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2 Americans killed in fighting in Gaza Strip

2014-07-21 00:00:00

Authorities and family members say two Americans who were soldiers with the Israel Defense Forces have been killed in fighting in the Gaza Strip. Stuart Steinberg confirmed the death of his 24-year-old son, Max Steinberg said on Sunday. Steinberg, whose...

Quader asks for more time to repair rundown roads

2014-07-21 00:00:00

Communications Minister Obaidul Quader has said it will take another ‘one or two days’ to fix roads and highways ahead of Eid after his self-imposed deadline expired. The minister said on Monday that the government had already finished almost 80...

In violent weekend, at least 40 people shot in Chicago

2014-07-21 00:00:00

An 11-year-girl was shot and killed during a slumber party as violence struck Chicago over the weekend. At least 40 people were shot, and four killed, in weekend violence in the third-largest US city. The deaths included an 11-year-old girl,...

Ukraine nerves send European shares lower

2014-07-21 00:00:00

European stock markets fell across the board on Monday, concerned by an escalation in tensions between Russia and the West and reports the Ukrainian army was moving on a major rebel stronghold. The step up in rhetoric over Russia's involvement...

Julius Baer CEO sees \\\'fair and equitable\\\' solution to US probe

2014-07-21 00:00:00

Julius Baer said it believes it will find a ‘fair and equitable’ solution to a US criminal probe into the Swiss bank's role in helping wealthy Americans evade their taxes. The Zurich-based private bank said it had little substantial information...

Cox\\\'s Bazar airport declared shut after mishap

2014-07-21 00:00:00

The Civil Aviation Authority of Bangladesh (CAAB) on Monday morning declared Cox’s Bazar Airport shut down as an accident-fallen aircraft lay on the only runway of the southern-most airport of the country. After the mishap of a United Airways flight...

A Fox-Time Warner deal would give Murdoch new heft in China

2014-07-21 00:00:00

Rupert Murdoch's plan to buy Time Warner would help the Twenty-First Century Fox chairman make larger inroads in China, a fast-growing market that media moguls are finding hard to crack. Time Warner's board rejected Murdoch's $80 billion offer, but the...

Citi’s Banamex, regulator clash over who played key role in loan fraud

2014-07-21 00:00:00

Preliminary findings of a probe by Citigroup’s Mexican unit, Banamex, into how it lost more than $500 million in a corporate loan fraud differ markedly from the results of a separate investigation by the Mexican banking regulator. Banamex has zeroed...

Miscreants murder Square employee

2014-07-21 00:00:00

Unknown assailants have killed an official of Square Pharmaceuticals at Shalaipur in Pabna on Monday. The victim, Md Hossain, was a resident of Atgharia Upazila. Pabna Police Station OC Haniful Islam said Hossain was heading home at night when the...

Trading firms raised early concerns about Barclays\\\' dark pool: WSJ

2014-07-21 00:00:00

Trading firms and employees raised concerns about high-speed traders at Barclays Plc's ‘dark pool’ months before the United States accused the bank of favoring its high-frequency trading clients, the Wall Street Journal reported, citing people familiar with the firms. New...

Nitol Motors, bKash ink deal

2014-07-21 00:00:00

Nitol Motors Limited and bKash Limited recently signed an agreement under which bKash will collect monthly installments from Nitol Motors’s customers who purchase vehicles in installments. Abdul Matlub Ahmad, Chairman of Nitol Motors and Kamal Quadir, Chief Executive officer of...

UP member shot dead in Ctg

2014-07-21 00:00:00

A union Parishad (UP) member was shot to death by miscreants at Nangalmora in Hathazari upazila of Chittagong early Monday. The dead is Anwar Hossain Jasim, 38, member of Ward No 7 of Nawazishpur Union Parishad under Raozan upazila of...

NABE survey points to rising US wage pressures

2014-07-21 00:00:00

The share of US companies raising wages more than doubled in the three months to July from a year ago, a survey showed on Monday, suggesting a faster pace of wage growth. The National Association for Business Economics' (NABE) latest...

Tesco CEO Clarke to leave after profit warning

2014-07-21 00:00:00

Tesco boss Philip Clarke is to quit after Britain's biggest retailer warned it would miss profit forecasts, bringing an abrupt end to a disastrous three year reign. Clarke, who has spent more than 1 billion pounds ($1.7 billion) on a...

RWASA implements Tk 340m project

2014-07-21 00:00:00

Rajshahi Water Supply and Sewerage Authority (RWASA) has implementing a project by spending around Tk 340 million in order to bring a qualitative change in the city’s water supply system. According to concerned sources, implementation works of the two-and-half-year project...

