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Norway offers ONGC a bite of $1b carbon project

2010-11-01 00:00:00

NEW DELHI, Oct 31 (Business Standard): The Norwegian government has offered Oil and Natural Gas Corporation (ONGC) a stake in a $1-billion carbon capture storage project at Statoil's Mongstad oil refinery in Norway.The offer was made at a meeting between...

Gold may get costlier by 24pc on Dhanteras over last year

2010-11-01 00:00:00

NEW DELHI, Oct 31 (PTI): Gold is likely to be expensive by 24 per cent to over Rs 20,000 per 10 gram in the national capital on Dhanteras, a day considered auspicious for buying the precious metal, as compared to...

Coke, Pepsi bets big on festive fervour

2010-11-01 00:00:00

NEW DELHI, Oct 31 (PTI): In a bid to push sales before the advent of winter, beverage majors Coca-Cola and Pepsi Co are in a race to woo customers during the festive season by launching attractive offers and new marketing...

Seven of top-10 firms shed Rs 282b in m-cap in a week

2010-11-01 00:00:00

MUMBAI, Oct 31 (PTI): Market capitalisation (m-cap) of seven of the country's top-10 firms eroded by Rs 281.93 billion last week, with oil and gas major ONGC recording the biggest loss in valuation. With an erosion of Rs 86.20 billion...

Vietnam to help Japan on rare earths

2010-11-01 00:00:00

HANOI, Oct 31 (AFP): Vietnam will help to supply Japan with rare earth minerals used in high-tech products, leaders of the two countries said, as Japan looks to diversify supply after a spat with key provider China."Prime Minister Nguyen Tan...

22 wounded in Istanbul explosion

2010-11-01 00:00:00

ISTANBUL Oct 31 (AP): A suspected suicide bomber detonated a device in Istanbul's main square Sunday, wounding 22 people, Istanbul's police chief said.Turkish reports said the explosion occurred close to a spot in Taksim square where riot police were stationed...

China takes restrictive measures on rare earth resource utilisation

2010-11-01 00:00:00

Rare earths, a class of 17 chemical elements, have become increasingly important in manufacturing sophisticated products, including flat-screen monitors, electric car batteries, wind turbines, missiles and aerospace alloys, reports Xinhua. As the high-tech industry developed rapidly in recent years, the...

Female student arrested

2010-11-01 00:00:00

A female engineering student has been arrested in Yemen on suspicion of posting the packages containing bombs found on two cargo jets in Dubai and Britain, reports BBC.The 22-year-old woman, named locally as Hanan al Samawi, was traced through a...

Brazil set to elect new president

2010-11-01 00:00:00

Brazilians are voting to choose a new president to succeed the popular Luiz Inacio Lula da Silva, reports BBC.Opinion polls suggest the governing Workers Party candidate Dilma Rousseff has a clear lead over Jose Serra of the opposition Social Democratic...

Indonesians flee hot ash as volcano rumbles again

2010-11-01 00:00:00

Mount Merapi spewed out searing ash clouds Sunday morning, sending residents fleeing to safer grounds, Indonesian authorities said, reports CNN.The new blast, which came after a brief lull, was one of three that day, according to the Vocanology and Geological...

Sanctions 'most ridiculous' act against Iran: Ahmadinejad

2010-11-01 00:00:00

TEHRAN, Oct 31 (AFP): Imposing sanctions on Iran has been the "most ridiculous and failed" move adopted by the world powers, the country's hardline President Mahmoud Ahmadinejad said Saturday. "Imposing sanctions on Iran was the most ridiculous political decision ever....

news digest

2010-11-01 00:00:00

Vietnam, Russia ink deal on first nuclear plantHANOI, Oct 31: Russia and Vietnam on Sunday signed a deal, worth an estimated four billion euros (5.6 billion dollars), for the Southeast Asian country's first nuclear power plant, an AFP reporter said....

Ansar dominates, 23 new records set in national swimming

2010-11-01 00:00:00

An encouraging 23 new national records were set in the four-day Walton 24th National Swimming championship that concluded Sunday at the National Swimming Complex in city's Mirpur with clear domination by Bangladesh Ansar, reports UNB.Sonia Akhter of Ansar emerged as...

Siddikur believes he can attain American dream

2010-11-01 00:00:00

Siddikur is now dreaming of playing in the PGA Tour after finishing in a commendable tied 11th place at the inaugural CIMB Asia Pacific Classic, Malaysia Sunday, reports BSS. Siddikur became the first Bangladeshi to win on the Asian Tour,...

GM Zia, Niaz win on day one in Berger chess

2010-11-01 00:00:00

Grand Master Ziaur Rahman and Niaz Murshed won their first round matches on the inaugural day of the Berger Six Seasons Grandmasters Chess Tournament-2010 held at the Tulip Lounge of Uttara Club in the city Sunday, reports BSS.

