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Europe shares inch higher at open

2014-09-12 00:00:00

European shares inched higher early on Friday but remained in a tight range, as investors refrained from taking strong bets on indexes ahead of Scotland's referendum and the US Federal Reserve's policy meeting next week.  At 0705 GMT, the FTSEurofirst...

BSF return 8 Bangladeshis

2014-09-12 00:00:00

Eight Bangladeshis, arrested by Indian Border Security Force (BSF) recently on their way back home from India, returned through Satkhira border on Thursday. BSF handed over them to BGB after a flag meeting at zero point at Taluigachha frontier village...

Australian shares open slightly lower\\\'

2014-09-12 00:00:00

The Australian share market has opened flat after Wall Street failed to provide any strong leads overnight. At 10.10am AEST today, the benchmark SP/ASX200 index was 6.6 points, or 0.12 per cent, lower at 5,539.5, while the broader All Ordinaries...

M\\\'singh dist unit Jamaat secy among 5 held

2014-09-12 00:00:00

Police have arrested Jamaat-e-Islami’s Mymensingh district unit Secretary Abdul Karim and four other leaders and activists during a clandestine meeting in Dapunia Baat Bazar area of Sadar Upazila. Officer-in-charge of Mymensingh Kotwali Police Station Fazlul Karim, confirmed the arrests. He...

Crude oil prices retain gains in Asia

2014-09-12 00:00:00

Crude oil prices retained gains into Asia on Friday as geopolitical tensions again become a focus. On the New York Mercantile Exchange, West Texas Intermediate crude oil for delivery in October traded at $93.02 a barrel, up 0.20%, after hitting...

Poland resumes gas deliveries to Ukraine

2014-09-12 00:00:00

Poland's state pipeline operator says it has resumed full deliveries of gas to Ukraine. Gaz-System SA had halted the deliveries on Wednesday after Poland noted a sharp drop in gas deliveries from Russia this week. Germany and Austria had also...

Pakistani troops expand rescue in flood-hit areas

2014-09-12 00:00:00

Pakistan's military says it has expanded the rescue and relief operation as flood waters hit more districts in the country's Punjab province. Meanwhile, officials in India-controlled Kashmir raised concerns of the spread of diseases with flood water receding there. The...

German firm buys shares in North Sea oil, gas

2014-09-12 00:00:00

Germany's Wintershall says it is buying shares in North Sea oil and gas fields from Norwegian company Statoil for $1.25 billion. Wintershall, a subsidiary of BASF SE, said Friday that the transaction is expected to close by the end of...

Iraqi premier: France offers to strike militants

2014-09-12 00:00:00

Iraq's new Prime Minister Haider al-Abadi says France has agreed to take part in airstrikes as part of an expanding international effort to target the positions of militants with the Islamic State group. Al-Abadi, speaking on Friday at a press...

Germany bans Islamic State symbols, propaganda

2014-09-12 00:00:00

German authorities have banned all activity on behalf of the Islamic State extremist group, including the distribution of propaganda material and the display of its symbols. The decree issued Friday closes a legal gap that made it difficult to prosecute...

US judge fines HP $63.62 million

2014-09-12 00:00:00

A judge has ordered US computer giant Hewlett-Packard to pay $US58.8 million ($A63.62 million) for bribing Russian government officials to win a big-money contract with the prosecutor general's office. Northern California US District Judge Lowell Jensen hit HP with the...

IMF warning over Scottish independence

2014-09-12 00:00:00

The International Monetary Fund (IMF) has warned that a vote in favour of Scottish independence is set to spook the financial markets. Success for the Yes campaign would be likely to create 'uncertainty' in the short term as politicians thrashed...

BlackBerry sells research assets

2014-09-12 00:00:00

BlackBerry is selling its research and development department in Germany to Volkswagen Infotainment, a subsidiary of the carmaker that makes interactive technology for vehicle dashboards. The companies said on Thursday that the deal will shift about 200 BlackBerry employees in...

\\\'Empowering JS to remove judges may lead to miscarriage of justice\\\'

2014-09-12 00:00:00

The proposed constitutional amendment seeking to restore parliament’s authority to remove Supreme Court judges might make the judicial process vulnerable to partisan influence leading to politically-induced culture of impunity and miscarriage of justice. ‘The judicial process may be vulnerable to...

Cargo ship sinks in Mongla

2014-09-12 00:00:00

A cargo ship carrying raw materials for a factory has sunk in Mongla Port’s Pashur Channel after it collided with another ship. Port officials said the channel had been off limits since the accident on Friday morning, 12 nautical miles...

