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Picasso, Rousseau paintings stolen in France

2010-01-03 00:00:00

DRAGUIGNAN, Jan 2 (AFP): Around 30 paintings, including works by Picasso and Rousseau, valued at around a million euros (1.4 million dollars), have been stolen from a private villa in the south of France, police said Saturday.But a Modigliani initially...

Sachin Tendulkar likes Big B in 'Paa'

2010-01-03 00:00:00

NEW DELHI, Jan 1: Bollywood megastar Amitabh Bachchan has received lots of compliments for his performance in "Paa" and the latest to join the bandwagon is Indian cricket icon Sachin Tendulkar."Sachin Tendulkar called to personally compliment me on 'Paa'," the...

Sunday

2010-01-03 00:00:00

BTVAm07:00 Announcement, Recitation From The Holy Quran, Programme Outline And The Holy Tripitak Paath07:10 Saswato Jibon07:15 Suvechaa Nin08:00 Morning News08:30 Open Univercity09:00 Sangbad Shironam09:15 Satellite Transmission11:15 Weekly Drama Rept -12:00 Sangbad Shironam12:05 Sangbadpatrer Pata Theke12:30 Drama- Swapno Sonargaon01:00 Ma O...

Asian stocks rise second week for biggest annual gain since 1993

2010-01-03 00:00:00

TOKYO, Jan 2 (Bloomberg): Asian stocks rose for the second week, capping the MSCI Asia Pacific Index's biggest annual gain since 2003, after China raised its economic growth figures and Japan said industrial production increased. Hitachi Ltd., Japan's fourth-largest company...

CLB asks Nilgiris to hold allotment of rights shares

2010-01-03 00:00:00

BANGALORE, Jan 2 (Economic Times): The Company Law Board in Chennai has asked Nilgiris Dairy Farm not to allot shares to those participating in the company's ongoing rights issue till its further orders, and postponed hearings on the dispute to...

13 Pak banks fail to meet central bank’s MCR condition

2010-01-03 00:00:00

KARACHI, Jan 2 (Business Recorder): Some thirteen banks have failed to meet the State Bank of Pakistan's (SBP) Minimum Capital Requirement (MCR) of Rs 6 billion by the end of calendar year 2009 due to slowdown in economic activities and...

All Nippon mulls taking JAL's overseas flights

2010-01-03 00:00:00

TOKYO, Jan 2 (Reuters): Japanese airline All Nippon Airways is considering taking over the international routes of struggling rival Japan Airlines Corp, the Yomiuri Shimbun newspaper said Friday.All Nippon is looking to increase its overseas flights by targeting profitable routes...

BJMC retakes People's Jute Mills

2010-01-03 00:00:00

Our CorrespondentKHULNA, Jan 2: Peoples Jute Mills in Khulna has formally been returned to Bangladesh Jute Mills Corporation (BJMC) recently. Sources said BJMC retrenched 294 workers and employees from People's Jute Mills during the caretaker government on July 11, 2007...

Commodity markets stage rally in 2009

2010-01-03 00:00:00

LONDON, Jan 02 (AFP): Commodity prices rallied in 2009 on keen demand and signs of global economic recovery, with oil soaring and gold striking record levels, while copper and sugar surged. Many raw materials also rose this week in thin...

Kenya warns of food shortage in 2010

2010-01-03 00:00:00

NAIROBI, Jan 02 (Commodity Online): Kenya's Famine Early Warning Systems Network (FEWS NET) warned that food shortage and high maize prices is expected to hit the country by April.In a report issued here it said, with the long rains and...

Global commodities boom led by China

2010-01-03 00:00:00

BEIJING, Jan 02 (Commodity Online): Commodities have outperformed stocks in the last one decade and the country that is leading the commodities boom rally is China.There is a rush to investing in commodities in China these days that people are...

Steel may iron out problems in 2010

2010-01-03 00:00:00

MUMBAI, Jan 02 (Commodity Online): Even as the world is recovering from the recession impact, global steel market is witnessing a surge in demand and 2010 is all set to give a big boost to the iron ore and steel...

Cattle rise as winter weather slows weight gains

2010-01-03 00:00:00

NEW YORK, Jan 02 (Bloomberg): Cattle futures rose for the first time in three days on speculation that beef supplies are declining after winter storms last week in the US curbed animal weight gains. Hog prices declined.On average, cash-market steers...

Wheat may dip further on government intervention

2010-01-03 00:00:00

Wheat futures market remained range bound negative during December month on slack buying interest due to higher prices. It is to be learnt that wheat price climbed to nearly Rs 1450 per quintal during first fortnight of December due to...

