FE Today Logo

Search results for:


Big media rallies on signs of end to Hollywood writers' strike

2023-09-26 00:00:00

Hollywood studios heaved a sigh of relief on Monday as a tentative deal with striking screenwriters raised hopes of business returning to normal after five months of disruption, reports Reuters.Those expectations lifted the shares of studio owners Warner Bros Discovery,...

Global shares drop, dollar rises ahead of make-or-break inflation data

2023-09-26 00:00:00

LONDON, Sept 25 (Reuters): Global shares fell on Monday, extending last week's slide as central banks reinforced the message that interest rates would stay higher for longer, while investors braced for high-stakes US inflation data on Friday.Last week brought a...

Hong Kong crypto firm hit by $200m hack

2023-09-26 00:00:00

LONDON, Sept 25 (Reuters): Hackers stole around $200 million from crypto firm Mixin early on Saturday, the company said on social media platform X on Monday, in what researchers say is the largest crypto theft so far this year.Mixin, which...

ICB HOLDS STAKEHOLDERS' MEETING

2023-09-26 00:00:00

With a view to establishing good governance, Investment Corporation of Bangladesh (ICB) and its three subsidiaries -- ICB Capital Management Ltd, ICB Asset Management Company Ltd and ICB Securities Trading Company Ltd -- held a stakeholders' meeting at a hotel...

CHARTERED LIFE HOLDS AGM

2023-09-26 00:00:00

Chartered Life Insurance Company Limited held its 10th Annual General Meeting, the first since it became a public listed company, virtually on Monday. Director of the company Md Noor Ali presided over the AGM. It approved 2 per cent cash...

UNION BANK OPENS NOBODOY SUB-BRANCH

2023-09-26 00:00:00

Deputy Managing Director of Union Bank Limited Shafiuddin Ahmed along with other guests inaugurated Nobodoy Sub-Branch of the bank at Adabor in Dhaka as the chief guest through videoconferencing from its Head Office at Gulshan recently.

Matiur Rahman elected BTMA Director

2023-09-26 00:00:00

Chairman and Managing Director of Uttara Group of Companies Matiur Rahman has been elected a director of the Bangladesh Textile Mills Association (BTMA) unopposed for the terms of 2023-24 and 2024-25, says a press release.Mr. Rahman is actively involved in...

Tourism Day festival begins tomorrow

2023-09-26 00:00:00

A four-day 'Bangladesh Festival' will be held in the capital on September 27-30 to showcase the country's tourism products and services, reports BSS. "This festival will be a platform to showcase all untapped tourist attractions of Bangladesh to boost the...

Minori to lend support to Emerald to produce oil at a third company

FE REPORT | 2023-09-26 00:00:00

Emerald Oil and Minori Bangladesh have come up with working capital to produce rice bran oil at the factory of Jamuna Edible Oil Industries to boost profits.As per an agreement, Minori Bangladesh, owner of Emerald Oil, will provide working capital...

Alif Industries to merge with Alif Manufacturing

FE REPORT | 2023-09-26 00:00:00

Alif Industries is going to merge with Alif Manufacturing Company as the board of directors of both companies unanimously approved of the decision of amalgamation.Both are concerns of Alif Group and are listed on the Dhaka Stock Exchange and the...

Investors forging a way to bypass floor price to encash assets

FARHAN FARDAUS | 2023-09-26 00:00:00

Mohammad Juel Rana [not the real name] grew impatient as he could not encash his stock investments even in three months in absence of buyers. Having been cash-strapped for a while, he called up his broker to inquire if there...

All new models coming to Europe will be fully electric

2023-09-26 00:00:00

LONDON, Sept 25 (Reuters): Nissan Motor Co said on Monday that as of now all new models it launches in Europe will be fully electric and it plans to sell only electric vehicles on the continent by 2030."There is no...

China bans Nomura senior investment banker

2023-09-26 00:00:00

HONG KONG, Sept 25 (Reuters): Authorities in China have ordered a senior Nomura Holdings banker overseeing the firm's investment banking operations there not to leave the mainland, two sources with knowledge of the matter said.The ban comes as concerns grow...

Goldman, HSBC join forces with other banks on client disclosures

2023-09-26 00:00:00

LONDON, Sept 25 (Reuters): Goldman Sachs and HSBC are among a group of five banks adopting a common global approach to disclosing clients' stock positions, a move which participants say could help cut costs and bolster transparency.The group, which also...

NCC BANK PROVIDES AGRI INPUTS TO FARMERS

2023-09-26 00:00:00

NCC Bank has distributed agricultural materials (seeds, fertiliser & pesticides) free of cost among 1,155 marginal farmers at Nangolkot, Cumilla Sadar and Gouri upazilas of Cumilla recently as part of its corporate social responsibility. Chairman of Nangolkot upazila Md Shamsuddin...

