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US biggest banks post 13pc drop in revenue

2011-04-27 00:00:00

NEW YORK, April 26 (Bloomberg): The biggest percentage drop in quarterly revenue in three years, driven by lower lending and reduced fees, is damping investor appetite for shares of the six largest US banks. Net revenue at the six lenders...

Sony takes on Apple in tablet war

2011-04-27 00:00:00

TOKYO, April 26 (BBC): The Japanese electronics maker Sony has announced its first foray into the popular tablet PC market, unveiling two new devices. The gadgets will use Google's Android operating system, according to the company's deputy president Kunimasa Suzuki....

Rising prices to push 64m Asians into extreme poverty: ADB

2011-04-27 00:00:00

MANILA, April 26 (Agencies): Soaring global food prices threaten to push tens of millions of Asians into extreme poverty and cut the region's economic growth this year, the Asian Development Bank(ADB) warned in a report Tuesday. The ADB in its...

China, US hope to solve yuan issues

2011-04-27 00:00:00

BEIJING, April 26 (BBC): China and the US will hold economic talks next month as the two countries work towards reaching a common ground on currency policy. The US has accused of China on keeping the value of its currency,...

Ford earns $2.6b in 1Q

2011-04-27 00:00:00

DEARBORN, Mich, April 26 (AP): Ford Motor Co says it earned $2.6 billion in the first quarter, helped by new vehicles like the Ford Explorer. It was Ford's best first-quarter performance since 1998. The company earned 61 cents per share,...

Indonesian cos urged to enter ME, African markets

2011-04-27 00:00:00

JAKARTA, April 26 (Xinhua): Indonesia's trade ministry continues to encourage the country's companies to expand their export markets in the Middle East and Africa despite the political turmoil in the two regions, the Jakarta Post reported Tuesday. "The political situation...

Asian Tiger Capital Partners market update on DSE

2011-04-27 00:00:00

The rate of decline of the Benchmark General Index DGEN declined on the third trading day of the week although the bearish trend continued as the market lost 0.98%. News of BD Fund registration taking place this Thursday probably led...

UBS net profit down 18pc

2011-04-27 00:00:00

ZURICH, April 26 (AFP): Swiss banking giant UBS said Tuesday that its net profit fell 18 per cent to 1.8 billion francs (1.4 billion euros, $2.0 billion) in the first quarter, hurt by a tax charge and higher personnel costs....

UAE's switch to digital may spark TV boom

2011-04-27 00:00:00

ABU DHABI, April 26 (Arabian Business.com): The UAE will switch to fixed digital television by 2013 offering new opportunities to operators and broadcasters and diversifying TV content, the country's telecoms regulator said Tuesday. The move from analog broadcasting will smooth...

Roadside bombs kill 3 NATO troops in Afghanistan

2011-04-27 00:00:00

KABUL, Apr 24: Roadside bombs killed three NATO service members and a gunman shot dead a prominent local official in southern Afghanistan, where thousands of Afghan and international troops are bracing for an expected spring resurgence of Taliban attacks, officials...

N Korea threatens to destroy US

2011-04-27 00:00:00

SEOUL, Apr 24 : North Korea has again threatened to destroy the United States and South Korea. The communist North issued its latest war rhetoric on the eve of its army's anniversary. The official Korean Central News Agency says that...

Spanish photographer calls parents from Libya jail

2011-04-27 00:00:00

MADRID, Apr 24: The parents of a Spanish photojournalist who was captured by forces loyal to Libyan leader Moammar Gadhafi say they received a phone call from him in which he said he was well but in a Tripoli jail....

Five women murdered in Mexico beach resort

2011-04-27 00:00:00

MEXICO CITY, Apr 24: Five women, all apparently connected to a beauty parlor, were found brutally murdered in the Mexican beach resort of Acapulco on Saturday morning, state police said. The semi-naked and bound bodies of two women and a...

Housewife's body found hanging

2011-04-27 00:00:00

Police recovered body of a housewife named Ferdousi Begum (20), from her house at Gokornaghat of the Brahmanbaria town Saturday. Ferdousi was wife of Shahin Mia of Gokornaghat. Her body was hanging from the ceiling of the room. Sadar Thana...

Body recovered in Sirajganj

2011-04-27 00:00:00

Police recovered body of a young man, aged about (24) from Bakua area on Bogra-Nagarbari highway in Ullapara Upazila of Sirajganj Saturday morning. Identity of the deceased could not be known immediately. Police suspected that miscreants following a previous enmity...

Smuggled drugs destroyed in Benapole

2011-04-27 00:00:00

The Border Guard Bangladesh (BGB) destroyed smuggled drugs worth about Tk 90 million at the BGB office in Jessore Saturday.The destroyed drugs include 15,690 bottles of phensidyl, 2400 bottles of foreign liquor, 65.5 litres of stolen liquor, 4.5kg of hemp...

