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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,...

Prime index of DSE dips below 5,100-mark again

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

The stock market plummeted for the second straight session Monday with falling turnover as ongoing political tension affected the investors' confidence level. Meanwhile, trading and official activities on the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) will remain...

News Briefs

2014-11-04 00:00:00

New CEO joins Unicap Securities Mr. Wali Ul Islam, a capital market expert has recently joined Unicap Securities Limited - a wholly owned subsidiary of Union Capital Limited - as the Chief Executive Officer. A dynamic and versatile management executive...

Photo: State Minister for Land Saifuzzaman Chowdhury, MP,

2014-11-04 00:00:00

Photo: Pubali Bank Ltd.

2014-11-04 00:00:00

Sensex ends flat after hitting record high

2014-11-04 00:00:00

MUMBAI, Nov 3 (Reuters): The BSE Sensex and Nifty hit a third consecutive record high on Monday but the gains fizzled out later in the session, with both indexes ending flat as automakers such as Tata Motors declined after monthly...

European shares slip from 4-week high

2014-11-04 00:00:00

LONDON/PARIS, Nov 3 (Reuters): European equities retreated from a four-week high on Monday, with a survey showing sluggish euro zone factory growth hurting market sentiment and gas transport group Snam leading the utilities sector lower following a gas storage ruling....

Holcim profit hit by weak Europe, forex

2014-11-04 00:00:00

ZURICH, Nov 3 (Reuters): Swiss building materials group Holcim posted a drop in quarterly sales and profits on Monday as a recovery in India following May's elections failed to offset foreign exchange headwinds and weakness in Europe and Latin America....

HK shares finish lower

2014-11-04 00:00:00

SHANGHAI, Nov 3 (Reuters): Hong Kong shares finished lower on Monday as investors took profits following solid gains last week. The Hang Seng Index unofficially closed down 0.3 per cent at 23,915.97 points, while the China Enterprises Index of the...

Apollo Tyres hits new high

2014-11-04 00:00:00

MUMBAI, Nov 3 (Business Standard): Apollo Tyres has moved higher by 5 per cent to Rs 229 on the Bombay Stock Exchange (BSE), after the company said that the Delaware Court in the US has ruled in favour of Apollo's...

Photo: Social Islami Bank Limited (SIBL)

2014-11-04 00:00:00

Photo: IFIC Bank

2014-11-04 00:00:00

Photo: Standard Bank Limited

2014-11-04 00:00:00

Photo: Fareast Islami Life Insurance Co Limited

2014-11-04 00:00:00