FE REPORT | 2024-04-18 00:00:00
Aamra Networks posted a 25 per cent year-on-year growth in profit to Tk 78.4 million for January-March this year, supported by revenue growth coupled with effective cost control measures.Accordingly, the company's earnings per share (EPS) increased to Tk 1.26 for...
Gold prices rose on Wednesday, to near record-high levels as risks of the Middle East conflict spreading to other regions brought safe-haven flows into bullion, alongside short-term support from falling US dollar, reports Reuters.Spot gold rose 0.2 per cent to...
NEW YORK, April 17 (AFP): United Airlines reported a first-quarter loss Tuesday due to the temporary grounding of some Boeing jets, as it announced plans to lease Airbus planes in light of delayed Boeing deliveries.The roughly three-week grounding of the...
Oil prices slipped more than $1 on Wednesday as likely higher US commercial inventories weighed, while weaker economic data from China and dimmed prospects of interest rate cuts stoked worries about global demand, reports Reuters.Brent futures for June were down...
Copper and aluminium prices rose in London on Wednesday as support from a weaker US dollar offset concerns about demand from top metals consumer China, reports Reuters.Three-month copper on the London Metal Exchange was 0.8 per cent higher at $9,547...
LONDON, Apr 17 (Reuters): Global property and casualty insurers showed "alarming" underwriting losses in 2022 as natural catastrophes increased and risk models failed to keep up, a report from consultants Capgemini said on Wednesday.Global insured losses from natural catastrophes have...
WASHINGTON, Apr 17 (Reuters): The International Monetary Fund is cautioning against overexuberance in markets as investors look for central bankers to pull off a "soft landing" in their years-long inflation battle.In its latest semi-annual Global Financial Stability Report, the IMF...
LONDON, Apr 17 (Reuters): "Non-banks" such as insurers, hedge funds, family offices and commodities traders should hold sufficient cash and draw up contingency plans for coping with spikes in collateral used to back derivatives positions against default, the G20's financial...
PARIS, Apr 17 (Reuters): LVMH's sales slowed in the first quarter as rising prices prompted more shoppers who aspire to own its luxury labels to hold back on splashing out thousands of dollars on handbags and other accessories.Slower sales growth...
MetLife Bangladesh has recently signed a Memorandum of Understanding (MoU) with the Banking and Insurance Department of University of Dhaka. Under this MoU, students of that department will have enhanced access to MetLife's internship, employment and career development opportunities. From...
Md Moidul Islam has been promoted to Deputy Managing Director of EXIM Bank. Prior to his promotion, he was Additional Deputy Managing Director of the bank, says a press release.He started off his banking career as a probationary officer at...
BRAC Bank has recently signed a Memorandum of Understanding (MoU) with Splash Works Water Park Ltd. (Mana Bay Water Park) to offer its customers exclusive offers and discounts. Under the MoU, all BRAC Bank credit and debit card holders can...
Bangladesh is preparing to introduce remote sensing and drones to detect crop damage caused by extreme weather events or diseases, said the Asian Development Bank (ADB).Around 20 officers of the Department of Agricultural Extension (DAE) are initially receiving training to...
FE REPORT | 2024-04-18 00:00:00
The Bangladesh Telecommunication Regulatory Commission (BTRC) has resumed accepting applications for new internet service provider (ISP) licences in specific areas.According to a new circular issued on Wednesday, new applicants can apply through the Licence Issuance and Management System (LIMS).The new...
The government has set a target to elevate capital expenditure in the medium term, aiming to achieve sustained economic growth.The government has set the target as it thinks that there is no alternative to increasing capital expenditure which has profound...
RIO DE JANEIRO, Apr 17 (AFP): At 58, Brazilian football legend Romario has quite a resume: World Cup winner, senator, president of his favorite club, America of Rio de Janeiro.Now, 15 years after hanging up his boots, the iconic striker...
NEW DELHI, Apr 17 (AFP): West Indies skipper Rovman Powell is trying to convince fellow IPL star Sunil Narine to come out of international retirement for their home T20 World Cup.All-rounder Narine smashed his first T20 century on Tuesday and...
KARACHI, Apr 16 (AFP): Babar Azam makes his return as Pakistan captain in a five-match Twenty20 series starting Thursday against an understrength New Zealand with the World Cup weeks away.Azam regained the captaincy last month in a shock U-turn that...
BARCELONA, Spain, Apr 17 (AP): Taking it easy after months away from competitive tennis, Rafael Nadal was good enough to earn a comfortable first-round win at the Barcelona Open on Tuesday.Nadal looked injury-free in a 6-2, 6-3 win over Flavio...
BARCELONA, Spain, Apr 17 (Reuters): Paris St Germain's Kylian Mbappe scored twice in the second half to help his side to a 4-1 comeback win at 10-man Barcelona in their Champions League quarter-final, second leg to wrap up a 6-4...
As the Bangladesh team prepares for the upcoming Zimbabwe series, the possibility of veteran opener Tamim Iqbal's return to international cricket remains unclear, reports UNB.A Bangladesh Cricket Board (BCB) official offered little insight into the situation.Tamim's last international appearance was...
Slovenia, Spain prioritise recognition of Palestinian stateMADRID, Apr 17: Slovenia and Spain agree on the need to formally recognise a Palestinian state as a way to end the Israel-Palestinian conflict, the leaders of the two countries said on Tuesday. They...
PARIS, Apr 17 (BBC): The life of France's first lady Brigitte Macron is to be the subject of a new TV series. Production company Gaumont said the six-part series, entitled Brigitte, a Free Woman, would trace the "storybook journey" of...
DOHA, Apr 17 (AFP): Negotiations between Israel and Hamas to secure a truce in Gaza and a hostage exchange have stalled, Qatar's prime minister said on Wednesday."We are going through a sensitive stage with some stalling, and we are trying...
NEW YORK, Apr 17 (Reuters): The US and its allies planned fresh sanctions against Iran over its unprecedented attack on Israel, seeking to dissuade Israel from a major escalation as its war cabinet was set to meet for a third...
MOSCOW, Apr 17 (BBC): Russia's military death toll in Ukraine has now passed the 50,000 mark, the BBC can confirm.In the second 12 months on the front line - as Moscow pushed its so-called meat grinder strategy - we found...
JERUSALEM, Apr 17 (AP): British Foreign Secretary David Cameron said Wednesday that Israel "is making a decision to act" in response to Iran's missile and drone attack over the weekend, while Iran warned that even the "tiniest" invasion of its...
JHENAIDAH, Apr 17 (UNB): Members of Border Guard Bangladesh (BGB) arrested two individuals along with 40 gold bars, weighing 4.63 kg from Choygharia in Maheshpur upazila of Jhenaidah district.The arrestees were identified as Jashim Uddin, 53, son of Makbul Hossain,...
KUSHTIA, Apr 17 (UNB): Two cousins drowned in the Gorai river in Kumarkhali upazila of Kushtia on Wednesday noon.The deceased were identified Most. Shefa, 13, daughter of Shamim Islam of Sherkandi area, and Shahzada, 7, son of Alamgir Hossain of...
SUNAMGANJ, Apr 17 (UNB): Two farmers died after being struck by lightning in Dirai upazila of Sunamganj district on Tuesday.The deceased were identified as Malek Nur, son of Ukil Ali of Madhurapur village and Abdun Nur of Rasulpur village in...
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