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Iran to avenge Hamas chief’s killing

2024-08-01 00:00:00

TEHRAN, July 31 (Reuters/BBC/AP): Hamas leader Ismail Haniyeh was assassinated in the early hours of the morning in Iran, the Palestinian militant group said on Wednesday, drawing fears of wider escalation in a region shaken by Israel's war in Gaza...

Canada fail in bid to overturn six-point deduction in Olympics football

2024-08-01 00:00:00

PARIS, July 31 (AFP): Canada's six-point deduction over a spying scandal at the women's Olympic football has been upheld after an appeal to the Court of Arbitration for Sport failed on Wednesday.The Swiss-based body was asked to review the punishment...

Mushtaq Ahmed to be available for Tigers in Pakistan series

2024-08-01 00:00:00

Bangladesh Cricket Board (BCB) has confirmed that former Pakistani leg-spinner Mushtaq Ahmed will be available as the spin bowling coach for Bangladesh's upcoming series against Pakistan, reports UNB.Mushtaq, who signed a short-term contract with BCB in April, had impressed the...

British women's rowing team dash Dutch gold hope

2024-08-01 00:00:00

PARIS, July 31 (Reuters): Having seen their men win gold a few minutes earlier, the Netherlands' female quadruple scullers looked all set to make it double Dutch on Wednesday, only for Britain to snatch gold from their grasp on the...

Bijoy, Hridoy to lead Young Tigers in Pakistan

2024-08-01 00:00:00

Anamul Haque Bijoy will lead the Bangladesh A side in the two-match four-day series against Pakistan A team while Tawhid Hridoy has been named as Bangladesh A team captain for the one-day series, reports UNB. The 2nd string Bangladesh side...

How much is a Paris Olympic gold medal worth?

2024-08-01 00:00:00

The object weighs 529 grams, but only six grams are gold - around 1.3 per cent of the total medal's total weight - while the rest is pure silver. The gold part consists only of a plate laid over the...

Beaugrand storms home to take gold for France

2024-08-01 00:00:00

PARIS, July 31 (Reuters): France's Cassandre Beaugrand, inspired by thousands of home fans lining the streets of Paris, delivered a textbook run to claim an emotional win in the women's triathlon on Wednesday and earn France a first individual Olympic...

Sumaiya, a new mother, was shot dead while standing on balcony

2024-08-01 00:00:00

NARAYANGANJ, July 31 (bdnews24.com): Two and a half months ago, Sumaiya Akhter gave birth to a baby daughter. The stitches on her stomach from the C-section had not yet healed when she was shot to death on Jul 21 amid...

Bay waves uprooting jhau trees on Cox's Bazar shore

OUR CORRESPONDENT | 2024-08-01 00:00:00

COX'S BAZAR, July 31: A few thousand jhau (tamarisk- scientific name Casuarina equisetifolia) trees along the Cox's Bazar sea coastline are disappearing into the Bay water getting splashed by strong tidal waves.The destruction is prominently wrought by coastal erosion under...

Indian sugar output could fall 2pc on smaller area

2024-08-01 00:00:00

MUMBAI, July 31 (Reuters): India's sugar production could fall 2 per cent from a year ago to 33.3 million metric tons in the 2024/25 marketing year, a leading trade body said on Tuesday, citing reduced planting areas in some states...

Palm oil slides on strong ringgit, posts second monthly fall

2024-08-01 00:00:00

JAKARTA, July 31 (Reuters): Malaysian palm oil futures fell and posted a second straight monthly drop on Wednesday despite strong July export as a stronger ringgit weighed down the price.The benchmark palm oil contract for October delivery on the Bursa...

P&G posts sales drop as demand slows

2024-08-01 00:00:00

Procter & Gamble posted a surprise drop in fourth-quarter sales, as the company's efforts to reel in years of steep price hikes failed to win over price-conscious consumers who snubbed the company's pricier Charmin toilet paper and Pampers diapers, reports...

Sonali Bank Board holds meeting with SMT

2024-08-01 00:00:00

The 13th review meeting between the Board of Directors and Senior Management Team (SMT) of Sonali Bank PLC was held at the bank's head office conference room on Wednesday. Chairman of Board of Directors Ziaul Hasan Siddiqui presided over the...

BIFFL hosts 13th AGM

2024-08-01 00:00:00

The Bangladesh Infra-structure Finance Fund Limited (BIFFL) hosted its 13th Annual General Meeting (AGM) virtually on Monday, says a press release. In the meeting, the shareholders approved the Audited Financial Statements for the year ended 31 December 2023 and approved...

CrowdStrike outage to cost Delta Air Lines $500m: CEO

2024-08-01 00:00:00

Delta Air Lines CEO Ed Bastian said the carrier would take a $500 million hit related to the CrowdStrike outage, CNBC reported on Wednesday.The airline has been the slowest among major US carriers to recover following the tech failure that...