Death toll in Pak suicide car blast rises to 93

2010-01-03 00:00:00

PESHAWAR, Jan 2 (AFP): Investigators sifted through rubble Saturday after a suicide car bomber detonated his explosives-filled vehicle in a crowd watching a volleyball game in northwest Pakistan, killing at least 93.Friday's bombing marked a bloody start to 2010 for...

Philippine volcano evacuees head home as alert lowered

2010-01-03 00:00:00

LEGASPI, Philippines, Jan 2 (AFP): Tens of thousands of Filipinos evacuated from the shadow of a volcano that began spewing ash and lava prepared to head home on Saturday after the alert level was lowered.The lowering of the alert level...

Al-Qaeda link to Christmas terror suspect: Obama

2010-01-03 00:00:00

HONOLULU, Jan 2 (AP): President Barack Obama laid blame Saturday on an al-Qaeda affiliate for a Christmas Day terrorist attack that has prompted a top-to-bottom review of how the nation's intelligence agencies failed to prevent the botched bombing aboard a...

Four die as trains collide in fog-bound UP

2010-01-03 00:00:00

LUCKNOW, Jan 2 (AFP): At least four people were killed when four express trains collided in separate incidents in the fog-bound northern Indian state of Uttar Pradesh Saturday, police and railway officials said.In the first incident, an inter-city express rammed...

Japan PM starts tweeting, launches blog

2010-01-03 00:00:00

TOKYO, Jan 2 (AFP): Japanese Prime Minister Yukio Hatoyama has launched a blog and started using Twitter in a New Year bid to reach out to the public at a time when his ratings have tumbled.Hatoyama began using the micro...

Tehran to make its own nuke fuel

2010-01-03 00:00:00

TEHRAN, Jan 2 (AP): Iran is warning it will produce nuclear fuel on its own if there is no deal to have the West deliver the fuel in exchange for Tehran's enriched uranium by the end of January.Foreign Minister Manouchehr...

Afghan House starts vote on Karzai nominees

2010-01-03 00:00:00

KABUL, Jan 2 (AFP): Afghanistan's parliament Saturday began voting on President Hamid Karzai's cabinet nominees, nearing the end of a long process that should fill the political vacuum with a government, officials said.Parliamentarians began casting secret ballots for 24 ministerial...

news digest

2010-01-03 00:00:00

Strong quake hits western PacificHAGATNA, Guam, Jan 2: A strong, 6.2-magnitude earthquake struck in the western Pacific, west of the United States (US) territory of Guam Saturday, US geologists said, although there was no immediate indication of any tsunami. The...

LankaBangla Securities launches stock trading under NITA

2010-01-03 00:00:00

FE ReportLankaBangla Securities Ltd, the top broker of Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) has taken a series of plans under which country's growing securities market will get further boost."We are going to streamline a product from...

Meghna Cement set to expand production capacity

2010-01-03 00:00:00

FE ReportMeghna Cement Mills Ltd is set to expand its production capacity due to consistent consumption and export growth. "We are going to enhance our productivity and capacity utilisation as well in the new year," an official of Meghna Cement...

New MD of IDLC Finance Limited

2010-01-03 00:00:00

Selim RF Hussain joined the IDLC Finance Ltd as CEO and Managing Director (MD) recently.Prior to joining the company he was Chief Financial Officer of Standard Chartered Bank in Bangladesh and the Head of Finance and Strategy in India of...

Planning Commission refuses to approve ERL's pipeline project

2010-01-03 00:00:00

FHM Humayan KabirThe planning commission has refused to approve Tk 10.81 billion deep-sea pipeline project of Eastern Refinery Ltd (ERL) for transporting oil from tankers in deep sea to shore as no feasibility study has been under taken before submitting...

REHAB Fair begins Jan 5

2010-01-03 00:00:00

FE ReportThe country's private real estate developers are organising a five-day housing fair in the capital to help the global economic crisis-hit sector weather the current bad-patch.The fair titled 'REHAB Fair 2009' will be organised by Real Estate and Housing...

Prospect of hitting tea production target gloomy this year

2010-01-03 00:00:00

Jasim Uddin Haroon The country's tea output might fall short of target this year mainly due to unfavourable weather in the plant growing regions, tea planters told the FE.Until November, the total tea production stood at 53.98 million kilogrammes (kg),...

Poultry farmers ready to export

2010-01-03 00:00:00

FE ReportPoultry farmers Wednesday said Bangladesh might resume poultry bird export, as there has been no outbreak of the deadly bird flu infection in the country last year.Local poultry birds used to be exported to Nepal and the Middle Eastern...

BB moves to help SME, clients

2010-01-03 00:00:00

FE ReportBangladesh Bank (BB) has opened SME and Special Programmes Department to help the sector and its clients."We are giving a signal to banks that the central bank has put special emphasis on the sector and they should follow the...