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Russia braced for tough WC campaign: Capello

2014-05-06 00:00:00

MOSCOW, May 5 (AFP): Russia are braced for a tough World Cup campaign, according to coach Fabio Capello, who added that he believed his players were capable of performing on football's biggest stage. "I think Russia has a good team,"...

Sharapova cruises, Kvitova battles through in Madrid

2014-05-06 00:00:00

MADRID, May 5 (AFP): Four-time Grand Slam champion Maria Sharapova made light work of the Czech Republic's Klara Koukalova to ease into the second round of the Madrid Open 6-1, 6-2 on Sunday. Sharapova claimed her first title of the...

Jurgensen era comes to an end

2014-05-06 00:00:00

The Shane Jurgensen's era has come to an end in Bangladesh cricket. The resignation letter of the Australian coach is being accepted, informed the Bangladesh Cricket Board (BCB) President Nazmul Hassan, reports bdnews24.com. Hassan has said that BCB will appoint...

Dhaka Warriors emerge boys\\\' champs

2014-05-06 00:00:00

Dhaka Warriors clinched the boys' title of the Walton Refrigerator First National Floor Ball Championship beating Dhaka Commerce College by 3-2 goals at the Shaheed Suhrawardy National Indoor Stadium in Mirpur on Sunday night, reports UNB. Additional Director of the...

Kushtia beat Faridpur

2014-05-06 00:00:00

Kushtia District defeated Faridpur District by 3-1 goals in a zonal semifinal of the KFC National Women's Football Championship at Kushtia District Stadium on Monday, reports UNB. Shirin struck twice while Ambia scored the other goal for the winners. Chaina...

NZ to make match-fixing a crime

2014-05-06 00:00:00

WELLINGTON, May 5 (AFP): New Zealand said Monday it will make match-fixing a specific crime for the first time to ensure sport remains corruption-free as the country prepares to co-host next year's Cricket World Cup. Sports Minister Murray McCully said...

\\\'Z\\\' category companies on rise

Mohammad Mufazzal | 2014-05-06 00:00:00

The number of 'Z' category companies continued to rise in both the bourses as a good number of 'A' and 'B' category companies and newly listed ones have been placed to the poor performers' group following their failure to recommend...

Creating Shared Value cared by Nestle`

Kamrun Nahar | 2014-05-06 00:00:00

Nestle` Bangladesh will source the raw materials of its products from local farmers by training them to grow produces as per the company's specification, a senior official of the company said. Nestle`, the global behemoth in nutrition, health and wellness...

Anwar Group gets new Head of Marketing

2014-05-06 00:00:00

Galib Mohammad has joined as new head of marketing for building materials division of Anwar Group, country's one of the leading groups of industries. Mr. Galib will be heading Marketing, Brand Building and Communications functions of the group's building materials...

News Briefs

2014-05-06 00:00:00

SIBL condoles death of its director Social Islami Bank Ltd (SIBL) has condoled the death of its former director Md. Abdul Hakim who breathed his last April 29 last. As a Computer Engineer, Mr. Hakim was engaged in various senior...

Photo: Re-elected Chairman of UCB MA Hashem

2014-05-06 00:00:00

Narendra Modi criticises Priyanka Gandhi remarks

2014-05-06 00:00:00

NEW DELHI: Narendra Modi, the leader of India's main opposition BJP, has criticised Priyanka Gandhi, the sister of Congress party leader Rahul Gandhi, for saying that the BJP was "indulging in low level politics". "I belong to a lower caste...

Photo: Dhaka Bank Limited

2014-05-06 00:00:00

Investors remain \\\'watchful\\\' on DSE

FE Report | 2014-05-06 00:00:00

Stocks closed flat in positive Monday after five days fall with slightly improvement in turnover as investors reshuffled their portfolios and remained 'watchful' amid few earning declarations. The market acted volatile opening in red, however, large and mid-cap stocks added...

FIIs stake in BSE-500 firms at new high

2014-05-06 00:00:00

MUMBAI, May 5 (Business Standard): Foreign institutional investors (FIIs) have further tightened their grip on the Indian equity market, with their average holding in BSE-500 companies hitting a new high at the end of March 2014 quarter. According to the...

