DUBAI April 16 (Reuters): Microsoft is investing $1.5 billion in United Arab Emirates-based artificial intelligence firm G42, giving the US giant a minority stake and a board seat, allowing the two to deepen ties amid the global battle for tech...
Morgan Stanley's profit rose in the first quarter, lifted by a resurgence in investment banking led by equity underwriting where revenue more than doubled, reports Reuters.The Wall Street bank on Tuesday reported net income of $3.4 billion, or $2.02 per...
Premier Bank has signed a remittance disbursement agreement with the mobile financial service provider Nagad Limited recently for the distribution of wage earners' foreign remittance directly to the beneficiaries' e-wallet. Additional Managing Director of Premier Bank Shamsuddin Chowdhury and Executive...
Eastern Bank cardholders will enjoy special benefits at Unimart Limited, one of the premium super shops of Bangladesh. M. Khorshed Anowar, deputy managing director and head of retail and SME banking, EBL, and Shahin Mahmud, chief operating officer, Unimart Ltd,...
COLOMBO, April 16 (Reuters): Sri Lanka on Tuesday rejected international bondholders' proposal to restructure more than $12 billion in debt, putting at risk critical International Monetary Fund support and delaying its efforts to resolve a two-year-long debt crisis.Some of the...
FE REPORT | 2024-04-17 00:00:00
Lovello Ice-cream posted an impressive 73 per cent year-on-year growth in profit to Tk 61.44 million for the third quarter of FY24, riding on higher sales.Accordingly, earnings per share jumped to Tk 0.71 for the January-March quarter from Tk 0.41...
FE REPORT | 2024-04-17 00:00:00
Prime Bank and Uttara Bank have posted a double-digit profit growth for 2023, riding on higher interest income along with significant earnings from the government securities.The exchange gain was not as overwhelming during the year, but interest income, the core...
MELBOURNE, Apr 16 (Reuters): Former Australia batsman Michael Slater was refused bail by a court in Queensland state on Tuesday after being remanded in police custody and charged with multiple domestic violence offences including stalking and intimidation.Slater, 54, faces 19...
Bangladesh named former Pakistan leg-spinner and World Cup winner Mushtaq Ahmed on Tuesday as the spin-bowling coach for the men's national cricket team, reports AFP.Mushtaq will join the side before a preparation camp for next month's five-match Twenty20 international series...
NEW DELHI, Apr 16 (AFP): Better use of the Indian Premier League's impact substitute rule has been the big factor behind this season's run spree in the high-octane Twenty20 competition which has seen multiple scoring records smashed, say experts.Sunrisers Hyderabad...
MUMBAI, Apr 16 (IANS): Top-order batter Jemimah Rodrigues is a prominent player who misses out due to an injury as the Women's Selection Committee picked the Team India (Senior Women) squad for the upcoming tour of Bangladesh comprising five T20Is.The...
OLYMPIA, Greece, Apr 16 (AFP): The torch relay for the Paris 2024 Olympics set off Tuesday from Olympia, the birthplace of the ancient Games, after the flame was lit in a ritual inspired by antiquity and marked by messages of...
Bangladesh skipper Najmul Hossain said on Tuesday that experienced opener Tamim Iqbal requested some time to make up his mind regarding making a national comeback. Najmul sat with Tamim on April 15 (Monday) at the Sher-e-Bangla National Stadium to talk...
Fast bowler Nahid Rana, considered as the fastest bowler of the country at this moment, claimed his List A career-best 5-45 as Shinepukur Cricket Club secured a six-wicket win over Mohammedan Sporting Club by DLS method in the Dhaka Premier...
A 14-year-old school student died after an electric pole fell on his head in the Raisbagh area of Aditmari upazila of Lalmonirhat on Tuesday, reports UNB.The deceased, Al-Amin Islam, was a class 10 student at Raisbagh Haridas High School.Mahmud-un-Nabi, officer-in-charge...
