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BGMEA, Impactt sign MoU to boost output in RMG industry

FE Report | 2014-02-07 00:00:00

The country's apex apparel body -- Bangladesh Garment Manufacturers and Exporters Association (BGMEA) -- teamed up with the ethical trading consultancy -- Impactt -- aiming to increase productivity in the readymade garment (RMG) industry. BGMEA and Impactt signed a memorandum...

Mexico gets credit rating lift from Moody\\\'s

2014-02-07 00:00:00

PARIS, Feb 6 (AFP): Moody's credit agency raised the credit rating for Mexico by one notch on Wednesday lauding the country's ambitious reform programme. By moving the rating up one notch to 'A3', Moody's elevated Mexico to its top tier...

Singapore Airlines third-quarter net profit down 65pc

2014-02-07 00:00:00

SINGAPORE, Feb 6 (AFP): Singapore Airlines (SIA) said Thursday its third-quarter net profit fell 65 per cent from the previous year, weighed down by a huge legal settlement bill in the US and losses from associated companies. The flag carrier...

Spanish bankruptcies hit record last year

2014-02-07 00:00:00

MADRID, Feb 6 (AFP): Bankruptcy filings soared to a record high in Spain in 2013, official data showed Thursday, with the construction industry in particular still reeling five years after a property market crash. The number of household and business...

Sony cuts 5,000 jobs, exits PC business and tips $1.0b loss

2014-02-07 00:00:00

TOKYO, Feb 6 (AFP): Sony warned Thursday it would book a $1.08 billion annual loss as it cuts 5,000 jobs and exits the stagnant PC market this year, as the once-mighty electronics giant struggles to reinvent itself in the digital...

Volvo announces 2,400 more job cuts as truck sales drop

2014-02-07 00:00:00

STOCKHOLM, Feb 6 (AFP): Swedish truck maker Volvo is cutting 2,400 jobs in addition to 2,000 cuts the group announced in October, hoping to boost falling profitability it said on Thursday. The group faced a tough 2013, with sales falling...

US to advise Iraq on securing oil infrastructure

2014-02-07 00:00:00

BAGHDAD, Feb 6 (AFP): The United States is to provide Iraq with technical support to help it secure its oil export infrastructure, which accounts for the lion's share of government revenues,officials said Wednesday. The cooperation comes with Baghdad looking to...

S African union denies platinum wage talks breakdown

2014-02-07 00:00:00

JOHANNESBURG, Feb 6 (AFP): South Africa's radical worker group AMCU said Thursday that salary negotiations were still on track two weeks into a massive strike at the country's platinum mines, contradicting an announcement by producers that the talks were deadlocked....

Photo: NEW DELHI, India: Passengers on an Air India flight from New York pass through immigration counters at Terminal T-3 of Indira Gandhi International airport

2014-02-07 00:00:00

Photo: PHILIPPINES: A resident buys vegetables at a food market in Las Pinas

2014-02-07 00:00:00

World food prices fall, supplies and production strong: UN

2014-02-07 00:00:00

ROME, Feb 6 (AFP): World food prices fell in January for the first time for three months, because plenty of food is reaching markets and production looks good, the UN's food agency said on Thursday. But demand, notably in Asia...

Japan makes first oil payment to Iran in a year

2014-02-07 00:00:00

TOKYO, Feb 6 (Reuters): Japan this week became the first of Iran's oil buyers to make a payment for crude imports under an interim nuclear deal, sources told Reuters on Wednesday, as the West eased a year-long stranglehold on revenues...

World Bank to map Africa\\\'s natural resources

2014-02-07 00:00:00

WASHINGTON, Feb 6 (AFP): The World Bank plans to launch in July a $1-billion plan to map Africa's natural resources with the aim of delineating more clearly the continent's uncovered mineral wealth. The project, dubbed the Billion Dollar Map, "will...

Oil prices rise in Asian trade

2014-02-07 00:00:00

SINGAPORE, Feb 6 (AFP): Oil prices rose in Asian trade Thursday, extending gains on stronger demand for heating fuel in the United States as the country grapples with severe winter. US benchmark West Texas Intermediate (WTI) for March delivery advanced...

