WASHINGTON, Oct 9 (Reuters): With world attention riveted on resolving a financial crisis in Western economies, World Bank President Robert Zoellick said the poverty-fighting institution is warning developing countries to prepare for tougher times.In an interview with the news agency...
WASHINGTON, Oct 9 (AP): The government says new applications for unemployment benefits dropped last week from a seven-year high, though claims remain at elevated levels due to the struggling economy.The Labour Department reported Thursday that initial claims for jobless benefits...
TOKYO, Oct 9 (Reuters): Japanese Prime Minister Taro Aso sought new ways to stimulate the economy Thursday, as a 14.5-per cent dive in machinery orders provided further evidence the global financial crisis is pushing Japan into recession.Tokyo has already prepared...
FE ReportThe USAID-funded PRICE (Poverty Reduction by Increasing the Competitiveness of Enterprises) project and the Phulpur Fish and Prawn Farmers' Association (PFPFA) announced their agreement for increasing quality aquaculture production for the domestic and export markets. Under this initiative, PRICE...
LAGOS, Oct 9 (Xinhua): Besides adoption of reform and opening-up policy, basic science and technology development provided solid foundation for China's economic growth, Osita Agbu, an expert of Nigerian Institute of International Affairs (NIIA), has said during an interview with...
WASHINGTON, Oct 9 (AFP): Finance chiefs from the world's richest nations meet in Washington Friday for a crucial but uncertain meeting at a time of unprecedented fear about the global financial system. The Group of Seven (G7) meeting will bring...
SINGAPORE, Oct 9 (AFP): Oil prices continued lower today on fears of slowing world energy demand despite government efforts to bail out the ailing global financial system, analysts said. New York's main contract, light sweet crude for delivery in November,...
BEIJING, OCT 9 (AP): China has suspended the sale and use of an herbalinjection used to treat heart disease after six people suffered adverse reactions and three died.The State Food and Drug Administration said in a notice postedlate Wednesday that...
FE ReportThis week's sale was held after a fortnightly gap and met with a good demand although buyers were a little hesitant at the start. A feature of sale was the strong interest for the good liquoring varieties. Blenders/Packeteers were...
FE ReportQatar Airways has won two more international awards, confirming its leading position as one of the top 10 airlines in the world, and also as the best carrier in the Middle East region.Results from the latest Skytrax World Airline...
TOKYO, Oct 9 (AFP): The dollar rose against the euro and the yen in Asia today as stocks in the region showed signs of stabilising after recent steep falls, dealers said. The dollar was changing hands at 99.99 yen in...
CHIBA, OCT 9 (AP): Video game rivals Sony and Microsoft are going head-to-head in virtual worlds for their home consoles later this year.Both companies announced their services, which use graphic images that represent players called "avatars," Thursday at the Tokyo...
GUANGZHOU, Oct. 9 (Xinhua): China invested a total of 12.0 billion US dollars in development of renewable energy in 2007, ranking second in the world, according to the Guangzhou- based South China Coal Trading Center. Since the 1980s, China has...
BEIJING, Oct 9 (AFP): China's government announced today 300 million yuan (43.9 million dollars) in subsidies for the nation's scandal. "In order to stabilise the breeding of dairy cows and advance the development of the dairy industry, the finance and...
TRIPOLI, Oct 9 (AFP): The Libyan government has decided to halt deliveries oil deliveries to Switzerland, the Libyan oil company Tamoil said Wednesday. "Libya has requested the company to halt all oil deliveries to Switzerland," Tamoil CEO Issam Zanati told...
SINGAPORE, OCT 9 (AP): Singapore found traces of a toxic chemical in three more Chinese-made food products, including milk powder and Cadbury-brand candies, authorities said Thursday.Singapore's Agri-Food and Veterinary Authority, known as AVA, said samples of blueberry and chocolate-flavored Cadbury...
Al Maha Desert Resort and Spa, the luxurious desert retreat owned by Emirates Hotels and Resorts, has collected yet another Conde Nast Traveller Readers Travel Award, says a press release. Jumping six places in its overall rating from last year,...
SYDNEY, Oct 9 (AFP): Australia's unemployment rate rose to 4.3 per cent in September from 4.1 per cent a month earlier, with only 2,200 new jobs added to the country's workforce, official figures showed today. The figures, released by the...
FE Report ACI Formulations Ltd, a subsidiary of ACI Ltd has submitted its documents on direct listing with the country's two stock exchanges."We have recently received the application along with necessary documents from ACI Formulations Ltd on floatation of shares...
Our CorrespondentRAJSHAHI, Oct 9: At least 2.0 million tonnes of super fine rice are being processed in fifty automatic rice mills of northwestern region of the country.The production of the super fine rice has surpassed the local demand. As a...
FE ReportShahjalal Islami Bank Limited (SJIBL) opened its 31st branch at Jessore Wednesday. The founder chairman of the bank, Sajjatuz Jumma, formally inaugurated the branch as the chief guest.Jumma said the bank is being operated by an expert team of...
Our CorrespondentCHITTAGONG, Oct 09: Teknaf landport (TLP) could not achieve its target of realisation of revenue during last few months including September last. As against the target set by the National Board of Revenue (NBR) for the month of September,...
FE ReportICB Asset Management Company Ltd (ICB AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), announced total net asset value (NAV) of its four mutual funds recently.The NAV of ICB AMCL First Mutual Fund stood at Tk 19,47,77,937.78 on...
NEW YORK, Oct 9 (PTI): With the financial turmoil ravaging world economies, Indian stocks listed on US bourses saw their value erode by nearly $12 billion in the first three days of this week and the country's leading private sector...
WASHINGTON, Oct 9 (Internet): The global slowdown will affect India too, but with a projected growth rate coming down to a "still strong" seven per cent in 2009, the International Monetary Fund (IMF) sees the Indian economy continuing to perform...
Mr Shameem Hussain and Mr Matin Uddin Ahmed Barabhuiya have been elected director and independent director respectively of Dhaka Bank Limited.They were elected at the 137th and 135th board meeting of the bank respectively held in the city recently, said...
MALE, Oct 9 (AFP): The veteran leader of the Maldives has taken the lead in the islands' first democratic election but appeared short of a majority needed to avoid a tough run-off, preliminary results showed Thursday. Incumbent President Maumoon Abdul...
WASHINGTON, Oct 09 (AP): Barack Obama spent $3.3 million in TV advertising Monday. At that rate the Democrat will spend more than $90 million on ads through Election Day - more than all the money Republican rival John McCain has...
SAN FRANCISCO, Oct 09 (AP): A Silicon Valley gene-testing startup is responding to criticism that the tests could spur bad health-care choices by teaming up for a broad study of how the results affect behavior. Navigenics Inc. charges customers $2,500...
BUDAPEST, Oct 09 (AP): The United States (US) on Thursday will push NATO allies to order their troops to target Afghanistan's thriving heroin trade in a bid to stem the flow of drug money to the widening insurgency against the...
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