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European stock markets flatten at open

2014-07-21 00:00:00

Europe's main capital markets flattened at the start of trade on Monday, as cautious investors tracked geopolitical developments in east Europe’s Ukraine and the Middle East. In initial deals, London’s benchmark FTSE 100 index was almost unchanged at 6,749.12 points,...

Don\\\'t undermine agriculture: PM

2014-07-21 00:00:00

Young people should be encouraged to take up agriculture to reduce Bangladesh’s dependency on food import, Prime Minister Sheikh Hasina said in Dhaka one day before leaving for London to attend the first-ever Girl Summit. The two-day Girl Summit will...

Eid shopping gets momentum in Rajshahi city

2014-07-21 00:00:00

With hardly a week is left for Eid-ul-Fitr, the biggest religious festival of the Muslims, Rajshahi city has been caught by 'Eid shopping fever' with modern and traditional shopping malls bustling with shoppers from all walks of life. Thousands of...

7 children among 9 killed in latest Israeli attack in Gaza

2014-07-21 00:00:00

A family of nine Palestinians, including seven children, were killed on Monday by an Israeli airstrike on their home in Gaza, said emergency services spokesman Ashraf al-Qudra. The deaths bring to 485 the number of Palestinians killed since Israel launched...

US presses case against Russia on downed jet as horror deepens

2014-07-21 00:00:00

US Secretary of State John Kerry laid out what he called overwhelming evidence of Russian complicity in the shooting down of Malaysia Airlines flight MH17 as international horror deepened over the fate of the victims' remains. Kerry demanded that Moscow...

Israel kills militants entering from Gaza, death toll tops 500

2014-07-21 00:00:00

Israeli forces killed at least 10 Palestinian militants on Monday after they crossed the border from Gaza through two tunnels, the military said, as the death toll from the two-week conflict passed 500. With the UN Security Council calling for...

Dhaka\\\'s road link with Barisal, Madaripur disrupted

2014-07-21 00:00:00

The 24-hour bus strike, enforced by Dhaka Inter-district Bus Owners’ Association, demanding a cut in compensation money to be paid to the families of the victims of a bus crash in Wazirpur upazila , continued on Dhaka-Barisal and Dhaka-Madaripur highways...

UN calls for ceasefire as deaths pass 500 in Gaza

2014-07-21 00:00:00

The UN Security Council has called for an immediate ceasefire in Gaza Strip after holding an emergency closed-door meeting on the crisis. The talks came after the UN chief described Israel’s shelling of a Gaza City suburb as ‘an atrocious...

DSE turnover crosses Tk 3b

FE Online Report | 2014-07-21 00:00:00

Stocks returned to the green Monday with turnover on the prime bourse crossing Tk 3.0 billion mark after 13-session  as optimistic investors went for buying spree. The market opened with a positive note and continued till the market closure. DSEX,...

Yum, McDonald\\\'s apologize in China food supplier safety scare

2014-07-21 00:00:00

US fast food chains McDonald’s Corp and KFC-parent Yum Brands Inc apologized to Chinese consumers on Monday and said they will stop using a Shanghai meat supplier after Chinese regulators shut the firm down over food safety concerns. McDonald's and...

11 fishermen go missing as trawler sinks in Bay

2014-07-21 00:00:00

Eleven fishermen went missing as a trawler capsized in the Bay of Bengal in southern part of Bhola district on Sunday evening. The trawler carrying 18 fishermen sank in the Bay while they were fishing at Challish Pani under Daulatkhan...

2 Americans killed in fighting in Gaza Strip

2014-07-21 00:00:00

Authorities and family members say two Americans who were soldiers with the Israel Defense Forces have been killed in fighting in the Gaza Strip. Stuart Steinberg confirmed the death of his 24-year-old son, Max Steinberg said on Sunday. Steinberg, whose...

Quader asks for more time to repair rundown roads

2014-07-21 00:00:00

Communications Minister Obaidul Quader has said it will take another ‘one or two days’ to fix roads and highways ahead of Eid after his self-imposed deadline expired. The minister said on Monday that the government had already finished almost 80...

In violent weekend, at least 40 people shot in Chicago

2014-07-21 00:00:00

An 11-year-girl was shot and killed during a slumber party as violence struck Chicago over the weekend. At least 40 people were shot, and four killed, in weekend violence in the third-largest US city. The deaths included an 11-year-old girl,...

Ukraine nerves send European shares lower

2014-07-21 00:00:00

European stock markets fell across the board on Monday, concerned by an escalation in tensions between Russia and the West and reports the Ukrainian army was moving on a major rebel stronghold. The step up in rhetoric over Russia's involvement...

