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MySpace sprucing up home page

Ellen Lee | 2008-06-29 00:00:00

MYSPACE plans to begin remodeling its home on the Web Monday, simplifying how users navigate the site and design their personal profiles."This is a pretty big overhaul for us," said Steve Pearman, MySpace's senior vice president of product strategy. "We...

Europe markets close mostly lower

2008-06-29 00:00:00

LONDON, June 28 (Internet): European stock markets closed mostly lower Friday, extending losses in a global sell-off sparked by growing concerns about the economic outlook as oil prices soared to fresh records above $142.Dealers said that after a sharp fall...

Pak army attacks militants

2008-06-29 00:00:00

The Pakistani military has launched an offensive against militants near the main north-western city of Peshawar, security officials said, reports BBC.Militants have become more active in and around Peshawar in recent months, say correspondents.A contingent of troops has blocked the...

Oracle wins 2008 Telecom OSS Vendor of the Year Award

FE Report | 2008-06-29 00:00:00

Oracle has been awarded the 'Telecom OSS Vendor of the Year Award' recently at the 2008 Frost & Sullivan Asia Pacific ICT Awards ceremony in Singapore.The award recognises Oracle's exemplary Operations Support Systems (OSS) solution growth and performance for 2007...

Manekshaw's death condoled

2008-06-29 00:00:00

Awami League (AL) and some social organisations have expressed its profound sock at the death of former Indian Army Chief Field Marshal Sam Manekshaw, reports UNB.Manekshaw died of old age ailments Thursday night.Manekshaw was the chief of Bangladesh-India Allied Forces...

Manpower shortage forces BPO to refuse Tk 21.6m Titas offer for bill distribution

Mahmuda Shaolin | 2008-06-29 00:00:00

Bangladesh Post Office (BPO), hamstrung by manpower shortage, has refused a Tk 21.6 million annual offer for distribution of bills of the Titas Gas Transmission and Distribution Company Limited (TGTDCL)."We cannot receive this lucrative offer from TGTDCL due to shortage...

Draft of consumer protection ordn to be finalised this week

Naim-Ul-Karim | 2008-06-29 00:00:00

The draft of the Consumer Protection Ordinance-2008 prepared to consolidate the rights of the customers will be sent again for approval of the advisory council next week.A top official of the Ministry of Commerce Saturday said this as the government's...

Effective use of plastic waste in road surfacing

Shahiduzzaman Khan | 2008-06-29 00:00:00

Various uses of plastic products are being tested around the world. Of late, experts have witnessed that blending plastic waste with bitumen in laying tarmac could enhance road durability, drastically reduce maintenance costs, and save the country Tk 15.08 billion...

Injured Haddin returns home from WI tour

2008-06-29 00:00:00

SYDNEY, June 28 (AFP): Wicketkeeper Brad Haddin will return home from Australia's tour to the West Indies after not recovering sufficiently from a broken finger, Cricket Australia said Saturday.Haddin broke the ring finger on his right hand during the first...

Dina Ahsan joins ICB as general manager

2008-06-29 00:00:00

Ms Dina Ahsan recently joined Investment Corporation of Bangladesh (ICB) as the general manager.Prior to this joining she was the general manager of Bangladesh Krishi Bank (BKB).Ms Dina started her career by joining the ICB as a senior officer on...

Inflation, job losses keep US consumers glum

2008-06-29 00:00:00

NEW YORK, June 28 (Reuters): Consumer confidence fell more than expected in June, hitting another 28-year low as surging prices and mounting job losses contributed to a bleak outlook, according to a survey released Friday.The news agency/University of Michigan surveys...

Oil hits record highs despite Saudi output hike

2008-06-29 00:00:00

LONDON, June 28 (AFP): Oil prices hit fresh record highs above 142 dollars this week as a high-level energy summit between consumers and producers in Jeddah, Saudi Arabia, failed to dampen the red-hot market.Prices moved higher as traders concentrated on...

China builds supercomputer rivalling world's 7th fastest

2008-06-29 00:00:00

BEIJING, June 27 (Xinhua): Although missing the world's most extensive rankings for the best supercomputers, a Chinese- made high performance server rivals the 7th fastest for computing speed.Dawning 5000A, with a capability of 160 trillions of computing operations per second,...

Clintons donate to Obama campaign

2008-06-29 00:00:00

NEW HAMPSHIRE, Jun 28 (AFP) : Hillary and Bill Clinton each gave Barack Obama's White House campaign a donation of 2,300 dollars Friday to reinforce a unity drive among the star Democrats, aides said.The online donations, confirmed by Hillary Clinton...

news digest

Mandela marks 90th birthday | 2008-06-29 00:00:00

with London concertLONDON, Jun 28 : A star-studded cast of artists were celebrating Nelson Mandela's 90th birthday with a giant concert in London Friday in support of his global AIDS campaign. Queen, Amy Winehouse and Annie Lennox were among the...

