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sports digest

2014-07-15 00:00:00

Team BJMC beat Sheikh Russell KC 2-1 A double strike by Guinean Ismael Bangoura enabled Team BJMC to earn a 2-1 victory over holders Sheikh Russell KC in the Nitol-Tata Bangladesh Premier Football League at the Bangabandhu National Stadium. Bangoura...

Messi, a tragic hero

2014-07-15 00:00:00

The free-kick came in stoppage time of extra time and the ball looped high over the bar. It was miserable confirmation that there would be no coronation for Lionel Messi in the Maracana. In truth, Messi's big moment had come...

Epic WC journey ends at Maracana

2014-07-15 00:00:00

For Germany and Argentina, it was a tough journey to the iconic Maracana stadium, with a long qualification process and six games in Brazil required to reach the Final, according to website fifa.com. For England fan Hugh Thompson, the passage...

Mix of tears, cheers, violence in Argentina

2014-07-15 00:00:00

BUENOS AIRES, July 14 (AFP): Argentines reacted with tears, cheers and violence after the dream of a third World Cup title slipped through their fingers Sunday, as clashes between hooligans and police ended a massive street party. Tens of thousands...

Carnival, World Cup could hit Brazil growth in 2014

2014-07-15 00:00:00

SAO PAULO/RIO DE JANEIRO (Reuters): A tongue-in-cheek "Brazilian 2014 Calendar" making the rounds on Facebook jokes that, because of the soccer World Cup, an unusually late Carnival, other holidays and a presidential election, real work will only be possible during...

Brazil\\\'s new stadiums seek post-World Cup events

2014-07-15 00:00:00

RIO DE JANEIRO, July 14 (AP): Once the World Cup and its travelling circus leaves town, four gleaming stadiums that cost $1.6 billion and hosted massive crowds will echo noisily as their owners struggle to find a use for them...

Beautiful game blossoms at WC carnival

2014-07-15 00:00:00

RIO DE JANEIRO, July 14 (AFP): Wonderful goals, gripping drama, shock results, new heroes, old villains: the World Cup played out like the gripping blockbuster tournament its organisers always dreamed it would be. Long before the curtain came down on...

Brazil hands over Cup to Russia

2014-07-15 00:00:00

RIO DE JANEIRO, July 14 (AFP): Brazilian President Dilma Rousseff on Sunday symbolically handed over the World Cup to Russian counterpart Vladimir Putin, whose country will host the 2018 tournament. The two leaders were joined by FIFA president Sepp Blatter...

Germany welcomes conquering heroes home

2014-07-15 00:00:00

Tens of thousands of German football fans are giving a hero's welcome to the World Cup-winning team in Berlin. The main celebrations were at the Brandenburg Gate, where players displayed the cup on a large stage while performing an impromptu...

Messi fails to emulate Maradona\\\'s success

2014-07-15 00:00:00

RIO de JANEIRO (AP) : Lionel Messi's final act in the 2014 World Cup was lifting a free kick high over the bar, wasting Argentina's last chance to equalise in the final against Germany. It was far from fitting finish...

Ebola crisis in W Africa deepens, 539 dead

2014-07-15 00:00:00

Deep in the forests of southern Guinea, the first victims fell ill with high fevers. People assumed it was the perennial killer malaria and had no reason to fear touching the bodies, as is the custom in traditional funerals. Some...

BMBA plea to dispel ambiguity on margin loan ratio

FE Report | 2014-07-15 00:00:00

Merchant bankers have requested the securities regulator's to clarify whether the regulatory directive earlier issued to reduce margin loan ratio will be applicable only for disbursement of fresh credits or previous ones, officials said. The Bangladesh Merchant Bankers Association (BMBA)...

Rana Plaza owner prosecuted

2014-07-15 00:00:00

The ACC has finally prosecuted Rana Plaza owner Sohel Rana in the case filed over irregularities in the construction of the building that collapsed last year, killing thousands. Spokesperson Pranab Kumar Bhattacharya said on Tuesday the national anti-graft agency approved...

Stocks break nine-day losing jinx

FE Report | 2014-07-15 00:00:00

The stocks market returned to the green Monday, breaking a nine-session losing streak as continuous wane created some stimulus of undervaluation, luring some witty participants to take position. Brokers said that indices lost substantially in last nine trading days, a...

