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Africa to issue climate change bonds

2014-09-23 00:00:00

In a strategic move to leverage available capital for climate change adaptation, African states will announce African Risk Capacity (ARC) Extreme Climate Facility (XCF), a multi-year funding mechanism that will issue climate change catastrophe bonds. The bonds - planned to...

German business delegation due tomorrow

2014-09-23 00:00:00

Ishan Palit, Chief Executive Officer, TÜV SÜD Product Service Division, Niranjan Nadkarni, Chief Executive Officer, TÜV SÜD South Asia and other key members of TÜV SÜD group will arrive in Bangladesh tomorrow (Wednesday) to announce the company’s foray in new...

Khaleda in B\\\'baria

2014-09-23 00:00:00

BNP Chairperson and 20-party alliance leader Khaleda Zia reached Brahmanbaria on Tuesday afternoon to address a public rally in the district town. The rally has already began at 3:00pm at Niaz Mohammad High School ground. The local unit of the...

Vet doctors to check animal health at cattle markets

2014-09-23 00:00:00

The government has decided to set up medical teams to check fitness of sacrificial animals ahead of the Eid-Ul-Azha. Fisheries and livestock ministry’s Joint Secretary Md Ali Noor said that medical teams will be stationed at all cattle markets in...

Israel military shoots down Syrian aircraft

2014-09-23 00:00:00

The Israeli military shot down a Syrian fighter jet that infiltrated its airspace over the Golan Heights on Tuesday morning — the first such downing in decades, heightening tensions in the volatile plateau. The military said a ‘Syrian aircraft infiltrated...

UK regulator fines Barclays record $62 million

2014-09-23 00:00:00

UK regulators fined Barclays Bank Plc, Britain's second-biggest bank, a record 37.7 million pounds ($62 million) for failing to properly protect client assets. The Financial Conduct Authority said Tuesday that the penalty was the largest ever for such violations and...

Indian spacecraft on course to enter Mars\\\' orbit

2014-09-23 00:00:00

With home-grown technology and a remarkably low budget of about $75 million, India was on course to become the first nation to conduct a successful Mars mission on its first try. If the Mars Orbiter Mission, affectionately nicknamed MOM, settles...

WHO: 21,000 Ebola cases by November if no changes

2014-09-23 00:00:00

New estimates from the World Health Organization warn the number of Ebola cases could hit 21,000 in six weeks unless efforts to curb the outbreak are ramped up, according to an analysis published online Tuesday by the New England Journal...

Poland plans to buy missiles for its F-16s from US

2014-09-23 00:00:00

Poland hopes to finalize a multimillion deal with US company Lockheed Martin Corp. by November that includes cruise missiles for its F-16 fighter jets, the Polish defense minister said Tuesday. The plan comes as Poland intensifies efforts to modernize its...

Modi to brief Hasina on \\\'threats\\\'

2014-09-23 00:00:00

Indian Prime Minister Narendra Modi will ask Sheikh Hasina to be alert to threats she faces, when they meet later this month in New York on the sidelines of the 69th UN General Assembly. Sheikh Hasina arrived at J F...

Euro area gets new 10-euro bill

2014-09-23 00:00:00

The 18 countries that use the euro currency have a new 10-euro ($13) note, which the European Central Bank says has enhanced security features that will make it harder to counterfeit. The new note introduced Tuesday is the second in...

Indian zoo: Tiger kills man who climbed into moat

2014-09-23 00:00:00

A white tiger killed a young man who climbed over a fence at the New Delhi zoo and jumped into the animal's enclosure Tuesday, a spokesman said. Despite repeated warnings that he shouldn't get too close to the outdoor enclosure,...

New Pay Commission to be effective from July 1: Muhith

2014-09-23 00:00:00

The recommendations of the Pay and Services Commission, formed to review salaries of public servants, will be effective from the next fiscal, Finance Minister AMA Muhith has said. ‘We will get the Pay Commission’s report in December. If the recommendations...

France won\\\'t stop fight in Iraq

2014-09-23 00:00:00

France's prime minister said Tuesday his country won't stop fighting Islamic State militants despite demands by kidnappers holding a French hostage. The 55-year-old man was abducted in Algeria on Monday by a splinter group from al-Qaida's North African branch. The...

Khaleda addressing B\\\'baria rally

2014-09-23 00:00:00

BNP Chairperson Khaleda Zia has started addressing a rally in Brahmanbaria for mobilising public support for fresh general election under a non-party neutral administration. Khaleda, also the leader of the 20-party alliance, left her residence at Gulshan in Dhaka for...

