FE Today Logo

Search results for:


Britain to create new regime to deal with insurance company failures

2023-08-03 00:00:00

LONDON, Aug 2 (Reuters): Britain said on Wednesday it would start work on setting up new rules specially designed to prevent a big insurance company collapse from crashing the financial system.Regulators have already introduced rules to deal with ailing banks...

Apple heads for largest Q3 revenue drop

2023-08-03 00:00:00

NEW YORK, Aug 02 (Reuters): Apple is likely to report a dip in iPhone sales in the April-June quarter as shoppers held out for a new model in a slow economy, making it important for the company to detail how...

NCC BANK achieves ISO CERTIFICATION

2023-08-03 00:00:00

NCC Bank achieved the international ISO 27001:2022 certification for Information Security Management. This achievement was celebrated with a cake-cutting ceremony at the Innovation Centre at the bank's Head Office in Dhaka recently. Managing Director & CEO of NCC Bank Mohammad...

Mohammad Abdul Jabbar paid tribute to martyred freedom fighters

2023-08-03 00:00:00

Janata Bank Limited Managing Director and Chief Executive Officer (CEO) Mohammad Abdul Jabbar paid tribute to martyred freedom fighters by placing a wreath at Mujibnagar memorial in Meherpur recently. Janata Bank General Manager Md Abdur Razzak and Arun Prakash Biswas,...

Multi-Agency field training exercise held

2023-08-03 00:00:00

In a significant step towards enhancing Bangla-desh's emergency response capabilities, a half-day multi-agency Field Training Exercise (FTX) was conducted on the premises of Fire Service and Civil Defence (FSCD) at Purbachal in the city on Monday, says a press release.This...

Singer campaign offers up to 72pc discount

2023-08-03 00:00:00

On the occasion of Singer's 172nd anniversary, the company has organised Special Uradhura Friday event, available exclusively at singerbd.com for three days starting from today (Thursday), says a press release. During this camping, Singerbd.com is offering discounts of up to...

Firm gets nod to export cow head skins

FE REPORT | 2023-08-03 00:00:00

The government has allowed a local company to export 200 tonnes of skins of cow head and trimming-scraps of rawhides.The permission, awarded Tuesday, will remain effective until June 30 next year, according to a commerce ministry source. The firm, ANA...

DGepay gets PSO licence

FE REPORT | 2023-08-03 00:00:00

Bangladesh Bank (BB) on Wednesday issued a payment system operator (PSO) licence in favour of DGepay for providing online payment services in the country.The brand name is DG e-pay.A PSO facilitates payments of online trading between buyers and sellers. The...

Gender budget needs overhaul, study finds

FE REPORT | 2023-08-03 00:00:00

A study on gender budget has recommended reviewing the entire procedure of formulating gender-responsive policies related to project allocation under different ministries for true budget execution, as it failed to address issues of women and children.The study, conducted jointly by...

Gold pares gains as US dollar resume climb

2023-08-03 00:00:00

Gold prices pared gains on Wednesday, hurt by a stronger dollar and a rebound in bond yields as investors digested Fitch's U.S. credit rating downgrade and focused on nonfarm payrolls data later this week, reports Reuters.Spot gold was up 0.1...

India's July edible oil imports at record high

2023-08-03 00:00:00

MUMBAI, Aug 2 (Reuters): India's edible oil imports in July rose to a record 1.76 million metric tonnes as refiners built up stocks for upcoming festivals given uncertainty over supplies from the Black Sea, five dealers told Reuters.Higher purchases by...

'Impact of Regulation on the Microfinance Sector of Bangladesh'

2023-08-03 00:00:00

An inception workshop of the research study on 'Impact of Regulation on the Microfinance Sector of Bangladesh' conducted by BARD was held at the National Institute of Local Government (NILG) in Dhaka on Tuesday. Director General of Bangladesh Academy for...

Oil prices ease despite US inventory drawdown

2023-08-03 00:00:00

LONDON, Aug 2 (Reuters): Oil prices eased on Wednesday after sharp gains, but remained near their highest levels since April, as crude and fuel product inventory data showed robust U.S. demand and offset concerns about the Chinese economy.Brent crude futures...

Russia will return to Black Sea grain deal when its interests are upheld: Kremlin

2023-08-03 00:00:00

MOSCOW, Aug 2 (Reuters): The Kremlin on Wednesday restated its position on the Black Sea grain deal, saying it was ready to return to it "immediately" once the part that concerns Russia was implemented.Kremlin spokesman Dmitry Peskov was commenting a...

News in Brief(2023-08-03)

2023-08-03 00:00:00

Public Prosecutor's Office investigates CostaRica president for 'influence peddling'SAN JOSÉ, Aug 02: The Costa Rican Public Prosecutor's Office has opened an "influence peddling" investigation into President Rodrigo Chaves and several members of his government, the agency told AFP on Tuesday....

