TOKYO, July 23 (AFP) : The euro touched multi-month lows against the dollar and yen on Wednesday as investors fret about the impact on the eurozone economy of possible fresh sanctions against Russia following the downing of Flight MH17. In...
SHANGHAI, July 23 (Reuters) : Shanghai police said on Wednesday they detained five people in an investigation into a Chinese-based supplier of foreign fast-food brands including KFC and McDonald's Corp over allegations the firm supplied out-of-date meat. The five detained...
NEW DELHI, July 23 (AFP) : Jet Airways, India's second-biggest carrier, forecast Wednesday a return to profit in three years through cost-cuts, route-sharing with new partner Etihad Airways and restructuring of hefty debt. The publicly traded airline, which has not...
FE Report | 2014-07-24 00:00:00
Stocks returned to the red Wednesday after two sessions upturn as most of the investors booked short-term profit on large cap stocks ahead of Eid vacation. Today (Thursday) will be the last working day ahead of the ensuing Eid-ul-Fitr on...
FE Report | 2014-07-24 00:00:00
WiMAX licence holder company -Ollo- got full freedom to use 800 MHz spectrum as a result of High Court verdict, said a statement of the company Wednesday. Ollo known as ISP (Internet Service Provider) operator with around 30 thousand users...
PUNE, July 23 (Business Standard): India's largest IT services provider Tata Consultancy Services (TCS) today became the company with the highest market cap. The company's stock price hit a 52-week high on the Bombay Stock Exchange (BSE) at Rs 2,580.60...
Asian stocks rise as focus shifts from risk aversion TOKYO, July 23: An index of Asian shares touched a fresh three-year high on Wednesday as some markets focused on company earnings more than geopolitical tensions while the Australian dollar spiked...
Mohammad Ali | 2014-07-24 00:00:00
edotco Bangladesh Company Ltd, a tower operating firm, looks to provide comprehensive solutions of integrated telecommunications infrastructure to all telecom operators in the country, its high official said. Launched a year ago here, its main service is to consolidate the...
MUMBAI, July 23 (Reuters): The Nifty rose to a record high on Wednesday, gaining for a seventh straight session, led by technology stocks on continued buying by foreign-investors on a positive earnings outlook, while firm Asian markets also helped sentiment....
LONDON, July 23 (Reuters): European equities edged higher in early trade on Wednesday, extending gains from Tuesday after a batch of positive earnings and US economic data briefly calmed worries over stretched valuations and the pace of economic recovery. However,...
KOLKATA, July 23 (Business Standard): Syndicate Bank plans to raise Rs 11.0 billion through a qualified institutional placement (QIP) in the current financial year, its chairman and managing director Sudhir Kumar Jain said today. The fund raising programme will lead...
HONG KONG, July 23 (Reuters): An index of major China companies listed in Hong Kong on Wednesday surged to its highest close this year, as investors piled into financial and energy stocks seen as undervalued. The China Enterprises Index climbed...
MUMBAI, July 23 (Reuters): Singapore Exchange Ltd has opened an office in Mumbai to attract listings and capital raising from India at a time when the Narendra Modi government is also seeking to allow more companies to raise funds abroad....
In the wake of the BNP-led 20-party's frequent threats to wage a strong movement after Eid, the government is reportedly planning to resist it through launching a drive to arrest BNP leaders and activists in old cases and intimidating them...
LONDON, July 23 (UNB): Apparently indicating BNP that the party was trying to burn all with the heartburn of its failure, Prime Minister (PM) Sheikh Hasina said Tuesday they would not be able to cause any harm to the country...
Claiming that there is no division or grouping in BNP's Dhaka City unit, its convener Mirza Abbas said Wednesday that the newly formed committee was committed to working together and playing a vital role in the party's coming anti-government movement,...
Shipping Minister Shajahan Khan said Wednesday that no irregularities in launches or ferryghats during the upcoming Eid-ul-Fitr would be tolerated, reports BSS. "Mobile court will be deployed at Sadarghat during the Eid to check irregularities. Besides, law enforcement agencies will...
FE Report | 2014-07-24 00:00:00
The Anti-corruption Commission (ACC) sent notices to a customs commissioner and his wife seeking wealth statements following the allegations of illegal wealth accumulation. The Commission Wednesday served the notices asking them to submit their wealth statements to the ACC within...
FE Report | 2014-07-24 00:00:00
The government will soon launch a crackdown on non-users of jute bags to ensure mandatory use of jute sacks for packaging foodstuff and agricultural produce under the existing Jute Packaging Act. The authorities will launch mobile court drives in mills,...
Aquamarine Distribution Limited (ADL), the distributor of Sanofi Bangladesh, opened six brand new branches in the country. Dr Asim Jamal, Managing Director of Sanofi Bangladesh, formally inaugurated the branches as the chief guest at a function at Radisson Blu Hotel...
FE Report | 2014-07-24 00:00:00
State Minister for Foreign Affairs Shahriar Alam MP called upon Wednesday the UN to make its voice louder against Israeli atrocities in Gaza and the Security Council should take steps to stop it. He gave the call at a meeting...
FE Report | 2014-07-24 00:00:00
The Vatican has felicitated the Muslims on the occasion Eid-ul-Fitr and wished them as well as the world community peace and wellbeing, putting an end to strife and inter-religious animosities. Cardinal Jean-Louis Tauran, president of the Pontifical Commission of Interreligious...
The government is close to hire an advertisement firm to launch a publicity campaign on its success in the power sector, sources said Wednesday, reports UNB. According to official sources at the Power Division, Grey Advertising--a local advertising firm--has already...
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