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JPMorgan profit weaker than expected as trading revenue falls

2014-04-13 00:00:00

LONDON, Apr 12 (Reuters): JPMorgan Chase & Co posted far weaker-than-expected quarterly profit as uncertainty about the US economy weighed on investor trading volumes and consumer borrowing. Results from the first of the major Wall Street banks to post earnings...

Photo: US Ambassador to Bangladesh Dan Mozena

2014-04-13 00:00:00

China inflation jumps to 2.4pc year-on-year in March

2014-04-13 00:00:00

BEIJING, Apr 12 (AFP): Chinese inflation accelerated to 2.4 per cent year-on-year in March driven by higher food prices, official data showed Friday, though economists warned there was still a risk of deflation. The rise in the consumer price index...

Microsoft sued over browser miscue that led to $731 million EU fine

2014-04-13 00:00:00

SEATTLE, Apr 12 (Reuters) : Microsoft Corp's board faces a lawsuit over the way it handled an error with its Internet Explorer browser that ended up costing the company a record-breaking $731 million fine by European antitrust regulators. The lawsuit,...

India February industrial output slides by unexpected 1.9pc

2014-04-13 00:00:00

NEW DELHI, Apr 12 (AFP): India's industrial production slid by an unexpected 1.9 per cent in February, data showed Friday, underscoring the the huge economic revival challenge facing the new government that emerges from elections now under way. The tumble...

Brazilian tycoon Batista faces insider trading probes

2014-04-13 00:00:00

RIO DE JANEIRO, Apr 12 (Reuters) :  Eike Batista, who was Brazil's richest man for most of the past decade, is under investigation for allegedly engaging in insider trading while he chaired his now-bankrupt oil-producing and shipbuilding firms, securities industry...

GM head knew of steering problem in 2011: Documents

2014-04-13 00:00:00

WASHINGTON, Apr 12 (AFP): General Motors chief executive Mary Barra was told in 2011 of steering problems on cars involved in this year's recall and linked to 13 deaths, a document released Friday showed. US lawmakers published an internal email,...

Egypt to need more financial support

2014-04-13 00:00:00

WASHINGTON, Apr 12 (AFP): Egypt will need further international assistance to put its economy back on track despite receiving huge loans from Gulf Arab states, the IMF said Friday. "Egypt will need financial support which could come from its partners...

Iran economy stabilising, to soar if deal reached: IMF

2014-04-13 00:00:00

WASHINGTON, Apr 12 (AFP): Iran's economy is stabilising and will post substantially stronger growth if the Islamic republic reaches a comprehensive deal with world powers on its nuclear program, the IMF said Friday. The International Monetary Fund estimates that Iran's...

Myanmar newspapers go black to protest jailing of journalists

2014-04-13 00:00:00

Several newspapers in Myanmar have printed black front pages to protest against recent arrests and jail terms handed out to journalists, reports BBC. The protest comes after a court Monday jailed a journalist for a year over charges that included...

Steps against unfit vehicles after May, warns BRTA

2014-04-13 00:00:00

Bangladesh Road Transport Authority (BRTA) has set May 31 as the deadline for the transport owners to collect their fitness certificates afresh for all kinds of unfit vehicles plying roads and highways across the country. "If any motorised vehicle is...

BNP-Jamaat plot to be resisted: AL

2014-04-13 00:00:00

Awami League (AL) city unit will celebrate the Pohela Baishakh, the first day of the Bangla New Year 1421, with colorful festivities, reports BSS. The city AL has decided to bring out a colourful mass procession in the capital city...

Imran relieved of Mancha\\\'s spokesman post

2014-04-13 00:00:00

The internal feud of the Ganajagaran Mancha has taken a new turn as several self-proclaimed organisers of the platform relieved Imran H Sarker of his duties as the spokesperson, reports bdnews24.com. They held a press briefing on Saturday in front...

Govt gives top priority to power sectors: Mannan

2014-04-13 00:00:00

State Minister for Finance and Planning MA Mannan Saturday said the government is committed to supplying electricity in each and every house of the country within five years, reports BSS. "The present government has given top priority to power sector...

Khaleda must sever ties with militancy: Inu

2014-04-13 00:00:00

Information Minister Hasanul Haque Inu Saturday said BNP chairperson Khaleda Zia has to cut off relations with militancy and communal forces to establish peace in the country. "Political peace would not be established until Khaleda Zia really severs relations with...

