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GP offers free internet for two days

FE REPORT | 2024-08-10 00:00:00

Grameenphone, the leading mobile network in the telecom sector, announced on Friday that its customers would have the opportunity to use the internet for two days (Friday and Saturday) without any charge. Customers do not need to recharge or purchase...

BGB detains ex-SBAC chairman from Satkhira border

2024-08-10 00:00:00

Khulna, Aug 9 (UNB): Border guards said on Friday they detained S.M. Amjad Hossain, former chairman of South Bangla Agricultural and Commerce Bank, while trying to illegally cross into India through Satkhira's Bhomra border.Amjad, along with a Barishal city Awami...

E-com giant Huang tops China's rich list

2024-08-10 00:00:00

BEIJING, Aug 9, AFP: E-commerce tycoon Colin Huang has become China's richest man, an index showed on Friday, capping an ascent for the former Google employee whose shopping site Temu has sucked in consumers with its low prices and all-powerful...

Australia-BD chamber greets interim govt

2024-08-10 00:00:00

Australia Bangladesh Chamber of Commerce and Industry (ABCCI) has greeted the Interim government headed by Nobel Laureate Prof Dr Muhammad Yunus, reports BSS. "On behalf of the ABCCI, We extend our heartfelt congratulations to the newly-formed interim government of the...

2.0b can't afford healthy diet globally: IFPRI report

FE REPORT | 2024-08-10 00:00:00

An international report released on Thursday emphasised urgent need for transformative actions to ensure sustainable and healthy diets for all.Co-authored by 41 researchers from the International Food Policy Research Institute (IFPRI) and partner organisations, the 2024 Global Food Policy Report:...

Rollercoaster week in US stocks leaves investors braced for bumps ahead

2024-08-10 00:00:00

NEW YORK, Aug 9 (Reuters): A week of wild market swings has investors looking ahead to inflation data, corporate earnings and presidential polls for signals that could soothe a recent outbreak of turbulence in US stocks.Following months of placid trading,...

Asia-Pacific markets up

2024-08-10 00:00:00

Asia-Pacific markets closed higher on Friday, tracking gains on Wall Street after new labor market data boosted investor confidence in the US economy and eased recession concerns following a sharp market sell-off earlier in the week, reports CNBC.Australia's S&P/ASX 200...

City Bank's profit grows 6pc in Q2

FE REPORT | 2024-08-10 00:00:00

City Bank PLC has posted a 6 per cent growth in second-quarterly profit, riding on higher interest income following removal of the interest rate cap.The private lender earned a consolidated net profit of Tk 1.57 billion in April-June quarter this...

Market cap surges by Tk 506b as investors' optimism rides winds of change

FE REPORT | 2024-08-10 00:00:00

Stocks saw a steep rise in the outgoing week after a three-week fall, with the benchmark equity index surpassing 5,900-mark after four and a half months, as investors rushed into the market riding on renewed optimism.Market experts said spontaneous participation...

Brazil's Barbara Domingos performs

2024-08-10 00:00:00

Brazil's Barbara Domingos performs with the hoop as she competes in the rhytmic gymnastics' individual all-around final during the Paris 2024 Olympic Games at the Porte de la Chapelle Arena in Paris on Friday — AFP

Sweden's Emilia Nilsson Garip competes in the women's 3m springboard

2024-08-10 00:00:00

Sweden's Emilia Nilsson Garip competes in the women's 3m springboard diving final during the Paris 2024 Olympic Games at the Aquatics Centre in Saint-Denis, north of Paris, on Friday — AFP

Argentina claim Olympic women's hockey bronze

2024-08-10 00:00:00

PARIS, Aug 09 (AFP): Sofia Cairo fired Argentina to women's Olympic hockey bronze as they beat Belgium 3-1 in a shootout after a gripping 2-2 draw on Friday.The fired-up Belgians made the breakthrough in the eighth minute when Emma Puvrez...

Ex-African football supremo Issa dies

2024-08-10 00:00:00

PARIS, Aug 09 (AFP): The former leader of the Confederation of African Football, Issa Hayatou, has died at the age of 78, his compatriot Samuel Eto'o announced on Friday.Former Barcelona star Eto'o, who is currently the president of the Cameroonian...

Miami edge Toronto 4-3 to advance in Leagues Cup

2024-08-10 00:00:00

MIAMI, Aug 09 (AFP): Matias Rojas scored twice and 10-man defending champion Inter Miami edged Toronto FC 4-3 in a Leagues Cup knockout stage opener on Thursday.The hosts advanced to the last 16 against the winner of a Friday match...

Joy in Pakistan village as local hero Nadeem spears Olympic gold

2024-08-10 00:00:00

MIAN CHANNU, Pakistan, Aug 09 (AFP): Dozens of villagers gathered in front of the modest home of Pakistan athlete Arshad Nadeem to watch the hulking javelin thrower take part in the Olympic Games final late Thursday.The event was broadcast live...

