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US stocks-futures flat on auto rescue unease

2008-12-12 00:00:00

NEW YORK, Dec 11 (Reuters): United States (US) stock futures were little changed Thursday due to caution ahead of a likely vote in the Senate on the rescue package for US automakers.The proposal, providing up to $14 billion in loans...

Abou Doma new Banglalink CEO

2008-12-12 00:00:00

Ahmed Abou Doma has been appointed chief executive officer (CEO) of Banglalink effective from January 2, 2009, says a press release. Mr. Abou Doma currently is the marketing director of Egyptian Company for Mobile Services 'Mobinil' that he had held...

Singer receives 'Best Presented Accounts Award 2007' from SAFA

2008-12-12 00:00:00

FE ReportSouth Asian Federation of Accountants (SAFA) has recently announced the Best Presented Accounts Award 2007. Singer Bangladesh Limited, one of the leading retailing and manufacturing companies engaged in consumer electronics, household appliances and cables was awarded the 'Best Presented...

China leaders draft 2009 macroeconomic policy

2008-12-12 00:00:00

BEIJING, Dec 11 (AFP): China's top leaders ended the most important economic policy gathering of the year yesterday, focusing on how to stimulate demand and create jobs in 2009 to ward off the global economic crisis. The annual Central Economic...

Citi sweeps FinanceAsia's Cash Management Awards

2008-12-12 00:00:00

Citi has been awarded Best Cash Management Bank in Asia for 2008 by FinanceAsia. 2008 marks the third consecutive year Citi has won the award. Citi has also won the award eleven out of twelve years.Citi was also awarded Best...

Nokia Siemens Networks gears up for WiMax take off

2008-12-12 00:00:00

Nokia Siemens Networks continues to execute on its strategy of building the industry's most innovative and cost-effective WiMax platform based on a flat architecture so that operators can deploy the most advanced infrastructure available, says a press release.The company has...

India maintains Pakistan link to Mumbai attacks

2008-12-12 00:00:00

NEW DELHI, Dec 11 (Agencies): India's top law enforcement official Thursday said suspicion points "unmistakably" to a Pakistani link to the Mumbai terrorist attacks.India's Home Minister Palaniappan Chidambaram has continued to suggest Pakistani involvement in Mumbai.India's Home Minister Palaniappan Chidambaram...

Iran summons French envoy over Sarkozy's remarks

2008-12-12 00:00:00

TEHRAN, Dec 11 (AFP): Iran has summoned the French envoy to Tehran to protest at critical comments by President Nicolas Sarkozy about his counterpart Mahmoud Ahmadinejad, state television reported Thursday. Sarkozy, whose government has taken a tough stance against Tehran...

New Canada Liberal leader threatens Stephen Harper

2008-12-12 00:00:00

OTTAWA, Dec 11 (Reuters): Newly minted Canadian Liberal leader Michael Ignatieff warned Prime Minister Stephen Harper Wednesday he is prepared to topple the minority Conservative government but he also opened the door to compromise.Ignatieff said he was willing to form...

Rwanda, DR Congo accused of helping rebels

2008-12-12 00:00:00

Rwanda and the Democratic Republic of Congo have both been directly helping rebels fighting in eastern DR Congo, according to a draft report for the UN, report agencies.Rwanda is accused of supplying aid and child soldiers to Tutsi rebels. Rwanda...

Diabetes drugs 'double bone risk'

2008-12-12 00:00:00

Long-term use of a class of drugs for type 2 diabetes doubles a woman's risk of breaking a bone, research suggests, reports BBC.Thiazolidinediones, including rosiglitazone and pioglitzone, had already been linked to a raised risk of fractures, as well as...

90 Sri Lankan troops killed

2008-12-12 00:00:00

COLOMBO, Dec 11 (AFP): Sri Lanka's Tamil Tigers say they have killed at least 90 government soldiers while beating back an army advance towards their northern political capital, a pro-rebel website said Thursday. Heavy fighting outside the town of Kilinochchi,...

UN sanctions for Pakistan group

2008-12-12 00:00:00

The UN Security Council has added four leaders of a Pakistani group to a list of people facing sanctions for links with al-Qaeda and the Taleban, reports BBC.The leaders belong to the militant Lashkar-e-Taiba group which has been blamed for...

Rebels freed in India jail break

2008-12-12 00:00:00

Separatist rebels have broken into a jail in India's north-eastern state of Assam and freed three of their jailed comrades, officials have said, reports BBC.The rebels belong to the "Black Widow" group that is fighting for an independent homeland for...

news digest

2008-12-12 00:00:00

New proposals for compromise plan on climate change at EU summit BRUSSELS, Dec 11(AFP): Poland was set to benefit from a new compromise plan on climate change, AFP learned late Wednesday, hours before EU leaders were set to begin two...

