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Exxon to buy Denbury in $4.9b deal

2023-07-14 00:00:00

Exxon Mobil Corp said on Thursday it would buy Denbury Inc in an all-stock transaction valued at $4.9 billion, giving the oil major access to the largest carbon dioxide pipeline network in the United States, reports Reuters.Plano, Texas-based Denbury specializes...

Gold hits 4-week peak

2023-07-14 00:00:00

Gold prices climbed to their highest in about a month on Thursday on a weaker dollar after US inflation data raised investor hopes that the Federal Reserve would soon stop tightening its monetary policy, reports Reuters.Spot gold was up 0.1...

Brent oil hovers above $80 as US inflation eases

2023-07-14 00:00:00

LONDON, July 13 (Reuters): Global oil benchmark Brent hovered above $80 a barrel on Thursday after US inflation data implied interest rates in the world's biggest economy are close to their peak.Data released on Wednesday showed US consumer prices rose...

Boeing deliveries climb in June

2023-07-14 00:00:00

Boeing delivered 60 passenger jets in June as it rebounded from production issues, boosting its total for the first half to 266 airplanes and marking a 23 per cent improvement from the first six months last year, reports Reuters.Despite several...

UN asks Putin to extend Black Sea grain deal in return for SWIFT access

2023-07-14 00:00:00

UNITED NATIONS, July 13 (Reuters): UN Secretary-General Antonio Guterres has proposed to Russian President Vladimir Putin that he extend a deal allowing the safe Black Sea export of grain from Ukraine in return for connecting a subsidiary of Russia's agricultural...

A city's growth in historical perspective

Shihab Sarkar | 2023-07-14 00:00:00

The development spree that the city of Dhaka is passing through in the recent years might elude the average Dhaka dwellers. But the spectacular views cannot evade the sharp observers. Compared to the period a few decades ago, the 400-year-old...

Crossing Sat Masjid Road riskier these days

2023-07-14 00:00:00

Ever since the new divider was built along Sat Masajid Road at Dhanmondi area of the capital and many of the crossing paths were blocked on Sat Masjid Road a few months ago, it has become riskier for pedestrians to...

Anti-venom vaccines for Thakurgaon hospitals

2023-07-14 00:00:00

People bitten by poisonous snakes are dying due to lack of treatment in Thakurgaon hospitals. At least three people have died from snake bite in this district in July. If the snake vaccines are not made available with the hospitals...

Problem of overcapacity in the power sector

Zahid Huq | 2023-07-14 00:00:00

The developments in the country's power sector for more than two decades have given rise to many questions, but answers have not been forthcoming. Instead, there were attempts to sidetrack the issues with notable defiance noticed in the deliberations made...

Taming high inflation needs to tame big businesses

Nilratan Halder | 2023-07-14 00:00:00

In a press conference arranged by the Consumers Association of Bangladesh (CAB), the body working for protection of the rights of consumers, has brought about a charge of establishing monopoly control on the market against a few large corporate houses....

RMG forage for fresh pastures

2023-07-14 00:00:00

At a time of declining global demand for readymade garments in the major markets, it is heartening to see a considerable surge in exports to new and non-traditional markets. Interestingly, this pickup, while demonstrating a much desired boost in export...

Community power and Covid 19: Lessons from Korail slum

Afsan Chowdhury | 2023-07-14 00:00:00

Corona was expected to ravage Bangladesh as its health delivery infrastructure to the vulnerable population is limited apart from being a "poor country", as per international indexes. Many international agencies and media predicted doom as Covid-19 began to swell. Donor...

Dhaka, Beijing should come closer for global peace: Ambassador Yao

2023-07-13 12:00:00

Chinese Ambassador to Bangladesh Yao Wen has said Bangladesh and China should strengthen development cooperation and diplomatic ties to promote global peace and prosperity together, reports UNB.Ambassador Yao pointed out that enjoying a longstanding friendship, China and Bangladesh are now...

Drive against illegal gas connections -

2023-07-13 12:00:00

In a major drive against illegal gas connections and unpaid bills between October, 2021 and June this year, the Titas Gas Transmission and Distribution Company Limited (TGTDCL) has made a stunning success, according to its managing director. As many as...

Biden, Zelenskyy praise each other over Ukraine war

2023-07-13 00:00:00

WASHINGTON, July 12 (AP): President Joe Biden wants Ukraine to win the war against Russia. But he doesn't want World War III - especially with nuclear weapons. Balancing those two goals has been difficult, and the tension was on particular...

