FE Today Logo

Search results for:


Russia's LUKoil starts fuel oil trading in Middle East

2011-05-22 00:00:00

MOSCOW, May 21 (Commodity Online): Russia's LUKoil has started trading fuel oil in the Middle East by purchasing its first ever Saudi fuel oil cargo, traders said. LUKoil is starting fuel oil trading in the Middle East, and the Saudi...

JKH annual net profit up 59pc

2011-05-22 00:00:00

COLOMBO, May 21 (LBO): Sri Lanka's John Keells Holdings said net profit in the year to March 31, 2011 shot up 59 per cent to 8.2 billion rupees from a year ago despite a fall in earnings in the final...

News Watch

2011-05-22 00:00:00

Six killed as tornado lashes five dists At least six people were killed as tornado lashed Mymensingh, Sherpur, Chuadanga, Joypurhat and Natore districts Saturday. In Natore, a minor fell in a canal and drowned as he was blown away by...

weather

2011-05-22 00:00:00

Rain or thundershowers accompanied by temporary gusty or squally wind is likely at a few places over all the seven divisions in next 24 hours till 6.0 pm today (Saturday). Moderately heavy falls at places are also likely, Met office...

Russian grain traders prepare to make exports after harvest

2011-05-22 00:00:00

MOSCOW, May 21 (Bloomberg): Grain traders in Russia, which barred cereal exports last year, are preparing to make foreign deliveries on prospects for an improved harvest this year, agricultural researcher SovEcon said. Traders intensified buying of wheat, mostly the fourth-...

Shanghai planning gold exchange-traded funds to tap rising demand in China

2011-05-22 00:00:00

SHANGHAI, May 21 (Bloomberg): The Shanghai Gold Exchange is planning to start exchange-traded funds, tapping rising demand in China, the world's biggest investment market for the precious metal. "There are some complexities, as the central bank is in charge of...

IMF approves $37b loan for Portugal

2011-05-22 00:00:00

WASHINGTON, May 21 (Reuters): The International Monetary Fund on Friday approved a $37 billion (26 billion euro) loan for Portugal to help the country recover from a debilitating sovereign debt crisis, saying it would immediately disburse 6.1 billion euros to...

India's palm oil import may fall

2011-05-22 00:00:00

NEW DELHI, May 21 (Bloomberg): India, the world's biggest user of cooking oil after China, will assure higher oilseeds prices for farmers, helping them boost output of soyabeans and peanuts and potentially reducing imports of palm oil. The government may...

Oil prices chop higher on mixed signals

2011-05-22 00:00:00

NEW YORK, May 21 (AFP): Oil prices rose Friday amid erratic trade in New York as traders focused on disappointing economic data and signs of firming demand. The main West Texas Intermediate (WTI) contract, light sweet crude for July, closed...

Russia's LUKoil starts fuel oil trading in Middle East

2011-05-22 00:00:00

MOSCOW, May 21 (Commodity Online): Russia's LUKoil has started trading fuel oil in the Middle East by purchasing its first ever Saudi fuel oil cargo, traders said. LUKoil is starting fuel oil trading in the Middle East, and the Saudi...

JKH annual net profit up 59pc

2011-05-22 00:00:00

COLOMBO, May 21 (LBO): Sri Lanka's John Keells Holdings said net profit in the year to March 31, 2011 shot up 59 per cent to 8.2 billion rupees from a year ago despite a fall in earnings in the final...

News Watch

2011-05-22 00:00:00

Six killed as tornado lashes five dists At least six people were killed as tornado lashed Mymensingh, Sherpur, Chuadanga, Joypurhat and Natore districts Saturday. In Natore, a minor fell in a canal and drowned as he was blown away by...

weather

2011-05-22 00:00:00

Rain or thundershowers accompanied by temporary gusty or squally wind is likely at a few places over all the seven divisions in next 24 hours till 6.0 pm today (Saturday). Moderately heavy falls at places are also likely, Met office...

Initiating dist-level budget demanded

2011-05-22 00:00:00

FE ReportMembers of the civil society organisations Saturday demanded initiation of district-level budget to make it effective for people of all levels. Mentioning the present budget as a colonial top down process, they said there is no alternative to district...

Jordan king favours alternative energy

2011-05-22 00:00:00

AMMAN, May 21 (Xinhua): King Abdullah II of Jordan said Saturday alternative energy is a promising sector in the Arab kingdom, noting that latest explorations indicated that Jordan is number 11 in world uranium reserves, the state-run Petra news agency...

