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Pakistani cleric says talks with government failed

2014-08-28 00:00:00

A fiery Pakistani cleric who has been leading a mass rally outside parliament demanding Prime Minister Nawaz Sharif's resignation said on Thursday that he has ‘shut the door’ on further talks with the government. The development was a worrisome sign...

Create domestic market to strengthen economy: PM

2014-08-28 00:00:00

Prime Minister Sheikh Hasina has called for creating domestic market of Bangladeshi goods and raising the buying capacity of the people to strengthen the base of the economy. ‘It won't be proper to only consider the export. We will have...

France rules out Assad as partner in terror fight

2014-08-28 00:00:00

French President Francois Hollande has ruled out an international partnership with Syria's leader to fight against the Islamic State group, saying any alliance with Bashar Assad would play into the militants' hands. In a wide-ranging speech Thursday to international ambassadors,...

Miscreants slaughter man in Chuadanga

2014-08-28 00:00:00

Some miscreants slaughtered a man and dumped the body in Batiapara village in Alamdanga Upazila of Chuadanga district on Thursday morning. The deceased was identified as Md Tokon alias Kayar Tokon, 40, son of late Moslem Uddin Mandal, hailed from...

Lecture on public admin, bureaucracy held at BRUR

2014-08-28 00:00:00

A discussion on ‘Public Administration as an Academic Discipline and Understanding Bureaucracy: Perspective Bangladesh’ washas been at Begum Rokeya University, Rangpur (BRUR), on Wednesday. Department of Public Administration of BRUR organised the 1st discussion under ‘The Public Administration Lecture Series’...

Updated building code recommends formation of regulatory body

2014-08-28 00:00:00

The updated Bangladesh National Building Code (BNBC) recommends setting up an authority, Bangladesh Building Regulatory Authority (BBRA), to bring all agencies that accord approvals for the construction of new structures under a single umbrella, aiming to enforce the building code...

Philippine Q2 GDP growth fastest in five quarters

2014-08-28 00:00:00

The Philippine economy grew at its fastest pace in more than a year in the second quarter even as government spending slowed, strengthening views the central bank will raise interest rates again to curb inflation. The Southeast Asian economy remains...

US embassy closed on Sunday

2014-08-28 00:00:00

The Embassy of the United States of America will remain shut on Sunday on the occasion of America’s Labour Day. A press release, issued today by the US embassy in Dhaka, said the embassy’s consular section, Archer K Blood American...

French economy minister takes aim at 35-hour week

2014-08-28 00:00:00

France's new pro-business Economy Minister Emmanuel Macron ran into trouble with trade unions on Thursday for suggesting companies could be allowed exemptions to France's 35-hour week. Introduced by a previous Socialist-led government in 2000 in a bid to redistribute work...

Japanese minister calls on DU VC

2014-08-28 00:00:00

Japan’s Senior Vice Minister for Education, Culture, Sports, Science and Technology Yoshitaka Sakurada has called on Dhaka University (DU) Vice Chancellor Prof Dr AAMS Arefin Siddique at the latter’s office at the university campus. Senior Deputy Director-General of Science and...

Bangladeshi injured by BSF at Benapole

2014-08-28 00:00:00

A Bangladeshi man was injured after being beaten by India’s Border Security Force (BSF) personnel at Benapole union at Sarsa Upazila in Jessore on Thursday. The victim is Abdul Malek, 28, son of Arshad Ali of Agrabhulat village. Border Guard...

German joblessness up slightly in August, rate steady at 6.7 per cent

2014-08-28 00:00:00

German unemployment posted a small but unexpected increase in August but the jobless rate held steady at just 6.7 per cent, the Labour Office said on Thursday, suggesting the job market in Europe's largest economy remains intact. The number of...

Matin still unconscious a week after operation

2014-08-28 00:00:00

Language Movement veteran Abdul Matin is still unconscious even a week after he underwent brain surgery, according to his family. His brother-in-law Tipu Biswas today said: ‘He has not yet regained consciousness after the surgery. (His) condition is neither good...

Spanish GDP lifts 0.6% in Q2

2014-08-28 00:00:00

Spain's economy has grown by 0.6 per cent in the second quarter compared with output in the previous three months, the fastest rate since 2007 in a further sign of recovery from recession. The Spanish economy, the eurozone's fourth largest,...

SUST teacher attacked at own office

2014-08-28 00:00:00

A teacher of Sylhet's Shahjalal University of Science and Technology (SUST) was hacked by one of his students on Thursday. Social Works Department head Neaz Ahmed was attacked with knife and machete at his office. He had been rushed to...

