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Employers in US added more jobs even as fuel costs climbed

2011-05-08 00:00:00

WASHINGTON, May 7 (Bloomberg): American employers added more jobs than forecast in April and previous monthly gains this year were revised up, easing concern the economy is cooling. Payrolls expanded by 244,000 last month, the biggest gain since May 2010,...

Week's commodities plunge batters US markets

2011-05-08 00:00:00

WASHINGTON, May 7 (AFP): Strong job creation numbers Friday could not overcome the impact on US markets of a plunge in overinflated commodities prices this week. The period began and ended on strong notes-stocks jumped upon opening Monday on the...

weather

2011-05-08 00:00:00

Rain or thundershowers accompanied by temporary gusty or squally wind is likely to occur at a few places over Khulna, Barisal and Chittagong divisions and at one or two places over Rajshahi, Rangpur, Dhaka and Sylhet divisions in next 24...

Murder incidents rising in Bangladesh

2011-05-08 00:00:00

FE ReportBangladesh has witnessed an 11 per cent increase in murder incidents in April 2011 compared to the number recorded in the previous month, Democracywatch said. The non-government human rights watchdog in a statement issued Thursday said a total of...

India develops new rice varieties

2011-05-07 00:00:00

DELHI, May 6: India based Central Rice Research Institute (CRRI), famous for developing 82 new rice varieties during its 64 years of existence has announced that it has successfully developed two new high-yielding varieties of rice that are awaiting the...

Deutsche Telekom announces sharp drop in Q1 profits

2011-05-07 00:00:00

BERLIN, May 6 : German telecommunications giant Deutsche Telekom Friday announced a sharp drop in first-quarter net profits, mainly because of poor showings by its T-Mobile USA subsidiary, which it is selling. Net profits were down 37.4 per cent on...

weather

2011-05-07 00:00:00

Rain or thundershowers accompanied by temporary gusty or squally wind is likely at a few places over Dhaka, Chittagong, Khulna and Barisal divisions and at one or two places over Rajshahi, Rangpur and Sylhet divisions in next 24 hours till...

Murder incidents rising in Bangladesh

2011-05-07 00:00:00

FE ReportBangladesh has witnessed an 11 per cent increase in murder incidents in April 2011 compared to the number recorded in the previous month, Democracywatch said. The non-government human rights watchdog in a statement issued Thursday said a total of...

weather

2011-05-07 00:00:00

Rain or thundershowers accompanied by temporary gusty or squally wind is likely at a few places over Dhaka, Barisal and Chittagong divisions and at one or two places over Khulna, Rajshahi, Rangpur and Sylhet divisions in next 24 hours till...

Oil prices rebound in Asia after heavy sell-off

2011-05-07 00:00:00

SINGAPORE, May 6 (Business Standard): Oil prices rebounded in Asia today as traders snapped up bargains a day after New York's main contract suffered its biggest fall in more than two years. New York's main contract, West Texas Intermediate (WTI)...

World per capita fibre consumption up at 10.4 kg

2011-05-07 00:00:00

WASHINGTON, May 6 (Commodity Online): World fibre consumption has been steadily going up with per capita use moving up from 3.7 kilogram in 1950 to 10.4 kilogram in 2008, according to World Apparel Fibre Consumption Survey 2005-08. The economic recession...

EU bids to strip away trade incentives from China, India

2011-05-07 00:00:00

BRUSSELS, May 6 (AFP): European Union (EU) trade chiefs are planning to strip away special export advantages granted to China, India, Indonesia and scores of other fast-growing economies, an EU source said Thursday. In total, more than 80 emerging economic...

Russia to hike price for natural gas exports****

2011-05-07 00:00:00

MOSCOW, May 6 (AFP): Russia intends to raise extraction taxes and customs duties on natural gas, Finance Minister Alexei Kudrin said Thursday in a move that could drastically impact the price paid on energy by Ukraine. Kudrin told a government...

Corn, wheat, soybeans drop in Chicago

2011-05-07 00:00:00

LONDON, May 6 (Bloomberg): Corn, wheat and soybeans fell in Chicago as investors sold commodities on speculation higher prices and weaker economic growth will curb demand for raw materials, including those used to make food. Corn surged 88 per cent...

Jewellers, investors chase bullion higher

2011-05-07 00:00:00

SINGAPORE, May 6 (Business Times): Jewellers and investors in Asia hunted for bargains Friday after bullion dropped overnight in line with a brutal correction in silver prices, helping gold regain strength and pushing premiums higher. Top buyer India was in...

