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China fines Didi Global $1.2bn for violating data security laws

2022-07-22 00:00:00

China's cybersecurity regulator said on Thursday it has fined Didi Global Inc 8.026 billion yuan ($1.19 billion), concluding a probe that forced the ride-hailing giant to delist from New York within a year and cast a gloom over the Chinese...

Fed-up Sri Lankans rush for passports

2022-07-22 00:00:00

COLOMBO, July 21 (AFP): One of the longest queues in the Sri Lankan capital Colombo is for the exit, as thousands of people line up outside the immigration office seeking passports to escape the country's economic crisis.Every day, about 3,000...

ADB slashes Asia growth forecast as fuel, food prices rise

2022-07-22 00:00:00

MANILA, July 21 (AFP): The Asian Development Bank on Thursday slashed its 2022 growth forecast for developing Asia and warned economic conditions could worsen, as the war in Ukraine and supply chain disruptions drive up prices.While the impact of Covid-19...

Team Bangladesh lifts Unilever Future Leaders' League 2022 trophy

2022-07-22 00:00:00

A three-member team from Bangladesh won the Unilever Future Leaders' League (UFLL) competition, a global business case competition that connects students from all over the world. The international competition is centered around creating a better business environment and a better...

Qatar telecoms firm Ooredoo in talks to sell its Myanmar unit

2022-07-22 00:00:00

Qatari telecommunications firm Ooredoo is in talks to sell its Myanmar unit in what would mark the exit of the country's last foreign telecoms operator, two people familiar with the matter told Reuters.The people said Doha-based Ooredoo has informed Myanmar's...

EU to soften bans on Russian banks to allow food trade

2022-07-22 00:00:00

The European Union will amend its sanctions on Moscow on Wednesday by allowing the unfreezing of some funds of top Russian banks that may be required to ease bottlenecks in the global trade of food and fertilisers, a draft document...

Create separate ministry on blue economy

FE REPORT | 2022-07-22 00:00:00

Mentioning that untapped potential of the ocean-based economy can bring a huge opportunity for Bangladesh, discussants at a programme have suggested creating a separate ministry for harnessing huge resources hidden in its Bay-based blue economy.They eye huge jobs, foreign investments...

Gold hits over 1-year low, ECB rate decision in focus

2022-07-22 00:00:00

Gold prices touched a more than one-year low on Thursday as the prospect of aggressive policy tightening by major central banks weighed on the non-interest-bearing metal's appeal, while investors awaited European Central Bank's policy announcement, reports Reuters.Spot gold fell 0.8...

Oil prices slump as stockpiles and rate hikes stoke demand fears

2022-07-22 00:00:00

LONDON, July 21 (Reuters): Oil prices fell by more than $5.0 on Thursday after higher US gasoline stockpiles and an ECB rate hike stoked demand worries and returning oil supply from Libya eased supply concerns.Brent crude futures lost $3.88, or...

Seven get 10 years’ jail for abduction in Khulna

2022-07-22 00:00:00

KHULNA, July 21 (UNB): A Khulna court on Thursday sentenced seven people to ten years imprisonment for abducting two people in 2010. Khulna Special Sessions and Divisional Judge Wahiduzzaman Shikdar handed down the punishment. The convicts are Rabiul Islam, Sajuddin...

Another death takes flood toll to 127: DGHS

2022-07-22 00:00:00

The death toll from the devastating flood in the country rose to 127 with another death in Moulvibazar district in 24 hours till Thursday morning, reports UNB. The latest victim drowned in floodwater, according to the Directorate General of Health...

Rangpur may see bumper maize output in Kharif-1 season

2022-07-22 00:00:00

RANGPUR, July 21 (BSS): An excellent production of maize is likely as its harvest is nearing completion with a pleasant yield rate during the current Kharif-1 season in the Rangpur agriculture region. Officials of the Department of Agricultural Extension (DAE)...

Floods damage 1,600km roads, bridges in Sylhet

2022-07-22 00:00:00

SYLHET, July 21 (UNB): Two rounds of flood have caused extensive damages to roads and bridges in Sylhet division, disrupting road communication and causing sufferings to people. Some areas in Sylhet division are still under floodwater. Vehicles are plying on...

Barishal roads turn perilous

2022-07-22 00:00:00

BARISHAL, July 21 (UNB): Within 24 hours of a tragic road accident that left six people dead in Barishal on Wednesday, four people have lost their lives in the same district in a collision between two vehicles. Four people were...