Gold up after ECB decision, investors await US jobs data

2014-02-07 00:00:00

LONDON, Feb 6 (Reuters): Gold edged up on Thursday after a European Central Bank (ECB) meeting that left interest rates unchanged, and as investors awaited a series of US jobs data for cues over economic growth in the world's largest...

Thai consumer confidence falls again as crisis continues

2014-02-07 00:00:00

BANGKOK, Feb 6 (Reuters): Thailand's consumer confidence dropped for a 10th straight month in January, a survey showed on Thursday, as the prolonged political crisis is making Thais reluctant to spend, adding to the country's economic problems. The consumer confidence...

Drought forces California farmers to idle cropland

2014-02-07 00:00:00

LOS ANGELES, Feb 6 (Reuters): Drought-stricken California farmers facing drastic cutbacks in irrigation water are expected to idle some 500,000 acres (200,000 hectares) of cropland this year in a record production loss that could cause billions of dollars in economic...

exchange rate

2014-02-07 00:00:00

Global Commodity Prices

2014-02-07 00:00:00

Photo: MEXICO: Britain\\\'s Deputy Prime Minister Nick Clegg (left) shaking hands with Mexico\\\'s President Enrique Pena Nieto

2014-02-07 00:00:00

Photo: SANAA, Yemen: Yemeni protesters hold up banners against France\\\'s oil group Total

2014-02-07 00:00:00

Detailed DSE Trading

2014-02-07 00:00:00

Pre-polls agitation was not mass movement: Hasina

2014-02-07 00:00:00

Prime Minister (PM) Sheikh Hasina Thursday said that the movement unleashed by the BNP-Jamaat to foil the 10th parliamentary elections cannot be called a 'mass movement' since people had not responded to such militant and terrorist acts, reports UNB. "Despite...

3rd phase polls in 83 upazilas on Mar 15

2014-02-07 00:00:00

The third phase elections to 83 upazilas will be held on March 15, announced Election Commissioner Md Shah Nawaz Thursday, reports UNB. He came up with the schedule of the third phase upazila elections at the media centre of the...

\\\'Shibir, JCD behind RU vandalism\\\'

2014-02-07 00:00:00

RAJSHAHI, Feb 6 (BSS): Leaders and activists of Islami Chhatra Shibir and Jatiyatabadi Chhatra Dal (JCD) were allegedly behind the vandalism at Rajshahi University (RU) on Sunday last after the attack made on the demonstrators, according to the campus sources....

ACC case against BNP\\\'s Mosharraf

FE Report | 2014-02-07 00:00:00

The Anti-Corruption Commission (ACC) filed a case Thursday against BNP standing committee member Dr Khandoker Mosharraf Hossain for allegedly laundering Tk 95.39 million to the United Kingdom. ACC Deputy Director Nasim Anwar filed the case with Ramna Police Station in...

Govt to publish lists of martyred intellectuals by June, JS told

2014-02-07 00:00:00

The government will publish a list of martyred intellectuals by June 30 this year as process is on to collect the names of worthy citizens of the soil who were brutally killed by the local collaborators at the fag end...

JU BCL leader rusticated for assaulting teacher

JU Correspondent | 2014-02-07 00:00:00

The authorities of Jahangirnagar University (JU) have rusticated a Bangladesh Chhatra League (BCL) leader for assaulting a teacher on the campus. The student Mamun Khan is publicity secretary of JU unit BCL and a Master's student of the JU Urban...

Hartal observed in Rajshahi

Our Correspondent | 2014-02-07 00:00:00

RAJSHAHI, Feb 6: The day-long hartal called by Jamaat-e-Islami in protest against the verdict of death sentence against Jamaat Ameer Maulana Matiur Rahman Nizami in Ten Truck Arms Haul Case was observed amid sporadic incidents of violence in Rajshahi Thursday....

AL stages anti-hartal demos in capital city

2014-02-07 00:00:00

The ruling Awami League (AL) and its associate bodies staged demonstration in the city Thursday denouncing the countrywide dawn-to-dusk hartal (total shutdown) called by Jamaat, reports BSS. Leaders and workers of the AL and its associate bodies brought out anti-hartal...