Coca-Cola aims to double system revenue by 2020*****

2011-05-07 00:00:00

ATLANTA, May 6 (Xinhua): The Coca-Cola Company aims to double the system revenue generated by the company and its bottlers from 2010 to 2020, and this ambitious target is achievable, Muhtar Kent, chairman and CEO of the beverage giant, said...

Export of both manufactured goods, commodities exceeds targets in July-Feb of FY11

2011-05-07 00:00:00

Buoyed by the robust RMG and jute sectors, export of manufactured goods maintained their edge over primary commodities in the first eight months (July-February) of the current fiscal, reports UNB. Overall export earning during the period reached $14 billion, a...

Deutsche Telekom announces sharp drop in Q1 profits

2011-05-07 00:00:00

BERLIN, May 6 : German telecommunications giant Deutsche Telekom Friday announced a sharp drop in first-quarter net profits, mainly because of poor showings by its T-Mobile USA subsidiary, which it is selling. Net profits were down 37.4 per cent on...

weather

2011-05-07 00:00:00

Rain or thundershowers accompanied by temporary gusty or squally wind is likely at a few places over Dhaka, Chittagong, Khulna and Barisal divisions and at one or two places over Rajshahi, Rangpur and Sylhet divisions in next 24 hours till...

Murder incidents rising in Bangladesh

2011-05-07 00:00:00

FE ReportBangladesh has witnessed an 11 per cent increase in murder incidents in April 2011 compared to the number recorded in the previous month, Democracywatch said. The non-government human rights watchdog in a statement issued Thursday said a total of...

weather

2011-05-07 00:00:00

Rain or thundershowers accompanied by temporary gusty or squally wind is likely at a few places over Dhaka, Barisal and Chittagong divisions and at one or two places over Khulna, Rajshahi, Rangpur and Sylhet divisions in next 24 hours till...

BNP for strengthening Khaleda's security

2011-05-07 00:00:00

Opposition Chief Whip Zainul Abedin Farroque Friday urged the government to strengthen the security of opposition leader and BNP chairperson Begum Khaleda Zia, reports UNB. "The security of Begum Zia is more vulnerable than in the past due to increasing...

Fresh feasibility study planned

2011-05-07 00:00:00

Munima SultanaAll efforts of the government to implement US$ 3.0 billion second Dhaka-Chittagong highway project went in vain due to failure in attracting investors which led to the start of a fresh feasibility study. Communications Minister Syed Abul Hossain has...

Tk 500m automation plan for BPO to provide quick services from July

2011-05-07 00:00:00

FE Report The government has finalised a Tk 500-million automation plan for Bangladesh Post Office (BPO), aiming to provide quick services to the people, a BPO high official said. "Necessary formalities regarding the proposed automation have almost been completed under...

BNP-Jama'at masterminding against war crimes trial: Nasim

2011-05-07 00:00:00

Awami League (AL) central leader and former Home Minister Mohammad Nasim Friday said the real face of BNP Chairperson Begum Khaleda Zia has been exposed through her stance against the war crimes tribunal, reports BSS. The BNP-Jama'at alliance is hatching...

Govt should give subsidy to fuel, says Fakhrul

2011-05-07 00:00:00

BNP Acting Secretary General Mirza Fakhrul Islam Alamgir Friday said the government should give subsidy to fuel instead of raising prices as it will further aggravate people's sufferings, reports UNB. The BNP acting secretary general made the remarks as reporters...

Jewellers, investors chase bullion higher

2011-05-07 00:00:00

SINGAPORE, May 6 (Business Times): Jewellers and investors in Asia hunted for bargains Friday after bullion dropped overnight in line with a brutal correction in silver prices, helping gold regain strength and pushing premiums higher. Top buyer India was in...

Coca-Cola aims to double system revenue by 2020*****

2011-05-07 00:00:00

ATLANTA, May 6 (Xinhua): The Coca-Cola Company aims to double the system revenue generated by the company and its bottlers from 2010 to 2020, and this ambitious target is achievable, Muhtar Kent, chairman and CEO of the beverage giant, said...

Export of both manufactured goods, commodities exceeds targets in July-Feb of FY11

2011-05-07 00:00:00

Buoyed by the robust RMG and jute sectors, export of manufactured goods maintained their edge over primary commodities in the first eight months (July-February) of the current fiscal, reports UNB. Overall export earning during the period reached $14 billion, a...

Deutsche Telekom announces sharp drop in Q1 profits

2011-05-07 00:00:00

BERLIN, May 6 : German telecommunications giant Deutsche Telekom Friday announced a sharp drop in first-quarter net profits, mainly because of poor showings by its T-Mobile USA subsidiary, which it is selling. Net profits were down 37.4 per cent on...