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Linde's profit slumps 40pc in Q2 on costlier raw materials

FE REPORT | 2023-07-31 00:00:00

Linde Bangladesh's net profit plunged 40 per cent year-on-year to Tk 140 million in April-June quarter this year owing to costlier raw materials and higher operating expenses.Business has been tougher also because of the stronger dollar and a sharp decline...

Ford recalls 870,000 F-150 trucks

2023-07-31 00:00:00

WASHINGTON, July 30 (Reuters): Ford Motor said Friday it is recalling 870,000 F-150 trucks in the United States because of the risk of an unexpected activation of the electric parking brake due to a potential wiring issue.The recall covers 2021...

P&G tops estimates on higher prices

2023-07-31 00:00:00

Procter & Gamble on Friday beat analysts' estimates for quarterly sales and profit buoyed by the consumer goods giant's multiple price hikes even as it joined other multinational companies in flagging weak demand in China, reports Reuters.A slower-than-expected rebound in...

14 Iraqi banks hit with curbs by US

2023-07-31 00:00:00

BAGHDAD, July 30 (Reuters): Fourteen Iraqi private banks hit with curbs by the United States over allegedly helping siphon US dollars to Iran said on Wednesday they were ready to challenge the measures and face audits and called on Iraqi...

23rd AGM of Marico Bangladesh held

2023-07-31 00:00:00

The 23rd Annual General Meeting (AGM) of Marico Bangladesh Limited (Marico) was held virtually recently. Saugata Gupta, Chairman of the Board of Directors of Marico, presided over the meeting. Rajat Diwaker, the Managing Director of Marico Bangladesh, along with the...

37th AGM of Eastern Insurance Company held

2023-07-31 00:00:00

The 37th Annual General Meeting (AGM) of Eastern Insurance Company Limited was held on a virtual platform recently. Chairman of the company ASM Waheeduzzaman presided over the meeting. The AGM approved 22 per cent cash dividend for the shareholders.

BHBFC held 'Managerial Conference-2023'

2023-07-31 00:00:00

Bangladesh House Building Finance Corporation (BHBFC) held 'Managerial Conference-2023' at Bidyut Bhaban in the capital on Saturday. Secretary of the Financial Institutions Division Sheikh Mohammad Salim Ullah attended the opening ceremony of the conference as the chief guest while Managing...

ONE Bank signed agreement with DERA Resort & Spa

2023-07-31 00:00:00

ONE Bank Limited signed an agreement with DERA Resort & Spa (Manikganj and Cox's Bazar) recently. Md. Ohidul Islam (Ove), Head of Marketing & Sales of DERA Resort, and Md Kamruzzaman, Head of Retail Banking of ONE Bank, signed the...

Sonali Bank PLC held a 'Chattogram divisional business discussion meeting-2023'

2023-07-31 00:00:00

Sonali Bank PLC held a 'Chattogram divisional business discussion meeting-2023' with branch managers at a hotel in Cox's Bazar on Saturday. Chairman of the bank Ziaul Hasan Siddiqui attended the meeting as the chief guest. Bank's CEO and Managing Director...

SHAHJALAL ISLAMI BANK OPENS SUB-BRANCH

2023-07-31 00:00:00

Shahjalal Islami Bank Ltd. opened its Anwer Khan Modern Medical College & Hospital Sub-branch in Dhaka (House No#17, Road No#08, Dhanmondi) on Sunday. Director of Shahjalal Islami Bank and Chairman of Bank Foundation Dr. Anwer Hossain Khan, MP inaugurated the...

Nagad becomes country's fastest unicorn

2023-07-31 00:00:00

Nagad, a leading mobile financial service (MFS) provider in Bangladesh, has turned into a unicorn startup only in four years of its launch - the fastest in Bangladesh to reach this impressive feat, reports BSS. In recognition of the achievement,...

China, India, Vietnam key sourcing destinations for US, EU buyers

MONIRA MUNNI | 2023-07-31 00:00:00

Western buyers are considering Vietnam and India equally important sourcing destinations, after China, in 2023, according to a latest report. Some 26 per cent of over 250 businesses, surveyed around the world by QIMA in H1 of 2023, named India...

FBCCI elections today

2023-07-31 00:00:00

The election to the Board of Directors of the Federation of Bangladesh Chambers of Commerce of Industry (FBCCI) for the 2023-2025 term will be held today (Monday) at the Bangabandhu International Conference Center (BICC), reports BSS.A total of 34 directors...

Govt extends tenure by one year for 28 firms

FE REPORT | 2023-07-31 00:00:00

The government has extended the timeframe to export aromatic rice by one year for 28 traders, sources said.The Ministry of Commerce (MoC) on Sunday extended the previous permission regarding the issue.With the extension, the traders will be able to export...