Tk 3.5b RCC uplift programmes

2011-04-27 00:00:00

RAJSHAHI, Apr 26 (BSS): The Rajshahi City Corporation (RCC) has been implementing Tk 3.50 billion projects for development of the metropolis and other projects of Tk 3.20 billion in the pipeline. RCC Mayor AHM Khairuzzaman Liton revealed this while addressing...

Wheat yield bright in Rangpur

2011-04-27 00:00:00

RANGPUR Apr 26 (UNB) : A bumper production of wheat is expected in eight districts of Rangpur region in the current season due to favourable climatic condition. Most of the plants are already matured and the farmers have started harvesting...

PBCP man killed in gunfight

2011-04-27 00:00:00

Our CorrespondentPABNA, Apr 26: An extremist of outlawed Purba Banglar Communist Party (PBCP-ML-Red Flag) was killed in gunfight with police at Shimulchara village under Ataikula police station of Pabna Sadar Upazila early Tuesday. The deceased was identified as Tikka (35),...

Motor-run trawlers being built flouting govt rules at Sarail

2011-04-27 00:00:00

Our Correspondent BRAHMANBARIA, Apr 26: Motor-run trawlers and engine boats are being made illegally at Aurail, a remote area on the bank of the river Titas, under the district's Sarail Upazila. The illegal business goes on evading taxes and violating...

Land broker shot dead in Tongi

2011-04-27 00:00:00

GAZIPUR, Apr 26 (UNB) :A land broker was gunned down and his driver received bullet- injury in an attack by some miscreants at Link Road of Tongi here Tuesday morning. The deceased was Hazrat Ali (50), a resident of Dauttapara...

Construction of bridge begins in Gaibandha

2011-04-27 00:00:00

GAIBANDHA, Apr 26 (BSS): Much awaited construction work of 90-meter bridge over Naleya River at Sharbesherghat under Nakaihat Union of Gobindaganj Upazila in the district began Monday. Local Government Engineering Department (LGED) is implementing the work at a cost of...

LGED implements Tk 1.32b projects in Natore

2011-04-27 00:00:00

NATORE, Apr 26 (BSS): Local Government Engineering Department (LGED) is implementing Tk 1.32 billion projects for constructing a number of bridges and roads in the districts. LGED sources said under the schemes 287 kilometers road and 952 meters bridge will...

Factories, warehouse, oil mill gutted

2011-04-27 00:00:00

SHARIATPUR, Apr 26, (UNB):A devastating fire gutted two factories, an oil mill, a warehouse and a shop at Ganganagar bazar in Sadar Upazila early Tuesday. Locals said, the fire originated from electric short circuit in a plastic factory in the...

27 BGB men sentenced

2011-04-27 00:00:00

A paramilitary court in Khulna Tuesday awarded rigorous imprisonments ranging from four months to seven years to 27 rebel soldiers of Bangladesh Rifles (BDR), now renamed as Border Guard Bangladesh (BGB), on mutiny charges. The Special Court-12 of BGB headed...

10 held in Benapole border

2011-04-27 00:00:00

Members of Border Guard Bangladesh (BGB) held 10 people, including women and children, on charge of illegally coming to the country through Sadipur border in Benapol Tuesday. The arrested were identified as Gouranga Sarkar (23), Anita sarkar (17), Sanjay Kumar...

Indian liquor seized

2011-04-27 00:00:00

Border Guard Bangladesh(BGB) members seized 283 bottles of Indian liquor worth Tk 4.50 lakh at Bangaon in Sunamganj district along the border Monday.Acting on secret information, a BGB team of Bangaon BOP launched drive in the area and seized the...

6 jailed, fined by mobile court

2011-04-27 00:00:00

Six people were awarded different jail terms and fined by a mobile court on various charges in Nabinagar Upazila of Brahmanbaria Sunday and Monday.Acting on a tip-off, a team of Nabinagar thana police led by Sub-Inspector Mir Mahbubur Rahman conducted...

One killed over land dispute

2011-04-27 00:00:00

A man was stabbed to death by his rivals over a land dispute at Patikhali village in Nazirpur Upazila of Pirojpur Monday .The deceased was identified as Jashim Khan.Police said Jashim had a longstanding dispute with Delwar of the village...

126 arrested in Rangpur

2011-04-27 00:00:00

Police in separate raids arrested the126 people, including suspected criminals, and seized contraband goods during last 48 hours till Tuesday noon, police sources said.The arrested included drug addicts, muggers, terrorists, absconding warrantees and accused persons in different cases, gamblers, drug...