Ramna blast verdict awaited even after 13 years

2014-04-13 00:00:00

Five years have elapsed since the trial of the murder case in connection with the Ramna blast of 2001 began, but deposition of investigators is yet to be completed while the prosecution expects its verdict in two months, reports BSS....

Law enforcers asked to show ‘zero tolerance’ to any offenders

2014-04-13 00:00:00

Overseas Employment and Expatriate Welfare Minister Engineer Khondoker Mosharraf Hossain said in Faridpur Saturday that the government of Prime Minister (PM) Sheikh Hasina has given highest importance for maintaining law and order in the right direction to ensure safety of...

Laxmipur Jubo Dal activist shot dead

2014-04-13 00:00:00

LAXMIPUR, Apr 12 (UNB): A local activist of Jatiyatabadi Jubo Dal, youth front of the BNP, was shot dead by unknown miscreants at Baralia in Sadar Upazila early Saturday. The deceased was identified as Kamal Hossain Babul, an activist of...

Tarique\\\'s remark on Bangabandhu protested at JU

2014-04-13 00:00:00

Pro-government teachers' fraction of Jahangirnagar University (JU) under the banner of 'Bangabandhur Adorsha O Muktijoddher Chetonay Bishwashee Progotisheel Shikkhak Samaj' Saturday protested the remarks of BNP Senior vice chairman Tarique Rahman on father of the nation Bangabandhu Sheikh Mujibur Rahman,...

New president, GS of Khulna Workers\\\' Party

2014-04-13 00:00:00

KHULNA, Apr 12 (BSS): Hafizur Rahman Bhuiyan and advocate Mizanur Rahman have been elected president and general secretary (GS) respectively of Khulna district unit Workers' Party today. The committee was formed with 19 members at the 9th council conference of...

Photo: BNP chairperson Khaleda Zia speaking

2014-04-13 00:00:00

Photo: Ganojagoron Mancho organiser Kamal Pasha speaking

2014-04-13 00:00:00

Pahela Boishakh tomorrow

2014-04-13 00:00:00

The nation is set to celebrate Pahela Boishakh, the Bangla New Year's Day tomorrow (Monday) amid fairs, open air concerts, colourful rallies and distribution of sweets, reports UNB. The day is a public holiday. Celebration of Pahela Boishakh has become...

1,500 docs to be trained on heart diseases

FE Report | 2014-04-13 00:00:00

Medtronic Foundation, a US-based organization, and National Heart Foundation of Bangladesh would train nearly 1,500 doctors across the country in two years. Both the organisations started the training programme Saturday at the National Heart Foundation Hospital and Research Institute where...

President urges students to grow reading habit

2014-04-13 00:00:00

President Md Abdul Hamid Saturday called upon the country's student community to grow their reading habit instead of confining their knowledge to mere class notes, reports UNB. "Reading habit has to be developed instead of confining your knowledge to class...

Fatigue test of steel rod essential for quality constn : experts

2014-04-13 00:00:00

Speakers at a seminar on "Fatigue Properties of Steel" in Bangladesh underscored Saturday the need for ensuring fatigue test before use of steel rod and other steel products in construction works, reports UNB. They said that most people involved in...

4,000km ring-road to be built in border region : Quader

2014-04-13 00:00:00

Communications Minister Obaidul Quader Saturday said revolutionary changes will be visible in the development of communication infrastructure of the Chittagong hill tracts (CHT) area in the next two years, reports BSS. "Four thousand km long ring-road will be built in...

Rab investigators say two people killed Sagar, Runi

2014-04-13 00:00:00

Over two years after the gruesome murder of Sagar and Runi, investigators are now claiming that two people killed the journalist couple but unable to say who they exactly were, intensifying the mystery further, reports UNB. "Now we're sure there...

BD achieves great success in agriculture : Mozena

2014-04-13 00:00:00

US Ambassador in Bangladesh Dan W Mozena Saturday said that Bangladesh has achieved a great success in agriculture on its way to becoming self-reliant in food within the next ten years. The US Ambassador made the observation while addressing a...

Students, book traders clash at Nilkhet

2014-04-13 00:00:00

Police fired tear gas shells to stop a clash between a section of Dhaka University students and book traders at Nilkhet Saturday, reports UNB. Witnesses said three book shops were set on fire during the clash that erupted at around...