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Canada rethinks foreign takeovers

2007-10-11 00:00:00

Canada could subject foreign takeovers of domestic companies to a "national security test" as part of a rethink of overseas ownership of key assets, reports BBC. Ministers said they would promptly look at new guidelines for foreign takeovers which would...

Prices were slightly easier

2007-10-11 00:00:00

FE ReportThere was a larger volume on offer in the week but well absorbed by the market. However, prices were slightly easier compared to previous week particularly for the best. Blenders were active along with more interest from the Loose...

China oil company eyes car boom

2007-10-11 00:00:00

CNOOC, China's third-largest oil producer, says it has opened its first petrol station as the firm seeks to tap into the country's booming car market, reports BBC. The petrol station, in Guangdong province, is the company's first move into the...

China oil company eyes car boom

2007-10-11 00:00:00

CNOOC, China's third-largest oil producer, says it has opened its first petrol station as the firm seeks to tap into the country's booming car market, reports BBC. The petrol station, in Guangdong province, is the company's first move into the...

Wall Street breaks more records

2007-10-11 00:00:00

The Dow Jones and S&P 500 indexes both set new record highs Tuesday after the release of the minutes of the US Federal Reserve's 18 September meeting, reports BBC. The Dow Jones Industrial Average closed up 119.91 points or 0.85...

Cadbury scraps drinks sale plan

2007-10-11 00:00:00

Cadbury Schweppes has decided to spin off its North American drinks operation after "difficult" credit conditions hampered plans for a sale, reports BBC. The company said it would now focus on listing the business - which has brands such as...

Carroll most powerful corporate woman

2007-10-11 00:00:00

PETALING JAYA, Oct 10 (AP): Cynthia Carroll, the first female and non-South African to head British mining company Anglo American, is the most powerful corporate woman in the world, according to a recent report on the 50 most powerful women...

Catalina assigned 'B+' corporate credit rating

2007-10-11 00:00:00

MUMBAI, Oct 10 (Newstex): Standard & Poor's (NYSE:MHP) Ratings Services said it assigned 'B+' corporate credit rating to Florida-based Catalina Marketing Corp with a negative outlook.S&P said the rating reflects high leverage, limited levels of expected debt repayment over the...

Astroc shares jump

2007-10-11 00:00:00

MADRID, Oct 10 (Bloomberg): Astroc Mediterraneo SA, Spain's worst-performing stock this year, gained as much as 25 per cent in Madrid trading after Grupo Rayet SL announced a plan to increase its stake in the real estate company to more...

Gono Forum demands indoor politics across country

2007-10-11 00:00:00

Gono Forum demanded of the caretaker government Wednesday to allow indoor politics across the country and alerted all about any evil design to spoil the national unity, reports UNB.The party of Dr Kamal Hossain also demanded of the government to...

UN urged to take step for free movement of labourers

2007-10-11 00:00:00

NEW YORK, Oct 10 (UNB): Bangladesh has called upon the United Nations (UN) to renew international efforts to facilitate the free movement of labourers and creation of large-scale overseas employment opportunities for the citizens of developing countries, particularly least developed...

Afghan govt hopeful about release of kidnapped BRAC official

2007-10-11 00:00:00

The government of Afgha-nistan has informed the Bangladesh Rural Advance-ment Committee (BRAC), a Dhaka-based international non-government organisation (NGO) that the release of its abducted official Noor Islam, a Bangladeshi citizen, from the captors is bright.BRAC Executive Director Dr Mahbub Hossain...

Law adviser refuses to explain

2007-10-11 00:00:00

Law Adviser Mainul Hosein refused Wednesday to explain his remark, as demanded by a senior Awami League (AL) leader, on the interim government's alleged plan to exile two former prime ministers. "The comment that I had made about Sheikh Hasina...

Joint forces arrest AL leader

2007-10-11 00:00:00

LAXMIPUR, Oct 10 (UNB): Joint forces arrested Poura Awami League (AL) President Ismail Hossain alias Ismail Montri from Uttar Bus Stand area in the district town Wednesday afternoon on charge of land grabbing and extortion.Joint forces source said Ismail Hossain,...

Dhaka city police fight for accommodation

2007-10-11 00:00:00

Police in the capital city are suffering from insufficient sleeping arrangements and unhygienic conditions in their barracks following years of inadequate funding and neglect. "After ensuring others' safety throughout the day we have to fight for a place to sleep....