Somalia tops list of world's most unstable nations

James Blitz | 2008-06-29 00:00:00

FT Syndication ServiceLONDON: Somalia has for the first time been ranked as the most unstable country in the world, while Israel has fallen into the ranks of the 60 weakest states, according to an annual assessment of the world's most...

German inflation jumps to 3.3pc, fastest pace since '93

2008-06-29 00:00:00

FRANKFURT, June 28 (AFP): German inflation picked up speed in June, jumping to an annual 3.3 per cent, the fastest pace since 1993, from 3.0 per cent in May, official figures showed yesterday.As inflation climbs and indicators point to an...

UCB celebrates 25th anniversary today

FE Report | 2008-06-29 00:00:00

The United Commercial Bank Limited (UCB), one of the first generation private banks in the country, is celebrating its 25th anniversary today (Sunday).To mark the day, various programmes have been designed to be staged at its head office and 87...

Another outlaw dies in 'encounter' in Kushtia

2008-06-29 00:00:00

Within a span of 24-hours, another outlaw was killed in an "encounter" between his cohorts and police at Houspur village in Mirpur under Kushtia early Saturday, reports UNB.The dead was identified as Anwar Hossain Selim (35), regional commander of Biplobi...

Farmers fight Tata Motor for land

2008-06-29 00:00:00

Farmers have protested the acquisition of land in eastern India for a Tata Motor plant.The farmers tried to block visiting Tata executives from entering the plant in West Bengal.Police used teargas and clubs to beat back the farmers who clashed...

Guatemala ministers die in chopper crash

2008-06-29 00:00:00

GUATEMALA CITY, Jun 28 (AFP): Guatemala's Interior Minister Vinicio Gomez and deputy minister Edgar Hernandez were among four people killed Friday in a helicopter crash, a presidential spokesperson said."We have confirmation the deceased in the accident were minister Gomez and...

Women Scientists' Assoc holds AGM

2008-06-29 00:00:00

An executive committee of Women Scientists' Association of Bangladesh (WSAB) was formed for two years with Prof Shahida Rafique, Prof Nazira Quraishi Kamal and Prof Hasin Azhari Anupama as its president, vice-president and general secretary respectively, said a press release.The...

Four-party alliance reviews political situation today after AL's decision

2008-06-29 00:00:00

The BNP-led four-party alliance is reviewing the latest political developments as it sits for a crucial meeting today (Sunday) to discuss issues tied to local government polls slated for August 4, reports UNB.Amid rival Awami League's latest decision endorsing the...

Fellowship news

Abe Fellowship | 2008-06-29 00:00:00

The Social Science Research Council (SSRC), the Japan Foundation Center for Global Partnership (CGP), and the American Council of Learned Societies (ACLS) announce the annual Abe Fellowship Program competition. Funding for the Abe Fellowship Programme is provided by CGP. Application...

SSC results and relevant issues

2008-06-29 00:00:00

A record 72.18 per cent students have come out successful in this year's Secondary School Certificate (SSC) and its equivalent -- Dhakil and vocational -- examinations. Besides, nearly 52,500 students, the highest number since the introduction of the grade average...

Maharashtra banks facing cash crunch, farmers feel heat

2008-06-29 00:00:00

BOMBAY, (Internet): Farmers in Maharashtra are worried a lot at a time when cooperative banks in Maharashtra are facing cash crunch due to high default on loans sanctioned in 2007-08. Even those eligible for fresh crop loans are also bearing...

WTO countries endorse high-stake Doha round push

2008-06-29 00:00:00

GENEVA, June 28 (Agencies): Governments negotiating a global trade treaty Friday backed what trade experts said was a "make-or-break" test of the seven-year drive to cut tariffs and subsidies that pinch exporters and constrain growth.World Trade Organisation (WTO) Director-General Pascal...

BB amends liquidity support guidelines for PDs

FE Report | 2008-06-29 00:00:00

The central bank has recently amended its guidelines relating to the liquidity support facility provided to primary dealers (PDs).Under the amended guidelines, the PDs will be provided liquidity support facility against devolved treasury bills and bonds for a maximum period...

Bangladesh A team concede defeat against Ireland

2008-06-29 00:00:00

Touring Bangladesh A team conceded a 82-run defeat against hosts Ireland A team in a Twenty20 match at the Eglington Cricket Club ground Friday, reports UNB.Batting first, hosts Ireland scored a moderate 161 for 6 in 20 overs with number...

Dollar falls as ECB rate hike expectations mount

2008-06-29 00:00:00

NEW YORK, June 28 (AFP): The dollar weathered fresh losses yesterday, despite a stronger-than-expected snapshot on consumer spending, amid expectations that eurozone interest rates will be hiked next week.The gap in US and eurozone rates-US rates are considerably lower-has already...