Reckitt, BAT stay the course on Russian business plans

2023-07-31 00:00:00

LONDON, July 30 (Reuters): Household products group Reckitt and Lucky Strike maker British American Tobacco said last week they will stick to their existing plans on how to deal with their Russia businesses despite growing pressures to leave the country.Several...

EU steel demand to slide 3pc in 2023

2023-07-31 00:00:00

LONDON, July 30 (Reuters): Steel demand in the European Union is expected to slide 3 per cent this year amid persistently high energy prices and sluggish demand, the European Steel Association (Eurofer) said last week, downgrading its outlook.In May, the...

Philippines seeks rice supply boost, may look to India

2023-07-31 00:00:00

MANILA, July 30 (Reuters): Philippine President Ferdinand Marcos Jr. said on Saturday the country must boost its rice stocks and that he may seek a supply deal with India, worried about the potential impact of El Nino dry weather on...

Afghan cricketer smashes 42 runs off one T20 over

2023-07-31 00:00:00

KABUL, July 30 (AFP): Afghan international cricketer Sediqullah Atal smashed an astonishing 42 runs off one over Saturday in a Kabul Premier League Twenty20 match.Cricinfo, considered a definitive record keeper, has an entry for most runs scored off a T20...

Australia deny retiring Broad an early breakthrough in Ashes finale

2023-07-31 00:00:00

LONDON, July 30 (AFP): Stuart Broad and England were denied an early breakthrough as Australia reached 75-0 at lunch on Sunday in their pursuit of a mammoth target of 384 runs to win the fifth Ashes Test at The Oval.The...

Morocco's Benzina first player to wear hijab at World Cup

2023-07-31 00:00:00

ADELAIDE, Australia, July 30 (AFP): Nouhaila Benzina became the first player to wear a hijab during a Women's World Cup game when she sported the Muslim headscarf in Morocco's match against South Korea on Sunday.World governing body FIFA lifted its...

Injury time winner sees Colombia stun Germany

2023-07-31 00:00:00

AUCKLAND, July 30 (AFP): Colombia scored a 97th-minute winner to stun Germany 2-1 on a night of Women's World Cup drama Sunday which also saw Norway and Switzerland into the last 16 but co-hosts New Zealand dumped out in tears.Germany...

Real hope to finalise €200m Mbappe deal before beginning of LaLiga season

2023-07-31 00:00:00

Real Madrid would like to resolve the Kylian Mbappé situation in the first two weeks of August before the new LaLiga season starts, sources have told sports portal ESPN, but they are still waiting for the player, or his club...

BD team leave for Germany to participate in Archery Championship

2023-07-31 00:00:00

A nine-member Bangladesh Archery team left the capital for Germany Sunday morning by a Qatar Airways flight to participate in the World Archery Championship' 2023 to be held in Berlin from today (Monday) to August 06, reports UNB.Bangladesh National Archery...

Alamin's triumph brings glory to Bangladesh

2023-07-31 00:00:00

In a one-sided affair that lasted just two and a half minutes, Bangladeshi boxer Mohammad Alamin "The Bull" showcased his prowess in the Super Welterweight division against Thai boxer Tapanut Loetsingtaworn in the 'Evolution Fight Series' held at the World...

Tigers' camp starts today ahead of Asia Cup

2023-07-31 00:00:00

The Bangladesh Cricket Board (BCB) is set to host a camp with at least 32 cricketers starting today (Monday), reports UNB.Initially, the camp will provide an opportunity for the cricketers to improve their fitness. On August 3, the players will...

Khulna, Kurigram road accidents kill four

2023-07-31 00:00:00

A total of four people were killed in separate road accidents in Khulna and Kurigram districts on Saturday and Friday night, reports UNB.In Khulna, two people were killed and at least 20 others injured in a collision between a bus...

Int'l Day against Drug Abuse observed in dists

2023-07-31 00:00:00

International Day against Drug Abuse and Illicit Trafficking-2023 was observed in the districts on Sunday with the theme "People First: stop stigma and discrimination, strengthen prevention, reports BSS.In Manikganj, marking the day, the district administration and district narcotics control office...

Workers busy collecting dried-out plastic

2023-07-31 00:00:00

Workers busy collecting dried-out plastic shards at Kamrangirchar in the city — bdnews24.com

Age no bar to education

2023-07-31 00:00:00

KURIGRAM, July 30 (UNB): A 46-year-old mother of two from Kurigram, the poorest as well as most backward district in the country, obtained 3.60 GPA (grade point average) and passed this year's Secondary School Certificate (SSC) and equivalent examinations. Rahima...

Jute retting hampered in Rajshahi as waterbodies run dry

OUR CORRESPONDENT | 2023-07-31 00:00:00

RAJSHAHI, July 30: High yield of jute this season compared to previous years fails to make Rajshahi farmers happy as they are facing huge trouble to rot and process raw jute in the absence of adequate water in water bodies...