BANK ASIA HOLDS 'AGENT BUSINESS MEET'

2023-09-26 00:00:00

Bank Asia Limited organised a daylong 'Agent Business Meet-2023' at Bangladesh Academy for Rural Development (BARD) in Cumilla recently. Chairman of the bank Rumee A Hossain was present as the chief guest and Chairman of Board Risk Management Committee Prof....

ICCB WORKSHOP ON 'COMBATING FINANCIAL CRIMES'

2023-09-26 00:00:00

ICC Bangladesh organised a daylong workshop on 'Combating Financial Crimes: Means, Ways & Redress' in Chattogram on Saturday. A total of 58 participants, including 50 from 20 banks, four from KAFCO and four clients of Eastern Bank, attended the workshop....

Nagad pivots towards meeting all your banking needs

FE REPORT | 2023-09-26 00:00:00

Nagad, the country's leading mobile financial service provider, is on the cusp of setting up the much-hyped digital bank, promising to redefine convenience and accessibility in financial services.With all necessary preparations already done, the MFS operator is now waiting for...

Saudi economy joins trillion dollar club

2023-09-26 00:00:00

RIYADH, Sept 25 (Arab News): Saudi Arabia has reached a significant milestone as its gross domestic product crossed the coveted 1 trillion-dollar mark for the first time, revealed the umbrella body of the Kingdom's business community. The Federation of Saudi...

Hortex unveils value chain strategy

FE REPORT | 2023-09-26 00:00:00

Hortex Foundation has unveiled an ambitious five-year strategy aimed at fortifying value and cool chains to propel exports through enhancing quality and consumer satisfaction of fresh agro-products.It aimed at developing value chains, a comprehensive approach that involves improving quality of...

US cotton GSP prospect 'could boost apparel exports by $800m a year'

FE REPORT | 2023-09-26 00:00:00

A potential US Generalised System of Preference (GSP) for duty-free facility to apparel made of American cotton can immensely increase imports of cotton from the USA and exports from Bangladesh.Such a move can trigger additional apparel export earnings up to...

India could sell more wheat in open market to calm prices

2023-09-26 00:00:00

NEW DELHI, Sept 25 (Reuters): The Indian government could sell more wheat on the open market to control prices that have reached their highest in nearly eight months, the country's food secretary said on Monday.India, the world's second-biggest producer and...

Aviva to buy AIG's UK life ins business

2023-09-26 00:00:00

LONDON, Sept 25 (Reuters): Aviva said on Monday it had agreed to buy the UK life insurance business of AIG for 460 million pounds ($563 million), in the largest acquisition to date by the British insurer's CEO Amanda Blanc.Aviva said...

Gold eases as markets weigh outlook for more US rate hikes

2023-09-26 00:00:00

Gold eased on Monday as the US dollar stood strong after US Federal Reserve officials flagged that interest rates would remain higher for longer, although moves were limited as investors look forward to inflation data later this week, reports Reuters.Spot...

Oil prices steady as Russia eases fuel export ban

2023-09-26 00:00:00

LONDON, Sept 25 (Reuters): Oil prices held steady on Monday after Russia relaxed its fuel ban, taking the edge off earlier gains on a tighter supply outlook and wariness over interest rates that could curb demand.Brent crude futures were up...

India target a third World Cup triumph

2023-09-26 00:00:00

NEW DELHI, Sept 25(AFP): India target a third World Cup triumph when the country hosts cricket's seven-week global showpiece, buoyed by an economic boom and growing, international self-confidence.India shared hosting with Pakistan in 1987, then Pakistan and Sri Lanka in...

Mbappe injured as PSG hit four against Marseille

2023-09-26 00:00:00

Kylian Mbappe went off with a suspected ankle injury as Paris St-Germain returned to winning ways in Ligue 1 with an easy victory over Marseille, according to BBC Sports.PSG's star forward tried to carry on after an early challenge with...

Tigers face Kiwis in 3rd ODI to draw series today

2023-09-26 00:00:00

New Zealand wrap up preparations for the upcoming World Cup hoping to achieve a rare series win in Bangladesh in their third and final one-day match today (Tuesday), reports AFP."When we came into the series, it was always a goal...

Bangladesh suffer big defeat to Vietnam in Asian Games women's football

2023-09-26 00:00:00

HANGZHOU, China, Sept 25 (BSS): After a massive defeat against Japan, Bangladesh women's football team again suffer a big defeat losing to upper ranked Vietnam by 6-1 goals in their second pool D match of 19th Asian Games women's football...

India's women strike cricket gold on debut at Asian Games

2023-09-26 00:00:00

HANGZHOU, China, Sept 25 (AFP): India struck gold on their AsianGames cricket debut when they beat Sri Lanka by 19 runs in the women's final in Hangzhou on Monday.They had declined to enter any teams on the two previous occasions...