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Assange says will leave London embassy \\\'soon\\\'

2014-08-19 00:00:00

LONDON, Aug 18 (AFP): WikiLeaks founder Julian Assange indicated Monday he would leave Ecuador's embassy in London "soon" but his organisation played down the comment, saying he would not depart until there was an agreement with Britain's government. A pale...

Saudi prince robbed of 250,000 euros in Paris carjacking

2014-08-19 00:00:00

PARIS, Aug 18 (AFP): Heavily armed robbers have attacked the motorcade of a Saudi prince in Paris, making off with 250,000 euros ($335,000) in cash and reportedly stealing "sensitive" documents, French police said Monday. The spectacular robbery took place in...

news digest

2014-08-19 00:00:00

Turkey summons German envoy over spying claims ISTANBUL, Aug 18: Turkey summoned the German ambassador Monday over a report that Germany has been spying on its NATO ally for years, foreign ministry said. "Eberhard Pohl was summoned this morning over...

The cost of caring for Europe\\\'s elderly nuclear plants

Nina Chestney and Susanna Twidale of Reuters from London | 2014-08-19 00:00:00

Europe's ageing nuclear fleet will undergo more prolonged outages over the next few years, reducing the reliability of power supply and costing plant operators many millions of dollars. Nuclear power provides about a third of the European Union's electricity generation,...

Extreme medicine: The search for new antibiotics

Kate Kelland and Ben Hirschler of Reuters from Norwich (England) | 2014-08-19 00:00:00

Pampering leafcutter ants with fragrant rose petals and fresh oranges may seem an unlikely way to rescue modern medicine, but scientists at a lab in eastern England think it's well worth trying. As the world cries out for new antibiotics,...

Imran urges Pakistanis not to pay taxes

Syed Raza Hassan | 2014-08-19 00:00:00

Leading opposition politician Imran Khan urged Pakistanis this week not to pay taxes or utility bills as a protest against the government and vowed to force the country's "corrupt" prime minister to step down this week. "After two days ......

UN nuclear chief upbeat after \\\'useful\\\' Iran visit

Fredrik Dahl | 2014-08-19 00:00:00

Iran has given a firm commitment to cooperate with a UN nuclear watchdog investigation into suspected atomic bomb research, the head of the agency said after what he described as a "useful" visit to Tehran on Sunday. Yukiya Amano made...

Launch capsizes: Writ filed seeking removal of officials

2014-08-19 00:00:00

A writ petition seeking the removal of 10 officials, including the Shipping Secretary and the BIWTA chairman, for their failure to rescue three ill-fated launches, including Pinak-6 sunk recently in the Padma River, was filed on Tuesday. Ashish Kumar Dey,...

Netanyahu undeterred by Hamas warnings in talks on ending Gaza war

Nidal al-Mughrabi | 2014-08-19 00:00:00

Prime Minister Benjamin Netanyahu said on Sunday any deal on Gaza's future had to meet Israel's security needs, warning Hamas it faced "harsh strikes" if it resumed firing into the Jewish state. With a five-day ceasefire due to expire late...

Gold extends losses to below $1,300 as equities gain

2014-08-19 00:00:00

SINGAPORE, Aug 18 (Reuters): Gold extended losses into a second session on Monday, slipping below $1,300 an ounce as equities recovered after an initial sell-off over escalating tensions in Ukraine. Spot gold had fallen 0.4 per cent to $1,299.80 an...

US farmers fight poisonous wheat fungus with cleaning, waiting

2014-08-19 00:00:00

CHICAGO, Aug 18 (Reuters): Dave Wiechert of Nashville, Illinois, does good business most years cleaning seed for farmers in preparation for planting season. But this year, Wiechert is doing big business after harvest: cleaning fungus off wheat so farmers can...

Palm oil flat as traders seek clues on direction

2014-08-19 00:00:00

JAKARTA, Aug 18 (Reuters): Malaysian palm oil was flat on Monday as traders awaited clearer signals on whether prices would extend last week's fall to near five year lows, pushing the market into oversold territory. By Monday's close, the benchmark...

Lenovo to increase market presence in BD

2014-08-19 00:00:00

Lenovo, one of the leading PC makers of the world, announced about its new product portfolio, backed by a focused partner strategy to increase its market presence as a PC+ leader in Bangladesh. The announcement came from a press conference...

Oil prices down in Asian trade

2014-08-19 00:00:00

SINGAPORE, Aug 18 (AFP): Oil prices eased in Asian trade Monday, but retained support from the latest round of tensions between Ukraine and Russia which sparked concerns of a full-scale military conflict, analysts said. US benchmark West Texas Intermediate for...

Rehabilitate landless people: JS body

2014-08-19 00:00:00

The Parliamentary Standing Committee on the Land Ministry recommended reducing the number of landless people by rehabilitating them on khas lands (govt-owned lands) through the cluster village project. It asked the ministry to prioritise the specific proposals came from the...