England fall after Strauss ton

2008-12-12 00:00:00

Andrew Strauss hit a superb 123 but England collapsed from 164-1 to close day one of the first Test on 229-5 as India came roaring back in Chennai, BBC reports. Strauss, who put on 118 for the first wicket with...

Flynn shores up shaky top order

2008-12-12 00:00:00

The changes made by New Zealand's new coach, Andy Moles, in the wake of the batting disasters in Australia ensured the team held the edge over West Indies on a truncated opening day at the University Oval. His decision to...

We deserved to lose, says Wenger

2008-12-12 00:00:00

Arsenal boss Arsene Wenger admitted his side were second best after their 2-0 defeat at FC Porto cost them top spot in Champions League Group G, reports BBC. "We lost the match and came second. Porto were stronger than us,"...

Man U draw with Aalborg

2008-12-12 00:00:00

Manchester United were held to a draw by Aalborg at Old Trafford - but still topped their Champions League group, reports BBC. Carlos Tevez gave United the lead after three minutes when he slid in a perfect pass from Ryan...

Mendis to miss Bangladesh Tests

2008-12-12 00:00:00

Ajantha Mendis, the Sri Lankan spinner, will miss the two-Test series in Bangladesh, which begins on December 26, after injuring his ankle while bowling for Army SC in his first match of the domestic season against Tamil Union last weekend....

PCB out to save India Test series

2008-12-12 00:00:00

KARACHI, Dec 11 (Reuters) : Pakistan Cricket Board (PCB) chairman Ejaz Butt was given government clearance Thursday to visit India in what is seen as a desperate bid to salvage the Test series between the countries scheduled to start on...

Bolt vows to be ready for Powell, Gay in 2009

2008-12-12 00:00:00

KINGSTON, Dec 11(AFP): Olympic double sprint champion Usain Bolt expects fellow Jamaican Asafa Powell and American Tyson Gay to mount major challenges in 2009 but vows he is ready to keep either from taking charge. Gay, the 2007 double world...

Exhibition cricket match on Dec 16

2008-12-12 00:00:00

Bangladesh Cricket Board (BCB) has arranged an exhibition cricket match on December 16 at Dhanmondi Cricket Stadium on the occasion of the Victory Day, reports UNB. Shaheed Jewel XI will play Shaheed Mustaque XI in the match, a regular event...

Asian Junior Chess Elin earns 3 points

2008-12-12 00:00:00

Mohammad Imran Ali Elin of Bangladesh earned three points after the 6th round matches of the Asian Junior Chess Championship held in the Indian city of Chennai Thursday, reports UNB.Fide Master Minhazuddin Ahmed Sagar earned 2.5 points while Rezaul Islam...

Real brush Zenit aside with Raul double

2008-12-12 00:00:00

MADRID, Dec 11 (Reuters): Real Madrid striker Raul extended his Champions League goals tally to 64 with a double in a 3-0 victory over Zenit St Petersburg in Group H Wednesday which handed new coach Juande Ramos a winning start.Raul,...

Desailly backs Gallas to stay at Arsenal

2008-12-12 00:00:00

LONDON, Dec 11(AFP): Marcel Desailly insists William Gallas still has a future at Arsenal despite his blast at Arsenal's under-achieving stars. Desailly knows Gallas well after playing alongside the Gunners star with France and Chelsea. Gallas was stripped of the...

Strict application of law essential to check women repression: CA

2008-12-12 00:00:00

Chief Adviser (CA) Dr Fakhruddin Ahmed Thursday said strict application of law is equally essential as change of mindset, values and morality is necessary to check repression on women, reports UNB.The head of the caretaker government made the remark at...

No country can claim to be role model in Human Rights: French ambassador

2008-12-12 00:00:00

French Ambassador to Bangladesh Charley Causeret Wednesday said no country could claim to be a role model in the area of Human Rights as none could claim to perfectly uphold Human Rights, reports UNB.He made the remarks at a function...

Eighteen killed in separate road accidents

2008-12-12 00:00:00

Eighteen persons were killed and 21 others injured in separate road accidents across the country, reports BSS. Three persons were killed and three others injured in a road accident at Jugibari area on Satkhira-Jessore road under Kalaroa Upazila of the...

BAPEX likely to sign deal with Chinese co for procuring drilling rig

2008-12-12 00:00:00

Bangladesh Petroleum Exploration and Production Company (BAPEX) is likely to sign contract with a Chinese company to procure a new drilling rig to expedite its hydrocarbon exploration programme across the country, reports UNB.According to official sources, Superstructure, a Chinese company,...