ICC dismisses Pak cricketers' appeal

2010-11-01 00:00:00

DUBAI, Oct 31 (AFP): The International Cricket Council (ICC) Sunday rejected the appeals of Pakistan cricketers Salman Butt and Mohammad Aamer against suspensions for spot-fixing.The two, along with fast bowler Mohammad Asif, were provisionally suspended by the ICC over allegations...

Ceiling of credit for women entrepreneurs to be extended: Barua

2010-11-01 00:00:00

Industries Minister Dilip Barua Sunday said the government would extend the ceiling of collateral-free credit to women entrepreneurs gradually to strengthen women empowerment through creating skilled entrepreneurs, reports UNB."Small and medium women entrepreneurs are now being provided collateral-free credit upto...

Daffodil’s gala programme at BCS ICT World-2010

2010-11-01 00:00:00

Country's Largest ICT and Educational Conglomerate Daffodil Group and Daffodil International University jointly appeared before the visitors with a new look and elaborate programme at BCS ICT World-2010.Daffodil highlighted its product and services in the show which ends tomorrow (November...

SEC to probe into Ctg Vegetables, Pharma Aids share price hike

2010-11-01 00:00:00

FE ReportSecurities and Exchange Commission (SEC) has asked the stock brokers to submit detailed reports of their clients who purchased the shares of Chittagong Vegetables over the last one month.It also formed a committee to probe into the unusual price...

JB thrust on digitisation, CSR

2010-11-01 00:00:00

FE ReportThe Branch Managers' Conference-2010 of Janata Bank's Dhaka divisional office (North & South) was held at BIAM auditorium in the city Sunday.Janata Bank (JB) Chairman Abul Barkat presided over the conference as the chief guest while the CEO &...

Khaleda urges govt to step down

2010-11-01 00:00:00

BNP Chairperson Khaleda Zia has urged the ruling Awami League to step down before it gets bogged down under the weight of its 'failures', reports bdnews24.com. Apparently suggesting an election defeat, she also threatened that 'dire consequences' await the ruling...

Resisting Eve teasers with united efforts stressed

2010-11-01 00:00:00

Speakers at various programmes urged all to resist Eve-teasers with united efforts and asked all concerned to hand over the troublemakers to the law enforcers.They said mass awareness should be created among the people from all walks of life against...

Court orders Coco's arrest

2010-11-01 00:00:00

A Dhaka court ordered the arrest of BNP Chairperson Khaleda Zia's younger son Arafat Rahman Coco in a money laundering case. Judge Mojammel Haque of Special Judge's Court-3 issued the warrant around 12.30pm Sunday following a petition by the prosecution,...

HC grants bail to Milon in extortion cases

2010-11-01 00:00:00

The High Court (HC) Sunday granted three months' interim bail to former state minister for Education ANM Ehsanul Huq Milon in connection with two extortion cases, reports UNB.Passing the interim orders, an HC division bench headed by Justice Siddiqur Rahman...

Allow AIMS to disburse pending dividends within next 7 days

2010-11-01 00:00:00

FE ReportThe High Court (HC) Sunday directed the Securities and Exchange Commission (SEC) to allow the trustee of AIMS First Guaranteed Mutual Fund disburse the pending dividends and entitlements for the years 2007-08 and 2008-09 to the unit-holders of country's...

Tofazzal Hossain re-elected NLI chairman

2010-11-01 00:00:00

Tofazzal Hossain has been re-elected chairman of National Life Insurance (NLI) Company Ltd for the third time in a board meeting of the company recently. Mr Hossain was the chairman of NCC Bank Ltd and Islami Insurance Bangladesh Ltd, said...

StanChart's Group Head of CB Strategy in city

2010-11-01 00:00:00

FE ReportJungkiu Choi, Group Head of Consumer Banking (CB) Strategy, Business Development and Re-engineering is in Dhaka for a brief visit. During his stay in Dhaka, he will be reviewing Standard Chartered Consumer Banking business and strategies in Bangladesh and...

‘Int’l standards must for new upscale hotels’

2010-11-01 00:00:00

Kamrun NaharThe government would stop issuing license for new upscale hotel or motel unless those meet international standards, a top official said Saturday."We'll no longer allow establishment of three-star, four-star or five-star hotels unless they can really meet certain international...

Insurance Regulatory Authority in the offing

2010-11-01 00:00:00

The government will soon form an Insurance Regulatory Authority to ensure transparency and discipline in the country's insurance sector, reports BSS.The five-member regulatory authority will consist of a chairman and four members having expertise in insurance sector, official sources told...

New chairman, MD of AIBL CMSL

2010-11-01 00:00:00

Badiur Rahman has been elected chairman of the newly-formed AIBL Capital Market Services Ltd (AIBL CMSL), a subsidiary of Al Arafah Islami Bank Ltd (AIBL). He was elected unanimously at the second board meeting of the company recently for next...