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Canada inflation rate jumps to 4pc on higher gas prices

2023-09-22 00:00:00

OTTAWA, Sept 21 (Reuters): Canada's annual inflation rate in August jumped to 4.0 per cent from 3.3 per cent in July on higher gasoline prices, while two of the three core inflation measures also rose, Statistics Canada said on Tuesday.Analysts...

Auto industry slams Britain's petrol car ban delay

2023-09-22 00:00:00

LONDON, Sept 21 (Reuters): Carmakers, which have invested billions on electric vehicles, slammed Britain's move to delay a 2030 ban on the sale of new petrol and diesel cars, saying it would disrupt supply chains and slow the transition to...

HSBC to allocate $1b for climate-tech startups

2023-09-22 00:00:00

HSBC Holdings said on Wednesday it plans to allocate $1 billion in financing to support emerging climate-tech companies around the world, in a push to help reduce carbon emissions, reports Reuters.The financing is expected to support start-ups in EV charging,...

MIDAS gets new MD

2023-09-22 00:00:00

M Khairul Bashar has been appointed Managing Director of MIDAS, says a press release.In its recent Board Meeting, MIDAS welcomed Mr Bashar as its new Managing Director. The Board of Directors expressed their trust in Mr Bashar to lead MIDAS...

US Fed keeps rates steady

2023-09-22 00:00:00

WASHINGTON, Sept 21 (Reuters): The US Federal Reserve held interest rates steady on Wednesday but stiffened a hawkish monetary policy stance that its officials increasingly believe can succeed in lowering inflation without wrecking the economy or leading to large job...

Nagad wins Visa Excellence Award

2023-09-22 00:00:00

Nagad, a popular mobile financial service provider in Bangladesh, has achieved the Visa Excellence Awards 2023 for its outstanding contribution to boosting digital payments in the country, says a press release.Visa, a leading digital payment entity, recently felicitated its partner...

Asian Tourism Fair kicks off in city

FE REPORT | 2023-09-22 00:00:00

A three-day regional tourism fair has kicked off in the capital, aiming to promote cross-border connection, enhance cultural exchange and drive economic growth.The fair styled '10th Asian Tourism Fair and Bangladesh Tourism Development Summit 2023' began at Bangabandhu International Conference...

Enhance investment climate to attract greater FDI

FE REPORT | 2023-09-22 00:00:00

A number of disincentives are hindering the inflow of more investments from the United States, a US diplomat said on Thursday, stressing the need for improving Bangladesh's investment climate.He listed challenges of payment systems, inability to repatriate earnings and revenue,...

China's Aug aluminium imports rise on demand hopes

2023-09-22 00:00:00

BEIJING, Sept 21 (Reuters): China's aluminium imports jumped 38.9% in August from a year earlier, customs data showed on Monday, boosted by more buying on the back of low domestic stocks and better demand prospects.China, the world's biggest consumer and...

Oil prices rebound -

2023-09-22 00:00:00

LONDON, Sept 21 (Reuters): Oil prices rebounded from $1 down to $1 up in trading on Thursday, after a Russian ban on fuel exports snapped focus away from Western economic headwinds and back to throttled crude supply to the end...

Gold prices retreat

2023-09-22 00:00:00

Gold extended its decline for the third straight session on Thursday, as dollar and treasury yields rallied after the Federal Reserve reinforced its higher-for-longer strategy on interest rate hikes, reports Reuters.Spot gold shed 0.3 per cent to $1,923.26 per ounce...

Shell seeks investment partners in renewable assets in India

2023-09-22 00:00:00

LONDON, Sept 21 (Reuters): Shell said on Thursday it is seeking partners to invest in renewable assets developed and operated by its Indian business Sprng Energy as part of CEO Wael Sawan's effort to boost profits.Sprng, which Shell acquired from...

Russia imposes temporary restrictions on fuel exports

2023-09-22 00:00:00

MOSCOW, Sept 21 (Reuters): Russia has introduced temporary restrictions on exports of gasoline and diesel in order to stabilise the domestic market, the government said on Thursday.It did not specify how the restrictions would work. The energy ministry said separately...

India face Australia in 1st ODI ahead of World Cup today

2023-09-22 00:00:00

MOHALI, India, Sept 21 (Agencies): A three-match ODI series between India and Australia is all set to begin on Friday at the PCA stadium in Mohali. The series will be like a dress rehearsal for the two teams ahead of...

SA World Cup cricket faces blow as Nortje, Magala ruled out

2023-09-22 00:00:00

JOHANNESBURG, Sept 21 (AFP): Fast bowlers Anrich Nortje and Sisanda Magala have both been ruled out of the Cricket World Cup because of injury, Cricket South Africa announced on Thursday.They will be replaced by all-rounder Andile Phehlukwayo and fast bowler...