OUR CORRESPONDENT | 2024-04-17 00:00:00
SYLHET, Apr 16: The people of remote villages in Sachna Bazaar Union under Jamalganj upazila of the district have been suffering much while crossing the Piain river as there is no concrete bridge over the river.During a rainy season, public...
OUR CORRESPONDENT | 2024-04-17 00:00:00
HABIGANJ, Apr: 16: Every year, farmers become anxious about Boro paddy in haor areas of the district due to flooding in the beginning of Baishakh.Local farmers' hopes for Boro crop are shattered by global climate change.In this climate situation, the...
OUR CORRESPONDENT | 2024-04-17 00:00:00
GAIBANDHA, Apr 16: The Gaibandha Fire Service and Civil Defense Station that was established in 1962 is now plagued with various problems, including a manpower crisis.The station has remained as a second-class one since its inception, sources said.The fire station...
Woman, five children dead after boatcapsizes in Indian Kashmir SRINAGAR, Apr 16: A woman and five children were killed after a boat ferrying them across a swollen river capsized in Indian-administered Kashmir on Tuesday, officials said. Rescuers in rubber boats...
BEIJING, Apr 16 (AFP): German Chancellor Olaf Scholz said Tuesday he hoped Berlin and Beijing could help achieve a "just peace" in Ukraine, as he met President Xi Jinping in the Chinese capital.The chancellor arrived in China on Sunday, accompanied...
WASHINGTON, Apr 16 (AFP): US President Joe Biden and Iraq's Prime Minister Mohamed Shia al-Sudani said Monday they would keep working towards the withdrawal of a US-led anti-jihadist coalition in the country.Their meeting at the White House came amid soaring...
SCRANTON, Apr 16 (AFP): US President Joe Biden will draw a stark contrast with Donald Trump on Tuesday when he visits his birthplace in Scranton, Pennsylvania-while his election rival is stuck in a New York courtroom.The 81-year-old has long traded...
DUBAI, Apr 16 (AP): Heavy rains lashed the United Arab Emirates on Tuesday, flooding out portions of major highways and leaving vehicles abandoned on roadways across Dubai. Meanwhile, the death toll in separate heavy flooding in neighboring Oman rose to...
BEIJING, Apr 16 (AFP): China's foreign minister held phone discussions with his Iranian counterpart, Beijing state media said Tuesday, reporting that Iran said it was "willing to exercise restraint" after its first-ever attack on Israel's territory.Israel has vowed to respond...
In the ever-evolving landscape of the digital age, OpenAI's latest innovation, Sora, stands as a testament to the rapid advancement of technology. Unveiled on February 15, 2024, Sora sent ripples through the $100 billion content creation industry, showcasing its ability...
Juvenile gangs are nothing new in our social structure. These small, organised anti-social groups have been active in different neighbourhoods since the 1990s. However, their criminal activities have increased manifold of late. Killing, especially, has now become routine for them....
Syed Mansur Hashim | 2024-04-17 00:00:00
Regardless of what the official line may be, the MV Abdullah hijacking incident has been widely reported internationally and the conclusion is that a US$ 5.0 million ransom had been paid for the safe release of the crew and the...
Wasi Ahmed | 2024-04-17 00:00:00
So, this is where it was feared to get stuck! The Competition Commission, though officially announced, is non-functional as of now, and no one seems to know how long it will remain so. This newspaper published editorials and post-editorials soon...
On the Bangla New Year's day (April 14, 2024), came the good news that MV Abdullah, a privately-owned Bangladeshi marine cargo vessel with 23 crew members on board has finally been released by Somali pirates. Notably, the pirates hijacked the...
Muhammad Zamir | 2024-04-17 00:00:00
The last few weeks have seen several participants from different countries not only being correctly critical in the manner the United Nations Security Council (UNSC) is functioning but also in the manner Members of this important organisation are unable to...
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