter

2014-09-29 00:00:00

Photo: GUINEA: Residents attending an awareness campaign

2014-09-29 00:00:00

Lending rates on call-money mkt rise

Siddique Islam | 2014-09-29 00:00:00

Inter-bank call-money rates moved up modestly Sunday following higher withdrawal of cash from the banks ahead of the twin festivals of Eid-ul-Azha and Durga Puja, official sources said. The rates of interest on inter-bank borrowings ranged between 5.75 per cent...

Indian textile exhibition opens in city today

FE report | 2014-09-29 00:00:00

A two-day Indian textile exhibition 'Intexpo Bangladesh 2014' begins in Dhaka today Monday at Pan Pacific Sonargaon hotel in the city. The organisers announced this at a press conference Sunday in presence of business delegates from India and Bangladesh. The...

Winter veg cultivation gains speed

FE Report | 2014-09-29 00:00:00

Winter vegetable cultivation is going on in full swing in the country as farmers target getting 9.2 million tonnes of produces on 0.5 million hectares of land this season.   The output was a record 8.8 million tonnes in the last...

PICL launches mobile app for clients

FE Report | 2014-09-29 00:00:00

Prime Insurance Company Limited (PICL) launched Sunday a mobile app for its customers to provide the company's services smoothly. The mobile app was launched at a press conference at a city hotel.  Managing Director of the company Mohammodi Khanam, Adviser...

News Briefs

2014-09-29 00:00:00

ICAB chief off to London President of The Institute of Chartered Accountants of Bangladesh (ICAB) Showkat Hossain left the city for London, UK on Sunday to take part in meetings with IASB world standard-setters and IFRS Foundation, scheduled to be...

Photo: Modhumoti Bank Limited

2014-09-29 00:00:00

Photo: Standard Chartered Bank

2014-09-29 00:00:00

Cylinder blast kills 1 in Manikganj

2014-09-29 00:00:00

An employee died and six others were injured in a fire that erupted following a cylinder explosion at a CNG refuelling station in Mahadevpur upazila of Manikganj on Monday. The deceased was identified as Helal Uddin, 55, who hailed from...

Photo: Meghna Bank Limited

2014-09-29 00:00:00

Photo: bKash and Bikroy.com

2014-09-29 00:00:00

BTB for issuing e-visa for expediting tourism sector

2014-09-29 00:00:00

Bangladesh Tourism Board (BTB) has proposed to Home Ministry for issuing electronic visa (e-visa) to foreigners for giving a boost to the country's highly potential but untapped tourism sector. "Through Civil Aviation and Tourism Ministry, we have sent a letter...

ICMAB holds CPD seminar

2014-09-29 00:00:00

The institute of Cost and Management Accountants of Bangladesh (ICMAB) organised a CPD (Continuing Professional Development) seminar on Managing Business Risk: Let Insurance Handle It in the city on Saturday. President of ICMAB Mohammed Salim, FCMA, inaugurated the CPD programme...

BD, UNDP sign $3m deal

2014-09-29 00:00:00

The government and the United Nations Development Programme (UNDP) have signed an agreement to implement a US$3.0 million project, titled 'Knowledge for Development Management (K4DM) for ERD UN Wing'. Additional Secretary (UN), ERD, M Ashadul Islam and Country Director, UNDP...

Kuwait budget surplus up in last fiscal year as spending slows

2014-09-29 00:00:00

DUBAI, Sept 28 (Reuters) : Kuwait's budget surplus edged up to 12.9 billion dinars ($44.8 billion) in the fiscal year to last March as government spending fell, largely because of a drop in capital expenditure, finance ministry data showed. The...

Photo: Top officials from NRB Bank, United Commercial Bank, IDLC Finance, Data edge, ONE Bank, Dutch-Bangla Bank and Eastern Bank pose for photograph

2014-09-29 00:00:00

Durga Puja begins Tuesday

2014-09-29 00:00:00

The Durga Puja, biggest religious festival of the Bangalee Hindu community, begins with the incarnation of the Goddess Durga at temples across the country Tuesday. The five-day festival starts with 'Bodhon', 'Amontron' and 'Adhibas' of the Goddess Durga Tuesday marking...

Photo: Janata Bank

2014-09-29 00:00:00

exchange rate

2014-09-29 00:00:00

ECB to unveil details of new liquidity programmes

2014-09-29 00:00:00

FRANKFURT, Sept 28 (AFP) : The European Central Bank will this week unveil details of its plans to inject cash into the moribund eurozone economy, even as analysts express doubt about the effectiveness of the measures. Following its surprise rate...