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Turkey’s central bank lifts key rate to 45pc

2024-01-26 00:00:00

ISTANBUL, Jan 25 (AFP): Turkey's central bank on Thursday delivered what it said was the final interest rate hike of a historic tightening cycle that more than quintupled borrowing costs to fight record inflation.The bank lifted its policy rate to...

India’s private banks hold on to loan growth target

2024-01-26 00:00:00

MUMBAI, Jan 25 (Reuters): Indian private banks expect growth in loans to sustain in the "high teens" over the next fiscal year despite a struggle to raise deposits and tougher capital requirements imposed by the central bank.In November, the Reserve...

ECB keeps rates unchanged at record high

2024-01-26 00:00:00

FRANKFURT, Jan 25 (Reuters): The European Central Bank (ECB) kept interest rates unchanged as expected at a record high on Thursday and reaffirmed its commitment to fighting inflation, giving not a hint that policymakers are starting to contemplate policy easing.The...

Banks awarded as highest taxpayers -

2024-01-26 00:00:00

Lloyds to cut around 1,600 branch jobs in digital switch

2024-01-26 00:00:00

LONDON, Jan 25 (Reuters): Britain's biggest domestic bank Lloyds is cutting around 1,600 roles across its branch network, a spokesperson for the lender said on Thursday, as part of an overhaul to provide more services online.The cuts are part of...

Mega offer for Islami Bank clients on medical services

2024-01-26 00:00:00

Islami Bank Foundation has recently announced mega offer for the Debit Card, Khidmah Credit Card and Cellfin users of Islami Bank Bangladesh PLC on medical services and lab tests at the Islami Bank Hospital & Cardiac Centre at Mirpur and...

UNION BANK HOLDS ANNUAL BUSINESS CONFERENCE

2024-01-26 00:00:00

The Annual Business Conference 2024 of Union Bank PLC was held in Dhaka on Thursday. Managing Director & CEO of the bank ABM Mokammel Hoque Chowdhury presided over the conference while Chairman of the bank Prof Dr Md Salim Uddin...

Miniso Bangladesh wins award

FE REPORT | 2024-01-26 00:00:00

Miniso Bangladesh has achieved an award at Miniso Global Conference held at the Intercontinental Exhibition Center in Guangzhou of China.Miniso organised the highly-esteemed global conference with participation of more than 100 countries and 3,000 people to celebrate one decade of...

Int'l Customs Day today

2024-01-26 00:00:00

The International Customs Day 2024 will be observed in the country today (Friday) as elsewhere in the world with the theme "Customs Engaging Traditional and New Partners with Purpose", reports BSS.Marking the day, the National Board of Revenue (NBR) will...

USAID eyes greater engagement with private sector

FE REPORT | 2024-01-26 00:00:00

USAID Bangladesh is eager to increase its engagement with the private sector to contribute to the country's growth and investment, according to USAID Mission Director Reed J Aeschliman.At a luncheon meeting hosted by the American Chamber of Commerce in Bangladesh...

EasyJet sees strong summer despite ME instability

2024-01-26 00:00:00

LONDON, Jan 25 (Reuters): British airline easyJet on Wednesday forecast a smaller first-half loss and strong summer bookings, boosting its shares despite a writedown of about 40 million pounds ($51 million) due to the conflict in the Middle East.The low-cost...

Oil rises on US crude stock fall, Red Sea attack

2024-01-26 00:00:00

LONDON, Jan 25 (Reuters): Oil prices rose on Thursday after data showed US crude stockpiles fell more than expected last week and a fresh attack by Houthi forces on ships off Yemen's coast underscored the peril facing trade in a...

French farmers block roads, dump produce in protest against cheap imports

2024-01-26 00:00:00

AGEN, France, Jan 25 (Reuters): Farmers blocked highways across France and dumped crates of foreign-grown vegetables on Thursday as they pressed the government to protect them from cheap imports, rising costs and red tape.Farmers said the protests, now in their...

Real Madrid take top spot in football's 'Money League'

2024-01-26 00:00:00

LONDON, Jan 25 (AFP): Real Madrid have climbed to the top of football's 'Money League' as the Spanish side surpassed Manchester City to become the highest revenue-generating club in 2022-23.For the first time since 2017-18, Real are in pole position...

Shoaib Malik's BPL campaign abruptly ends

2024-01-26 00:00:00

Pakistan's star all-rounder, Shoaib Malik, will no longer be part of the remaining matches in the ongoing Bangladesh Premier League (BPL) season, as confirmed by his team, Fortune Barishal, reports UNB.Following Barishal's last match in the initial Dhaka phase of...

