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Ukraine pushes gold price

2014-09-02 00:00:00

The price of gold rose on the European spot market on Monday, pushed up slightly by the escalation of the conflict in eastern Ukraine. Spot gold was at $1,289.22 a troy ounce, up 0.2 per cent in morning European trade....

Australian dollar drops below 93 US cents

2014-09-02 00:00:00

The Australian dollar has taken a hit from renewed interest in the US dollar. At 1700 AEST on Tuesday, the local currency was trading at 92.89 US cents, down from 93.49 cents on Monday. 'Following the US Labor Day trading...

BSE index crosses 27,000-mark

2014-09-02 00:00:00

India's benchmark BSE index on Tuesday surged past the psychologically key level of 27,000 to a third consecutive record high, as blue-chips such as HDFC Bank gained after recent data raised hopes about the economy.The 30-share BSE index rose as...

Australian shares close higher

2014-09-02 00:00:00

The Australian share market gained ground in afternoon trade to close higher, despite lower iron ore prices and no surprises from the RBA's latest board meeting. At the close on Tuesday, the benchmark SP/ASX200 index was up 28.7 points, or...

Copper futures close lower

2014-09-02 00:00:00

Copper futures closed lower on the London Metal Exchange on Monday, weighed down by poor manufacturing data from China, while aluminum edged sideways after its recent winning streak. The LME's three-month copper contract was down 0.6 per cent at $6,941...

PM for better coordination among Asia-Pacific intelligence agencies

2014-09-02 00:00:00

Prime Minister Sheikh Hasina has stressed the need for better coordination among intelligence agencies of Asia Pacific region to overcome the security challenges. ‘The security challenges that confront the mankind today cannot be faced alone by any country. The world...

Oil dips amid US holiday, China data

2014-09-02 00:00:00

Global oil prices slid on Monday in subdued deals before a public holiday in the United States and as dealers digested weak Chinese manufacturing data, analysts said. Losses were however capped by lingering unease over Russia-Ukraine tensions, analysts said. Brent...

CU bus vandalised a day after bomb attack on shuttle train

2014-09-02 00:00:00

A bus meant to carry faculty members of Chittagong University (CU) has been vandalised a day after a shuttle train heading for campus was bombed. Three suspects have been arrested from as many as three dormitories following the incident on...

West Indies beat Bangladesh by 10 wickets in first Test

2014-09-02 00:00:00

Tarique joins BNP founding prog in London

2014-09-02 00:00:00

BNP's Senior Vice Chairman Tarique Rahman joined a programme in London organised to mark the party’s 36th founding anniversary on Tuesday. BNP’s UK unit organised the function at Autrium Banquetting Hall in East London in the early hours of Tuesday...

Dollar General raises Family Dollar bid to $9.1B

2014-09-02 00:00:00

Dollar General is boosting its bid for rival Family Dollar to approximately $9.1 billion and says it's now willing to more than double the number of stores it would shed to avoid trouble with regulators. The newest bid from Dollar...

Cancer patient commits suicide at DMCH

2014-09-02 00:00:00

A patient at the Dhaka Medical College and Hospital (DMCH) has killed himself on Tuesday. Md Nurunnabi, 40, hailing from Lakhshmipur, jumped off from the 8th floor of the hospital around 9.45am. He was being treated for cancer. DMCH’s Director...

Sachin Tendulkar’s autobiography

2014-09-02 00:00:00

The much-awaited autobiography of batting icon Sachin Tendulkar will hit the stands on November 6 with a high-profile release of the book in his home city Mumbai. The book, titled ‘Playing It My Way’, will be published worldwide by Hodder...

Tropical Storm Dolly forms off Mexico\\\'s coast

2014-09-02 00:00:00

Tropical Storm Dolly headed Tuesday for a soggy collision with Mexico's Gulf coast. The storm's maximum sustained winds early Tuesday were near 50 mph (85 kph) and it was forecast to strengthen as it approaches the coast Tuesday night and...

1-800-FLOWERS buying Harry & David for $142.5M

2014-09-02 00:00:00

1-800-FLOWERS.COM Inc. is buying Harry & David for $142.5 million to help broaden the assortment of foods that its customers can choose as gifts. The deal includes Harry & David Holdings Inc.'s brands, websites, 47 retail stores, some plants, orchards...

