Southwest Airlines abandoned its longstanding first-come-first-served approach to seating yesterday, giving business travellers, who pay the highest fares, first choice in boarding. Those travellers will also receive extra frequent-flier credits and a free alcoholic beverage, in a move the airline...
BANGALORE, Nov 8 (AFP): Tirunelveli and Trichy, Durgapur and Dankuni hardly trip off the tongue of most Indian IT professionals living in the established hot spots of the information technology industry. But these small backwoods towns have joined the race...
BEIJING, Nov 8 (Reuters): China, the third country to put a man into space aboard its own rocket, will open part of the second stage of its moon mission projects to private funding, a newspaper said today. As part of...
WELLINGTON, Nov 8 (AFP): New Zealand's unemployment rate hit a record low of 3.5 per cent in the September quarter, the lowest rate since the current measure was adopted in 1986, Statistics New Zealand said. New Zealand's unemployment rate is...
SINGAPORE, Nov 8 (AP): Oil prices fell below $96 a barrel Thursday as a report showing a smaller-than-expected drop in U.S. crude supplies prompted traders to pocket gains from the recent rally. Oil prices had surged to a record above...
FE ReportGrameenPhone (GP) signed an agreement with Dhansiri Media Production House to provide complete communication facilities under its Business Solutions package.Dhansiri Media Production House Managing Director Shomi Kaiser and GP Dhaka Region Head (commercial division) Sajjad Alam signed the agreement...
MUNICH Nov 8 (Reuters): Industrial group Siemens (SIEGn.DE) delivered stronger quarterly results than expected, raised profitability targets and announced a 10 billion-euro ($14.6 billion) share buyback programme. Siemens shares rose as much as 5.5 percent against weak European markets Thursday...
Rome, Nov 8 (Internet): Global cereal prices, which continued to rise this year, are expected to remain high in 2008, pushing up retail prices for basic foods such as bread, pasta, meat and milk, a United Nations Food and Agriculture...
TOKYO, Nov 8 (AFP): The dollar hovered close to record lows against the euro in Asian trade today as players fretted about the subprime loan crisis and awaited European interest rate decisions, dealers said. They said the greenback tumbled against...
TOKYO, Nov 8 (Reuters): Gold fell Thursday after sharp price swings the previous day, but underlying sentiment stayed bullish with investment funds looking to buy on dips due to a tumbling dollar and record high oil prices. -- Gold hit...
FE ReportExecutive Director (Financial) Jacob Matthews and Executive Coordinator Alexane Ghestern of East Invest Private Equity Ltd, a UK-based equity company, visited Bangladesh recently. Both of them have agreed to buy the Oriental Bank Ltd as part of their investment...
FE ReportThe 98th branch of National Bank Limited (NBL) was inaugurated in the city's Progati Sarani area recently.Chairperson of the bank Parveen Haque Sikder formally inaugurated the branch, said a press release. Speaking at the inaugural function, the chairperson said...
FE ReporterSocial Investment Bank Ltd (SIBL) management, with co-operation from all concerned, achieved significant progress in all the indices of the directives of Bangladesh Bank (DOBB), said a press release.A great change has occurred in the financial base of the...
FE ReportThe Asset Management Co Ltd (AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), has declared the net asset values (NAV) of its three unit funds.The total NAV of ICB AMCL First Mutual Fund stood at Tk 15,34,39,663.07 on...
FE ReportThe Hongkong and Shanghai Banking Corporation (HSBC) Ltd, Bangladesh has launched a nationwide environmental competition through an interactive session with the high school students at the Chittagong Dastagir High School in Chittagong recently.Under the programme, the HSBC staff will...
FE ReportBASIC Bank Ltd organised a five-day training course on Credit Management for its officials at the bank's training cell in the city recently, said a press release. Managing Director (MD) of the bank AH Ekbal Hossain was present on...
The current season's sugarcane crushing programme will start today (Friday) in three sugar mills- Natore Sugar Mills, Rajshahi Sugar Mills and North Bengal Sugar Mills- under the Bangladesh Sugar and Food Industries Corporation (BSFIC).BSFIC Chairman Kabir Mohammad Ashraf Alam will...
The retail prices of most of the essentials remained almost stable in the city markets Wednesday, Bangladesh Rifles (BDR) market report said Thursday, reports BSS.The prices of different vegetables, however, declined further as the supply of winter vegetables increased in...
Our CorrespondentCHITTAGONG, Nov 08: As many as 59 organisations were penalised through launching mobile court drives at Chittagong Port (CP) during last 10 months and Tk 1.9 million (19 lakh) was realised as fine from the concerned organisations.Chittagong Port Magistrate...
FE ReportA two-week Refreshers' Course for Officers Grade-I organised by the IFIC Bank Limited was inaugurated in the city on November 4.Deputy Managing Director of the bank Mohammad Abdullah inaugurated the course, said a press release.A total of 18 officers...
TOKYO, Nov 8 (AP): Asian markets fell Thursday after Wall Street posted its second big drop in a week as investors worried about the extent of fallout from the global credit crisis.Japan's benchmark index sank 2.0 per cent, while the...
FE ReportCityCell has recently organised a daylong workshop for its sales and distribution team at Spectra Convention Centre in the city, said a press release. With the theme 'Dare to Dream', the workshop was commenced by CityCell's Chief Executive Officer...
LONDON, Nov 8 (Reuters): European shares fell sharply in early trade Thursday, tracking US and Asian markets, as credit fears intensified, hurting financials.Index of top European shares was down 1.25 per cent at 1,524.20 points from the indicated close of...
FRANKFURT, Nov 8 (AP): Apple's iPhone will go on sale in Germany and Britain Friday, making its European debut four months after its launch in the United States. "We assume that the device will find a very good reception on...
NEW YORK, Nov 8 (AP): The world's largest insurer may not have invested as much in mortgage-backed assets as the world's biggest banks, but American International Group Inc.'s exposure to the rocky credit and housing markets was enough to dampen...
LONDON, Nov 8 (AFP): BHP Billiton, the world's largest miner, said Thursday it had made a takeover proposal to its next biggest rival and fellow Anglo-Australian company Rio Tinto. Rio Tinto said in a separate statement it had rejected an...
DETROIT, Nov 8 (AP): General Motors Corp. posted a company record $39 billion loss Wednesday for the third quarter, as a charge involving unused tax credits brought an abrupt end to a string of three profitable quarters for the nation's...
Dividends Aftab Automobiles: The board of directors of Aftab Automobiles has recommended 6.0per cent cash and 10 per cent stock dividends for the year that ended on August 31, '07. The annual general meeting (AGM) of the company will be...
ISLAMABAD, Nov 8 (AFP): Pakistan's government will hold elections in February and lift the state of emergency imposed by President Pervez Musharraf within one or two months, his attorney general said Thursday. The statement came after US President George W....
NEW DELHI, Nov 8 (Reuters): India's growing ties with the United States and arms deals irritants in its decades-old defence relationship with Moscow are expected to dominate India-Russia summit talks next week. Prime Minister Manmohan Singh is expected to reassure...
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