FE REPORT | 2024-11-07 00:00:00
The state-run Padma Oil Company secured an almost 17 per cent year-on-year growth in profit to Tk 4.08 billion in FY24, driven by higher sales of petroleum products and increased non-operating income.The earnings per share (EPS) soared to Tk 41.59...
MOHAMMAD MUFAZZAL | 2024-11-07 00:00:00
Dhaka and Chittagong stock exchanges should display important financial information prominently on their websites to help investors make investment decisions.For example, price-to-earnings (P/E) ratio and dividend yields of stocks are two important indicators to consider before making equity investments. But...
FRANKFURT, Germany, Nov 06 (AFP): German lender Commerzbank raised its 2024 outlook Wednesday after better-than-expected quarterly results, as it seeks to fend off a potential takeover bid from Italy's UniCredit.It posted net profit from July to September of 642 million...
FRANKFURT, Nov 06 (AFP): German industrial orders rebounded more than expected in September, official data showed Wednesday, but analysts warned a Donald Trump victory in the United States could present a risk to the country's crucial exports.New orders, closely watched...
ISLAMABAD, Nov 06 (Arab News): Pakistan's foreign investment surged by 48 per cent in the first quarter of the current fiscal year, according to state-run media reports on Tuesday.Saudi Arabia and the UAE contributed a total of $26.8 million during...
WASHINGTON, Nov 06 (AFP): Donald Trump's victory in the 2024 US presidential election is likely to usher in a raft of economic changes at home and abroad, touching everything from foreign trade to the independence of the US central bank.He...
Italian luxury sports car maker Lamborghini posted on Wednesday nine-months revenue that was up by 20% to 2.43 billion euros ($2.60 billion), driven by a solid order backlog and high demand for all models, reports Reuters.The firm delivered 8,411 cars...
M. Khorshed Anowar, DMD and Head of Retail and SME Banking, Eastern Bank PLC. (EBL) inaugurated the 42nd sub-branch of the bank at Bantibazar of Araihazar upazila, Narayanganj on Tuesday. Opening of the sub-branch is a part of the bank's...
BRAC Bank signed a strategic partnership with Quality Feeds Limited to digitise their cash management process. This collaboration aims to enhance the collection & reconciliation experience for Quality Feeds Limited by leveraging BRAC Bank's extensive branch network and over-the-counter solution...
Exim Bank held an interactive meeting with the proprietors of Hajj agencies on Tuesday. Managing Director and CEO of the bank Mohammad Feroz Hossain presides over the meeting at the bank's Head Office. Independent Director of Exim Bank SM Rezaul...
Prime Bank PLC and Chaldal.com signed a partnership agreement at the bank's corporate office recently. Under this collaboration, Prime Bank credit and debit cardholders will receive exclusive discounts on purchases made through chaldal.com, both on their mobile app and website....
FE REPORT | 2024-11-07 00:00:00
The High Court has stayed the election schedule of the Bangladesh Association of International Recruiting Agencies (BAIRA), an association of manpower exporters. The bench of Justice Fahmida Quader and Justice Mubina Asaf passed the order on Tuesday (November 5) after...
FE REPORT | 2024-11-07 00:00:00
A has been sent to the Chairman of the Bangladesh Power Development Board (BPDB) has been served with a legal notice asking it to invite Adani (Jharkhand) Ltd. within three days to renegotiate the power purchase agreement (PPA).Supreme Court lawyer...
FE REPORT | 2024-11-07 00:00:00
The eighth Annual General Meeting (AGM) and Executive Committee Election of the Association of Television Channel Owners (ATCO) was held at a city hotel on Wednesday. No president, however, was elected as both the presidential candidates -- Chairman of NTV...
FE REPORT | 2024-11-07 00:00:00
Chief Adviser Prof Muhammad Yunus urged Brazil to work more closely with Bangladesh to enhance bilateral cooperation in various fields, including trade.The Chief Adviser made the call when Brazilian Ambassador to Bangladesh Paulo Feres called on him at his office...
