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Nigeria leader wants $1 bln loan to help fight Boko Haram

2014-07-17 00:00:00

Nigerian President Goodluck Jonathan on Wednesday sought approval from parliament to borrow up to $1 billion abroad to help the armed forces tackle the security threat posed by the Islamist insurgent group Boko Haram. Jonathan, facing intense criticism at home...

Cricket-Duminy takes South Africa past 400 in Galle

2014-07-17 00:00:00

JP Duminy hit a sedate half-century to take South Africa past the 400-run mark by tea on the second day of the first test against Sri Lanka on Thursday. Duminy was unbeaten on 72, scored off 154 balls with seven...

Khaleda flies to S Arabia Saturday

2014-07-17 00:00:00

BNP chairperson Khaleda Zia goes to Saudi Arabia on Saturday to perform Umrah at the invitation of the Saudi government. The BNP chief is scheduled to fly from Hazrat Shahjalal International Airport in a flight of Emirates Airlines on Saturday...

South African regulator orders Wonga to improve compliance

2014-07-17 00:00:00

South Africa's credit regulator said on Thursday it had ordered the local unit of British payday lender Wonga to improve its compliance, after finding the company did not verify the income of its customers. The National Credit Regulator said it...

New US sanctions hit top Russian firms; Kiev says Russia shoots down its jet

2014-07-17 00:00:00

President Barack Obama imposed sanctions on some of Russia's biggest firms for the first time, striking at the heart of Vladimir Putin's powerbase by targeting companies closest to him over Moscow's failure to curb violence in Ukraine. In the latest...

ACC clears charge-sheet against bank officials

2014-07-17 00:00:00

The Anti Corruption Commission (ACC) on Thursday approved a proposal for submission of charge-sheet against 30 people, including 10 bank officials, on charge of embezzling Tk 926 million from Prime Bank. The Commission approved the charge-sheet at its regular meeting...

Israeli official says permanent Gaza ceasefire agreed

2014-07-17 00:00:00

An Israeli official said on Thursday there is an agreement for a comprehensive Gaza ceasefire starting on Friday. In Gaza, there was no immediate confirmation from Hamas and other Palestinian militant groups that they had agreed to halt 10 days...

Tight measures planned for rly security ahead of Eid

2014-07-17 00:00:00

Stringent security measures will be taken in the major railway stations across the country ahead of the Eid- ul-Fitr to avoid passenger harassment and sabotage. ‘Rapid Action Battalion (RAB), police and paramilitary force Border Guard Bangladesh (BGB) alongside railway security...

NTPC warns India\\\'s coal stocks running out

2014-07-17 00:00:00

Six of India's coal-fired power plants do not have enough stocks to weather even a ‘small’ disruption in supplies, with fuel reserves sufficient for only up to two days, the country's largest power producer has warned. State-run NTPC(NTPC.NS) has asked...

Ekram murder prime suspect Minar freed on bail

2014-07-17 00:00:00

BNP leader Mahatab Uddin Ahmmed Chowdhury Minar, the prime suspect in the murder of Feni Awami League leader Ekramul Haq, has been released on bail. He walked out of Feni district jail after a copy of the High Court’s bail...

Thailand\\\'s ex-PM Yingluck given permission to leave country

2014-07-17 00:00:00

Thailand's military rulers have given permission to former Prime Minister Yingluck Shinawatra to travel to Europe where she is expected to attend the birthday party of her brother Thaksin, also a deposed former premier, officers said on Thursday. A military...

5,986 Indians in jails abroad, 1400 in Saudi Arabia, 468 in Pakistan

2014-07-17 00:00:00

There are 5,986 Indian nationals lodged in foreign jails with the highest being in Saudi Arabia. 71 Indian nationals have completed their sentences and are waiting for completion of deportation formalities in the foreign jails, minister of state for external...

Riyadh killing: BCL demands case withdrawal

2014-07-17 00:00:00

Activists of local Bangladesh Chhatra League (BCL) staged demonstrations before Benapole Port Police Station on Thursday demanding the withdrawal of a case filed against some BCL men in connection with the killing of a Jessore University of Science and Technology...

Speaker receives hony doctorate from Essex

2014-07-17 00:00:00

Speaker Dr Shirin Sharmin Chaudhury has received honorary doctorate degree from the University of Essex, UK. Participating in the Graduation Ceremony 2014 held on the eve of its 50th anniversary, Dr Sharmin on Wednesday received the degree from Pro-Chancellor of...

US for connectivity across Bay region: Biswal

2014-07-17 00:00:00

The United States (US) has said it has a tremendous opportunity to encourage physical connectivity by expanding port and ‘last mile’ connectivity across the Bay of Bengal region and linking key Indian, Bangladeshi, and Burmese transit hubs. The connectivity across...

