NEW YORK, Dec 13 (Bloomberg): US stocks advanced this week, overcoming concern that credit losses will rise, after data on jobless claims and retail sales signaled the economic recovery is strengthening. Delta Air Lines Inc. and US Airways Group Inc....
Our CorrespondentBRAHMANBARIA, Dec 13: The owners of the footwear industries in the district have urged the government and private sectors for providing them loan facilities. According to the sources, footwear industry, an age-old trade of the district are facing enormous...
NEW DELHI, Dec 13 (Economic Times): Stein-Erik Vellan, head of Norway's Uninor, the newest Indian mobile phone operator, insists his company will be one of the survivors in what has rapidly become a very crowded market.Uninor, controlled by Norwegian telecom...
KARACHI, Dec 13 (Business Recrder): Karachi stock market, for the first time after seven years, saw only three initial public offerings (IPOs) in the calendar year 2009 amid depressing values and investor risk aversion after one of the worst financial...
PUNE, Dec 13 (Economic Times): Volkswagen AG, the world's second largest car maker in the world by sales, is now aggressively targeting the Indian mass market. It is looking at the segment below the Polo, which has now gone into...
NEW DELHI, Dec 13 (Economic Times): For the last 10 years, the Sensex declined in the second half of the calendar year only when it fell in the first half of the year, an analysis reveals. And if that 10-year...
KUALA LUMPUR, Dec 12 (Bloomberg): Malaysian businessman Halim Saad is leading a group of investors bidding for a power plant owned by Jimah Energy Ventures, the Edge newspaper reported, citing people familiar with the matter. Halim and his associates offered...
BAGHDAD, Dec 13 (AFP): Asian firms Petronas and CNPC made aggressive bids to become major players in the international energy market by snatching up contracts for Iraq's oil fields at an auction over the weekend. The Malaysian and Chinese companies,...
MUMBAI, Dec 13 (Commodity Online): If a report appeared in India's leading business daily Economic Times is any indication, Muslims will help bring down the soaring gold prices as they are now selling their old gold to book profits. Muslims...
NEW YORK, Dec 13 (Bloomberg): Copper prices rose, halting a six- session slide, as China's industrial output increased more than forecast in November and the country's imports of the metal climbed from a nine-month low.Factory output in China, the world's...
MELBOURNE, Dec 13 (Bloomberg): Global supplies of sugar, the top performing commodity in the past six months, will remain "tight" for the first half of 2010, increasing the risk of further price spikes, JPMorgan Chase & Co said.There is still...
CHICAGO, Dec 13 (Bloomberg): Corn and soybean prices rose on speculation that surging economic growth in China will boost demand for food and animal feed.Industrial production in China jumped in November, exports fell the least in 13 months and imports...
WINDHOEK, Dec 13 (Commodity Online): The hunt for clean energy has caused a rush for uranium resources across the globe now. And, Namibia is the country which is benefiting from the hunger for carbon-based energy.Namibia's uranium resources have always been...
COPENHAGEN, Dec 13 (Commodity Online): Even as the Copenhagen climate meet is turning out to be a faux pas, there are industries which are seriously considering a big role in climate change efforts.Aluminium industry is one such sector which believes...
December 13, Sunday The following were the commercial banks' rates to public for some selectedforeign currencies with Bangladesh Taka in cash transaction Sunday.Selling rates to public (outward remittance)BankUSDEuroGBPJPYCHFCADAUDSCBsSonali Bank69.4500102.0575113.17320.787267.463065.821663.6411Agrani Bank69.3500102.6051111.16000.794267.597065.992162.6260FCBsStanChart69.50106.77117.300.8371.8367.7965.84HSBC 69.6285104.5141115.42830.836968.495366.344064.4006Citibank naNANANANANANANABank of Ceylon69.5900104.3876116.35710.819270.052366.708265.0479PCBsUttara Bank69.4500103.2480113.72040.802867.780966.148363.8422AB Bank69.5500104.5525115.14980.8070NANANABuying rates from public (inward remittance)SCBsUSDEuroGBPJPYCHFCADAUDSonali...