Jaiswal leads India's reply after attacking 70 from Stokes

2024-01-26 00:00:00

HYDERABAD, Jan 25 (AFP): Opener Yashasvi Jaiswal led India's charging reply to England's 246, which had been driven by captain Ben Stokes's half-century on an all-attacking opening day of the first Test on Thursday.The hosts were 119-1 at stumps in...

Brigadier General Mohammad Ashrafuzzaman Siddiqui speaking at a press conference

2024-01-26 00:00:00

Brigadier General Mohammad Ashrafuzzaman Siddiqui speaking at a press conference at Dhaka Regency Hotel in the city on Thursday on the occasion of Bangabandhu Sheikh Mujib Dhaka Marathon 2024 that begins today (Friday) — ISPR

Sabalenka storms past Gauff into Australian Open final

2024-01-26 00:00:00

MELBOURNE, Jan 25 (AFP): Formidable world number two Aryna Sabalenka blasted past Coco Gauff into the Australian Open final on Thursday to keep her title defence on track.The Belarusian tamed the fourth seed 7-6 (7/2), 6-4 in one hour and...

Shakib diagnosed with retinal condition in left eye

2024-01-26 00:00:00

Cricketer Shakib Al Hasan has been diagnosed with a retinal condition in his left eye, reports UNB. This medical update of Shakib Al Hasan comes after the player reported visual-function concerns, said a Bangladesh Cricket Board (BCB) media release on...

BPL Sylhet phase begins today

2024-01-26 00:00:00

The Sylhet phase of the ongoing 10th edition of the Bangladesh Premier League (BPL) is set to commence today (Friday) with a match between Khulna Tigers and Rangpur Riders, reports UNB.The BPL had a two-day break after the first phase...

Youth killed in Bogura road accident

2024-01-26 00:00:00

BOGURA, Jan 25 (BSS): A youth was killed and another injured as a passenger bus hit a motorcycle in Dupchanchia upazila of the district on Thursday.The deceased were identified as Jahid Hasan (22), hailing from Majinda area in the upazila.Officer-in-Charge...

Two crushed under trains in two dists

Two crushed under trains in two dists | 2024-01-26 00:00:00

DINAJPUR, Jan 25 (UNB): A college student died after jumping off a moving train, and being crushed by its wheels in Birampur upazila of Dinajpur on Thursday morning.The dead is Nur Mohammad Rabbani (28) of Kutubpur village in Nawabganj upazila...

Boro production cost rises on higher labour wage in Gaibandha

OUR CORRESPONDENT | 2024-01-26 00:00:00

The cost of Boro paddy production has risen due to higher labour and rise in pesticide costs in Gaibandha this season.The growers said due to acute shortage of farm labourers, wages of workers have increased, leading to the rise in...

Ctg DC Park turns into ‘Miracle Garden’

2024-01-26 00:00:00

CHATTOGRAM, Jan 25 (UNB): DC Park in Chattogram's Fouzdarhat has become place of attraction for city dwellers for vibrant display of colourful flowers along the sea beach after the district administration developed the park inspired by Dubai's renowned Miracle Garden....

News in Brief (2024-01-26)

2024-01-26 00:00:00

Ukraine calls on UN, Red Cross to inspect Russian plane crash siteKYIV, Jan 25: Ukraine on Thursday said it had asked the United Nations and the International Committee of the Red Cross to inspect the site where Moscow claimed a...

Woman held for taking pet lion on car ride

2024-01-26 00:00:00

BANGKOK, Jan 25 (BBC): Police in Thailand have arrested a woman whose pet lion was pictured going on a joyride in the streets of Pattaya. A video that has now gone viral shows the chained lion cub seated in the...

Scandal threatens prospects of ruling party in Apr polls

2024-01-26 00:00:00

SEOUL, Jan 25 (BBC): The controversy over South Korean First Lady Kim Keon Hee allegedly accepting a luxury bag gift has thrown its ruling People Power Party (PPP) into disarray.Spy camera footage released late last year appeared to show a...

NATO's largest military exercise since Cold War begins

2024-01-26 00:00:00

NEW YORK, Jan 25 (Reuters): The US Navy dock landing ship Gunston Hall left port on Wednesday to mark the first movement for the largest NATO exercise since the Cold War, officials said.Some 90,000 troops from the United States and...

US to begin talks with Iraq on troop withdrawal soon

2024-01-26 00:00:00

NEW YORK, Jan 25 (TASS): The United States and Iraq will soon begin talks on the withdrawal of US troops from this Middle Eastern country, CNN reported citing sources familiar with the matter.According to the report, "the US and Iraq...

Qatar trying for new Gaza truce

2024-01-26 00:00:00

NEW YORK, Jan 25 (TASS/ AP/AFP/ BBC): Qatar has sent its proposed draft ceasefire deal to Israel and Palestine's Hamas group, Bloomberg reported citing sources familiar with the negotiations.In their words, the plan envisages the release of all hostages held...