Julius Baer CEO sees \\\'fair and equitable\\\' solution to US probe

2014-07-21 00:00:00

Julius Baer said it believes it will find a ‘fair and equitable’ solution to a US criminal probe into the Swiss bank's role in helping wealthy Americans evade their taxes. The Zurich-based private bank said it had little substantial information...

Cox\\\'s Bazar airport declared shut after mishap

2014-07-21 00:00:00

The Civil Aviation Authority of Bangladesh (CAAB) on Monday morning declared Cox’s Bazar Airport shut down as an accident-fallen aircraft lay on the only runway of the southern-most airport of the country. After the mishap of a United Airways flight...

A Fox-Time Warner deal would give Murdoch new heft in China

2014-07-21 00:00:00

Rupert Murdoch's plan to buy Time Warner would help the Twenty-First Century Fox chairman make larger inroads in China, a fast-growing market that media moguls are finding hard to crack. Time Warner's board rejected Murdoch's $80 billion offer, but the...

Citi’s Banamex, regulator clash over who played key role in loan fraud

2014-07-21 00:00:00

Preliminary findings of a probe by Citigroup’s Mexican unit, Banamex, into how it lost more than $500 million in a corporate loan fraud differ markedly from the results of a separate investigation by the Mexican banking regulator. Banamex has zeroed...

Miscreants murder Square employee

2014-07-21 00:00:00

Unknown assailants have killed an official of Square Pharmaceuticals at Shalaipur in Pabna on Monday. The victim, Md Hossain, was a resident of Atgharia Upazila. Pabna Police Station OC Haniful Islam said Hossain was heading home at night when the...

Trading firms raised early concerns about Barclays\\\' dark pool: WSJ

2014-07-21 00:00:00

Trading firms and employees raised concerns about high-speed traders at Barclays Plc's ‘dark pool’ months before the United States accused the bank of favoring its high-frequency trading clients, the Wall Street Journal reported, citing people familiar with the firms. New...

Nitol Motors, bKash ink deal

2014-07-21 00:00:00

Nitol Motors Limited and bKash Limited recently signed an agreement under which bKash will collect monthly installments from Nitol Motors’s customers who purchase vehicles in installments. Abdul Matlub Ahmad, Chairman of Nitol Motors and Kamal Quadir, Chief Executive officer of...

UP member shot dead in Ctg

2014-07-21 00:00:00

A union Parishad (UP) member was shot to death by miscreants at Nangalmora in Hathazari upazila of Chittagong early Monday. The dead is Anwar Hossain Jasim, 38, member of Ward No 7 of Nawazishpur Union Parishad under Raozan upazila of...

NABE survey points to rising US wage pressures

2014-07-21 00:00:00

The share of US companies raising wages more than doubled in the three months to July from a year ago, a survey showed on Monday, suggesting a faster pace of wage growth. The National Association for Business Economics' (NABE) latest...

Tesco CEO Clarke to leave after profit warning

2014-07-21 00:00:00

Tesco boss Philip Clarke is to quit after Britain's biggest retailer warned it would miss profit forecasts, bringing an abrupt end to a disastrous three year reign. Clarke, who has spent more than 1 billion pounds ($1.7 billion) on a...

RWASA implements Tk 340m project

2014-07-21 00:00:00

Rajshahi Water Supply and Sewerage Authority (RWASA) has implementing a project by spending around Tk 340 million in order to bring a qualitative change in the city’s water supply system. According to concerned sources, implementation works of the two-and-half-year project...

Russian stocks, ruble fall over Ukraine crisis

2014-07-21 00:00:00

Russian stock markets fell on Monday as investors expressed alarm at the escalating crisis in Ukraine following the Malaysian plane disaster and the prospects of tougher sanctions doing more damage to the Russian economy. Moscow's ruble-denominated Micex stock exchange was...

Asian shares mixed after MH17 losses

2014-07-21 00:00:00

Asian markets were mixed on Monday, as bargain-hunting was offset by lingering geopolitical concerns after last week's downing of a Malaysian airliner in Ukraine. With traders still on edge after Thursday's tragedy, which the United States has said was caused...

Eid special steamer service from Thursday

2014-07-21 00:00:00

Bangladesh Inland Water Transport Corporation (BIWTC) will start a 13-day special steamer service for Eid passengers from Thursday (July 24). A BIWTC official said the special steamer service will start from the Dhaka-end on the occasion of Holy Eid-ul-Fitr with...

European stock markets flatten at open

2014-07-21 00:00:00

Europe's main stock markets flattened at the start of trade on Monday, as cautious investors tracked geopolitical developments in Ukraine and the Middle East. In initial deals, London's benchmark FTSE 100 index was almost unchanged at 6,749.12 points, Frankfurt's DAX...