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Modhumoti Bank HOLDS executive committee MEETING

2024-07-28 00:00:00

Modhumoti Bank HOLDS executive committee MEETINGThe 126th meeting of the executive committee of Modhumoti Bank was held on Saturday through Zoom. The meeting was presided over by the committee chairman Barrister Sheikh Fazle Noor Taposh. Among others, Managing Director of...

Spooked US stock market faces tech earnings minefield, Fed meeting

2024-07-28 00:00:00

NEW YORK, July 27 (Reuters): Rattled investors are bracing for earnings from the market's biggest tech companies, a Federal Reserve policy meeting and closely watched employment data in a week that could determine the near-term trajectory of US stocks following...

Private equity giant Apollo invests $700m in Sony Music

2024-07-28 00:00:00

Private equity behemoth Apollo Global Management has invested $700 million in high-profile record label Sony Music Group, allowing its clients an opportunity to invest in "high grade" alternative assets, reports Reuters.Apollo did not reveal the terms of the deal with...

Trading time increased by an hour

2024-07-28 00:00:00

FE REPORT The bourses announced that trading time will be increased by an hour from today (Sunday).The new trading time will be from 10:00am to 2:00pm, still half an hour less from the usual trading hours. The normal trading hour...

IT cos fear foreign clients may turn their back on them

Mohammad Mufazzel | 2024-07-28 00:00:00

Internet blackout came as a severe blow to the IT companies that fear long-term setbacks on business if foreign clients consider them unreliable and move to other countries, say Vietnam, for uninterrupted services. To avoid clients get irked by any...

Indonesia's cocoa output seen lower as El Nino effects linger

2024-07-28 00:00:00

JAKARTA, July 27 (Reuters): Indonesia's cocoa output is set to fall again this year as the effects of last year's El Nino weather pattern linger, the cocoa farmers' association said on Thursday.Last year's dry season was the most severe since...

Gold rises as yields slip after US data lifts rate-cut hopes

2024-07-28 00:00:00

Gold prices rose 1 per cent on Friday as US Treasury yields fell on optimism for an interest rate cut by the Federal Reserve in September after data showed US prices rose modestly in June, reports Reuters.Spot gold rose 0.8...

Wheat up as French crop conditions worsen

2024-07-28 00:00:00

HAMBURG, July 27 (Reuters): European wheat futures rose on Friday as new data showed France's harvest has suffered damage from repeated rain this summer, traders said.But gains were limited by cheap export prices offered by Black Sea exporters, especially for...

Oil prices end week lower on China demand fears

2024-07-28 00:00:00

HOUSTON, July 27 (Reuters): Oil futures fell about 1.5 per cent on Friday, finishing the week lower on declining Chinese demand and hopes of a Gaza ceasefire agreement that could ease Middle East tensions and accompanying supply concerns.Brent crude settled...

Magura sees massive Aush cultivation

2024-07-28 00:00:00

OUR CORRESPONDENT MAGURA, July 27: Adequate rain and the government's incentive have become a boon for Aush farmers in the district.This month, heavy rainfall has taken place in the district which is favourable for Aush cultivation, farmers said."Besides this, local...

Meherpur road accident kills woman

2024-07-28 00:00:00

MEHERPUR, July 27 (BSS): A woman was killed in a road accident on the Meherpur-Kushtia road in Chocktola area under Gangni upazila of the district on Saturday.The deceased was identified as Nisaran Khatun, 55, daughter of late Matleb Ali, resident...

Khulna farmers expect bumper ginger yield

2024-07-28 00:00:00

KHULNA, July 27 (BSS): Farmers are expecting bumper production of ginger farming in sack-method during the current season as a total of 3,467 farmers have been involved in ginger farming.Officials of the Department of Agricultural Extension (DAE) said a total...

Flood damages crops worth Tk 1.38b in Jamalpur, Tk 760m in Gaibandha

2024-07-28 00:00:00

The recent flood has so far damaged huge crops worth over Taka 1.38 billion (138.50 crore) in Jamalpur district and Tk 760 million (76 crore) in Gaibandha district, reports BSS.In Jamalpur, crops of Tk 1.38 billion (138.50 crore) were damaged...

Unsold mangoes rotting on Rajshahi trees

2024-07-28 00:00:00

OUR CORRESPONDENTRAJSHAHI, July 27: The curfew imposed over the students' movement for the quota system abolition from government services has dealt the farmers and traders of Rajshahi a crushing blow as they could not sell their mangoes during this nationwide...

France cancels trains, hunt for vandals continues

2024-07-28 00:00:00

PARIS, July 27 (BBC): Three out of 10 French high-speed trains will be cancelled on Saturday on routes hit by a series of "co-ordinated" arson attacks.French Prime Minister Gabriel Attal said security forces continued to search for the "saboteurs" responsible...

