WASHINGTON, May 02 (Reuters): The US government will layout its antitrust case against Alphabet's Google in closing arguments on Thursday, wrapping up a trial in which the online search leader is accused of breaking the law to stay on top.The...
PARIS, May 02 (AFP): The OECD on Thursday raised its forecast for global growth in 2024, boosted by a dynamic recovery in the United States as the eurozone lags behind.The Paris-based organisation said it now sees this year's global growth...
BENGALURU, May 02 (Reuters): India's Adani Enterprises reported a near-38 per cent fall in profit on Thursday due to weak performance in its roads segment and higher expenses.Consolidated net profit fell to 4.51 billion rupees ($54.1 million) for the quarter...
KUALA LUMPUR (Malaysia), May 02 (AP): Microsoft is investing $2.2 billion over the next four years in Malaysia's new cloud and artificial intelligence infrastructure as well as partnering with the government to establish a national AI centre, its CEO Satya...
With a view to building skilled human resources for providing better banking services, First Security Islami Bank PLC has organised a 'Refreshers Training Course' at its Training Institute in the city recently. Managing Director of the bank Syed Waseque Md...
Bangladesh Commerce Bank Ltd (BCBL) organised a Branch Anti Money Laundering Compliance Officer (BAMLCO) Conference-2024 at a hotel in Dhaka recently. Chairman of the BCBL Board of Directors Professor Dr. Engineer Rashid Ahmed Chowdhury attended the conference as the chief...
Uttara Bank PLC opened a Rangpur branch on its new premises at New Jamal Market, Station Road, Kotowali in Rangpur on Thursday. Managing Director & CEO of the bank Mohammed Rabiul Hossain inaugurated the branch as the chief guest. Uttara...
Prime Bank, announced a strategic partnership with Hishabee, aimed at transforming retail banking. A Memorandum of Understanding (MoU) was signed, heralding a new era where Hishabee Dokan app users will access Prime Bank's banking services seamlessly. This collaboration promises to...
LONDON, May 2 (Reuters): Britain set out its "roadmap" on Wednesday for authorising investment funds from the European Union to offer products in the UK, a post-Brexit milestone that reflects how most funds sold to retail investors in the country...
MUMBAI, May 2 (Reuters): India's improving trade deficit, inflows into bonds and reduced pressure on the rupee in the offshore market has lowered the need for the Reserve Bank of India (RBI) to intervene aggressively in the foreign exchange market.The...
ORLANDO, Florida, May 2 (Reuters): Japan's yen-buying currency market intervention may not be sending tremors through the US bond market just yet, but that calm could be disturbed if Tokyo gets drawn into a drawn-out battle to prevent the exchange...
Eastern Bank (EBL) and Trinamul Nari Uddyakta Society will make joint efforts to organise trainings, events and exchange of information through their respective organisations for developing the capacity and skills of women entrepreneurs across the country. M. Khorshed Anowar, deputy...
FE REPORT | 2024-05-03 00:00:00
In a significant development aimed at enhancing bilateral cooperation, Russia has expressed its interest in forming partnerships with Bangladesh and investing in manufacturing electronic and digital devices in Bangladesh.A proposal in this regard was discussed at a meeting between State...
Nagad, the country's leading mobile financial service provider, has forged a corporate partnership with Pran-RFL Group, one of the country's largest conglomerates specialising in consumer goods, reports BSS.This partnership marks a significant milestone in the evolution of digital finance and...
FE REPORT | 2024-05-03 00:00:00
Prime minister's private industry and investment affairs adviser Salman F Rahman at a global forum has focused on sharing technology to ensure that the entire world reap its benefits."AI (artificial intelligence) technology may pose a threat to development by exacerbating...
Summit Group on Thursday announced the appointment of Faisal Khan as the managing director of Summit Corporation, the largest independent power producer (IPP), LNG infrastructure and energy trading company in Bangladesh, effective from May 1, 2024, according to a press...
FE REPORT | 2024-05-03 00:00:00
Unilever Consumer Care secured an 11.15 per cent year-on-year profit growth in January-March this year, despite decrease in revenue.In an earnings disclosure, it said it had curbed operating expenses by a remarkable 34.42 per cent in the three months to...
The board of directors of Eastland Insurance Company Ltd in a board meeting on April 30, 2024 unanimously re-elected Mr. Mahbubur Rahman as chairman of the company for the next three years. He is the founder chairman of Eastland Insurance...
FE REPORT | 2024-05-03 00:00:00
United Power Generation & Distribution Company's profit jumped 25 per cent year-on-year to Tk 3.17 billion in the third quarter through March this year, supported by stability in the forex market and a higher finance income.Accordingly, its consolidated earnings per...
Weather may remain mainly dry with temporary partly cloudy sky elsewhere over the country in the next 24 hours from 06:00 am today (Friday), according to the Met Office. Rain/thunder showers accompanied by temporary gusty/squally wind is likely to occur...
A Dhaka court on Thursday placed Milton Samaddar, chairman of Child & Old Age Care, on a three-day remand in a case over alleged death certificate forgery, reports UNB.Dhaka Additional Chief Metropolitan Magistrate Tofazzal Hossain passed the order when sub-inspector...
FE REPORT | 2024-05-03 00:00:00
Embassy of Japan and Bangladesh Shilpakala Academy will jointly organise "Shodo Workshop - The Art of Japanese Calligraphy'' at National Art Gallery No.3 of Shilpakala Academy in Dhaka on May 18, 2024.The calligraphy workshop will be conducted by Japanese calligraphy...
At least seven were killed and nine others injured by lightning strikes in Rangamati, Sylhet, Khagrachhari and Cox's Bazar districts on Thursday, reports UNB.In Rangamati, three people were killed and seven others injured when thunderbolts struck them in separate places...
FE REPORT | 2024-05-03 00:00:00
A Dhaka court on Thursday granted bail to Nobel laureate Prof Dr Muhammad Yunus and 13 others in a case filed on charge of embezzling and laundering Tk 252.2 million of Grameen Telecom Workers' Profit Participation Fund. Judge of the...
General SM Shafiuddin Ahmed, chief of army staff, addressing a three-day 6th "ICEEICT 2024" conference on Electrical and Electronic Engineering and ICT at the Military Institute of Science and Technology (MIST), Mirpur Cantonment, on Thursday — ISPR
MUNIMA SULTANA | 2024-05-03 00:00:00
When urban cities are the worst sufferers of extreme heat for global warming, Dhaka city has still to address its consequences by tracing extreme heat areas in preparedness to cope with the situation.From policy to sectoral level, dealing with extreme...
TANGAIL, May 02 (UNB): A local leader of Swechasebak League died and at least 7 people were injured in a clash between two groups over a land dispute in Nagarpur upazila of Tangail district on Thursday.The deceased Rajib Hossain, 30,...
BNP Chairperson Khaleda Zia, who is currently undergoing treatment at Evercare Hospital in the capital, was shifted to a cabin from the Coronary Care Unit (CCU) on Thursday, reports UNB."Madam was previously in the CCU. The medical board has now...
BNP Secretary General Mirza Fakhrul Islam Alamgir left the country for Saudi Arabia on Thursday afternoon to perform Umrah, reports UNB.Fakhrul along with his wife Rahat Ara Begum left Dhaka's Hazrat Shahjalal International Airport by a Biman Bangladesh Airlines flight...
Foreign Minister Dr Hasan Mahmud has called upon the UK government to collaborate with Bangladesh to establish a peaceful and conflict-free world and to put an end to the ongoing wars in Gaza and Ukraine, reports BSS.He made the call...
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