HAVANA, Dec 13(AFP): Venezuelan President Hugo Chavez signed 3.2 billion dollars' worth of cooperation agreements with Cuba Saturday and said former Cuban leader Fidel Castro was in great health, after visiting him at his home. Chavez arrived Friday in Havana...
WASHINGTON, Dec 13 (AP): Russia and the United States are making "substantial progress" on negotiations for a successor to an expired nuclear weapons treaty, according to a Kremlin statement.President Barack Obama and Russian President Dmitry Medvedev talked in detail this...
KHARTOUM, Dec 13 (AFP): Fifteen gunmen accused of involvement in the assassination of an MP in the western Sudanese region of Darfur were killed in clashes with security forces on Saturday, a local police chief told AFP. Police and armed...
WASHINGTON, Dec 13 (BSS): A liberal patriarch of the US Democratic Party on Sunday blasted President Barack Obama's decision to send more US troops to Afghanistan, saying he was "astounded" by the escalation of the war. "Today, I am astounded...
KANDAHAR, Dec 13 (AP): British Prime Minister Gordon Brown is visiting troops in the volatile part of southern Afghanistan where thousands more coalition forces are to be deployed.More than 9,000 British troops are stationed in southern Afghanistan, mostly in Helmand...
TEGUCIGALPA, Dec 13 (AP): The interim government of Honduras says it would allow ousted President Manuel Zelaya to seek asylum outside Central America.The announcement appears to seek a compromise with Zelaya allowing him to emerge from the Brazilian Embassy in...
MANILA, Dec 13 (AP): Dozens of suspected Islamic militants broke through a concrete wall and barged into a jail in the volatile southern Philippines on Sunday, freeing 31 inmates in a nighttime attack that sparked a gunbattle in which two...
Gunmen free 47 hostages in PhilippinesPROSPERIDAD, Philippines, Dec 13: Gunmen freed Sunday the 47 hostages they were holding at a jungle hideout in the southern Philippines after government negotiators agreed not to arrest the outlaws for the abductions or past...
FE ReportA high profile Bangladesh team Sunday left Dhaka for London as part of the government's efforts to attract US$5.0 billion foreign investment in the country's nagging power and energy sectors.A total of 55 reputed foreign companies and 25 non-resident...
FE ReportJanata Bank submitted its prospectus to the Securities and Exchange Commission (SEC) Sunday, Janata’s issue manager said. Janata Bank, subject to the approval of SEC, will offer 10 million shares of Tk 100 each for subscription under its IPO...
FE ReportIslamic Development Bank (IDB) will invest $129 million in Bangladesh for the establishment of a Single Point Mooring System (SPM) near Kutubdia Island for the Bangladesh Petroleum Corporation-owned Eastern Refinery Ltd.IDB Board of Executive Directors approved the single largest...
FE ReportRahimafrooz has launched world renowned consumer electronics brand Daewoo of South Korea in Bangladesh, according to a press release.Wide range of Daewoo LCD, CTV, air conditioner, refrigerator, microwave oven and washing machine will be available at Rahimafrooz Electronics retail...
Green Delta Insurance Company Limited has received an 'International Quality Crown (IQC)-2009' award from Business Initiative Directions in 'Diamond' category, said a press release.Managing Director and Chief Executive Officer (CEO) of Green Delta Insurance Company Limited Nasir A Chowdhury received...
FHM Humayan KabirThe country's booming CFL bulb industry will be able to meet one-third of the domestic demand as it plans to increase production of the energy saving bulbs by almost double in the next year, assemblers said Saturday.The local...
FE Report Bangladesh Export Processing Zones Authority (BEPZA) has paid Tk 47.1 million (4.71 crore) compensation to the three investors -- Cosmos Shoes Int'l Limited, Sheng Tseng Enterprise Co. Limited and La Luna Shoes (BD) Limited -- of Central Silo...
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