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Alibaba.com raises $1.5 billion in IPO

2007-10-28 00:00:00

HONG KONG, Oct 27 (AP): Alibaba.com Limited, one of China's fastest-growing technology companies, reached its goal of raising US$1.50 billion in its initial public offering (IPO) Saturday, people close to the deal said. Alibaba, an e-commerce portal, sold 858.9 million...

BEA, Oracle remain at odds as deadline approaches

2007-10-28 00:00:00

SAN FRANCISCO, Oct 27 (AFP): Business software giant Oracle remained at odds Friday with BEA Systems over a potential takeover bid after the two rivals exchanged letters holding firm to their positions over the price for BEA. BEA executive William...

Wall Street climbs wall of worry, eyes Fed decision

2007-10-28 00:00:00

NEW YORK, Oct 27 (AFP): Wall Street has regained some of its upward momentum as investors look past the latest economic and corporate woes and pin their hopes on an easier money policy from the Federal Reserve. Analysts say the...

Bhutto arrives at her ancestral home

2007-10-28 00:00:00

GARHI KHUDA BAKSH, (Pakistan) Oct 27 (agencies): Former Prime Minister Benazir Bhutto visited her ancestral village Saturday and paid homage at her father's tomb, her first trip outside Pakistan's biggest city since an assassination attempt against her killed 143 people...

Poor air from wildfires a health threat

2007-10-28 00:00:00

LOS ANGELES, Oct 27 (Agencies): Even as many of the wildfires in flame-ravaged Southern California died down and residents returned home, lingering dust and soot-laden air made it difficult for many to breathe even a sigh of relief Saturday. Air...

Dengue fever outbreak hits Asia

2007-10-28 00:00:00

HANOI, Oct 27 (Agencies): The worst outbreak of dengue fever in years has hit Southeast Asia, prompting the World Health Organisation to call for better prevention campaigns as experts question whether global warming is partly to blame. Cambodia, Indonesia, Vietnam...

11,000-year-old artefacts uncovered in Syria

2007-10-28 00:00:00

DAMASCUS, Oct 27 (AFP): Deep in the heart of northern Syria, close to the banks of the Euphrates River, archaeologists have uncovered a series of startling 11,000-year-old wall paintings and artefacts. "The wall paintings date back to the 9th millennium...

Canadian draft law bars veiled women from voting

2007-10-28 00:00:00

OTTAWA, Oct 27 (AFP): A new draft law introduced by Canada's Conservative government Friday would bar Muslim women from voting if they show up at polling places with a veiled face. The measure was proposed in the wake of the...

Bomber kills four at US base in Afghanistan

2007-10-28 00:00:00

KABUL, Afghanistan, Oct 27 (Agencies): A suicide bomber detonated his explosives at the entrance to a US base in eastern Afghanistan on Saturday, killing three Afghan soldiers and one Afghan civilian, a US official said. Initial reports indicated the bomber...

news digest

2007-10-28 00:00:00

17 killed in Maoist rebel attack in India RANCHI, (India), Oct 27 : At least 17 people, including a former minister's son, were killed overnight when Maoist rebels opened fire on a group of football spectators in eastern India, a...

Seek own ways to get correct news

2007-10-28 00:00:00

Anti-corruption Commission (ACC) Chairman Hasan Mashhud Chowdhury Saturday urged journalists to seek their own ways to get the correct news without being shackled by the Official Secrecy Act and certain other laws and government rules.The ACC chairman said this while...

Zillur urges govt to take action against Jamaat-Shibir soon

2007-10-28 00:00:00

Awami League (AL) acting president Zillur Rahman Saturday urged the government to take action against Jamaat-Shibir and its patrons, who were responsible for the carnage on October 28 last year.Recalling the incidents of October 28 in a statement, Zillur Rahman...

Classes at DU, RU, JU resume today

2007-10-28 00:00:00

DU CorrespondentClasses resume today (Sunday) at Dhaka, Rajshahi and Jagannath Universities amid strict security measures after a 66-day unscheduled closure including Eid and Durga Puja vacations. Academic activities of Jahangirnagar University resumed Saturday.University sources said most of the students of...

JCD leader held in Bhola

2007-10-28 00:00:00

BHOLA, Oct 27 (UNB): Navy-led joint forces arrested a local Jatiyatabadi Chhatra Dal (JCD) leader from a market in the district town Saturday.The joint troops raided Zia Super market at about 11:30 am and arrested Al-Amin from there. Navy sources...

Hasina may be quizzed in graft case tomorrow

2007-10-28 00:00:00

Detained former premier and Awami League president Sheikh Hasina is likely to be quizzed tomorrow (Monday) in connection with a graft case involving a barge-mounted power plant, reports UNB.Sources said a team of the Anti-corruption Commission could interrogate her at...