Bangladesh-Denmark climate change deal signed

2014-08-19 00:00:00

A grant agreement was signed between Denmark and Bangladesh on "Climate Change Adaptation and Mitigation Project (CCAMP)" Monday, says a press release. The total budget of CCAMP will be Tk 1.12 billion (112.00 crore) with Danish contribution of Tk 30.00...

Faridpur-Rajbari rail service resumes Wednesday

2014-08-19 00:00:00

The Faridpur-Rajbari railway services which was closed about one and half decades ago will resume Wednesday on regular basis after constructing new 30 kms track and reconstructing seven railway stations. Railway Minister Md Mujibul Haque will inaugurate the much-awaited service...

Thousands of Palestinians flee as Israel renews air strikes

2014-08-19 00:00:00

GAZA CITY: Thousands of Palestinians fled their homes in neighbourhoods of eastern Gaza City on Tuesday, carrying bags of clothes, pillows and mattresses after renewed Israeli air strikes, witnesses said. An AFP reporter saw hundreds of Palestinians streaming out of...

July pharmaceuticals exports surge by 31pc

Shah Alam Nur | 2014-08-19 00:00:00

Country's pharmaceutical industry posted an envious export growth in the first month of the current financial year as its international-standard and diversified products are increasingly attracting importers from many countries. The pharmaceutical-product exports increased more than 31 per cent in...

$42bn L/Cs opened during last fiscal year

2014-08-19 00:00:00

There has been an upturn in opening of Letters of Credit (LC) for imports during the last fiscal year ending June 30, reports bdnews24.com. According to data released by Bangladesh Bank on Thursday, Bangladesh businesses opened LCs worth $41.82 billion...

Southeast Bank under its Corporate Social Responsibility

2014-08-19 00:00:00

Southeast Bank under its Corporate Social Responsibility (CSR) donated Tk 0.5 million to Md. Kamrul Ahsan, Assistant Inspector General (AIG), Police Headquarters, Dhaka who has been  suffering from Cancer. Shahid Hossain, Managing Director, Southeast Bank Ltd handed over a cheque...

SCB launches award to spur innovation in agriculture sector

FE Report | 2014-08-19 00:00:00

Standard Chartered Bank will honour the country's farming community for the first time to help foster innovation in the sector. As part of the initiative under its Corporate Social Responsibility (CSR), the UK-based, but emerging markets-focused bank will give "Agrow...

BASIC Bank Limited

2014-08-19 00:00:00

Azizul, Faiz elected EC president, SVP

2014-08-19 00:00:00

Azizul Haque and Faiz Uddin Ahmed Lavlu have been elected president and senior vice president (SVP) respectively of the executive committee (EC) of Bangladesh Specialised Textile Mills & Powerloom Industries Association for the tenure of two fiscal years - 2014-15...

German central bank warns world tensions clouding outlook

2014-08-19 00:00:00

FRANKFURT, Aug 18 : Germany's central bank on Monday warned that global tensions including the Ukraine crisis have clouded its outlook for this year, although it does not expect the Europe's biggest economy to shrink further. "A flurry of unfavourable...

Samsung plans to set up phone factory in Indonesia

2014-08-19 00:00:00

JAKARTA/SEOUL, Aug 18: South Korea's Samsung Electronics Co Ltd said on Monday it plans to set up a factory to produce mobile phones mainly for Indonesia, one of the world's fastest growing markets for the devices. The company, which already...

\\\'Best Buys\\\' to prevent NCDs to save billions of dollars

2014-08-19 00:00:00

"Millions of productive individuals lost prematurely to non-communicable diseases (NCDs) are seriously undermining social and economic development," said Dr Poonam Khetrapal Singh, regional director for WHO South-East Asia Region. The macro-economic burden of NCDs in low- and middle-income countries is...

Sultan of Brunei bids for Sahara\\\'s NY, London luxury hotels

2014-08-19 00:00:00

NEW YORK, Aug 18  (Reuters) : The Sultan of Brunei has made a bid for New York's Plaza Hotel, Dream Hotel and London's Grosvenor House hotel, the Wall Street Journal's website edition reported on Saturday, citing people familiar with the...

Russia pushes ahead with ruble free float plans

2014-08-19 00:00:00

MOSCOW, Aug 18 (AFP) : Russia's central bank announced Monday it would intervene less in the foreign exchange market to support the ruble as it works toward letting the currency float freely by the end of the year. Despite considerable...

Bundesbank says euro zone to grow slower than thought

2014-08-19 00:00:00

FRANKFURT, Aug 18 (Reuters) : The euro zone economy is expected grow more slowly than initially expected during the rest of this year as conflicts in Ukraine and elsewhere weigh on business confidence, Germany's central bank said on Monday. The...