McLaughlin smashes world record to retain 400m hurdles crown

2024-08-10 00:00:00

American Sydney McLaughlin-Levrone obliterated her own 400 metres hurdles world record with a time of 50.37 seconds to retain her Olympic title on Thursday, reports Reuters.Anna Cockrell made it a US 1-2 in a time of 51.87 and Dutchwoman Femke...

German cyclist Friedrich breaks women's sprint world record

2024-08-10 00:00:00

PARIS, Aug 09 (AFP): Germany's Lea Friedrich smashed the women's sprint world record on Friday, just minutes after New Zealand's Ellesse Andrews did the same.The 24-year-old blasted round the Saint-Quentin-en-Yvelines velodrome in 10.029secs during qualifying to lay down a marker...

UK teen Toby Roberts clinches Olympic climbing gold

2024-08-10 00:00:00

LE BOURGET, France, Aug 09 (AFP): British teenager Toby Roberts claimed gold in the boulder and lead climbing event at the Paris Olympics on Friday after Japan's Sorato Anraku fell.Roberts, 19, scored 92.1 points on the lead wall, taking his...

Murshedy resigns from BFF posts

2024-08-10 00:00:00

Bangladesh Football Federation (BFF) senior vice president Abdus Salam Murshedy has steppeddown from his post citing personal ground, a BFF press release said.The former star footballer Murshedy, had been the BFF's senior vice president since 2008.He has also resigned from...

BCB congratulates Asif Mahmud on appointment as adviser of Youth and Sports Ministry

2024-08-10 00:00:00

Asif Mahmud Sajeeb Bhuiyan has been made the adviser of Youth and Sports Ministry of the Interim government headed by Nobel Laureate Professor Dr Muhammad Yunus, reports BSS.He was given this responsibility through a gazette notification that was published in...

China consumer prices hit 5-month high, top forecasts

2024-08-10 00:00:00

BEIJING, Aug 9 (AFP): Chinese consumer inflation rose more than expected in July to hit a five-month high, data showed Friday, providing some much-needed positive news on the world's number-two economy.The reading comes as authorities struggle to kickstart activity among...

Bitcoin price climbs to $61,128: trading data

2024-08-10 00:00:00

MOSCOW, Aug 9 (TASS): The price of Bitcoin ticked up by 10.3 per cent during the trading session on Friday and reached $61,128, according to Binance platform trading data.The cryptocurrency slowed down later to $60,708, up 9.56 per cent.Bitcoin is...

Gold holds ground on US Fed rate-cut hopes, lower yields

2024-08-10 00:00:00

Gold prices held steady on Friday after a sharp rise in the previous session, buoyed by a dip in U.S. Treasury yields, as investors grew confident the Federal Reserve will lower interest rates in September, reports Reuters.Spot gold was down...

Corn, soybeans face bearish pressure on hefty supplies

2024-08-10 00:00:00

Chicago Board of Trade (CBOT) corn futures fell on Thursday, and soybean futures set new life-of-contract lows, as U.S. farmers scramble to sell their bins of old-crop grain and oilseeds into a global market awash in supplies, traders said, reports...

Cocoa prices to head higher by end-2024 amid record deficit

2024-08-10 00:00:00

LONDON, Aug 9 (Reuters): Cocoa prices are expected to continue heading higher this year due to persistent supply shortages that will leave them at more than double last year's levels by the end of 2024, a Reuters poll of 12...

Global oil demand needs to rise faster to absorb OPEC+ hike

2024-08-10 00:00:00

LONDON, Aug 9 (Reuters): Global oil demand growth needs to accelerate in coming months or the market will struggle to absorb an increase in oil supply that OPEC+ is planning to make from October, according to data, analysts and industry...

Consolidation of cultural mooring is sorely missed

Nilratan Halder | 2024-08-10 00:00:00

All great revolutions in human history have sought to redefine the nature of political power and transform society in favour of the governed, so has this latest student movement in Bangladesh. The uniqueness of this movement is that the original...

News in Brief -2024-08-10

2024-08-10 00:00:00

US may use conflict in Middle East to start World War III: LukashenkoMINSK, Aug 09: Belarusian President Alexander Lukashenko warns that the United States may use the conflict in the Middle East to start a new world war. "God forbid,...

Two Sri Lankan ministers sacked over defection

2024-08-10 00:00:00

COLOMBO, Aug 09 (AFP): Two government ministers who defected from Sri Lanka's main opposition were sacked from the cabinet Friday, after the Supreme Court upheld disciplinary action against them.The decision came ahead of presidential elections next month, the first vote...

Ten killed in Russian strike on Ukraine's supermarket

2024-08-10 00:00:00

MOSCOW, Aug 09 (Reuters): A Russian missile strike hit a supermarket in the Ukrainian town of Kostiantynivka in the front-line Donetsk region on Friday, killing at least ten people and injuring 35 others, Ukrainian officials said.The strike caused a fire...