EC's dialogue with NAP (Muzaffar) in city today

2007-10-28 00:00:00

National Awami Party (NAP-Muzaffar) will place a 31-point reform proposal at the dialogue on electoral reforms with Election Commission (EC) today (Sunday), reports UNB. The reform proposal is being prepared in the light of AL-led 14-Party's 31-point proposal that was...

NGOs call for involving local govt institutions to success of PEDP

2007-10-28 00:00:00

A group of Non-Government Organisations (NGOs) suggested their involvement, that of the local government institutions and the civil society in the development of primary education under the PEDP-II, reports UNB.Briefing newsmen at the Reporters Unity in the city Saturday they...

Schoolboy killed after adduction

2007-10-28 00:00:00

GAZIPUR, Oct 27 (UNB): Body of a schoolboy was recovered from Tongi area of the district Saturday after 10 days of his adduction.The dead was identified as Enzamul Haque Sumon, a student of class six of Srishti Central School in...

Fire guts 60 shops, houses in city

2007-10-28 00:00:00

Valuables of some 60 houses and shops were gutted when a devastating fire broke out in a city's residential area at Paschim Katashur under Mohammadpur thana Saturday, reports UNB.Fire brigade sources said the blaze originated from an electric short circuit...

Women's Medical College Hospital opens today

2007-10-28 00:00:00

SYLHET, Oct 27 (UNB): Sylhet Women's Medical College Hospital, the first women medical college in the division, will launch its activities today (Sunday) through providing "one stop" service to the patients.Foreign Adviser Iftekhar Ahmed Chowdhury will inaugurate the 250-bed hospital,...

46 sacks of urea fertiliser seized

2007-10-28 00:00:00

JAMALPUR, Oct 27 (UNB): Some 46 sacks of urea fertiliser were seized from Debraipyach area of Islampur Upazila Thursday afternoon.Police said local people, on suspicion, intercepted a rickshaw and a rickshaw-van in the area in the afternoon. But at one...

United Int'l University arranges orientation programme

2007-10-28 00:00:00

FE ReportAn orientation programme for the newly admitted students of Fall Semester-2007 of the United International University (UIU) was held on its campus in the city recently.A total of 400 newly admitted students of the university took part in the...

Aman plants affected by bacteria in Jhalakati

2007-10-28 00:00:00

JHALAKATI, Oct 27 (UNB): Aman plants on 1,500 hectares of land in three upazilas of the district, out of four, have been affected by bacterial leaf blight.Sources said the farmers in the district have started the aman paddy cultivation on...

Dhaka takes command over Khulna with overall 254-rund lead

2007-10-28 00:00:00

Holders Dhaka Division took command in the 2nd round four-day match of the Ispahani Mirzapore Tea 9th National Cricket League against Sylhet Division with overall 254-run lead on the 2nd day at the Shaheed Chandu Stadium in Bogra Saturday, reports...

Bangladesh play away match against Tajikistan today

2007-10-28 00:00:00

Bangladesh will play their away match of the 2010 World Cup pre-qualifiers against Tajikistan at the Dushanbe Stadium today (Sunday) at 3pm Bangladesh time.An 18-member Bangladesh national football team, which comprise 16 booters and two officials, reached Tajik capital Dushanbe...

Bangladesh Kabaddi team leaves for Macao

2007-10-28 00:00:00

A 12-member Bangladesh National Kabbadi team left here for Macao Saturday to take part in the 2nd Asian Indoor Games with a hope to win at least one medal, reports UNB.Bangladesh will compete in two disciplines -- Kabaddi and Cue...

Long wait over as Ballack returns to training

2007-10-28 00:00:00

BERLIN, Oct 27 (AFP): German captain Michael Ballack is back in training with Chelsea, six months after the midfielder first damaged his ankle playing for the English giants.Much has changed at Stamford Bridge since Ballack, 31, injured his ankle in...

Bangladesh beat Australia by three wickets; lost to All Stars team, SAfrica

2007-10-28 00:00:00

Bangladesh earned a convincing three-wicket victory over Australia in a Sobers Group match of the Hong Kong International Cricket Sixes played at the Kowloon Cricket Club ground in Hong Kong Saturday, reports UNB.Batting first, Australia scored 64 runs in five...

Govt scales down economic growth projection to 5.5pc

2007-10-28 00:00:00

Shakhawat Hossain The government has scaled down the economic growth projection for the current fiscal year (2007-08) by 1.5 per cent to 5.5 per cent due to the recent floods and the negative impact of the ongoing anti-graft drive on...

Is economy heading towards stagflation?

2007-10-28 00:00:00

Moazzem HossainIs the economy getting in the throes of stagflation -- a situation marked by inflationary conditions amid slowed-down, if not stagnating, pace of activities in its real sectors?Despite the efforts by the caretaker government to resuscitate the flood-damaged economy,...