Sensex edges higher on value-buying

2014-05-06 00:00:00

MUMBAI, May 5 (Reuters): The BSE Sensex edged higher on Monday, recovering from a five-session losing streak as market heavyweights such as Reliance Industries recouped, although sentiment remained broadly weak ahead of the conclusion of elections later this month. Global...

Pfizer cannot use UK as \\\'tax haven\\\'

2014-05-06 00:00:00

Business Secretary Vince Cable has told MPs the government will not let Pfizer use the UK as a tax haven and promised to secure British science jobs. The move comes after concerns were raised by MPs about the proposed takeover...

BSEC fines three individuals,one company for non-compliance

2014-05-06 00:00:00

Bangladesh Securities and Exchange Commission (BSEC) on Monday fined three individuals and one company for non-compliance of the Securities and Exchange Ordinance, 1969, reports UNB. The BSEC has imposed penalty of Tk 1.0 million upon Abdur Rahim, Tk 0.2 million...

Photo: Phoenix Insurance Company Ltd

2014-05-06 00:00:00

Photo: Bangladesh Express Co Ltd,

2014-05-06 00:00:00

Cabinet nod to proposal for BD-Serbia visa exemption deal

FE Report | 2014-05-06 00:00:00

The cabinet approved Monday the proposal for an agreement between Bangladesh and Serbia on visa exemption of the government officials and diplomats of the two countries for bilateral visits. "The official and diplomatic passport holders of the two countries will...

Pfizer profits fall, still hopes to buy AstraZeneca

2014-05-06 00:00:00

NEW YORK, May 5 (AFP): Pfizer Monday said it still hopes to enter merger talks with AstraZeneca as it reported lower earnings on an unexpectedly large drop in sales. Pfizer, which has been hit hard by a series of major...

Meditex, Pharma Int’l Expos begin May 8

FE Report | 2014-05-06 00:00:00

The sixth Meditex Bangladesh 2014 International Expo and fourth Pharma Bangladesh 2014 International Expo will start on May 8 at Bangabandhu International Conference Centre. This was disclosed at a press conference on sixth Meditex Bangladesh 2014 International Expo and fourth...

News Briefs

2014-05-06 00:00:00

Nokia invests $100m in car connectivity HELSINKI, May 5: Finnish mobile communications equipment maker Nokia on Monday said it had started a $100 million fund to invest in companies working on connecting cars. The fund will be run by the...

Photo:The Farmers Bank Limited

2014-05-06 00:00:00

Muhith for stronger economic ties with Kazakhstan

2014-05-06 00:00:00

Finance Minister AMA Muhith has stressed the need for coordinated initiatives for stronger economic ties with Kazakhstan. The minister came up with the observation while met Deputy Prime Minister and Finance Minister of Kazakhstan Bakhyt Sultanov on Sunday. The meeting...

WFS hands over deep sea fishing vessel to owner

Our Correspondent | 2014-05-06 00:00:00

CHITTAGONG, May 5: FV Alliance -1, a 41-metre deep sea fishing vessel, built by the Western Fishers Shipyard (WFS), has been delivered to its owner. The WFS is a joint venture concern of the Western Marine Shipyard Ltd and the...

Japan \\\'meets most EU conditions\\\' for more trade talks

2014-05-06 00:00:00

BRUSSELS, May 5 (Reuters): The European Union (EU) is broadly satisfied with Japan's progress in opening up its markets in talks towards an ambitious free-trade deal and will likely approve the continuation of negotiations later this month. According to an...

Ukraine crisis to hit Russia economy: EU

2014-05-06 00:00:00

BRUSSELS, May 5 (AFP): A top European Union (EU) official said on Monday that the worsening situation in Ukraine is hurting the Russian economy more than the economies of the EU. Releasing the EU's 2014 and 2015 economic forecasts, acting...

Lankan trade deficit narrows in February

2014-05-06 00:00:00

COLOMBO, May 5 (Xinhua): Sri Lanka's trade deficit narrowed by 20.7 per cent in February to US$504 million on increased earnings from exports, the Central Bank said in its latest report on Monday. Earnings from exports in February 2014 increased...