Toyota global output skids in June

2024-08-01 00:00:00

TOKYO, July 31 (Reuters): Toyota's global production tumbled in June, down for a fifth straight month with the automaker hit hard by a certification scandal in its home market and a fierce price war in China.Output worldwide for Japan's biggest...

Citizens Bank Organises Foundation Training Course

2024-08-01 00:00:00

Citizens Bank organised a Foundation Training Course for officers of the bank. A total number of 30 officers from different branches & divisions participated in the training held at its head office recently. Mohammad Masoom, Managing Director & CEO of...

AUW hosts summer school closing ceremony

2024-08-01 00:00:00

Asian University for Women (AUW) celebrated the successful conclusion of its 2024 Summer School program with a closing ceremony held on the AUW campus in Chattogram on Tuesday, says a press release. The event was attended by distinguished guests, students,...

AGM of Delta Life Insurance Company held

2024-08-01 00:00:00

The 37th annual general meeting (AGM) of Delta Life Insurance Company Ltd was held virtually on Wednesday. Chairman of the Board of Directors Hafiz Ahmed Mazumder presided over the meeting. Shareholders of the company approved the audited accounts for the...

IFIC Bank workshop on 'Fake Note Detection'

2024-08-01 00:00:00

IFIC Bank PLC, the largest banking network in the country with more than 1,400 branches and sub-branches, organised a daylong workshop on 'Fake Note Detection and Prevention of its Circulation'. The workshop was held recently at a local auditorium in...

Feroz Alam new chairman of Mercantile Bank Securities

2024-08-01 00:00:00

Sponsor Director of Mercantile Bank PLC A. S. M. Feroz Alam was elected the chairman of Mercantile Bank securities Limited at the 70th meeting of the Board of Directors of the company held on Tuesday, says a press release. Feroz...

Shabbir Ahmed made AMD of Al-Arafah Islami Bank

2024-08-01 00:00:00

Al-Arafah Islami Bank (AIB) PLC has appointed eminent banker Shabbir Ahmed as Additional Managing Director (AMD). He has been serving as the Deputy Managing Director (DMD) of the bank since April 08, 2019. Prior to joining AIB PLC, he was...

Cabinet body approves procurement of fertiliser, acid, electric poles

FE REPORT | 2024-08-01 00:00:00

The Cabinet Committee on Government Purchase (CCGP) on Wednesday approved procurement of 100,000 tonnes of fertiliser, 10,000 tonnes of phosphoric acid, and 73,000 pieces of SPC poles.Presided over by Finance Minister Abul Hassan Mahmood Ali, a meeting of the committee...

Summit's LNG terminal may take 10 more days to resume gas supply: Nasrul Hamid

2024-08-01 00:00:00

Summit Group's LNG terminal needs 10 more days to resume operation to supply imported LNG to the national gas grid, reports UNB.State Minister for Power, Energy and Mineral Resources Nasrul Hamid said this on the sidelines of a contract signing...

BD eyes free trade deals with Morocco, Algeria

FE REPORT | 2024-08-01 00:00:00

The government has completed separate feasibility studies on Morocco and Algeria intending to sign Free Trade Agreements (FTAs) with the North African countries, sources said.To this end, the Bangladesh Trade and Tariff Commission (BTTC) has recently submitted the reports to...

Major Gulf markets ease amid tensions after killing of Hamas leader

2024-08-01 00:00:00

Major stock markets in the Gulf eased in early trade on Wednesday, as the killing of Hamas leader Ismail Haniyeh in Iran fuelled tensions in the region, reports Reuters.Haniyeh was assassinated in the early hours of the morning in Iran,...

Foreign banks' purchases of Indian bonds hit record high in 2024

2024-08-01 00:00:00

MUMBAI, July 31 (Reuters): Foreign banks have bought more than $16 billion worth of Indian bonds so far this year, taking only seven months to top the record purchases over the whole of last year, official data showed.The pick-up in...

Prime Bank's profit jumps 49pc in January-June

FE DESK | 2024-08-01 00:00:00

Prime Bank PLC reported a 49 per cent increase in net profit after tax (NPAT) for the first half of 2024, according to the bank's unaudited financial statements approved by the board on Tuesday.Standalone NPAT reached Tk 329 crore, up...

MTB named 'Best Digital Bank in Bangladesh'

FE DESK | 2024-08-01 00:00:00

Mutual Trust Bank PLC (MTB) has been named the 'Best Digital Bank in Bangladesh' for 2024 by Euromoney, according to a press release. "We are honoured by this recognition from Euromoney," said Syed Mahbubur Rahman, managing director and chief executive...

BRAC Bank's profit up 77pc in H1

FE DESK | 2024-08-01 00:00:00

BRAC Bank's net profit after tax (NPAT) soared 77 per cent year-over-year to Tk 591 crore in the first six months of 2024, according to a press release saying the performance was driven by robust deposit and revenue growth.On a...