Russian stocks, ruble fall over Ukraine crisis

2014-07-21 00:00:00

Russian stock markets fell on Monday as investors expressed alarm at the escalating crisis in Ukraine following the Malaysian plane disaster and the prospects of tougher sanctions doing more damage to the Russian economy. Moscow's ruble-denominated Micex stock exchange was...

Asian shares mixed after MH17 losses

2014-07-21 00:00:00

Asian markets were mixed on Monday, as bargain-hunting was offset by lingering geopolitical concerns after last week's downing of a Malaysian airliner in Ukraine. With traders still on edge after Thursday's tragedy, which the United States has said was caused...

Eid special steamer service from Thursday

2014-07-21 00:00:00

Bangladesh Inland Water Transport Corporation (BIWTC) will start a 13-day special steamer service for Eid passengers from Thursday (July 24). A BIWTC official said the special steamer service will start from the Dhaka-end on the occasion of Holy Eid-ul-Fitr with...

European stock markets flatten at open

2014-07-21 00:00:00

Europe's main stock markets flattened at the start of trade on Monday, as cautious investors tracked geopolitical developments in Ukraine and the Middle East. In initial deals, London's benchmark FTSE 100 index was almost unchanged at 6,749.12 points, Frankfurt's DAX...

European markets slip, with focus on geopolitics

2014-07-21 00:00:00

Europe's main stock markets began the week in negative territory on Monday as cautious investors tracked geopolitical developments in Ukraine and the Middle East. In late morning deals, London's benchmark FTSE 100 fell 0.21 per cent to 6,735.29 points, Frankfurt's...

Subhan\\\'s counsel concludes quizzing PW-21

2014-07-21 00:00:00

Advocate Mizanul Islam, counsel for Jamaat-e-Islami leader Mawlana Abdus Subhan, on Monday concluded cross-examining 21st prosecution witness (PW) at the International Crimes Tribunal (ICT)-2. The witness, Md Shahidullah, testified against the nayeb-e-ameer of Jamaat-e-Islami on July 16, accusing him for...

Test formalin detector: HC

2014-07-21 00:00:00

High Court has ordered that the formalin detectors which are used in Bangladesh should be properly examined. Justices Salma Masud Chowdhury and Md Habibul Gani gave the order on Monday after a writ petition was filed claiming the machine –...

Britain wants tougher sanctions against Russia over MH17

2014-07-21 00:00:00

Britain will push for EU sanctions targeting whole sectors of the Russian economy in the wake of the Ukraine plane disaster even if it means taking a short-term ‘hit’ to the economy, its ministers said on Monday. Deputy Prime Minister...

Khaleda hearing deferred again

2014-07-21 00:00:00

The Appellate Division of the Supreme Court has deferred yet again a hearing on two petitions filed by Khaleda Zia, questioning the legality of the appointment of a judge who indicted the BNP chief in two graft cases. A five-member...

Iraq Catholic leader says Islamic State worse than Genghis Khan

2014-07-21 00:00:00

The head of Iraq's largest church said on Sunday that Islamic State militants who drove Christians out of Mosul were worse than Mongol leader Genghis Khan and his grandson Hulagu who ransacked medieval Baghdad. Chaldean Catholic Patriarch Louis Raphael Sako...

China\\\'s Xi in Venezuela seeking trade, oil deals

2014-07-21 00:00:00

Chinese President Xi Jinping is set to meet the head of Venezuela's National Assembly Monday and sign agreements that will tie his energy-hungry country to the South American oil-rich state. Xi's meeting with Diosdado Cabello comes on the last day...

RU Eid vacation begins Tuesday

2014-07-21 00:00:00

Rajshahi University (RU) goes on a 15-day Eid vacation from tomorrow (Tuesday), an RU press release said on Monday. All the regular classes will remain closed during the period and examinations will not be held. The regular classes will resume...

Bollyhood football team

2014-07-21 00:00:00

Bollywood film community members pose at a charity football match organized by Ira Khan, daughter of film actor Aamir Khan in Mumbai on July 20, 2014, according to AFP.

Yunus meets Suu Kyi in Yangon

2014-07-21 00:00:00

Nobel Laureate Prof Muhammad Yunus met Myanmar democratic icon and Nobel Peace laureate Aung San Suu Kyi at her home in Yangon. During the first-ever meeting between the two Nobel laureates, Yunus briefed Suu Kyi about social business programmes in...

Five bodies found as Italian navy rescues hundreds of migrants

2014-07-21 00:00:00

More than 800 migrants were rescued overnight while attempting to cross the Mediterranean, the Italian navy said on Monday, while five bodies were recovered in the operation. The latest rescue comes amid a surge in the number of migrants attempting...