Baby food weakening child to grow healthy

2014-07-15 00:00:00

Health experts underscored the need for banning marketing of all artificial baby foods including tinned milk in the country to save the infants from the hazards they face. They said if the infants up to six months are breastfed instead...

Cashless payment on rise

Mohammad Ali | 2014-07-15 00:00:00

Transactions through the plastic cards have marked a significant rise at different shopping complexes and business outlets in the city ahead of the upcoming Eid-ul-Fitre, traders said. Some of the traders saw double of the cashless payment in this peak...

OnMobile strengthens partnership with Robi Axiata

2014-07-15 00:00:00

OnMobile Global Limited, a global leader in mobile services, recently announced  that it has signed an agreement with Robi (part of the Axiata Group) in Bangladesh to deploy various RingBack Tone and Interactive Voice Response solutions.  OnMobile has recently started...

News Briefs

2014-07-15 00:00:00

MIDAS Financing gets new DMD Engr. Md. Russel Shahrior has recently joined MIDAS Financing Limited (MFL) as Deputy Managing Director. Prior to the appointment, he was the Executive Vice President and Head of SME Finance, Green Banking & IT Division...

Photo: NOVOAIR signed a corporate agreement with EXIM Bank

2014-07-15 00:00:00

Photo: Chairman of Association of Bankers

2014-07-15 00:00:00

Asian shares gain ahead of China growth data

2014-07-15 00:00:00

HONG KONG, July 14 (AFP): Asian shares rose Monday as traders awaited a flurry of key economic data this week including Chinese growth figures that will shed light on the strength of the world's second largest economy. Investors were also...

European markets rebound from \\\'gruesome\\\' week

2014-07-15 00:00:00

LONDON, July 14 (AFP): European equities rebounded on Monday after a torrid week, with London boosted by Shire Pharmaceuticals' backing of a takeover by US giant AbbVie, while the aviation sector flew into focus as well. Investors were also eyeing...

Portuguese bank BES\\\' shares fall further

2014-07-15 00:00:00

LISBON, July 14 (AFP): Shares in Portugal's largest listed bank, Banco Espirito Santo (BES), plunged again Monday as the arrival of new directors failed to shake off worries about the founding family's empire. After posting an early gain of almost...

Indian shares end flat on foreign selling pressure

2014-07-15 00:00:00

MUMBAI, July 14 (Reuters): Indian shares remained under pressure on Monday, falling for a fifth consecutive session as foreign investors turned sellers, hitting blue-chips such as ICICI Bank and Hindustan Unilever. Overseas investors sold shares worth 7.23 billion rupees ($120.6...

Completion of shares sale

2014-07-15 00:00:00

Federal Insurance Co. Ltd. : Neo G. Mendes, one of the Sponsors of the Company, has further reported that he has completed his sale of 23,300 shares of the Company at prevailing market price through Stock Exchange as announced earlier.

JPMorgan profits fall

2014-07-15 00:00:00

US banking giants JPMorgan Chase and Goldman Sachs have seen mixed results from their investment businesses.  JPMorgan reported an 8-per cent fall in second-quarter profits after declines in its securities trading business. Net income in the three months to the...

Photo: AHM Mustafa Kamal, MP, Minister of Planning & President, International Cricket Council addressing

2014-07-15 00:00:00

Photo: Rupali Insurance Company Limited

2014-07-15 00:00:00

Oil prices rebound in Asia

2014-07-15 00:00:00

SINGAPORE, July 14 (AFP) : Oil rebounded in Asia Monday on bargain hunting following sharp falls last week stoked by the prospect of a revival in Libyan supplies. US benchmark West Texas Intermediate for August delivery was up nine cents...

Swiss chocolate maker Lindt agrees to buy Russell Stover

2014-07-15 00:00:00

ZURICH, July 14 (Reuters) :  Swiss chocolate maker Chocoladefabriken Lindt & Spruengli said it had agreed to acquire family-owned US candy business Russell Stover, making it the no 3 chocolate manufacturer in North America. The Swiss company did not disclose...