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Taiwan gas blast city wants pipelines moved

2014-08-03 00:00:00

KAOHSIUNG, Aug 2 (AFP): Residents of a Taiwanese neighbourhood rocked by deadly gas explosions Saturday accused authorities of not acting quickly enough and called for the relocation of industrial pipelines running underneath the island's densely populated second city. The blasts...

Indian landslide rescuers press on as toll hits 73

2014-08-03 00:00:00

NEW DELHI, Aug 2 (AFP): Rescuers continued digging Saturday despite 'very slim chances' of finding any more people alive in the mud and debris from a major landslide in western India, where 73 have been killed. Seventy-three bodies and eight...

news digest

2014-08-03 00:00:00

Syria troops kill at least 50 jihadists near Lebanon BEIRUT, Aug 2: Syrian troops backed by Hezbollah fighters have killed at least 50 jihadists from the Islamic State and Al-Nusra Front groups near the border with Lebanon, a monitor said...

SYDNEY: A campaign for a baby with Down\\\'s Syndrome

2014-08-03 00:00:00

Copycat drug cos sprouting up on drug office inaction

Shamsul Huda | 2014-08-03 00:00:00

Many small pharmaceutical companies are allegedly involved in manufacturing drugs by using the labels of leading brands, wholesalers at the Mitford market, have said. Abdul Hai, Vice President of Bangladesh Chemist and Druggist Association (BCDA), said while counterfeiters produce antibiotics...

City\\\'s shopping malls yet to reopen

Talha Bin Habib | 2014-08-03 00:00:00

Most of the shopping malls in the capital continue to remain closed after three days of Eid-ul- Fitr holidays that ended Wednesday. On the other hand, business transactions in the shopping malls that opened on Saturday registered a poor volume...

NBR members get grade upgrades

FE Report | 2014-08-03 00:00:00

Four members of the National Board of Revenue (NBR) have been promoted with the status of 'Secretary' after the government recently upgraded them to grade-I category. The members are: Jahanara Siddiqui and Md Farid Uddin from customs wing and Syed...

Brazilian industrial output falls 6.9pc in June

2014-08-03 00:00:00

RIO DE JANEIRO, Aug 1 (Xinhua): Brazil's industrial output fell 6.9 per cent in June compared to the same month last year, mostly due to a contraction of the automobile industry, reported a statistical agency on Friday. The figure marks...

Ireland central bank warns unauthorised credit firm

2014-08-03 00:00:00

DUBLIN, Aug 1 (Xinhua): The Central Bank of Ireland on Friday issued a warning about an unauthorised retail credit firm offering credit facilities to Irish consumers. In a statement, the Irish central bank said that Day-Long Loans and Financial Investment...

News Briefs

2014-08-03 00:00:00

UCB MD wins 'CEO of the Year' award Muhammed Ali, Managing Director of United Commercial Bank Limited (UCB) has been awarded as 'CEO of the Year' at the Global Brand Excellence Awards hosted by World Brand Congress held recently in...

Photo: Women-led seven garment workers\\\' federation

2014-08-03 00:00:00

Bumper production of summer vegetables expected in Khulna division

2014-08-03 00:00:00

JESSORE, Aug 2 (BSS): Farmers and officials of the Department of Agriculture Extension (DAE) are expecting bumper production of summer vegetables in south-western region under Khulna division in the current season. Department of Agriculture Extension (DAE) sources said, farmers of...

Import, export resume through Hili land port

2014-08-03 00:00:00

RANGPUR, Aug 2 (BSS) : Normal import and export activities resumed from Saturday through the Hili Land Port (HLP) in Dinajpur after the six-day vacation on the occasion of Eid-ul-Fitr, official sources said. According to the sources in Customs, importers,...

‘Abenomics’ working, time to do more business: Japan’s PM

2014-08-03 00:00:00

BRASILIA, Aug 2 (Reuters) :  Japan's Prime Minister Shinzo Abe touted the success of his economic policies on a visit to Brazil on Friday and said it was time for the two nations to expand their trade and investment partnership....

Berkshire profit soars 41pc to a record on investment gains

2014-08-03 00:00:00

OMAHA, Nebraska, Aug 2 (Reuters) :  Warren Buffett's Berkshire Hathaway Inc  on Friday said second-quarter profit soared 41 per cent to a record high, reflecting substantial investment gains and improved results in manufacturing, service and retail businesses. "It's clear that...

