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ECB poised for another big rate hike as inflation soars

2022-09-09 00:00:00

FRANKFURT, Sept 08 (Reuters): The European Central Bank will raise interest rates again on Thursday to fight runaway inflation and, with a big move and a record one under consideration, the only question is by how much.Concerned that sky-high inflation...

Dhaka to list Indian Oil as G2G supplier of refined petroleum products

2022-09-09 00:00:00

Bangladesh has agreed to designate Indian Oil Corpo-ration Limited as a Government to Government or G2G supplier of refined petroleum products, according to Indian Foreign Secretary Vinay Kwatra, reports UNB."So that is very much there on the cards. The discussions...

Private firms, FIs for unified support to develop MSME ecosystem

2022-09-09 00:00:00

Experts at an event recently said micro, small and medium enterprises (MSMEs) needed unified business development support services to become more mainstream and competitive, says a press release.It can play a greater role in the development of the ecosystem in...

'Tree Plantation 2022' event of Eastern Refinery

2022-09-09 00:00:00

Managing Director of Eastern Refinery Limited Md Lokman inaugurated the organisation's 'Tree Plantation 2022' event on Wednesday. Officials of the organisation along with leaders of Eastern Refinery Officers Association, Eastern Refinery Employees Union (CBA) and Eastern Refinery Employees Co-operative Society...

ADB to scale up investments in air quality improvement

2022-09-09 00:00:00

The Asian Development Bank (ADB) launched on Wednesday the Asia Clean Blue Skies Program (ACBSP) to scale up ADB's investments in improving air quality in Asia and the Pacific, reports BSS.Launched at the joint forum of the Fourth Asia Pacific...

SC stays HC order asking authorities to reinstate 26 FBCCI officials

FE REPORT | 2022-09-09 00:00:00

The Appellate Division of the Supreme Court has stayed the High Court (HC) order that asked authorities concerned to dispose of the application filed by 26 employees, who were reportedly forced to resign from the Federation of Bangladesh Chambers of...

Mazibur Rahman joins as MD of Probashi Kallyan Bank

2022-09-09 00:00:00

Md Mazibur Rahman joined the state-run Probashi Kallyan Bank as its managing director on Tuesday. Prior to his new assignment, he served Sonali Bank Limited in the capacity of deputy managing director.He also worked as general manager at Rupali Bank...

BFIDC arranges rubber fair

2022-09-09 00:00:00

Minister for Environment, Forest and Climate Change Md Shahab Uddin inaugurated a seven-day long fair styled 'Natural Rubber & Rubber Based First Industrial Products Fair' on Wednesday in Chattogram. Bangladesh Forest Industries Development Corporation (BFIDC) has arranged the fair, according...

Deal signed to reduce fire accident risk in EZs

FE REPORT | 2022-09-09 00:00:00

Bangladesh Economic Zones Authority (BEZA) on Thursday signed a memorandum of understanding (MoU) with the Bangladesh Fire Service and Civil Defence (BFSCD) to reduce the risk of fire accidents in the economic zones.The agreement also aims to deal with any...

Biman flights on Dhaka-Rome route soon, says Mahbub Ali

2022-09-09 00:00:00

State Minister for Civil Aviation and Tourism Md Mahbub Ali said on Wednesday the operation of Biman Bangladesh Airlines flights on the Dhaka-Rome-Dhaka route would begin very soon to ensure smooth travel for the Bangladeshi expatriates in Italy, reports BSS."The...

Yellow metal remains under pressure

2022-09-09 00:00:00

NEW DELHI, Sept 08 (The Economic Times): Gold prices remained subdued on Thursday as the dollar hovered near its recent peak on aggressive US Fed rate hike bets.Fed officials said on Wednesday that they are still not convinced that the...

Wheat surges as Putin assails Ukraine grain deal

2022-09-09 00:00:00

MOSCOW, Sept 08 (The Financial Review): Wheat futures climbed as much as 6.9 per cent after Russian President Vladimir Putin criticised a recent grain deal with Ukraine, heightening attention on the sales outlook from the Black Sea region.The grain shipment...

Oil falls further as China extends Covid curbs

2022-09-09 00:00:00

LONDON, Sept 08 (Reuters): Oil prices fell on Thursday, extending sharp losses from the previous session, as China's extension of lockdown measures to curb the Covid-19 spread exacerbated concerns that a slowdown in economic activity globally would hit fuel demand.Brent...

Rain washes out opening session of England-SA Test

2022-09-09 00:00:00

LONDON, Sept 08 (AFP): Heavy rain meant no play was possible before lunch after England captain Ben Stokes opted to bowl first in the third and deciding Test against South Africa at The Oval on Thursday.Overnight downpours delayed the toss...

Alcaraz tops Sinner, advances to US Open semis

2022-09-09 00:00:00

NEW YORK, Sept 08 (Reuters): Carlos Alcaraz saved a match point in the fourth set before digging deep in the decider to beat Jannik Sinner in a five-set thriller and reach the U.S. Open semi-finals in the early hours of...