Australian unemployment rate at 6.1 pc

2014-09-12 00:00:00

Australia's unemployment rate fell to 6.1 per cent in August, official figures show. Unemployment in July was unchanged at 6.4 per cent. The total number of people with jobs rose 121,000 to 11.704 million in August, according to seasonally adjusted...

AG blasts Dr Kamal, Amir

2014-09-12 00:00:00

Attorney General (AG) Mahabubey Alam has criticised Dr Kamal Hossain and Barrister M Amir-Ul Islam for teaming up with Khandker Mahbub Hossain, who defends Jamaat-e-Islami leaders accused of war crimes, against the government’s initiative to restore Parliament’s power to impeach...

US Latino unemployment rate: 1.9

2014-09-12 00:00:00

The US Latino unemployment rate has declined based on the Bureau of Labor Statistics' August report, but the number of people employed and not in the labor force depicts a different picture. According to the August report, 7.5 per cent...

Women need help to save Japan’s economy: IMF

2014-09-12 00:00:00

Prime Minister Shinzo Abe’s government is ‘working flat out’ to lure more women into the labor force, though current efforts aren’t sufficient to generate the economic growth the country needs, International Monetary Fund Managing Director Christine Lagarde said.  Abe’s policies...

Vardhan pays tribute to Bangabandhu

2014-09-12 00:00:00

Indian Health Minister Harsh Vardhan has paid tributes to Bangladesh’s founding father, Bangabandhu Sheikh Mujibur Rahman. He went to the Bangabandhu Memorial Museum on Road 32 in Dhanmondi on Thursday night and stood in silence for a minute as a...

India has potential to become knowledge-based economy: ADB

2014-09-12 00:00:00

India has the potential to become a leading knowledge-based economy with its youth population and growing information technology though it should overcome some barriers in this regard, Manila-based funding agency Asian Development Bank (ADB) said in a report released on...

Ireland a world leader in agriculture – World Bank

2014-09-12 00:00:00

The agriculture sector in Ireland has positioned itself as a global leader in terms of innovation and production, according to a senior director from the World Bank in Washington DC. Providing the keynote speech at the Agricultural Science Association (ASA)...

Euro zone: Banks to return 5.98 billion euros in crisis loans to ECB next week

2014-09-12 00:00:00

Banks will return 5.975 billion euros (4.75 billion pounds) in long-term loans to the European Central Bank next week after it launched another plan to boost the economy on top of a four-year loan programme due to start later this...

Russia\\\'s central bank waves off inflation fears

2014-09-12 00:00:00

The Russian Central Bank left its key interest rate on hold at a regular meeting on Friday, arguing that inflation is still on track to hit its medium-term target even though it is set to remain above 7 percent this...

India consumer inflation in August eases to 7.80 pct

2014-09-12 00:00:00

India's annual consumer price inflation eased to 7.80 per cent in August, data showed on Friday, helped mainly by slower annual increases in prices of fuel, light and clothes. The data was in line with a Reuters poll forecast and...

AL leader killed in Sylhet

2014-09-12 00:00:00

A local leader of Awami League was killed when a truck hit his motorcycle in Jaintapur Upazila in Sylhet district on Friday. The dead is Mokhlesur Rahman Doula, 60, general secretary of Jaintapur Upazila unit of the ruling party. Witnesses...

Deflation risk warning as CPI growth eases

2014-09-12 00:00:00

China's inflation moderated to a four-month low in August, with an analyst warning that the country faces higher deflation risks and calling for policies to ease to counteract any further economic slowdown. The Consumer Price Index, the main gauge of...

Man killed in Rajshahi, youth\\\'s body recovered in Natore

2014-09-12 00:00:00

A man was tortured to death by some miscreants in Tanore Upazila in Rajshahi while police recovered the body of a young man from Rameswarpur village under Natore Sadar Upazila on Friday morning. Anwar Hossain, Officer-in-Charge of Tanore Police Station,...

12 held for cheating in DU \\\'Ka\\\' unit entry test

2014-09-12 00:00:00

A dozen students have been detained for allegedly adopting unfair means in the Dhaka University’s ‘Ka’ unit entry test. Friday's admission test under the science faculty was held at different centres across Dhaka city. Acting DU Proctor Amzad Ali claimed...

Bimstec Secretariat set to start its journey Saturday

2014-09-12 00:00:00

The Secretariat of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (Bimstec) is going to start its formal functioning Saturday which is expected to enhance Bangladesh’s image among the international community and deepen mutual understanding and cooperation...