Gold market gloomy on high prices

2007-10-11 00:00:00

High gold price continuing for the last 28 years globally has cast a pall of gloom over the local market ahead of the festive season, dampening the demand of the precious metal, reports bdnews24.com. The purchasing capacity of the potential...

Harvest of early rice continues in Rangpur

2007-10-11 00:00:00

RANGPUR, Oct 10 (BSS): Farmers with the help of government and non-government organisations continued harvesting the cultivated early variety BRRI Dhan 33 variety T-Aman paddy on over 700 acres of land in the poverty-prone greater Rangpur districts, officials said.Bangladesh Rice...

PDB's due arrears amount to Tk 40.19b

2007-10-11 00:00:00

Power Development Board (PDB) is owed Tk 40.19 billion in outstanding arrears by different government and private institutions, according to a PDB estimate, reports bdnews24.com. The unpaid dues have piled up since PDB was established in 1991, and amounts to...

Seven killed in separate incidents

2007-10-11 00:00:00

Seven persons were killed and many others injured in separate incidents in different places of the country during the last two days, report agencies.In Laxmipur, two children were killed and five other people injured in three separate road accidents on...

Ctg city roads need reconstruction

2007-10-11 00:00:00

Our CorrespondentCHITTAGONG, Oct 10: Most of the city roads are in a very deplorable state and have become quite unfit for movement of pedestrians and vehicular traffic. It is alleged that the contractors do not supply adequate quantities of bitumen...

13th death anniversary of SM Sultan observed

2007-10-11 00:00:00

NARAIL, Oct 10 (BSS): The 13th death anniversary of noted artist SM Sultan was observed today in a befitting manner. The SM Sultan Foundation and the district administration chalked out an elaborate programme to observe the day. As part of...

Obituary

2007-10-11 00:00:00

Deputy Managing Director, Oman Bangladesh Leasing & Finance Limited Asadul Hoque MBA breathed his last recently. He was 57.Members of IBA Alumni Association mourn the sad demise of the distinguished person and pray for eternal peace of his soul. They...

Death anniversary

2007-10-11 00:00:00

The eighth anniversary of death of Asiruddin Ahmed, retired co-operative inspector of Rangpur will be observed Friday. Quran Khwani, Doa and Iftar Party have been arranged after Asr prayers at deceased's residence at "Ahmad", House No. - 3, Road No....

Smith gives SA big lead

2007-10-11 00:00:00

LAHORE, Oct 10 (BBC): Graeme Smith put Pakistan in an unenviable position at stumps on day three of the second Test in Lahore. Smith hit an unbeaten 75 as South Africa reached 154-2 to lead by 305. It means Pakistan...

Euro Famous emerge champion

2007-10-11 00:00:00

Euro Famous Club emerged champions in the Metropolis Third Division Football League beating Gazirchot Sporting Club by 3-1 goals in the title deciding match at the Bangabandhu National Stadium in the city Wednesday, reports UNB.The fate of the match was...

Tendulkar set for 400th one-dayer

2007-10-11 00:00:00

VADODARA, Oct 10 (BBC): India superstar Sachin Tendulkar will Thursday become the second player to feature in 400 one-day internationals. Tendulkar will open the batting against Australia in the fifth match of the seven-ODI series against Australia, with the tourists...

Sangakkara, Silva help SL to modest 211

2007-10-11 00:00:00

COLOMBO, Oct 10 (Reuters): Kumar Sangakkara and Chamara Silva rescued Sri Lanka with a 126-run partnership as the team scored a modest 211 for nine in the fourth one-day international against England Wednesday. Sangakkara (69) and Silva (67) both shook...

Italians lead the running for FIFA World Player award

2007-10-11 00:00:00

BERNE, Switzerland, Oct 10 (Reuters): Five members of Italy's 2006 World Cup winning side have been named on the 30-strong shortlist for FIFA's 2007 World Player of the Year award. Last year's winner Fabio Cannavaro features once again alongside team-mates...

England expect double duty from Owen

2007-10-11 00:00:00

LONDON, Oct 10 (AFP): Steve McClaren has signalled his intention to ignore Newcastle's anxiety over Michael Owen and ask the injury-prone striker to lead England's attack against both Estonia and Russia. Estonia should not present Wayne Rooney and co. with...

Liverpool plan to swoop for Brazilian striker Alves

2007-10-11 00:00:00

LONDON, Oct 10 (AFP): Liverpool boss Rafael Benitez is being linked Wednesday to a January move for Dutch club Heerenveen's Brazilian front man Afonso Alves. The rumours are bound to fuel rumours that Peter Crouch is on his way out...