Argentina remain top of FIFA world rankings followed by France

2023-09-22 00:00:00

Argentina tightened its grip at the top spot of the FIFA World Ranking after the latest update was issued on Thursday by the game's governing body FIFA, report agencies.Argentina, who replaced Brazil at the summit in April, remained top after...

Md. Abdul Jabbar greets Principal Officer Arifur Rahman Belal presenting him with a bouquet

2023-09-22 00:00:00

Managing Director and Chief Executive Officer of Janata Bank Md. Abdul Jabbar greets Principal Officer Arifur Rahman Belal presenting him with a bouquet in the city recently. Belal participated in the Ironman World Championship 2023 held in France

Sriram made Tigers' technical consultant for WC 2023

2023-09-22 00:00:00

Former India all-rounder Sridharan Sriram has been reappointed as a technical consultant for the Bangladesh cricket team for the World Cup in India, the Bangladesh Cricket Board (BCB) said on Thursday, reports AFP.Sriram, who played eight one-day internationals for India...

Bangladesh make worse start

2023-09-22 00:00:00

Bangladesh team made a worse start in the six-nation South Asian Football Federation (SAFF) U-19 Championships after suffering a 0-3 goal defeat to their arch- rival India on Thursday afternoon, reports UNB.In the opening Group B match of the regional...

Chhetri's late penalty goal guides India to eliminate Bangladesh

2023-09-22 00:00:00

A late penalty goal by Sunil Chhetri keep India in the 19th Asian Games Men's Football race eliminating Bangladesh by 1-0 goal in a Group A match at the Xiaoshan Sports Center Stadium in Hangzhou, China on Thursday afternoon, reports...

BCB set to abolish two-tier National Cricket League

2023-09-22 00:00:00

Bangladesh Cricket Board is all set to abolish the two-tier National Cricket League, the country's traditional first-class tournament, from next season, according to Cricbuzz.BCB introduced the two-tier NCL in the 2015-16 season that involved promotion and relegation in order to...

News in Brief-(2023-09-22)

2023-09-22 00:00:00

DR Congo calls for swift withdrawal of UN peacekeepersUNITED NATIONS, Sept 21: The president of the Democratic Republic of Congo on Wednesday called for a speedy withdrawal of a key UN peacekeeping mission that has been in the nation for...

Pakistan national polls to be held by end January

2023-09-22 00:00:00

ISLAMABAD, Sept 21 (AFP): Pakistan will hold delayed national polls in January next year, the election commission announced Thursday, as the country grapples with overlapping political, economic and security crises.A caretaker government has been running the South Asian country since...

Zelensky urges world powers to strip Russia of its veto power

2023-09-22 00:00:00

UNITED NATIONS, Sept 21 (Agencies): Ukraine's president accused Russia of waging "a criminal and unprovoked aggression" that undermines all norms of war and the UN charter Wednesday at a meeting of the UN Security Council. Volodomyr Zelensky also urged world...

S Arabia getting closer to Israel normalisation deal: Prince

2023-09-22 00:00:00

Saudi Arabia's Crown Prince has said "every day we get closer" to normalising ties with Israel, reports BBC.A deal between the two powers would mark a huge regional shift. But in a rare interview with Fox News, Mohammed bin Salman...

Assad in China, seeks exit from diplomatic isolation

2023-09-22 00:00:00

BEIJING, Sept 21 (Reuters): Syrian President Bashar al-Assad has arrived in China's eastern city of Hangzhou, kicking off his first visit to the Asian nation since 2004 as he makes further strides to end more than a decade of diplomatic...

India suspends visa services for Canadians as tensions escalate

2023-09-22 00:00:00

NEW DELHI, Sept 21 (Agencies): India suspended visa services for Canadian citizens on Thursday, a foreign ministry spokesperson said, citing security threats to its staff in its consulates in Canada.The announcement came hours after Canada's high commission in India said...

Cop jailed for life for kidnapping college girl

2023-09-22 00:00:00

CHATTOGRAM, Sept 21 (BSS): A Chattogram court has awarded life term in prison to former police inspector Mizanur Rahman for kidnapping a college girl and 10 years in prison for attempt to rape the girl in 2011. Both judgments will...

Man held with phensidyl in Lalmonirhat

2023-09-22 00:00:00

LALMONIRHAT, Sept 21 (BSS): Members of Rapid Action Battalion (RAB) in a drive arrested a man with 1145 bottles of phensidyl from Aditmari upazila of the district on Wednesday evening.A press release, signed by Assistant Media Director of RAB-13 Mahmud...

Five pharmacies fined for selling saline at higher prices in Cumilla

2023-09-22 00:00:00

CUMILLA, Sept 21 (BSS): A team of Directorate of National Consumer Rights Protection (DNCRP) in a drive fined owners of five pharmacies Tk 36,000 for creating artificial crisis of saline and selling it at higher prices in Tomchambridge area under...