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Shakira, Santana, samba for Cup closure

2014-07-13 00:00:00

Colombian star Shakira, Mexican guitarist Carlos Santana, Brazilian singer Ivete Sangalo and a samba school will lead the musical entertainment at Sunday's World Cup closing ceremony. The show will start at 1720 GMT, an hour and a half before Argentina...

York Hospital nurse who watched golf at work suspended

2014-07-13 00:00:00

A nurse at York Hospital who was caught watching golf on a work computer has been suspended for 12 months for misconduct. Nigel Steel, a registered nurse, was at York Teaching Hospital NHS Foundation Trust between 2005 and February 2013....

Branch Managers Confce of Pubali Bank held

2014-07-13 00:00:00

The 2nd conference- 2014 of Regional and Corporate Branch Managers of Pubali Bank Limited was held at bank’s head office Sunday. Hafiz Ahmed Mazumder, Chairman, Board of Directors of Pubali Bank Limited was present as Chief Guest. Director of Pubali...

China national charged in hacking plot to steal US military data

2014-07-13 00:00:00

US authorities have charged a Chinese businessman with hacking into the computer systems of Boeing and other firms with large defence contracts. Su Bin, who was arrested in Canada last month, is accused of working with two other suspects to...

Man dies in police custody

2014-07-13 00:00:00

A man died in police custody at Mirpur in Dhaka on Sunday morning. The deceased was identified as Mahbubur Rahman Sujan, 35, son of Meher Ali Sikder. When contacted, Imtiaz Ahmed, Deputy-Commissioner of Dhaka Metropolitan Police (Mirpur zone) said a...

Pizza Express sold to Chinese firm for £900m

2014-07-13 00:00:00

The restaurant chain Pizza Express has been sold to a Chinese firm for around £900m, following ‘considerable interest’ in the business. The UK Gondola Group confirmed the sale to private equity firm Hony Capital. There are 436 Pizza Express restaurants...

PM visits secretariat

2014-07-13 00:00:00

Prime Minister Sheikh Hasina paid a visit to the secretariat in the city on Sunday morning aiming to visit two ministries. The premier arrived at the secretariat at Abdul Ghani Road from her Office around 10:35am. At first, she went...

Scotland could be base for spaceport, says UK government

2014-07-13 00:00:00

Scotland could host the UK's first dedicated base for spaceplanes, according to new government plans. Ministers want to establish the UK spaceport by 2018 - the first of its kind outside of the US. Eight aerodromes have been shortlisted and...

SME category submission deadline of HSBC Export Awards extended

2014-07-13 00:00:00

The submission deadline for the SME category at the 5th HSBC Export Excellence Awards has been extended till 28 July 2014. SME exporters with annual export turnover (non RMG/Textiles) of less than US$5 Million can submit their nominations to be...

Goods worth Tk 6m gutted by fire at Netrokona market

2014-07-13 00:00:00

A fire broke out at a market at Netrokona Sadar Upazila on Sunday morning, fire service officials said. The fire completely gutted at least 10 shops and damaging some other shops. Goods worth around Tk 6 million were destroyed in...

Charting a path to ‘normalization’

2014-07-13 00:00:00

Investors shift focus this coming week from trouble spots such as Portugal's biggest listed bank to a marathon testimony by the US Fed chair that could help chart a global path towards post-crisis ‘normalization’. Concerns about losses associated with the...

6 die in Madaripur bus accident

2014-07-13 00:00:00

At least six people were killed and 35 others injured in a road accident near Ghatakchar Bazar in Madaripur Sadar Upazila on Sunday. The identities of the deceased could not be known yet. Madaripur Police Super Khandakar Faridul Islam said...

Rape and murder of 13-year-old spark debate in junta-ruled Thailand

2014-07-13 00:00:00

The rape and murder of a 13-year-old girl on an overnight train in Thailand have prompted a nationwide call for stricter enforcement of rape laws and a weekend rally that will defy military restrictions on public gatherings. The crime took...

American Airlines picks CFM for $2.6 billion engine deal

2014-07-13 00:00:00

CFM International, a joint venture between General Electric Aviation and Safran of France, said on Sunday that it had been picked by American Airlines Group to provide engines for 100 Airbus A320neo jets the airline has on order. CFM said...

DSE turnover hits fresh 9-month low

FE Online Report | 2014-07-13 00:00:00

Turnover on Dhaka Stock Exchange (DSE) Sunday came down to Tk 1.50 billion, hitting a fresh nine-month low as ongoing pessimism kept investors mostly inactive in the market. DSEX, the prime index of the Dhaka Stock Exchange (DSE) went down...

