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Samsung Q2 operating profit slides 95 per cent

2023-07-28 00:00:00

SEOUL, July 27 (AFP): Samsung Electronics on Thursday reported a more than 95 per cent plunge in operating profits in the second quarter owing to weak demand for memory chips.The firm is the flagship subsidiary of South Korean giant Samsung...

European banks flag bad loan risks as global economy falters

2023-07-28 00:00:00

LONDON/MILAN/MADRID, July 27 (Reuters): Europe's major banks, including Deutsche Bank and Lloyds Banking Group, on Wednesday pointed to the rising risk of bad loans as the global economy struggles with slow growth and high inflation.Financial regulators and investors are keeping...

BRAC BANK READING CAFE EXPLORES 'VOLGA THEKE GANGA'

2023-07-28 00:00:00

Members of BRAC Bank Reading Café recently convened for a stimulating discussion on the timeless classic, 'Volga Theke Ganga,' authored by the renowned thinker and writer Rahul Sankrityayan. The session delved into the profound motivations behind the book's creation, its...

Pakistan granted rollover on $2.4b Chinese loan

2023-07-28 00:00:00

KARACHI, July 27 (AFP): China has granted Pakistan a two-year rollover on a $2.4 billion loan, Islamabad said Thursday, giving the debt-saddled nation breathing space in its balance-of-payments crisis.Soaring inflation, shrinking dollar reserves and crippling foreign debt led Pakistan to...

AskDaraz to enhance shopping experience of Daraz users

2023-07-28 00:00:00

Daraz, South Asia's leading e-commerce platform in Bangladesh, Pakistan, Sri Lanka, Nepal and Myanmar, announced the latest integration of Microsoft Azure OpenAI Service in Daraz to launch 'AskDaraz', an AI ChatBot, to simplify the shopping experience for South Asian users,...

Eric Walker joins US-Bangladesh Business Council as Board member

2023-07-28 00:00:00

Chevron Bangladesh President and Managing Director Eric M Walker has joined US-Bangladesh Business Council as a Board member, says a press release. US-Bangladesh Business Council is the business advocacy group advancing policy priorities of the US business community in the...

MRA warns MFIs against running profit-making enterprises

ISMAIL HOSSAIN | 2023-07-28 00:00:00

The Microcredit Regulatory Authority (MRA) has warned microfinance institutions (MFIs) that they will face stern action if they run any profit-making enterprises other than microcredit operations.In a recent circular, the MRA said it had come to its attention that some...

Lower production in Europe hits global steel output

2023-07-28 00:00:00

LONDON, July 27 (Reuters): Global crude steel production fell 1.1 per cent year on year to 943.9 million metric tons in the first half of 2023 due to lower output in Europe and the Americas, World Steel Association data showed...

Gold drops over 1pc as upbeat US data lifts dollar

2023-07-28 00:00:00

Gold prices slipped more than 1 per cent on Thursday, weighed down by a stronger dollar and an uptick in bond yields after stronger-than-expected US economic data, reports Reuters.Spot gold dropped 1.3 per cent to $1,945.49 per ounce by 09:45...

Boeing boosts monthly 737 production -

2023-07-28 00:00:00

Boeing said on Wednesday it was lifting production of its bestselling 737 narrow-body jet, a sign the planemaker was recovering from a supplier error that had scuttled its plans for an early ramp-up, reports Reuters.Shares of the company rose as...

Swapan Bhattacherjee speaks at the 33rd Annual Planning Conference

2023-07-28 00:00:00

State Minister for Local Government, Rural Development and Cooperatives Swapan Bhattacherjee speaks at the 33rd Annual Planning Conference of the Rural Development Academy (RDA) in Bogura on Thursday. RDA Director General (Additional Secretary) Md Khurshid Iqbal Rezvi presided over the...

Oil climbs on tighter supply

2023-07-28 00:00:00

LONDON, July 27 (Reuters): Oil climbed on Thursday, with Brent crude topping $84 a barrel for the first time since April, supported by supply tightness owing to OPEC+ production cuts and renewed optimism on the outlook for Chinese demand and...

Brook hits back in fifth Ashes Test after early Australia strikes

2023-07-28 00:00:00

LONDON, July 27 (AFP): Harry Brook counter-attacked in thrilling style after Australia picked up three early wickets on the first day of the fifth and final Ashes Test at The Oval.England were 131-3 at lunch on Thursday, having been wobbling...

Nigeria stun co-hosts Australia, US yet to fire

2023-07-28 00:00:00

BRISBANE, Australia, July 27 (AFP): Nigeria stunned co-hosts Australia 3-2 on Thursday in the biggest shock of the Women's World Cup so far, while the United States failed to hit top gear in a stalemate with the Netherlands.Australia's damaging defeat,...

Mbappe 'refuses to talk' to Saudi club Al Hilal over $333m move

2023-07-28 00:00:00

PARIS, July 27 (AFP): Paris Saint-Germain striker Kylian Mbappe has refused to meet officials from Al Hilal, dealing a potentially fatal blow to the Saudis' ambitious hopes of completing a world record $333 million (300-million-euro) swoop.The French star has refused...