AI offers huge promise on breast cancer screening

2023-08-03 00:00:00

STOCKHOLM, Aug 02 (BBC): Artificial intelligence (AI) can "safely" read breast cancer screening images, a Swedish study suggests. Researchers led by a team at Lund University found computer-aided detection could spot cancer at a "similar rate" to two radiologists.But they...

Rwanda imposes curfew to curb noise pollution

2023-08-03 00:00:00

KIGALI, Aug 02 (AFP): Rwanda has imposed a curfew on all "non-essential services" to reduce what the government calls "noise pollution", a move that has angered nightclub owners who say it will hurt their business."For effective regulation of night-time entertainment...

Haryana tense after 5 killed in clashes

2023-08-03 00:00:00

NUH, Aug 02 (AP): Indian authorities imposed a curfew, suspended internet service and deployed thousands of paramilitary forces Tuesday to parts of northern Haryana state after deadly communal clashes spread to Gurugram, a city just outside the capital, New Delhi.The...

Beijing records heaviest rain in 140 yrs

2023-08-03 00:00:00

ZHUOZHOU, Aug 02 (AFP): Deadly rains that pummelled China's capital in recent days were the heaviest since records began 140 years ago, Beijing's weather service said on Wednesday, as a massive cleanup operation began.Millions of people have been hit by...

Trump indicted for trying to overturn 2020 polls result

2023-08-03 00:00:00

WASHINGTON, Aug 02 (AFP/BBC): Donald Trump was indicted on Tuesday over his efforts to upend the results of the 2020 US election-the most serious legal threat yet to the former president as he campaigns to return to the White House.It...

Kiev's terrorist methods delay peace deal: Russia

2023-08-03 00:00:00

MOSCOW, Aug 02 (TASS/AFP): The Kiev regime's terrorist methods aggravate the Ukrainian crisis and delay a peace settlement, Russian Foreign Ministry spokeswoman Maria Zakharova told a news briefing."The use of terror methods by the Kiev regime is a factor that...

Pakistan agree to World Cup schedule change

2023-08-03 00:00:00

LAHORE, Aug 02 (Geo TV): The Pakistan Cricket Board (PCB) has accepted the International Cricket Council's (ICC) amendments to the World Cup 2023 schedule.The international body had contacted Pakistan, informing it that changes needed to be made to the schedule....

Bangladesh bowlers Taskin Ahmed and Mustafizur Rahman

2023-08-03 00:00:00

Bangladesh bowlers Taskin Ahmed and Mustafizur Rahman during a fitness camp at Sher-e-Bangla National Cricket Stadium in the city on Wednesday — BCB

Mane joins Saudi side Al Nassr from Bayern

2023-08-03 00:00:00

RIYADH, Aug 02 (Agencies): Bayern Munich's Senegal forward Sadio Mane has joined Saudi Pro League club Al Nassr after one season with the Bundesliga champions, both clubs said on Tuesday.Financial details were not disclosed but media reports said the Saudis...

India blow away West Indies to seal ODI series

2023-08-03 00:00:00

TAROUBA, Trinidad and Tobago, Aug 02 (AFP): India swiftly erased the memory of a poor second match to annihilate the West Indies by 200 runs in the decisive third and final one-day international at the Brian Lara Stadium on Tuesday.Even...

Brazil WC exit 'not even in my worst nightmares': Marta

2023-08-03 00:00:00

MELBOURNE, Aug 02 (Agencies): Marta said Brazil's Women's World Cup exit at the group stage Wednesday was "not even in my worst nightmares" as the legendary attacker bid a heartbreaking farewell to the tournament.The 37-year-old, arguably the greatest women's footballer...

Jamaica head to knockout stage for first time

2023-08-03 00:00:00

MELBOURNE, Aug 02 (AFP): Jamaica ensured there would be no fairytale ending to Marta's World Cup career as they strangled Brazil 0-0 to reach the last 16 on Wednesday and condemn the South Americans to their earliest exit since 1995.It...

Woman held with 20kg ganja in Rajshahi

2023-08-03 00:00:00

RAJSHAHI, Aug 02 (BSS): Members of Rapid Action Battalion (RAB) in an anti-crime operation arrested an alleged woman drug peddler with 20 kilograms of ganja in the district on Tuesday. The arrestee is Monjura Khatun (33), wife of Maruf Hossain,...

Man gets life term for killing father in Chandpur

2023-08-03 00:00:00

CHANDPUR, Aug 02 (BSS): A Chandpur court has sentenced a man to life term imprisonment for killing his father in Shahrasti upazila of the district in 2020.Senior District and Sessions Judge Md Mohsinul Haque gave the verdict on Wednesday.The convict...

Prisoner dies at Dinajpur hospital

2023-08-03 00:00:00

DINAJPUR, Aug 02 (UNB): A prisoner of Dinajpur district jail, convicted in a murder case, died in the early hours of Wednesday.He had been serving his life sentence since May 23 last year.The dead, Sayeed Ali, was son of late...