NASA Mars rover captures rock that could hold fossilised microbes

2024-07-28 00:00:00

WASHINGTON, July 27 (AFP): NASA's Perseverance Mars rover has made what could be its most astonishing discovery to date: possible signs of ancient life on the Red Planet.The six-wheeled robotic explorer came across an intriguing, arrow-shaped rock dubbed "Cheyava Falls"...

Kyiv's statements on peace talks contradictory: Russia

2024-07-28 00:00:00

VIENTIANE, July 27 (AFP): Russian Foreign Minister Sergei Lavrov said Saturday he "does not listen" to what he called Ukraine's contradictory statements on peace talks.Lavrov spoke after Ukrainian Foreign Minister Dmytro Kuleba visited China for talks this week. President Volodymyr...

Israeli strike on Gaza school leaves 30 dead

2024-07-28 00:00:00

GAZA, July 27 (BBC/AP): Israel's military has struck a school near Deir al-Balah, a city in central Gaza, killing at least 30 Palestinians and injuring more than 100, according to the Hamas-run ministry of health.The Israel Defense Forces (IDF) said...

A blueprint for success

2024-07-28 00:00:00

In today's digitally interconnected world, online presence is more than just a reflection of one's life; it's a powerful tool that can shape one's career, personal growth, and even global opportunities. Building a strong online brand is essential for career...

The new workforce and how to get ready

ANINDETA CHOWDHURY | 2024-07-28 00:00:00

It was not a long time ago when we could not think of full-time work outside of an office space but the technology has made us able to work even from home. It just needs tailored skills to suit ourselves,...

Indirect deaths in Gaza three to 15 times more than direct deaths: Lancet

Muhammad Mahmood | 2024-07-28 00:00:00

As the Israeli genocidal war machine moved on to invade Gaza in late October last year, it was killing anyone who moved and destroying anything that stood. The Israeli Occupation Force (IOF) is both massacring Palestinians and destroying their physical...

MFS facing growing risk of fraud

2024-07-28 00:00:00

Mobile financial services (MFS) have revolutionised the financial landscape in Bangladesh, providing greater access to financial products, convenient payment options, and streamlined commercial transactions. However, the sector faces challenges, particularly in terms of fraud and security breaches. Fraud in mobile...

China's diplomatic coup in Middle East

2024-07-28 00:00:00

The People's Republic of China has emerged as a peacemaker in the Middle East, replacing the United States, which dominated the region for the last 25 years. China's role became prominent after successfully mediating a conflict between the major oil-producing...

Urgent steps needed to reopen Metro Rail, Expressway

Atiqul Kabir Tuhin | 2024-07-28 00:00:00

Over the last week, the disgraceful scenes of ransacked and willfully damaged public property shocked the nation. Victims of the senseless mayhem included two stations of the Metro Rail, buildings of Bridge Division, BTV, Department of Disaster Management, BARTA, Narsingdi...

Monetary policy faces fresh challenges

Asjadul Kibria | 2024-07-28 00:00:00

The latest monetary policy, declared two weeks ago, seeks to keep the growth of domestic credit flow at a moderate level during the first half of the current fiscal year (FY25). It wants to keep the growth of private credit...

Prices of essentials up again

2024-07-28 00:00:00

Most people in the country have been taking the brunt of unrelenting food inflation for the last few years. The violence that gripped the capital city and beyond during the anti-quota movement saw fresh disruptions of supply chain for food...

Cache server reboot improves Internet

FE REPORT | 2024-07-27 12:00:00

Following a five-day nationwide internet blackout and broadband services restored on Tuesday, international internet gateway operators resumed Google's cache server on Thursday night -- improving internet speeds for users.However, cache servers for short-form video hosting service TikTok and Meta-owned Facebook...

French culture, history mingle at Olympic opening show

2024-07-27 12:00:00

PARIS, July 26 (AFP): The opening ceremony for the Paris Olympics began Friday, an unprecedented and ambitious show with up to 7,000 athletes parading down the River Seine past the historic monuments of the French capital despite the risk of...

Concerns aired over debt-service fund diversion for instalment payment

SYFUL ISLAM | 2024-07-27 12:00:00

Withdrawal of funds from debt-service reserve account for instalment payment against a loan for a state-owned power plant has created concerns among its multiple foreign financiers, officials said. They raised a number of questions to learn the current and future...

Electric car woes force German supplier ZF to axe jobs

2024-07-27 00:00:00

BERLIN, July 26 (AFP): German car parts manufacturer ZF said Friday it would cut a fifth to a quarter of jobs in Germany as it struggled with the switch to electric vehicles and foreign competition."The number of employees in Germany...