Pakistan face Sri Lanka in last Super 4 match today

2022-09-09 00:00:00

DUBAI, Sept 08 (Agencies): Pakistan is fresh off a thrilling win against Afghanistan in Sharjah, while Sri Lanka is riding the crest of a confidence wave after beating India.In a dress rehearsal of the 2022 Asia Cup final, Pakistan and...

Lewandowski becomes 1st player to score UCL hat-trick for three clubs

2022-09-09 00:00:00

BARCELONA, Spain, (AP): It didn't take long for Robert Lewandowski to leave his mark with Barcelona in the Champions League.Lewandowski scored three goals in the team's opening 5-1 rout of Viktoria Plzen on Wednesday, becoming the first player to get...

2nd National Urmi Group Squash Championship Tournament

2022-09-09 00:00:00

Managing Director of the SA Group Arefin Sajjad Alam receiving the winner's trophy of the 2nd National Urmi Group Squash Championship Tournament from Vice President of Bangladesh Squash Federation Major (Retd) Tanim Hasan at a function on Thursday — FE...

Australia seal Chappell-Hadlee series

2022-09-09 00:00:00

CAIRNS, Australia, Sept 08 (AFP): Top-ranked New Zealand collapsed to 82 all out in the face of scintillating bowling Thursday as Australia won the second one-day international by 113 runs to seal the Chappell-Hadlee series in Cairns.Australia clinched a thrilling...

Tigers to face Afghanistan, S Africa in T20 WC warm-ups

2022-09-09 00:00:00

Bangladesh national men's cricket team will play two T20 warm-up matches with Afghanistan and South Africa on October 17 and 19, ahead of the ICC Men's T20 World Cup 2022 in Australia, report agencies. International Cricket Council (ICC) have announced...

News in Brief -(2022-09-09)

2022-09-09 00:00:00

Two hurt as under-construction gate collapsesTwo workers were injured as the under-construction gate of historical Durga Sagar Dighi (lake) collapsed at Madhabpasha union in Babuganj upazila of Barishal on Thursday. The incident occurred around 11:00 am and the injured workers...

'City bus service will be launched to ease traffic gridlock in Rangpur'

2022-09-09 00:00:00

RANGPUR, Sept 08 (BSS): Rangpur Metropolitan Police (RpMP) Commissioner Nure Alam Mina said on Thursday the initiative will be taken to launch a city bus service as an alternative to auto-rickshaw to control traffic congestion in the metropolis."The initiative will...

Female college teacher burned to death

2022-09-09 00:00:00

The family of college teacher Tahmina Akhtar Muna has filed a case against her husband Sumon Salahuddin, accusing him of setting her on fire, reports bdnews24.com.Sumon surrendered to the court on Thursday morning and was sent to jail by the...

Three killed in road crashes in two dists -

2022-09-09 00:00:00

Three people were killed in separate road accidents in two dists on Thursday, reports UNBIn Khulna, a police officer on highway patrolling duty died after being hit by a speeding truck on the BKSP bypass in Khulna city in the...

Three-wheelers still dominate Sylhet highways

OUR CORRESPONDENT | 2022-09-09 00:00:00

SYLHET, Sept 8: Defying a ban, slow-moving three-wheelers continue to ply the highways in Sylhet region. These small vehicles are plying Dhaka-Sylhet, Sylhet-Tamabil and Sylhet-Sunamganj highways round the clock, causing disruption to the movement of speedy and heavy vehicles such...

2022 Europe's hottest summer on record

2022-09-09 00:00:00

PARIS, Sept 08 (AFP): The summer of 2022 was the hottest in Europe's recorded history, with the continent suffering blistering heatwaves and the worst drought in centuries, the European Commission's satellite monitor said on Thursday.The five hottest years on record...

Malaria vaccine is world-changing, say scientists

2022-09-09 00:00:00

A malaria vaccine with "world-changing" potential has been developed by scientists at the University of Oxford. The team expect it to be rolled out next year after trials showed up to 80% protection against the deadly disease.Crucially, say the scientists,...

Sweeteners may raise heart disease risk

2022-09-09 00:00:00

PARIS, Sept 08 (AFP): A large study suggested Thursday that artificial sweetener could be associated with a higher risk of heart disease, however experts urged caution about the findings.Sweeteners are consumed by millions every day in products like diet soda,...

US okays $2.6b in new aid for Ukraine

2022-09-09 00:00:00

NEW YORK, Sept 08 (BBC): The US has approved nearly $2.7bn (£2.3bn) in new aid for Ukraine including $675m in arms supplies as the country battles Russia's invasion.Defence Secretary Lloyd Austin announced the package at a meeting with dozens of...

Iran has enough uranium for a bomb, says IAEA

2022-09-09 00:00:00

NEW YORK, Sept 08 (Reuters): Iran's stock of uranium enriched to up to 60%, close to weapons-grade, has grown to enough, if enriched further, for a nuclear bomb, a report by the United Nations nuclear watchdog showed on Wednesday.Passing that...