PARIS, July 17 (AFP): The number of new cars registered in Europe grew for the 10th consecutive month in June, according to industry data published Thursday, adding to evidence the embattled sector is recovering. Sales of new cars rose by...
TOKYO, July 17 (Reuters): Japan's government raised its assessment of the economy on Thursday because a decline in consumer spending after a sales tax increase is starting to fade due to improving consumer sentiment and a tight labour market. It...
.ISTANBUL, July 17 (Reuters): Turkey's central bank trimmed its main interest rate for a third consecutive month on Thursday but resisted the deep cuts sought by Prime Minister Tayyip Erdogan weeks ahead of a presidential election. The bank cut its...
Bangladesh moved four steps ahead in the FIFA-Coca-Cola World Ranking in July 2014 clinching 163rd position from their previous ranking of 167, reports UNB. Among the eight Saarc countries, Bangladesh was placed 4th after Afghanistan (129), India (151) and Maldives...
LONDON, July 17 (AFP): India battled to be 73 for two at lunch on the first day of the second Test against England at Lord's on Thursday after being sent into bat on a seaming pitch. Cheteshwar Pujara was 11...
RIO DE JANEIRO, July 17 (AFP): Brazil's Football Confederation (CBF) face the media music Thursday when the process begins to find a successor to Luiz Felipe Scolari, who quit in the wake of the country's World Cup flop. With the...
NEW YORK, July 17 (AFP): Spain may have been embarrassingly dethroned as World Cup holders, but Real Madrid and Barcelona are still champions at making money after they were named as the world's two richest sports franchises. For the second...
GALLE, Sri Lanka, July 17 (AFP): Jean-Paul Duminy hit a superb unbeaten century to put South Africa in a position of strength on the second day of the first Test against Sri Lanka on Thursday. The left-hander came in to...
TOKYO, July 17 (AFP): English Premier League champions Manchester City have landed a five-year sponsorship deal with Japanese automaker Nissan, both parties said on Thursday. Financial terms of the deal, announced at Nissan's global headquarters in Yokohama, were not disclosed,...
BUENOS AIRES, July 17 (AFP): World Cup runners-up Argentina have sent their compatriot Pope Francis, a die-hard football fan, a jersey signed by the team, midfielder Maximiliano Rodriguez said Wednesday on Twitter. The player posted a picture of himself holding...
Romario demands Brazil clearout RIO DE JANEIRO, July 17: Brazilian footballing legend-turned-politician Romario on Wednesday stepped up criticism of Brazil's Football Confederation (CBF), demanding a clear out at the top. During a World Cup which saw the five-times champions crushed...
Shaiful Hossain | 2014-07-18 00:00:00
'Robbery' and 'misappropriation' are two different words having quite a similarity in meaning. But sometimes we get confused as the dividing line between the two often gets blurred. The embezzlement of funds that happened in the banking sector over the...
M Jalal Hussain | 2014-07-18 00:00:00
The recent large-scale financial scams in banks and financial institutions in Asian countries including Bangladesh, in Africa, the European Union and the United States and the ethical scandals from Enron to WorldCom, have brought to the fore once again the...
The growing 'contingent liabilities' of the government is an unpropitious development. This is because it entails some undeniable risks and challenges to maintenance of budgetary discipline and macro-economic stability. It will thus be foolhardy to overlook the possible adverse impact...
Nilratan Halder | 2014-07-18 00:00:00
The day the High Court issued directives, binding as it is on the government, to bring an end to the malpractice of chemical treatment of fruits, a factory producing spurious ghee (clarified butter) at the city's Begumbazar was unearthed by...
Zaglul Ahmed Chowdhury | 2014-07-18 00:00:00
These days honesty in public life appears to be a rare quality, although it has not completely vanished. Simplicity is missing from politics much to the concern and anxiety of the people, who want to see a clean image of...
A news item published in the Financial Express on Tuesday titled "Footwear sales sluggish, craze for Chinese shoes" concerns us. Quoting traders the report said the locally produced items are facing tough competition from Chinese ones. It further revealed that...
As the Eid-ul-Fitr is coming nearer, we are witnessing a nagging traffic jam in Dhaka city. With each passing day, traffic jam will be acuter and severer. A few days back I was passing through Gulshan area and to my...
Masum Billah | 2014-07-18 00:00:00
South African author and 'crusader for equality', Nadine Sylvia Gordimer passed away peacefully in her sleep on July 13, 2014, at her home in Johannesburg at 90 years of age. The country's ruling African National Congress (ANC) praised her as...
FE Report | 2014-07-18 00:00:00
Finance Minister AMA Muhith on Thursday said the Financial Reporting Act (FRA) will serve the country's financial sector by containing window-dressed reporting. The minister said this at a meeting held with the representatives of the Institute of Cost and Management...
FE Report | 2014-07-18 00:00:00
Stocks finished flat Thursday amid choppy trading, as late hours selling pressure wiped off most of the early gains. The initial upbeat market soon yielded to a flat end after drawing a wavering pattern in the prime index chart. DSEX,...
FE Report | 2014-07-18 00:00:00
Mobile handset -'OK Mobile'- made by a local manufacturer was launched Thursday for the first time in the country. Primarily two types of handsets, especially low-end feature phone and smartphone, will be available in the market, said the organisers at...
Emerson Network Power, a business of Emerson, and a global leader in maximizing availability, capacity and efficiency of critical infrastructure, Thursday announced that it has appointed Computer Source Ltd. as a distributor for its range of uninterruptible power supply (UPS)and...
Prime Finance Asset discloses NAVs Prime Finance Asset Management Company Limited (PAMC) has declared the Net Asset Values (NAV) of Prime Financial First Unit Fund, the first private sector unit fund in Bangladesh. The total NAV of Prime Financial First...
LONDON, July 17 (Reuters): A tightening of Western sanctions on Russia rattled world markets on Thursday, sending Moscow stocks and the rouble tumbling and lifting traditional safe-haven currencies and bonds. The new US sanctions announced late on Wednesday effectively shut...
MUMBAI, July 17 (Reuters): The Nifty rose for a third straight session on Thursday as lenders such as Kotak Mahindra Bank extended gains on upbeat sentiment as the Reserve Bank of India (RBI) exempted long-term bonds for the infrastructure sector...
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