Spain\\\'s PM says economic recovery \\\'better than expected\\\'

2014-08-03 00:00:00

MADRID, Aug 2 (AFP) :  The Spanish economy is recovering "better than expected" and is now among Europe's best performers although it still faces "numerous" problems, Prime Minister Mariano Rajoy said Friday. "Things are going better than we expected. We...

Eurozone manufacturing sector remains weak in July

2014-08-03 00:00:00

LONDON, Aug 2 (Xinhua):  Eurozone manufacturing purchasing managers' index (PMI) held steady at June's seven-month low of 51. 8, as ongoing expansion was partly offset by a deeper downturn by French manufacturers, Markit reported Friday. The index is lower than...

6 new public medical colleges to start functioning next year

2014-08-03 00:00:00

Six new government medical colleges will start academic activities from the next academic year, said an official release Sunday. Classes will begin in those medical colleges on January 10, the home coming day of Father of the nation Bangabandhu Sheikh...

Microsoft sues Samsung in US over patent royalties

2014-08-03 00:00:00

BEIJING, Aug 2 (Reuters) :  Microsoft Corp  sued Samsung Electronics Co Ltd  on Friday, claiming the South Korean smartphone maker refused to make a royalty payment last fall on patent licenses after Microsoft announced its intention to acquire Nokia's  handset...

Body formed to further probe crest scam

2014-08-03 00:00:00

The Public Administration Ministry has formed a committee to further investigate the allegation of tampering the awards given to foreign friends for their outstanding contribution to the country’s Liberation War. The ministry has issued a circular in this regard, senior...

US judge orders new talks

2014-08-03 00:00:00

NEW YORK, Aug 2 (AFP): The US judge presiding over Argentina's bitter dispute with two hedge funds left the country stranded in default Friday, ordering it to hold new negotiations and calling for an end to "mistrust." Despite fighting tooth-and-nail,...

India hopeful about WTO deal in Sept

2014-08-03 00:00:00

NEW DELHI/GENEVA, Aug 2 (Reuters): India is willing to sign a global trade deal, which it has torpedoed, if other World Trade Organisation (WTO) members can agree to its parallel demand for concessions on stockpiling food, senior officials in New...

Japan economy may shrink in Q2

2014-08-03 00:00:00

TOKYO, Aug 2 (Reuters): Japan's economy probably shrank for the first time in nearly two years during the April-June quarter, dragged down by weaker-than-expected consumer spending after a sales tax hike and disappointing factory output, a Reuters poll showed. Exports,...

Cyprus central bank suspends sale process of FBME

2014-08-03 00:00:00

NICOSIA, Aug 2 (Xinhua): The Central Bank of Cyprus (CBC) has suspended the process for the sale of the Cypriot branch of the Federal Bank of Middle East (FBME) pending a court decision, a CBC official said on Saturday. FBME...

HK banks\\\' exposure to China in focus as BEA kicks off earnings season

2014-08-03 00:00:00

HONG KONG, Aug 2 (Reuters): The first of Hong Kong's banks kicked off earnings on Friday with the biggest family-run lender posting a record interim profit after giving more loans to mainland borrowers, renewing investor focus on credit lines to...

EU ban to hit Russian Sberbank costs

2014-08-03 00:00:00

MOSCOW, Aug 2 (Reuters): Russia's top lender, Sberbank , faces rising borrowing costs and a squeeze on its margins after being included in the latest European Union sanctions over the Ukraine crisis. In its heaviest penalties on Moscow over the...

Cambodia to greet 4.6m foreign tourists in 2014

2014-08-03 00:00:00

PHNOM PENH, Aug 2 (Xinhua): Cambodia is projected to receive 4.6 million international visitors this year, an expected rise of 10 per cent from 4.2 million last year, Minister of Tourism Thong Khon said Saturday. "In the first six months...

Photo: BUENOS AIRES, Argentina: People in their weekly shopping at a mall

2014-08-03 00:00:00

Photo: LISBON, Portugal: Two men passing by an agency of BES

2014-08-03 00:00:00

Essential Drugs submits revised proposal to offload shares

FE Report | 2014-08-03 00:00:00

The Essential Drugs Company Limited (EDCL) has submitted its revised proposal to offload shares under direct listing method after two years of getting approval to be listed with the bourses, officials said. The officials of the Bangladesh Securities and Exchange...