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BNP Paribas fine shows dollar\\\'s key role in global markets

2014-07-07 00:00:00

PARIS, July 6 (AFP) :  As the world's reserve currency, the dollar gives Washington a powerful influence over global financial markets -- a point underlined again this week when a record fine was levelled against France's leading bank. French banking...

RIL, BP & Niko Resources slap arbitration notice for gas price hike

2014-07-07 00:00:00

NEW DELHI, July 6 (PTI): Reliance Industries and its partners BP plc of UK and Canada's Niko Resources have slapped an arbitration notice on the government seeking implementation of a delayed gas-price rise. The trio had on May 9 issued...

Foreign investors turn eyes to US oil patch

2014-07-07 00:00:00

WILLISTON, ND, July 6 (Reuters) : Foreign investors more familiar with projects in the emerging markets of Eastern Europe and tropical escapes of Southeast Asia are finding a new destination for their dollars and francs: Western North Dakota's oil patch...

Norway union to ask oil services workers to vote on wage offer

2014-07-07 00:00:00

OSLO, July 6 (Reuters) : Norwegian labour union Industri Energi will ballot its members over a wage deal it reached early on Sunday with oil services companies, following state-mediated talks to avoid a strike, the negotiating parties said. "A little...

Palladium prices hit 13-year highs as demand increases

2014-07-07 00:00:00

LONDON, July 6( Reuters): Palladium prices hit 13-year highs on Friday, driven by expectations that South African supply will remain constrained after a lengthy strike and that demand from Chinese and US carmakers will improve. Spot palladium hit a high...

Photo: JUANJUÍ, Peru : Different varieties of cocoa are collected and studied

2014-07-07 00:00:00

Ashraf Ghani leads in early vote count in Afghanistan

BBC | 2014-07-07 00:00:00

Former Afghan Finance Minister Ashraf Ghani is leading the race to replace Hamid Karzai as president, according to preliminary results. Mr Ghani won 56.44pc of votes in the 14 June run-off, election officials said. His rival Abdullah Abdullah had 43.56pc....

Detailed DSE Trading

2014-07-07 00:00:00

In peril under PM Modi, a vestige of Soviet-style planning

Rajesh Kumar Singh of Reuters from New Delhi | 2014-07-07 00:00:00

Prime Minister Narendra Modi never had a high opinion of the Planning Commission, an institutional vestige of the country's attempts to mimic the Soviet command economy during the infancy of its independence more than half a century ago. As leader...

Suu Kyi races to change Myanmar constitution before 2015 elections

Jared Ferrie of Reuters from Yangon | 2014-07-07 00:00:00

With elections looming next year, Myanmar opposition leader Aung San Suu Kyi is stepping up efforts to change a constitution that bars her from the presidency and gives substantial political power to unelected military members of parliament. Suu Kyi became...

Russian people have no appetite for war — no matter what Putin says

Matthew Rojansky and Kenneth Yalowitz of Reuters | 2014-07-07 00:00:00

Russia and the West are again at odds, eying each other with suspicion over Moscow's annexation of Crimea and support of armed separatists in Eastern Ukraine. Basic rules of the game for security, stability and prosperity in Europe and beyond...

Poverty, violence drive Central American exodus to US

Gustavo Palencia of Reuters from El Guantillo, Honduras | 2014-07-07 00:00:00

Pregnant and with a young child in her arms, 17-year-old Andy Lizette Navarro says she has lost hope for the future in her semi-deserted mountain hamlet deep in rural Honduras, and dreams of America. There are precious few options in...

Amla inspires S Africa to big win in first ODI

2014-07-07 00:00:00

COLOMBO, July 06 (AFP): Opener Hashim Amla smashed 109 and Ryan McLaren took two wickets in three balls as South Africa thrashed Sri Lanka by 75 runs in their first one-dayer on Sunday. Amla, 31, hit eight fours in his...

No Neymar, no party for Brazil

2014-07-07 00:00:00

FORTALEZA, Brazil, July 6 (AFP): The hangover from a World Cup quarter-final win over Colombia was a little more potent than Brazil expected as it awoke on Saturday still dealing with the news star striker Neymar will play no further...

Higuain, the Valdano to Messi\\\'s Maradona?