Five die, record 1,246 patients hospitalised

FE REPORT | 2023-07-13 00:00:00

Deaths in dengue outbreak continued, as five more people died from the mosquito-borne fever on Wednesday, taking the total casualties to 88.At the same time, record 1,246 dengue patients were admitted to hospitals across the country, which was the highest...

Russia's threat to pull out of grain deal raises global food security fears

2023-07-13 00:00:00

LONDON, July 12 (AP): Concerns are growing that Russia will not extend a UN-brokered deal that allows grain to flow from Ukraine to parts of the world struggling with hunger, with ships no longer heading to the war-torn country's Black...

Uzra Zeya meets PM today

2023-07-13 00:00:00

US Under Secretary for Civilian Security, Democracy, and Human Rights Uzra Zeya is scheduled to meet Prime Minister Sheikh Hasina at her official residence this (Thursday) morning, reports UNB.After her meeting with the Prime Minister, she will have a series...

EU delegates meet info minister, law secretary

2023-07-13 00:00:00

Visiting delegation of the European Union (EU) Wednesday met Information and Broadcasting Minister Dr Hasan Mahmud at his secretariat office here, report agencies.Three members of the delegation, Riccardo Chelleri, Dimitra Ioannou and Cristina Dos Ramos Alves, met the information minister.While...

BNP announces march to meet one-point demand

FE REPORT | 2023-07-13 00:00:00

Bangladesh Nationalist Party (BNP) on Wednesday announced 'Road March' programmes for July 18 and 19 to realise its one-point demand -- holding the next general election under a neutral caretaker government."We demand the government to resign immediately and hold a...

Polls as per constitution one point of AL: Quader

2023-07-13 00:00:00

Awami League general secretary Obaidul Quader on Wednesday reiterated that the upcoming election would be held under the Sheikh Hasina-led government in line with the constitution, reports BSS."One dream of BNP has died and now it's dreaming of another. What...

US delegation visits Rohingya camp in Cox's Bazar

2023-07-13 00:00:00

A high-level US delegation who arrived in Dhaka on Tuesday visited Rohingya camp in Ukhiya upazila of Cox's Bazar district on Wednesday, reports BSS.The US delegation included US Under Secretary for Civilian Security, Democracy, and Human Rights Uzra Zeya, US...

Gridlock cripples city, commuters suffer

FE REPORT | 2023-07-13 00:00:00

Severe tailback, following simultaneous rallies organised by two major political parties, crippled many important city roads on Wednesday, causing immense sufferings to the commuters.Besides, small to moderate rainfall also contributed to the woes of many working people and commoners.Vehicles on...

Govt strengthening armed forces only for ensuring country's sovereignty: PM

2023-07-13 00:00:00

Prime Minister Sheikh Hasina on Wednesday said that her government has taken adequate steps for overall development of the armed forces to safeguard the country's independence and sovereignty, but it has no intention to lock into war with anyone, reports...

Gas crisis hits all users hard

M AZIZUR RAHMAN | 2023-07-13 00:00:00

Natural gas crisis is now affecting all sorts of consumers, including industries, power plants, and commercial and household users, resulting in cut in industrial output and untold sufferings of the commoners.Although the government increased gas tariff by up to 178.88...

Briefing 2023-07-13

2023-07-13 00:00:00

Prayer Timings (2023-07-13)

2023-07-13 00:00:00

Cabinet body's nod to import 2 LNG cargoes

FE REPORT | 2023-07-13 00:00:00

The cabinet committee on government procurement on Wednesday approved the import of two cargoes of liquefied natural gas (LNG) to meet growing gas demands in industrial units in particular.The LNG will be procured from the United States of America (USA)...

ADB offers hard-term loan, govt says 'no'

FHM HUMAYAN KABIR | 2023-07-13 00:00:00

The Asian Development Bank (ADB) is seeking to lend a hard-term loan to the Bangladesh government from its non-sovereign financing facility as part of an effort to expand its portfolio, officials said on Wednesday.However, the government has declined to borrow...

Local sugar prices defy global decline

YASIR WARDAD | 2023-07-13 00:00:00

Bangladeshi consumers are still paying high prices for sugar, even though the global price has been declining for the past three months.The average global sugar price reached an 11-year high in April this year at US$650 per tonne, but has...