Four PSI agencies to be reappointed today

2011-05-22 00:00:00

Existing four pre-shipment inspection (PSI) agencies will be re-appointed for the next 16 months today (Sunday), reports UNB. The re-appointment procedure would be accomplished by the Cabinet committee on purchase with Finance Minister AMA Muhith in the chair at the...

Wall Street hears drumbeat of disappointing data

2011-05-22 00:00:00

NEW YORK, May 21 (AFP): US equities markets face an array of data next week on the state of the fragile economic recovery, which recent indicators show is hitting some fairly rough patches. The market continues to trade in a...

Swiss Richemont plans new staffing

2011-05-22 00:00:00

ZURICH, May 21 (AFP): Swiss luxury products group Richemont, which reported a 79 per cent rise in profits last week, plans to hire 2,000 more people to meet soaring demand, an executive said in an interview published Saturday. Co-director Richard...

Tata Steel to cut 1,500 jobs in Britain

2011-05-22 00:00:00

LONDON, May 21 (AFP): Indian steelmaker Tata Steel is to axe up to 1,500 jobs at two sites in northeastern England, the company announced Friday as it blamed weak demand for its products. Tata said it would close or mothball...

JKH annual net profit up 59pc

2011-05-22 00:00:00

COLOMBO, May 21 (LBO): Sri Lanka's John Keells Holdings said net profit in the year to March 31, 2011 shot up 59 per cent to 8.2 billion rupees from a year ago despite a fall in earnings in the final...

News Watch

2011-05-22 00:00:00

Six killed as tornado lashes five dists At least six people were killed as tornado lashed Mymensingh, Sherpur, Chuadanga, Joypurhat and Natore districts Saturday. In Natore, a minor fell in a canal and drowned as he was blown away by...

weather

2011-05-22 00:00:00

Rain or thundershowers accompanied by temporary gusty or squally wind is likely at a few places over all the seven divisions in next 24 hours till 6.0 pm today (Saturday). Moderately heavy falls at places are also likely, Met office...

Teachers and their teaching methods

2011-05-22 00:00:00

Prof. K M Wazed KabirWe all teach and learn throughout our lives. Some of the most important and distinguished humans in history have been teachers. In this write-up let us discuss about professional teachers. The teacher's job is quite different...

Both public and private universities should have the same standard

2011-05-22 00:00:00

Salahuddin Ahmed"No, I do not believe that even Dhaka university now offers good education"- this is a comment made by one of the highest GPA holders who is now studying at a private university in Bangladesh. This is certainly true...

Four PSI agencies to be reappointed today

2011-05-22 00:00:00

Existing four pre-shipment inspection (PSI) agencies will be re-appointed for the next 16 months today (Sunday), reports UNB. The re-appointment procedure would be accomplished by the Cabinet committee on purchase with Finance Minister AMA Muhith in the chair at the...

Wall Street hears drumbeat of disappointing data

2011-05-22 00:00:00

NEW YORK, May 21 (AFP): US equities markets face an array of data next week on the state of the fragile economic recovery, which recent indicators show is hitting some fairly rough patches. The market continues to trade in a...

Swiss Richemont plans new staffing

2011-05-22 00:00:00

ZURICH, May 21 (AFP): Swiss luxury products group Richemont, which reported a 79 per cent rise in profits last week, plans to hire 2,000 more people to meet soaring demand, an executive said in an interview published Saturday. Co-director Richard...

Tata Steel to cut 1,500 jobs in Britain

2011-05-22 00:00:00

LONDON, May 21 (AFP): Indian steelmaker Tata Steel is to axe up to 1,500 jobs at two sites in northeastern England, the company announced Friday as it blamed weak demand for its products. Tata said it would close or mothball...

JKH annual net profit up 59pc

2011-05-22 00:00:00

COLOMBO, May 21 (LBO): Sri Lanka's John Keells Holdings said net profit in the year to March 31, 2011 shot up 59 per cent to 8.2 billion rupees from a year ago despite a fall in earnings in the final...

News Watch

2011-05-22 00:00:00

Six killed as tornado lashes five dists At least six people were killed as tornado lashed Mymensingh, Sherpur, Chuadanga, Joypurhat and Natore districts Saturday. In Natore, a minor fell in a canal and drowned as he was blown away by...