US financial services provider TIAA-CREF, a leader in pensions, said on Monday it has agreed to buy investment management company Nuveen Investments for $6.25 billion including debt. TIAA-CREF is acquiring Nuveen from an investor group led by Madison Dearborn Partners,...
Prime Minister Sheikh Hasina on Monday extended her heartiest greetings to the people of the country and the Bangalis living both at home and abroad on the occasion of Pahela Baishakh 1421, expressing her hope that the New Year will...
Pahela Baishakh, the first day of Bangla calendar, was celebrated on Monday amid much fanfare, festivity and gaiety across the country under tight security cover. True to the centuries-old tradition, people from all walks of life gathered at different popular...
The Russian ruble and stock market fell on Monday under the pressure of rising tension between pro-Russian forces and the Kiev authorities in eastern Ukraine, and as the Russian economy flirts with recession. "Today emotions broke out on the markets...
Europe's main stock market indices closed higher on Monday, as upbeat US retail sales data helped investors shake off concerns over the Ukraine crisis. London's FTSE 100 closed up 0.34 per cent compared to last Friday's closing level, at 6,583.76...
European Union foreign ministers are deploring what they say is more Russian interference in Ukraine, but hoping an end to the crisis can still be peacefully negotiated. The 28 ministers, meeting Monday in Luxembourg, could add more names to a...
Twitter co-founders Jack Dorsey and Evan Williams and chief executive Dick Costolo have no short-term plans to sell their shares in the social network, according to documents released on Monday. A regulatory filing by Twitter said the three major shareholders...
French telecom operator Numericable and its parent company Altice said on Monday they are planning to issue more than 10 billion euros ($13.8 billion) of bonds to fund their acquisition of SFR. Numericable Group, which is buying the mobile phone...
PERTH, Apr 13 (AP): After a week of optimism over four underwater signals believed to be coming from the missing Malaysian plane, the sea has gone quiet and Australia's leader is warning that the massive search will likely be long....
Four killed in rebel attack in Indian Kashmir SRINAGAR, Apr 13: Militants Sunday killed two policemen guarding the home of a pro-India politician in Indian Kashmir in the first such attack in the restive region since national elections got underway,...
Muhammad Zamir | 2014-04-13 00:00:00
As Myanmar continues its efforts to roll back half-a-century of totalitarianism and usher in a comprehensive democratic process, controversy has found a new niche within its public realm. The latest nationwide census undertaken throughout Myanmar was initiated on an upbeat...
Syed Ashraf Ali | 2014-04-13 00:00:00
Bangladesh Bank has recently issued a circular underscoring the importance of prompt payment of import bills under letters of credit (LCs). Non-payment of these bills, the circular added, tarnishes the image of the country and raises the cost of imports...
Reihan Salam of Reuters | 2014-04-13 00:00:00
Alan Gross, the 64-year-old American who has been imprisoned by Cuban authorities since 2009, is an unremarkable man on the surface. He could be a friend or colleague, or an uncle you've been meaning to call. Yet what distinguishes Gross...
If the origin of Pahela Baishakh, Bangla New Year's Day, dates back to November 5, 1556 with its launching day at a much later date on March 10/11, 1584, it just covers a little less than the Bangalee people's thousand...
Wasi Ahmed | 2014-04-13 00:00:00
With the passage of nearly one and a half years since the Tazreen fire and about a year after the collapse of Rana Plaza, many are concerned about knowing the current status of the works that were to be in...
Neil Ray | 2014-04-13 00:00:00
For weeks prior to Pahela Baishakh the much sought after Hilsha has become one of the rarest things in this country. The impression is that it is nowhere to be found. After all, the craze of the Bangalees for overnight...
Christian Lowe of Reuters in Moscow | 2014-04-13 00:00:00
Gennady Timchenko, the billionaire Russian gas trader hit with U.S. sanctions over his alleged ties with the Kremlin following Russia's annexation of Crimea, said being singled out by Washington was a badge of honour. But Timchenko, who sold his stake...
The incumbent government is surely very eager to spread the use of computer and internet technology. Now, it has taken initiative to set up 100,000 Wi-Fi hotspots in various public places across our country. It will encourage young people to...
Jawayawardene and Sangakkara are two illustrious names in cricket. Sri Lanka triumphed over India in T-20 World Cup final with the tremendous performance of these two key cricketers, Sanga and Mahela. These two legends have been serving Sri Lankan cricket...
It is alarming news that different kinds of banned medicines are available in the markets in Dhaka. It is endangering public health and must not continue anymore. The banned medicines create side effects to patients and instead of curing diseases...
Md Jamal Hossain | 2014-04-13 00:00:00
Nobel laureate economist Paul Krugman in his insightful column titled Does Economics Still Progress? in the New York Times published on September 27, 2011 fumed saying: "And all this makes me wonder what kind of an enterprise I've devoted my...
S. M. Ali Akkas | 2014-04-13 00:00:00
The Bangladesh economy was little affected and instead it showed resilience even in the most turbulent period of the global financial crisis starting in 2007. Export of readymade garments, the major export item of the country, could mostly avoid the...
Jason Lange of Reuters in Washington | 2014-04-13 00:00:00
For a bunch of people who just agreed the global economy is doing better, top officials from the world's rich and poor nations sound rather worried. For poor nations, the easy monetary policies in advanced economies are leading to big...
Traders staged an eight-hour strike in the city’s Khulshi area on Sunday protesting the attack on their fellows by extortionists. The traders kept shutters of their business establishments down during the strike that began around 8 am. During the strike,...
ZM Aminul Islam | 2014-04-13 00:00:00
JHENIDAH, Apr 13: A wonderful instrument for retention of water level has been innovated by Md. Abdus Sobhan, a retired professor of mathematics of Government Nurunnahar Women' College, Jhenidah. The device can be used for flood control, arsenic-free water and...
CHANDPUR, Apr 13 (UNB): Although more than one hundred school buildings in the district have been declared abandoned and unfit in a recent government inspection, classes are still being held in the risky buildings. Teachers concerned admitted that they fear...
FE Report | 2014-04-13 00:00:00
The state-run cooperative dairy Milk Vita in collaboration with Food and Agriculture Organisation (FAO) will provide free milk to 2000 poor students of 10 primary schools of Tala Upazila in Satkhira district for one year, a release said Saturday. The...
RANGPUR, Apr 13 (BSS): State Minister for Local Government, Rural Development and Cooperatives Mashiur Rahman Ranga has said the digitisation process has been progressing fast leading Bangladesh towards a middle income nation. He was addressing launching ceremony of the two-day...
Our Correspondent | 2014-04-13 00:00:00
CHUADANGA, Apr 13: Chuadanga thana police recovered the body of an unidentified youth from a mango orchard beside Chuadanga-Alamdanga road under Chuadanga sadar upazila of the district Sunday morning at 8 am. The identity of the deceased aged 25 could...
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