2014-07-07 00:00:00

BRASïLIA, July 6 (AFP): With a single swish of the right boot in his side's World Cup quarter-final against Belgium, Gonzalo Higuain finally showed there may be more to Argentina than Lionel Messi after all. Higuain had been under scrutiny...

Costa Rica walking tall out of World Cup door

2014-07-07 00:00:00

SALVADOR, Brazil, July 6 (AFP): Costa Rica take leave of the World Cup stage after Saturday's dramatic 4-3 penalty shoot-out loss to the Netherlands their heads held high, Costa Rica keeper Keylor Navas says. The small Central American nation may...

Federer, Djokovic braced for classic Wimbledon duel

2014-07-07 00:00:00

LONDON, July 6 (AFP): Roger Federer can become the oldest Wimbledon champion in the Open Era on Sunday when he targets a record eighth All England Club title in his 35th career meeting with Novak Djokovic. Federer (32) won the...

sports digest

2014-07-07 00:00:00

Tamim fails for World X1 at Lord's, Yuvraj hit ton Tamim Iqbal, the lone representative of Bangladesh in Rest of the World XI Team, scored just a single off 6 balls in a match against Marylebone Cricket Club (MCC) at...

Photo: Salvador, Brazil: Costa Rica\\\'s players react after the quarter-final football match

2014-07-07 00:00:00

DSE turnover dips to Tk 2.15 billion

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

The market ended lower for the four consecutive sessions Sunday with turnover dipping below six-week low as investors remained watchful amid shaky market sentiment. The market opened the week on a positive note, gaining around eight points within first 30...

Football legend Alfredo di Stefano dies

2014-07-07 00:00:00

Former Real Madrid football star Alfredo di Stefano, 88, has died in a Madrid hospital two days after suffering a heart attack, Spanish newspapers reported on Monday. Argentina-born di Stefano, who helped turn Real Madrid into a leading side in...

Far Chemical makes debut tomorrow

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

Far Chemical Industries will make its debut share trading Tuesday on the country's both bourses, officials said. The officials of the Dhaka Stock Exchange (DSE) Sunday confirmed the date of the company's debut trading. Meanwhile, the port city bourse Chittagong...

Real Madrid legend Alfredo di Stefano dies

2014-07-07 00:00:00

Former Real Madrid football star Alfredo di Stefano, 88, has died in a Madrid hospital two days after suffering a heart attack, Spanish newspapers reported Monday. Argentina-born di Stefano, who helped turn Real Madrid into a leading side in the...

Empowering people, society through CSR our ethos, says GP executive

Kamrun Nahar | 2014-07-07 00:00:00

Big corporations need to collaborate in the field of corporate social responsibility (CSR) to make greater impact for wellbeing of the people, a Grameenphone top official said. To him CSR is a long term sustainable commitment to work for the...

New EPZ law gets cabinet nod

2014-07-07 00:00:00

The cabinet has approved in principle the draft of the Export Processing Zone (EPZ) Labour Act 2014 that gives workers the right to organise themselves. A cabinet meeting chaired by Prime Minister Sheikh Hasina approved the draft on Monday. Cabinet...

New AMD of Bank Asia

2014-07-07 00:00:00

Mr. Aminul Islam has assumed the responsibility of Additional Managing Director of Bank Asia Limited. Prior to this assignment, he was the Deputy Managing Director of the Bank. He is also holding the responsibility of Chief Operations Officer (COO). Mr....

First CSRA in Bangladesh

2014-07-07 00:00:00

Mr. Md. Touhidul Alam Khan, Deputy Managing Director of Modhumoti Bank Limited has been qualified as Certified Sustainability Reporting Assurer (CSRA) from Jakarta-based National Centre for Sustainability Reporting (NCSR), a registered Organisational Stakeholder of the Global Reporting Initiative (GRI), Netherlands....

News Briefs

2014-07-07 00:00:00

New EC chair, vice-chair of SJIBL Akkasuddin Mollah and Alhaj Md. Sanaullah Shahid were elected chairman and vice chairman respectively of Executive Committee (EC) of Shahjalal Islami Bank Limited in the 198th meeting of the Board of Directors held recently.     ...

Photo: Citibank, N.A. Bangladesh

2014-07-07 00:00:00

Photo: A workshop on \\\"SME, Ethical Banking, ERM & Green Banking\\\" organised by Pubali Bank

2014-07-07 00:00:00