Norwegian to buy luxury cruise operator Prestige

2014-09-02 00:00:00

Norwegian Cruise Line is getting into the luxury cruise business by acquiring Prestige Cruises International in a deal worth about $3 billion. Prestige operates high-end cruise lines Oceania Cruises and Regent Seven Seas Cruises. Norwegian Cruise Line Holdings Ltd., based...

USA: 32 teens escape from Nashville detention center

2014-09-02 00:00:00

Thirty-two teens escaped from a Nashville youth detention center by crawling through a weak spot in a fence late Monday, and more than half of them were still on the run Tuesday, a spokesman said. The teens — ages 14...

Saudi arrests 88 suspects in alleged al-Qaida cell

2014-09-02 00:00:00

Saudi Arabia says it has arrested 88 men who are suspected of being part of an al-Qaida cell that was plotting attacks inside and outside of the kingdom. The announcement Tuesday comes amid the advance of the Islamic State extremist...

South Africa: Police abandon posts in Lesotho, fear for lives

2014-09-02 00:00:00

Police in Lesotho have been told to abandon their posts and not wear uniforms to avoid being targeted in attacks in the kingdom's continuing power vacuum, an official said Tuesday. At least one policeman was killed when the military disarmed...

Ukraine: Russian forces in major rebel cities

2014-09-02 00:00:00

Russian military forces have been spotted in both major rebel-held cities in eastern Ukraine, an official said Tuesday, prompting Ukraine to declare that it now has to fight the Russian army, not just the separatists. The statement on the Russians...

Netflix unveils new way to share recommendations

2014-09-02 00:00:00

Netflix is giving its Internet video subscribers a more discreet way to recommend movies and TV shows to their Facebook friends after realizing most people don't want to share their viewing habits with large audiences. Until now, Netflix subscribers linking...

School starts in Chicago with more safety guards

2014-09-02 00:00:00

Chicago children returned to school Tuesday walking past even more guards than last year, when concerns about safety prompted the city to line the streets with 1,200 adults every day. Thanks to an infusion of $1 million from the city,...

Scottish opinion poll knocks the British pound

2014-09-02 00:00:00

The British pound slipped sharply after an opinion poll showed that those advocating Scottish independence from the United Kingdom have gained ground, a little more than two weeks before the vote. A YouGov poll released Tuesday showed the ‘no’ lead...

Poland: New Polish prime minister this month

2014-09-02 00:00:00

Poland's government spokeswoman says a new prime minister should be appointed before the end of the month to replace Donald Tusk who will take office as the European Council's president in December. Tusk, a 57-year-old historian, has been democratic Poland's...

US: Halliburton reaches $1.1B oil spill settlement

2014-09-02 00:00:00

Halliburton says it has agreed to pay $1.1 billion to settle a substantial portion of plaintiff claims arising from the 2010 Gulf of Mexico oil spill. The settlement, which is subject to court approval, will be paid into a trust...

Ban Ki-moon backs Aust aid drops in Iraq

2014-09-02 00:00:00

Australia's latest role in Iraq has received the backing of UN chief Ban Ki-moon, as the prime minister warns the ongoing mission carries risks. Within days RAAF aircraft will fly to the Kurdish capital Erbil to provide small arms, ammunition...

Shaw apologises to Victorian parliament

2014-09-02 00:00:00

Independent MP Geoff Shaw has apologised to Victorian parliament after his return from suspension. 'I humbly and sincerely apologise to the house and to the people of Victoria for my breach of the code of conduct for members,' Shaw told...

Australia: Govt axes mining tax, slows super

2014-09-02 00:00:00

The coalition has delivered on its election promise to axe the mining tax but in the process is denying average workers about $100,000 in superannuation. Just days out from the government's first anniversary, a deal was struck with the Palmer...

Australia: Govt axes mining tax, slows super

2014-09-02 00:00:00

The coalition has delivered on its election promise to axe the mining tax but in the process is denying average workers about $100,000 in superannuation. Just days out from the government's first anniversary, a deal was struck with the Palmer...

RBA leaves cash rate on hold

2014-09-02 00:00:00

The Reserve Bank of Australia has left the cash rate at a record low of 2.5 per cent. The RBA's statement covered familiar territory and contained no great surprises, HSBC chief economist Paul Bloxham said. But the board is clearly...