SEATTLE, Nov 6 (Reuters): Boeing's US West Coast factory workers accepted a new contract offer on Monday, ending a bitter seven-week strike that halted most jet production and deepened a financial crisis at the troubled planemaker.The union said members voted...
Donald Trump's return to the White House will refocus the nation's energy policy onto maximizing oil and gas production and away from fighting climate change, but the Republican win in Tuesday's presidential elections is unlikely to dramatically slow the US...
SINGAPORE/LONDON, Nov 6 (Reuters): Commodities from oil and gas to metals and grains dropped on Wednesday as the dollar rallied and victory for Republican Donald Trump in the US presidential election stoked concerns about tariffs and economic growth.Trump recaptured the...
MOSCOW, Nov 06 (AFP): Russia said Wednesday it had captured two Ukrainian villages near the town of Kurakhove, in southeast Ukraine, where Moscow has quickly advanced since seizing the city of Vugledar last month.Moscow's forces took the villages of Maksymivka...
JERUSALEM, Nov 06 (BBC): Protests have erupted in Israel after Prime Minister Benjamin Netanyahu fired the country's Defence Minister Yoav Gallant.Netanyahu said a "crisis of trust" between the two leaders led to his decision, adding that his trust in Gallant...
SRINAGAR, Nov 06 (AP): Indian-controlled Kashmir 's regional legislature passed a resolution on Wednesday demanding the federal government restore the disputed region's semi-autonomy that was scrapped by Prime Minister Narendra Modi's administration in 2019.The assembly passed the nonbinding resolution by...
WASHINGTON, Nov 06 (AFP): Donald Trump's election victory puts a climate change denier back in the White House, poised to dismantle his predecessor's green policies and jeopardize global efforts to curb human-caused warming.During his campaign, the Republican revived his "drill,...
BEIRUT, Nov 06 (AFP/AP): An Israeli strike targeting a residential building in a town south of Beirut on Tuesday killed at least 20 people, Lebanon's health ministry said."The raid by the Israeli enemy on Barja left 20 dead,", the ministry...
HONG KONG, Nov 06 (AFP): World leaders raced to congratulate Donald Trump on Wednesday as he triumphed in a stunning US election victory over Kamala Harris.Here are the first reactions, with many being expressed even before his election win was...
As many as 13 Bangladeshi cricketers put their name for the mega auction of Indian Premier League (IPL), scheduled to be held in Jeddah, Saudi Arab on November 24 and 25, reports BSS.A total of 1,574 players registered for this...
Mohammad Salahuddin has been appointed as the senior assistant coach of the national men's cricket team with his contract set to run until March 15, 2025, reports Cricbuzz.BCB president Faruque Ahmed said that Salahuddin's inclusion in the national set-up will...
The revival of Afro-Asia Cup - a series of white-ball matches between Asia XI and Africa XI - is on the cards, the Africa Cricket Association (ACA) confirmed.There have been only two editions of the tournament, held in 2005 and...
MELBOURNE, Nov 06 (Reuters): Josh Inglis will stand in as captain for Pat Cummins and Mitchell Marsh in Australia's third one-day international against Pakistan and the following T20 series.Selectors promoted wicketkeeper-batsman Inglis ahead of senior players including Glenn Maxwell, Adam...
RIYADH, Saudi Arabia, Nov 06 (AP): Aryna Sabalenka clinched the year-end No. 1 spot in the women's rankings for the first time when Iga Swiatek lost at the WTA Finals on Tuesday.Sabalenka, a 26-year-old from Belarus, was assured of finishing...
Tamim Hossain of Bangladesh, Krira Shikkha Protishtan (BKSP), clinched the gold medal in the National School Athletics Championship of Taiwan on Wednesday, reports UNB.Tamim won the gold medal in the triple jump of the meet, jumping 14.77 meters.Leading athletes from...
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