Abducted UP member found dead in Comilla

2014-07-13 00:00:00

A Union Parishad (UP) member who was abducted from his house on Saturday was found dead near Laxmipur bridge in Chouddagram Upazila in Comilla district on Sunday. The deceased was identified as Nurul Alam, 40, son of Shamsul Alam of...

3 dead, 2 wounded in Pasadena, California shootings

2014-07-13 00:00:00

Three people were killed and two wounded in a shooting late on Saturday afternoon in Pasadena, California before the gunman surrendered, police said. Police responded to multiple 911 calls from residents about shots being fired and found a man barricaded...

4th AGM of ICSB held

2014-07-13 00:00:00

The 4th Annual General Meeting of the Institute of Chartered Secretaries of Bangladesh (ICSB) was held recently in the city. The AGM was chaired by the president of the Institute Mohammad Asad Ullah, FCS. The ICSB president in his address...

Tech earnings take center stage next week

2014-07-13 00:00:00

Earnings from some of the biggest US technology companies will take center stage next week, giving investors a chance to re-evaluate the sector's health. Big tech names set to report next week include Intel Corp and Yahoo Inc on Tuesday;...

PM blasts post-’75 rulers for their inaction about sea boundary

2014-07-13 00:00:00

Prime Minister Sheikh Hasina on Sunday blasted the post-'75 rulers for their inaction about the maritime boundary, saying that Bangladesh could have established its rights in the continental shelf had they taken initiative. ‘Those who ruled the country for 21...

Bruised and grumbling, foreign banks bend to US rules

2014-07-13 00:00:00

Financiers may grumble that the United States is acting like an imperial power in punishing foreign banks for dealings far beyond US territory, but in the end they are more likely to bow to Washington than kick against its dollar...

Dark pool scrutiny no slam dunk for traditional exchanges

2014-07-13 00:00:00

The regulatory noose is tightening around dark pools, private share-trading venues that promise anonymity for specialist investors, offering a chance for rival exchanges in the United States and Europe to take back market share. But traditional stock-exchange operators such as...

FOBANA conference in NY from Aug 29

2014-07-13 00:00:00

The Federation of Bangladeshi Associations in North America, widely called as FOBANA, will be held in the United States from August 29. FOBANA leaders said this at a press conference in the city on Sunday. They said the three-day conference...

Twitter panic in the newsroom

2014-07-13 00:00:00

With the exception of a well-drafted libel suit, nothing fills the underwear of the modern newsroom editor with liquid panic faster than social media, especially Twitter. Having invested millions of dollars and countless man-hours to erecting sturdy news standards based...

Engine maker CFM eyes record orders in 2014

2014-07-13 00:00:00

The chief executive of engine maker CFM International expects another record year for engine orders, after the company achieved a best in 2013. ‘When we see the number of orders already achieved at this time of year and when we...

YouTube weighs funding efforts to boost premium content

2014-07-13 00:00:00

YouTube has embarked on a new round of discussions with Hollywood and independent producers to fund premium content, two sources with knowledge of the talks told Reuters, a move that could bolster a three-year-old multimillion-dollar effort that has had mixed...

Attempt to immolate a labour

2014-07-13 00:00:00

An attempt has been made to immolate a day-labourer after pouring petrol on him. The incident took place on Saturday midnight at Uttarpara village in Khanjanpur area in Joypurhat municipality. Police later rescued severely burnt Sunil from nearby ground and...

Russia threatens Ukraine after shell crosses border

2014-07-13 00:00:00

Moscow threatened Kiev on Sunday with ‘irreversible consequences’ after a man was killed by a shell fired across the border from Ukraine, describing the incident in warlike terms as aggression that must be met with a response. Although both sides...

Indian PM leaves for Brazil to attend BRICS summit

2014-07-13 00:00:00

Indian Prime Minister Narendra Modi has left for Brazil today to attend the BRICS summit on July 14 and 15. After a stopover in Berlin tonight, he will leave for Fortaleza, the north-eastern coastal city of Brazil, tomorrow to attend...

Pope Francis: \\\'About 2%\\\' of Catholic clergy paedophiles

2014-07-13 00:00:00

Pope Francis has said reliable data indicates that ‘about 2%’ of clergy in the Catholic Church are paedophiles. In an interview with the Italian La Repubblica newspaper, the Pope said that abuse of children was like ‘leprosy’ infecting the Church....