PM hosts Iftar for political leaders

2014-07-17 00:00:00

Prime Minister Sheikh Hasina on Thursday hosted an Iftar party for the leaders of different political parties at her official residence Ganobhaban. The Prime Minister went round different tables set for the guests, exchanged pleasantries with them and enquired about...

Emerson Power appoints Computer Source as BD distributor

2014-07-17 00:00:00

Emerson Network Power has appointed Computer Source Ltd as a distributor for its range of uninterruptible power supply (UPS) and data center infrastructure management (DCIM) products in Bangladesh. The association is part of the company’s plan to partner with the...

Sri Lanka vs South Africa test

2014-07-16 00:00:00

At the tea session of opening day of the first Test between Sri Lanka and South Africa at the Galle International stadium on Wednesday South Africa 194 for 1 wicket (60 overs). D. Elgar not out 102, F. du Plessis...

Workshop on ‘Train the Trainers’ in insurance sector held

2014-07-16 00:00:00

Professional Advancement Bangladesh Limited (PABL), a subsidiary of Green Delta Insurance Company Limited, recently organised a 3-day long workshop titled ‘Train the Trainers’ for the first time in Bangladesh. Paul Archer, Trainer of Chartered Insurance Institute trained the insurance industry...

Ukraine leader urges EU to take tough action against Russia

2014-07-16 00:00:00

Ukrainian President Petro Poroshenko has urged the European Union to take tough action against Russia over the separatist conflict in Ukraine's eastern regions at a summit of EU leaders in Brussels on Wednesday. Poroshenko's website said he had spoken to...

Samsung battles on two fronts as Apple readies iPhone 6

2014-07-16 00:00:00

Samsung Electronics Co Ltd(005930.KS) is losing smartphone ground not only to cheaper Chinese rivals but also at the high end to Apple Inc (AAPL.0), a survey showed, in an ominous sign for the South Korean giant as Apple readies to...

PM urges rich to come forward to flourish talent of disabled

2014-07-16 00:00:00

Prime Minister Sheikh Hasina has called upon the rich people of the country to come forward to flourish the talent of the physically-challenged people. ‘There is no dearth of well-off people in the country. So I would like to urge...

Qatar Airways finalizes $19 billion Boeing 777X plane deal

2014-07-16 00:00:00

Qatar Airways said on Wednesday it had finalised an order for 50 Boeing 777-9 X planes worth around $19 billion at list prices.  The Gulf carrier also said it had agreed purchase rights to buy a further 50 777X aircraft,...

At KKR, Nuttall and Bae are favorites to fill founders\\\' shoes

2014-07-16 00:00:00

KKR & Co LP's(KKR.N) co-founders Henry Kravis and George Roberts have indicated they intend to stay at the buyout firm for at least five more years, but two men - Scott Nuttall and Joseph Bae - are emerging as front-runners...

BlackRock\\\'s second-quarter profit rises 11 per cent

2014-07-16 00:00:00

BlackRock Inc (BLK.N), the world's largest money manager, said on Wednesday that its second-quarter profit rose 11 per cent, boosted by strong markets that helped drive flows into its products across asset classes. The New York-based asset manager reported net...

Nikkei edges down; China economic data gets muted reaction

2014-07-16 00:00:00

Japan's Nikkei share average edged down on Wednesday after staying nearly flat for most of the session as investors took profits from gains the previous day, while China's economic data received a muted reaction from the market. China's economy expanded...

Viqarunnisa School & College chosen for ISAQ Award

2014-07-16 00:00:00

Viqarunnisa Noon School & College has been selected to receive the International Star for Quality (ISAQ) Award for its contribution in leadership development and excellence by providing quality education. According to a press release of Business Initiative Directions (BID), a...

Bank of America quarterly profit drops 43 per cent

2014-07-16 00:00:00

Bank of America Corp (BAC.N), the second largest US bank by assets, reported a 43 drop in second-quarter profit as mortgage revenue fell and litigation costs increased. Earnings attributable to shareholders fell to $2.04 billion, or 19 cents per share,...

Derek Jeter goes 2-for-2, exits to three-minute ovation in fourth inning

2014-07-16 00:00:00

Derek Jeter went out his way. Playing in his final All-Star Game on Tuesday night, the New York Yankees star went 2-for-2 with a run scored and left in the top of the fourth to a three-minute ovation from the...

Dutch state liable for 300 Srebrenica deaths

2014-07-16 00:00:00

A Dutch court has ruled that the Netherlands is liable for the killings of more than 300 Bosniak (Bosnian Muslim) men and boys at Srebrenica in Bosnia-Hercegovina in July 1995. The 300 men and boys were among 5,000 Bosniaks sheltering...