Rabbis from across Asia on Tuesday celebrated the reopening of a Jewish center targeted by rampaging Pakistani gunmen who stormed through Mumbai on a 60-hour killing spree in 2008. The attacks on the Chabad center and other iconic locations in...
Powerful Hurricane Marie kicked high swells along Mexico's northern Pacific coast on Monday, even as it weakened to a Category 3 storm. The US National Hurricane Center said it would likely raise dangerous waves along the Southern California coast this...
Cristobal moved away from the Bahamas after strengthening into a hurricane, leaving a swath of soaked Caribbean islands and at least five fatalities in its wake. The US National Hurricane Center in Miami said that by early Tuesday the hurricane...
Enrique Zileri, who as longtime director of Peru's leading newsmagazine defied despotism and battled corruption with stubborn independence, died Monday at age 83. Under Zileri, Caretas magazine was highly critical of the dictatorships that have afflicted modern Peru, Nobel literature...
Seven people, including six high official of the Oriental Bank (now the ICB Islamic Bank), have been sentenced to rigorous imprisonment for a loan fraud. The court of Dhaka's Fourth Special Judge Aminul Islam gave the verdict on Tuesday in...
The Executive Committee of National Economic Council (Ecnec) on Tuesday approved three development projects involving Tk 2.76 billion (Tk 270.61 crore), including one to formulate and conserve land survey and records through digital method with an outlay of Tk 920.78...
Renowned educationist, writer, TV personality, environmental and social activist and the founder of Bishwo Shahitto Kendro Professor Abdullah Abu Sayeed Monday spoke at a session of the EBL Leadership Lecture Series at The Westin Dhaka. Professor Sayeed, talked about his...
The Accor hotel group, ranking sixth in the sector worldwide and number one in Europe, reported a leap in first-half net profit on Tuesday and set ambitious targets for the full year. The company, which does not own all of...
Prime Minister Sheikh Hasina on Tuesday underscored the need for undertaking realistic programmes by the Developing-8 (D-8) nations for their common uplift. The main focus of the D-8 countries should be overall development of the OIC states by undertaking realistic...
The elite of Swiss private banks on Tuesday begin lifting the veil on their books after a radical shift in their business model, amid tougher international regulations and crackdowns on tax dodgers. Geneva's Bank Pictet broke with a 209-year-old tradition...
The Russian government has approved injecting 239 billion rubles ($6.6 billion, 5 billion euros) into two of the country's largest, state-controlled banks that have been hit with Western sanctions. VTB Bank will get the lion's share of the funds, 214...
South Africa narrowly avoided slipping into recession in the first half of the year, official data showed on Tuesday, as the economy grew by a meagre 0.6 per cent in the second quarter. Africa's most advanced economy had shrunk in...
A college student was chopped to death by unknown miscreants in Harigari area of Bogra town on Monday night. The deceased was identified as Abul Kashem, student of a private paramedical institute and son of Thandu Talukder, a resident of...
Oil rose on Tuesday on geopolitical tensions in crude producers Iraq and Libya as well as Ukraine, a key conduit for Russian gas exports to Europe, dealers said. However, market gains were capped by ongoing jitters over abundant crude supplies...
Turkmenistan broke ground on Tuesday on a $1.7 billion facility to convert its abundant natural gas into synthetic gasoline. ‘The construction of such an advanced facility clearly demonstrates the dynamic growth of our economy,’ President Gurbanguly Berdymukhamedov said after laying...
India's anti-trust watchdog has fined 14 automakers a total of $420 million for restricting competition in the spare parts market and driving up prices, an official said on Tuesday, a few days after Chinese regulators took similar action. The Competition...
Australian mining magnate turned lawmaker Clive Palmer has apologized to China over an extraordinary tirade on national television in which he called the Chinese ‘bastards’ and ‘mongrels’ and accused Beijing of trying to take over Australia. Following the volatile multimillionaire's...
Governments should ban the sale of e-cigarettes to minors, the World Health Organisation said Tuesday, warning that they pose a ‘serious threat’ to foetuses and young people. The UN health body also recommended that the cigarette-shaped electrical devices be banned...
Burger King said Tuesday it had agreed to buy Canadian rival Tim Hortons in an $11 billion deal that will create the world's third-largest fast-food chain. The new company will be headquartered in Canada, Burger King said in announcing the...
US online retail giant Amazon has bolstered its Internet video presence, whistling past Google to snatch up Twitch and its huge audience for live-streamed gaming. The acquisition, announced Monday, is one of the largest in Amazon 's history: $970 million...
Microsoft Corp's (MSFT.O) sales of its media player and internet browser software in China have been ‘problematic,’ a Chinese antitrust regulator said on Tuesday, in response to questions about an ongoing anti-monopoly probe into the technology giant. Zhang Mao, the...
The Asian Development Bank has raised $50 million through offshore, rupee-linked, the lender said in a statement on Tuesday. The rupee-denominated bonds would be settled in US dollars and would mature in August 2016, the statement said. The bonds were...
Hungary's central bank MNB kept its base interest rate at a record low of 2.10 per cent on Tuesday, the first time for 25 months it did not cut the benchmark rate. The move was in line with analyst expectations...
The head of the International Monetary Fund faced a fourth round of questioning Tuesday over a multi-million-euro corruption case relating to her time as French finance minister in 2008. Christine Lagarde made no comment to reporters as she entered the...
Argentine authorities have opened an investigation into the financial affairs of tennis star Juan Martin del Potro, who is suspected of tax evasion, officials said Monday. Local press reported that the case against del Potro, ranked 13 in the world,...
Social Islami Bank Limited (SIBL) has got authorities’ consent to raise its capital up to Tk 3.0 billion only through Mudaraba Subordinated Bond. It received the permission from Bangladesh Securities and Exchange Commission (BSEC), according to DSE website on Tuesday....
A ferry carrying over 500 passengers and 12 buses and trucks went out of order after being stuck in a hidden shoal in the middle of the Meghna River in Bhola on Tuesday. Sources at the Bangladesh Inland Water Transport...
The government on Tuesday signed a memorandum of understanding (MoU) with WaterAid Bangladesh to construct and renovate public toilets in Dhaka city. Representatives of Dhaka North City Corporation, Dhaka South City Corporation, Dhaka WASA and WaterAid Bangladesh signed the MoU...
Director General (DG) of Border Guard Bangladesh (BGB) Maj Gen Aziz Ahmed on Tuesday said there is no existence of any insurgent or terror group in Bangladesh as the country never allows any such group to use its soil against...
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