OTTAWA, Mar 8 : The Canadian economy unexpectedly shed 7,000 jobs in February as unemployment held steady at 7.0 per cent, the government's statistics agency said Friday. "There has been little overall employment growth in Canada since August 2013," Statistics...
FRANKFURT, Mar 8 (AFP): Spring appears to be arriving early for the German economy as industrial production picked up speed in January, official data showed on Friday. Industrial output expanded by 0.8 per cent in January, after inching up by...
WASHINGTON, Mar 8 (AFP): Samsung on Friday unveiled a free music service for users of its Galaxy smartphones, entering a crowded market that includes Pandora, Spotify and Apple's iTunes. The service dubbed "Milk Music" will offer some 200 ad-free radio...
TOKYO, Mar 8 (AFP): Sony said Friday it would sell properties at a prestigious Tokyo site where it had its headquarters for six decades, as the once-world beating firm struggles to repair its bottom line. The company's 16.1 billion yen...
NEW DELHI, Mar 8 (AFP): Indian mobile giant Bharti said Friday it was scouting for a new partner to replace Walmart in a retail joint venture with reports saying it was in talks with France's Carrefour and Japan's AEON. The...
WASHINGTON, Mar 8 (AFP): US job creation picked up pace in February after harsh weather depressed the numbers for two months, somewhat alleviating worries that economic growth had sputtered out during the winter. The economy generated 175,000 jobs last month,...
NEW YORK, Mar 8 (AFP): The euro edged higher on Friday, but leading currencies changed little overall as markets were on edge over tensions in Ukraine. The United States and European powers are in a major standoff with Moscow over...
OTTAWA, Mar 8 (AFP): Canada's trade swung into virtual balance in January with a deficit of only Can$177 million, compared to a Can$922 million deficit the previous month, the government said Friday. The improved trade balance surprised economists who had...
BEIJING, Mar 8 (AFP): China recorded an unexpected trade deficit of $22.98 billion in February, official figures showed Saturday, with authorities blaming the country's holiday season for the weak performance. The figure compared with a surplus of $14.8 billion in...
WASHINGTON, Mar 8 (AFP) : Moody's raised its credit outlook for the Netherlands and Belgium on Friday, elevating both to stable from negative as the eurozone economy improves. The Netherlands kept its top-level Aaa rating, while Belgium was three levels...
Launching a counter-attack on the government, BNP chairperson Khaleda Zia on Sunday said it is the current regime that is supplicating foreigners, not her party, and warned of dire consequences if it does not arrange a fresh national election immediately....
NEW YORK, Mar 8 (AFP): Boeing said Friday that hairline cracks have been found in the wings of some of its B787 Dreamliners that are still in production, due to a manufacturing problem. A Boeing spokesman told AFP the cracks...
LONDON, Mar 8 (AFP): Global commodities experienced volatile trade this week on worries over Ukraine, with oil spiking before sliding on receding tensions, while gold sparkled as investors sought shelter from the crisis. Sentiment was also hit by demand concerns...
The High Court (HC) on Sunday declared illegal the recruitment of over 4,000 nurses holding diploma degrees by the government. After hearing a writ petition, an HC bench of Justice Farah Mahbub and Justice Kazi Md Ejarul Haque Akondo passed...
GENEVA, Mar 8 (AFP) : For lovers of luxury and bling-bling, German tuning specialist Carlsson is offering an eyeful at the Geneva Motor Show this week, displaying the world's first gold-covered car. Several thousand sheets of gold leaf were needed...
Chinese Ambassador in Dhaka Li Jun on Sunday said both Bangladesh and China should strengthen cooperation between their militaries and law enforcement departments to ensure their respective national security and stability. He said both the countries are ‘victims of terrorism...
KIEV, Mar 8 (Xinhua): The International Monetary Fund (IMF) is ready to provide financial and technical assistance to Kiev, the fund's senior official said Friday. "The IMF stands ready to help the people of Ukraine and support the authorities' economic...
Energy Commodity Futures Commodity Units Price Change % Change Crude Oil (WTI) USD/bbl. 102.58 +1.02 +1.00% Crude Oil (Brent) USD/bbl. 109.00 +0.90 +0.83% RBOB Gasoline USd/gal. 2.9738 +2.83 +0.96% NYMEX Natural Gas USD/MMBtu 4.62 -0.04 -0.94% NYMEX Heating Oil USd/gal....
Rezaul Karim and Khairul Islam | 2014-03-09 00:00:00
The country's primary and mass education sector may lose US$ 667 million in foreign aid unless the government meets certain conditions set by donors, including reviewing its decision to cut the sector's development allocation beyond 15 per cent, officials said....
MUMBAI, Mar 8 (Reuters) : Indian drugmaker Ranbaxy Laboratories Ltd, reeling under a flurry of regulatory rebukes due to manufacturing quality concerns, has recalled more than 64,000 bottles of the generic version of a cholesterol-lowering drug in the United States...
HARARE, Mar 8 (Xinhua): Leading diamond mining firms in Zimbabwe are struggling against dwindling deposit and liquidity crunch, company sources revealed Friday, stoking fears that the mining sector boon that sustained the country's near double-digit economic growth since in the...
JOHANNESBURG, Mar 8 (AFP) : South Africa's state- owned utility Eskom said yesterday it has managed to meet electricity demand, a day after declaring a power emergency, plunging the country into darkness. Spokesman Tony Stott said Eskom had "lifted the...
Washington, Mar 8 (BBC) : The US economy added 175,000 new jobs in February, but the unemployment rate rose slightly to 6.7per cent. The jobs figures, from the US Labour Department, were better than many had been expecting and marked...
SAN CRISTOBAL, Venezuela, Mar 8 (AFP) : Patricia Gamboa arrived at a government-run supermarket in western Venezuela at 2 am, six hours before doors opened, to be first in line and buy whatever she could get her hands on. As...
Mashiur Rahman | 2014-03-09 00:00:00
Democracy in Bangladesh is resurrected and led by women. Democracy was strangulated to death with the assassination of Bangabandhu Sheikh Mujbur Rahman (August 15, 1975), and assumption of power successively by the military. Sheikh Hasina led the movement against military...
Bill Schneider writing for Reuters | 2014-03-09 00:00:00
Can we have a new Cold War without a communist threat? Some important political players seem to think so. One of them is Russian President Vladimir Putin. At his surreal press conference, Putin depicted the protest that overthrew the pro-Russian...
Yet another project titled 'City Region Development', now in the pipeline, is going to lay the foundation of two more elaborate projects such as 'Dhaka Structure Plan 2016-2035' and a fresh Dhaka Detailed Area Plan (DAP 2016-2035). Clearly, the Tk...
Shahiduzzaman Khan | 2014-03-09 00:00:00
The four member countries of the Bangladesh-China-India-Myanmar Forum for Regional Cooperation (BCIM)) are set to sign an agreement in next December to build a trans-national highway. The highway will eventually turn Bangladesh into a hub of connectivity between South and...
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