Alibaba’s results improve ahead of IPO

2014-08-28 00:00:00

Alibaba Group Holding Ltd. reported a surge in revenue and earnings for its latest quarter, driven in part by increased activity on mobile devices, though its profit margin narrowed. Alibaba’s plan for a potentially record-breaking initial public offering is prompting...

Qantas suffers $2.8bn loss

2014-08-28 00:00:00

Qantas has suffered a huge $2.8 billion loss in the wake of the airline’s profit-draining battle with rival Virgin and another poor performance from its international division. The airline posted a net loss of $2.84bn for the year to 30...

Pernod Ricard full-year profit rises 2 pct

2014-08-28 00:00:00

French spirits maker Pernod Ricard reported full-year underlying profit growth of 2 per cent on Thursday, broadly in line with analysts' expectations, amid persistent weakness in China. The world's second-biggest spirits group behind Britain's Diageo said full-year 2013/14 sales fell...

CNOOC H1 net profit falls 2.3 pct

2014-08-28 00:00:00

State-run Chinese offshore oil and gas producer CNOOC Ltd reported a 2.3 per cent drop in its first-half net profit due to a surge in production costs, but the fall was less than analysts had forecast. CNOOC posted a consolidated...

Parents get baby stolen from DMCH Aug 21

2014-08-28 00:00:00

A baby, rescued after it had gone missing for a week from Dhaka Medical College Hospital, has been returned to its parents on Thursday. Rapid Action Battalion (RAB) personnel traced the newborn to Gazipur on Thursday after it was stolen...

Swiss bank Lombard Odier reveals results for first time

2014-08-28 00:00:00

The private bank Lombard Odier unveiled its financial results publicly for the first time in its 218-year history on Thursday, reporting a profit and becoming the latest Swiss financial institution to pull back the curtain on what has been a...

SQ Chy\\\'s son, wife, 5 others charge-sheeted

2014-08-28 00:00:00

Police on Thursday pressed charges against 7 people, including the wife and son of condemned war crimes convict Salauddin Quader Chowdhury, in a case filed over leaking the draft of verdict in the war crimes case against the BNP leader....

China\\\'s ICBC says hopes to issue 35 billion yuan

2014-08-28 00:00:00

Industrial and Commercial Bank of China (ICBC) could issue up to 35 billion yuan ($5.7 billion) of overseas preference shares within the year, the bank's Chairman Jiang Jianqing said at a media conference in Beijing on Thursday. The bank had...

UK watchdog fines Deutsche Bank $8 million

2014-08-28 00:00:00

Britain's financial regulator has fined Deutsche Bank AG (DBKGn.DE) 4.7 million pounds ($8 million) for wrongly reporting certain market transactions for nearly six years. The Financial Conduct Authority said in a statement on Thursday the bank failed to accurately report...

US q2 growth strengthens; jobless claims fall again

2014-08-28 00:00:00

The US economy rebounded more strongly than initially thought in the second quarter with more of the growth being driven by domestic demand and less by restocking by businesses. Gross domestic product expanded at a 4.2 per cent annual rate...

Microsoft CEO Nadella to visit China amid antitrust probe

2014-08-28 00:00:00

Microsoft Corp Chief Executive Officer Satya Nadella is set to visit China in late September, a source familiar with the matter said on Thursday, as the Chinese government conducts an antitrust investigation into the world's largest software company. It is...

Well-8 of Rashidpur starts gas supply Friday

2014-08-28 00:00:00

Gas supply to the national grid from the well-8 of Rashidpur Gas Field would start on Friday, which will increase the supply up to 1.2-1.2 million cubic feet per day. Pertrobangla Chairman Professor Dr Hossain Monsur will inaugurate the operation,...

India cow row \\\'settled by DNA tests\\\'

2014-08-28 00:00:00

A woman in the southern Indian state of Kerala is set to win a court battle to keep a cow after DNA tests proved it belongs to her, her lawyer says. The woman, TS Sashilekha, had been accused by her...

Amu off to Turkey to attend Izmir Fair

2014-08-28 00:00:00

Industries Minister Amir Hossain Amu on Thursday left Dhaka for Istanbul to attend the five-day 83rd Izmir International Fair in Turkey. The minister will attend the fair at the invitation of the Turkish government, said an official release, according to...

US embassy will remain closed on Aug 31

2014-08-28 00:00:00

The US Embassy in Dhaka will remain closed on August 31 (Sunday) on the occasion of the US Labour Day, as a national holiday, a press release said in Dhaka on Thursday, according to a news agency.