BCB delays issuing Taskin Ahmed's NOC for debut LPL participation

2023-07-28 00:00:00

The Bangladesh Cricket Board (BCB) has yet to decide on granting a No Objection Certificate (NOC) to Taskin Ahmed to participate in the Lankan Premier League (LPL) due to concerns about the pacer's heavy workload, report agencies.Taskin Ahmed, a right-handed...

Noman Ali’s seven-for wraps up Pakistan's 2-0 victory

2023-07-28 00:00:00

COLOMBO, July 27 (Agencies): Noman Ali took seven wickets to lead Pakistan's rout of Sri Lanka by an innings and 222 runs to clinch the second Test inside four days and sweep the series 2-0 on Thursday.This is also their...

Bangladesh gets Maldives in WC pre-qualifiers

2023-07-28 00:00:00

Bangladesh will play against Maldives in the first round of joint qualifiers of 2026 FIFA World Cup as the draw for the first round was held at AFC headquarters in Kuala Lumpur, Malaysia, on Thursday, reports BSS.Bangladesh and Maldives will...

News in Brief(2023-07-28)

2023-07-28 00:00:00

Angry Russia refuses to speak at UN meetingon its attacks on Ukraine's port city OdesaUNITED NATIONS, July 27: In an escalation of Russia's anger at Ukraine and its Western backers, Russia refused to speak at a U.N. Security Council meeting...

Suu Kyi moved out of jail to house arrest

2023-07-28 00:00:00

YANGON, July 27 (BBC): Myanmar's ousted civilian leader Aung San Suu Kyi has been moved to house arrest after the military detained her following a coup in February 2021.Ms Suu Kyi was taken to a government building in Nay Pyi...

Heavy rain continues in Mumbai

2023-07-28 00:00:00

MUMBAI: After intense showers throughout the day, Mumbai registered its wettest July ever on Wednesday with the month so far witnessing a record 1557.8 mm rainfall, the India Meteorological Department (IMD) said.The previous wettest July on record was in 2020...

Israel troops kill Palestinian teen in W Bank

2023-07-28 00:00:00

RAMALLAH, July 27 (AFP): Israeli troops killed a Palestinian teenager during an overnight raid in the occupied West Bank, the Palestinian health ministry and official media said Thursday.The shooting occurred in the town of Qalqilya in the northern West Bank,...

US officials to meet Afghan Taliban

2023-07-28 00:00:00

DOHA, July 27 (Reuters): US officials will meet Taliban representatives and "technocratic professionals" from Afghan ministries in Doha this week, the State Department said on Wednesday, adding they will discuss economic issues, security and women's rights.No country has formally recognised...

Discusses 'matters of mutual concern'

2023-07-28 00:00:00

PYONGYANG, July 27 (BBC): Kim Jong Un showed off North Korea's latest weapons to Russia's Defence Minister Sergei Shoigu on Wednesday. Pyongyang invited the Russian delegation led by Mr Shoigu, as well as Chinese officials.They will attend Pyongyang's celebrations of...

Madrasa teacher gets life for rape of students

2023-07-28 00:00:00

CHAPAINAWABGANJ, July 27 (BSS): A Chapainawabganj court has sentenced a madrasa teacher to life-term imprisonment for raping forcibly three of his girlchild students.The convict was identified as Suayebur Rahman (52) of Kansat under Shibganj upazila in the district.The court also...

One held with gold bars on Chuadanga border

2023-07-28 00:00:00

CHUADANGA, July 27 (UNB): Members of Border Guard Bangladesh (BGB) detained a suspected smuggler with four gold bars weighing over two kilograms along Sultanpur border in Darshana upazila of Chuadanga on Thursday.The arrestee is Kusum Poddar (47), son of Harisadhan...

JU committed to inclusive higher edn: VC

JU CORRESPONDENT | 2023-07-28 00:00:00

A national-level training workshop titled 'Inclusive Education, DiversAsia Toolkit, and Accessible Reading Materials' was held in Jahangirnagar University (JU) on Thursday in partnership with the DiversAsia project. JU Vice-Chancellor Professor Dr. Md Nurul Alam inaugurated the workshop in the Senate...

A significant number of dengue patients

2023-07-28 00:00:00

A significant number of dengue patients, including children, are getting admitted to different hospitals in Brahmanbaria everyday. The picture was taken from sadar uapazila health complex in the district on Thursday — Focus Bangla

HC scraps expulsion order against five IU BCL activists

2023-07-28 00:00:00

ISLAMIC UNIVERSITY, July 27 (UNB): The High Court (HC) has scrapped an expulsion order against five students -- a former leader and four former activists of Islamic University (IU)'s ruling Awami League-backed student body Bangladesh Chhatra League (BCL) - over...

Letting the elderly people age gracefully

Shihab Sarkar | 2023-07-28 00:00:00

To age gracefully is a process which most of the elderly people around the world long to experience as they reach the sunset of their life. To people in the rich and developed countries the dream doesn't seem elusive. True...