Pakistan: Bomb blast targets Pakistani army, kills 3

2014-09-23 00:00:00

A Pakistani police official says a roadside bomb targeting an army vehicle has killed three people in a northwestern city. Kamal Khan says the Tuesday bombing in Peshawar killed two civilians, a paramilitary soldier and wounded 13. The official says...

India: 28 Dead in landslides

2014-09-23 00:00:00

Landslides and flash floods triggered by two days of heavy rain have killed at least 28 people in India's remote northeast, officials said Tuesday. At least 14 people have been killed in northern Meghalaya state. Another 14 deaths were reported...

China: Explosion at Chinese fireworks factory kills 12

2014-09-23 00:00:00

An explosion at a fireworks factory in southern China killed 12 people and injured 33 others, the local government said Tuesday. Two people were also missing following Monday's blast, which shook Nanyang Export Fireworks Factory, the city of Liling in...

India\\\'s Modi to get rock star reception in NY

2014-09-23 00:00:00

It is a rock 'n' roller's dream to ‘sell out The Garden,’ but for a foreign politician to pack New York City’s most famous sports and entertainment arena is another thing entirely. Prime Minister Narendra Modi, on his first trip...

20,000 Yaba tablets seized

2014-09-23 00:00:00

Border Guard Bangladesh (BGB) personnel seized 20,000 pieces of Yaba in Teknaf Upazila in Cox’s Bazar on Tuesday morning. Being tipped off, a team of BGB-42 conducted a drive in Lehda hill of Teknaf around 4:30am and recovered 20,000 pieces...

United Air board recommends 10pc stock dividend

2014-09-23 00:00:00

The board of directors of United Air has recommended 10 per cent stock dividend for the year ended on June 30, 2014. The date and venue of the annual general meeting (AGM) will be informed later. The record date is...

More hartals if 16th amendment not cancelled: Khaleda

2014-09-23 00:00:00

BNP Chairperson Khaleda Zia on Tuesday threatened to launch tougher movement if an initiative is not taken immediately to cancel the 16th Amendment made to the Constitution that empowered the parliament to remove Supreme Court judges. Terming the government illegal...

Angola: World Bank invests about 20 million dollars in Mosap project

2014-09-23 00:00:00

About twenty million US dollars are being invested since 2012 in the implementation of the MOSAP project - Oriented Family Agricultural Project in the provinces of Bié, Huambo and Malanje, reported on Saturday the World Bank representative in Angola, Aniceto...

Selective bank branches to remain open on Oct 3

2014-09-23 00:00:00

Branches of commercial banks dealing with readymade garment (RMG) businesses in Dhaka city, Savar, Ashulia, Gazipur, Tongi, Narayanganj and Chittagong will remain open from 10am to 12 noon on October 3 to facilitate disbursement of salaries and allowances to garment...

World Bank finances fishing in Mozambique

2014-09-23 00:00:00

The World Bank is providing Mozambique with US$57.9 million to increase fishing production in the country over the next six years, Mozambican newspaper Correio da Manha reported. The World Bank funding, which involves the French Development Agency (AFD), is part...

ECB\\\'s Visco says disinflation weighing on high-debt countries

2014-09-23 00:00:00

The euro area may struggle to recover from the economic crisis with entrenched high unemployment and weak investment hitting heavily indebted countries already suffering from disinflation, ECB Governing Council member Ignazio Visco said on Tuesday. Visco, who is also governor...

ECB’s headache now a migraine

2014-09-23 00:00:00

Risk trading strategies found some temporary relief overnight, at least before the Euro session opened from the world's second largest economy - China. It has reversed some of yesterday's market negativity that followed the weekend comments made by China's Finance...

IMF says Lanka’s economy navigated turbulence

2014-09-23 00:00:00

Sri Lanka’s economy has navigated recent market turbulence relatively well. Growth has remained solid, inflation is in mid-single digits, and the current account deficit has narrowed, the International Monitory Fund (IMF) said in a statement. From mid-May, the exchange rate...

FSIBL introduces mobile banking in Jessore

2014-09-23 00:00:00

First Security Islami Bank Limited (FSIBL) inaugurated its mobile banking service FSIBL First Pay Sure Cash at Jessore municipality on Tuesday, according to a news agency.    

Samsung, GP bring Galaxy Note 4

2014-09-23 00:00:00

Samsung Electronics Ltd and Grameenphone have introduced Galaxy Note 4 in Bangladesh market on Tuesday through an exclusive pre-booking offer. This was announced at a press briefing at the Westin Hotel in the city, according to a news agency.