Rain or thundershowers accompanied by temporary gusty or squally wind is likely at one or two places over Rajshahi, Rangpur, Dhaka and Sylhet divisions and the regions of Jessore, Kushtia and Comilla in next 24 hours till 6.0pm today (Tuesday)....
TOKYO, April 18 (AP): Toyota Motor Corp resumed car production at all of its plants in Japan Monday for the first time since the March 11 earthquake and tsunami, but said the factories will run at half capacity due to...
FE ReportEricsson, one of the pioneers of telecommunication world, this year selected Mermaid Eco Resort at Pechar Dwip, Cox's Bazar as the place of their team building as a part of employee development and improving inter-personal relationships of Ericsson Bangladesh...
SHENZHEN, April 18 (Xinhua): Sales revenue of China's Huawei Technologies rose 24.2 per cent year on year to 185.2 billion yuan (28.4 billion US dollars) in 2010, the telecom equipment maker said in its annual report released on its website...
THE HAGUE, April 18 (AFP): Dutch electronics giant Philips revealed Monday that first-quarter net profit plunged 31.3 per cent and announced a joint venture with Hong Kong-based TPV for its flagging television business. Net income declined to 138 million euros...
MUMBAI, April 18 (Reuters): German tyre maker Continental AG has signed an agreement to buy the tyre unit of India's Modi Rubber Ltd, Continental said Monday. It did not disclose financial details, and said the completion of the deal to...
MUMBAI, April 18 (PTI): Riding high on increasing demand for affordable houses, real estate developer Soham Group plans to invest around Rs 10.0-billion over the next 2-3 years for its future projects, a top company official said. "A paradigm shift...
BERLIN, April 18 (AFP): Germany's biggest private lender Deutsche Bank said Monday that it has scrapped the planned sale of its BHF-BANK wealth management unit to Liechtenstein's LGT bank. "Following discussions between the parties and with the competent supervisory authorities...
Events: The Benchmark General Index DGEN ended in the red for the third consecutive session to register loss of 0.45%. Positive movement in the banking sector helped the Index from losing bigger percentage. Upon resumption of trading the market witnessed...
Synthes said Monday it was in takeover talks with Johnson & Johnson, after reports the US group is looking to buy the Swiss medical device maker for about $20 billion. A source familiar with the situation told the reporter at...
Rain or thundershowers accompanied by temporary gusty or squally wind is likely at one or two places over Rajshahi, Rangpur, Dhaka and Sylhet divisions and the regions of Jessore, Kushtia and Comilla in next 24 hours till 6.0pm today (Tuesday)....
Yasir WardadA bumper output in litchi, a summer fruit, is expected in Dinajpur and Ishwardi after gardeners said this year's earning could cross Tk 6.0 billion. Abdus Salam Chowdhury, a gardener in Kahrol upazilla in Dinajpur district, said that this...
WASHINGTON, April 18 (Bloomberg): European Central Bank (ECB) Governing Council members signaled they will keep tightening monetary policy this year to curb inflation as the economy strengthens. Investor expectations that the benchmark interest rate will be increased by another 50...
SHANGHAI, April 18 (AFP): General Motors (GM) unveiled the first model of its new car brand aimed specifically at China Monday, aiming to strengthen its sales lead in the world's top auto market by wooing middle-class drivers. The Baojun 630,...
MUMBAI, April (The Economic Times): India's GDP is projected to continue to grow at a brisk pace of 8.8 per cent in 2011-12 (FY 12), a leading economic think-tank said. The domestic environment is conducive for growth and private final...
TAIPEI, April 18 (AFP): Taiwan petrochemical giant Formosa Plastics plans to invest $2.1 billion to expand existing facilities in the United States, local media reported Monday. The investment, which is awaiting final US government approval, is aimed at using richer...
BEIJING, April 18 (Xinhua): Just as it lowered the speed of its Beijing-Shanghai bullet train to ensure safety and affordability, China is trying to slow down its rapid economic growth to encourage sustainability over the next five years. The government's...
ZURICH, April 18 (AFP): Nestle, the world's biggest food company, said Monday that it has acquired 60 per cent of Chinese firm Yinlu Foods Group for an undisclosed sum. Yinlu posted sales of 750 million Swiss francs (583.6 million euros,...
BRISBANE, April 18 (Xinhua): The Queensland economy took a huge battering through the combination of floods and cyclones in January and February. It was described as the worst natural disaster in its history. What followed was a huge recovery effort...
SHANGHAI, April (The Economic Times): Ford Motor Company expects overall China vehicle sales to grow 5 to 10 per cent this year from a year earlier, its China CEO said Monday. Joe Hinrichs, who is also head of Ford's Asia-Pacific...
SHANGHAI, April 18 (Reuters): Great Wall Motor Company Limited aims to raise more than five billion yuan ($765 million) from an initial public offering (IPO) in mainland China later this year, Chief Executive Wang Fengying told the reporter Monday. Great...
Syful Islam Government's efforts to strengthen the Trading Corporation of Bangladesh (TCB) faced a blow after the cabinet committee sent back the draft amendment to the TCB Order 1972 for further examination, officials said Monday. "We suspect the undesired influence...
LONDON, 18 Apr (Bloomberg): Gold was little changed after reaching a record in London and New York as concern about European debt and faster inflation boosted demand for the metal as an alternative investment. Silver touched a 31-year high. China...
SHANGHAI, Apr 18 (AFP): More Chinese cities saw the cost of new homes fall in March, official data showed Monday, leading to suggestions that government moves to cool the real estate market could be having an impact. The National Bureau...
SINGAPORE, April 18 (AFP): Oil dipped in Asian trade Monday as traders locked in profits after gains last week, analysts said. New York's main contract, light sweet crude for delivery in May fell 70 cents to $108.96 a barrel. Brent...
SINGAPORE, 18 Apr (Bloomberg): Singamas Container Holdings Ltd., the second-biggest maker of shipping boxes, may increase prices 11 per cent this year after steel costs rose and the Japan tsunami exacerbated a global shortage of cargo boxes. "Mountains of containers...
KUWAIT CITY, Apr 18 (Xinhua): Kuwaiti caretaker oil minister said Sunday the global oil market has sufficient supplies, as unrest in the Midest and North African region has boosted oil prices by around 20 per cent. Sheikh Ahmad Al-Abdullah Al-Sabah...
ZURICH, April 18 (AFP): Nestle, the world's biggest food company, said Monday that it has acquired 60 per cent of Chinese firm Yinlu Foods Group for an undisclosed sum. Yinlu posted sales of 750 million Swiss francs (583.6 million euros,...
BRISBANE, April 18 (Xinhua): The Queensland economy took a huge battering through the combination of floods and cyclones in January and February. It was described as the worst natural disaster in its history. What followed was a huge recovery effort...
SHANGHAI, April (The Economic Times): Ford Motor Company expects overall China vehicle sales to grow 5 to 10 per cent this year from a year earlier, its China CEO said Monday. Joe Hinrichs, who is also head of Ford's Asia-Pacific...
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