Sonia being grilled in graft case

2022-07-22 00:00:00

NEW DELHI, July 21 (BBC): Sonia Gandhi, the president of India's opposition Congress party, is being questioned by a government agency in connection with a corruption case.She and her son Rahul Gandhi have been accused of misusing party funds to...

Therapy cures haemophilia B

2022-07-22 00:00:00

LONDON, July 21 (BBC): A "transformational" therapy has effectively cured people with the bleeding disorder haemophilia B, say British doctors.The treatment corrects a genetic defect that leaves people's blood struggling to clot and stop bleeding.s, who was part of the...

Russian rockets pummel Kharkiv

2022-07-22 00:00:00

KYIV, July 21 (AFP): Russian artillery strikes pounded Ukraine's second largest city Kharkiv on Thursday after Moscow announced it was expanding its war aims, even as Russian gas flows to Europe resumed through the Nord Stream pipeline.The attacks on the...

Sunak or Truss will become UK PM

2022-07-22 00:00:00

LONDON, July 21 (Reuters): The final two in the race to replace British Prime Minister Boris Johnson will be selected on Wednesday, the penultimate chapter in a divisive battle that is too close to call between the three remaining candidates.Former...

Biden to hold talks with Xi soon

2022-07-22 00:00:00

WASHINGTON, July 21 (Reuters): US President Joe Biden plans to speak with his Chinese counterpart, Xi Jinping, by the end of the month at a moment of simmering tensions between the countries over Taiwan and trade."I think I'll be talking...

Defeating the agents of unrest sullying humanity

Shihab Sarkar | 2022-07-22 00:00:00

When cosmologists and space enthusiasts around the world remain dazed in amazement over the great feat of the James Webb Space Telescope, many areas of this Earth continue to be torn by hatred. This is an ancient form of rancour...

Increasing DU central library's seats

2022-07-22 00:00:00

The central library of Dhaka University opens at 8:00am every day. But students gather and queue up in front of the locked entrance from 7:00am to grab a seat and study inside as, on an average, it has just one...

Road under Hanif Flyover needs attention

2022-07-22 00:00:00

Mayor Hanif Flyover from Gulistan to Jatrabari seems to be a blessing for the people who live near the mega-structure. It has greatly reduced the travel time for many of us. But unfortunately, the road under the flyover is the...

Delegation of regulatory authority!

Zahid Huq | 2022-07-22 00:00:00

The government's decision on power outages because of the rise in LNG and oil prices hit the headlines of the last Tuesday's issue of all national newspapers. Load-shedding that has returned after many years stirred up worries among all sections...

Multilateralism has been a casualty

Nilratan Halder | 2022-07-22 00:00:00

Societies the world over are becoming increasingly intolerant and violent. Political intrigues and atrocious economic inequality have stoked religious fundamentalism, bigotry and hate campaign. The victims everywhere are 'religious minorities' or vulnerable people. Slavery and apartheid have long been abolished...

Raising the export target in a turbulent year

2022-07-22 00:00:00

Setting export target for a country like Bangladesh is more than a mere exercise in jugglery of figures. Apart from its being a macroeconomic indicator of stability and sustainability, it is also a hallmark of a country's progress or otherwise....

Bangladesh's gas crisis: A puzzling paradox

Jehangir Hussain | 2022-07-22 00:00:00

Bangladesh has enough power- generation capacity to provide electricity to all, but a depressing reality is that load-shedding has become a daily affair. The question is why then enough power is not generated? The answer is the operators are constrained...

Why are marketing agencies so prevalent in Bangladesh?

Abir Ershad | 2022-07-21 12:00:00

Marketing is a major business function, and businesses that tend to overlook its importance either have an excellent product or they're making a bad decision. Despite this importance and the fact that marketing is an introductory business course, there are...

Odd thoughts

Sajjad Zohir | 2022-07-21 12:00:00

The two ideas mentioned below popped up while a few of my colleagues were discussing contemporary issues at random. Lest some enthusiastic political leaders or a powerful group of actors find the ideas useful, I dare to put those in...

Vaccination drive extended

2022-07-21 00:00:00

The authorities have extended the nationwide daylong Covid-19 vaccination campaign till today (July 21) aiming to fulfill the target of administering 7.5 million people with second and booster dose, report agencies."We have set a target of administering 7.5 million people......

HC rules over issuing gazette declaring Kazi Nazrul as National Poet

FE REPORT | 2022-07-21 00:00:00

The High Court on Wednesday issued a rule asking the authorities concerned to explain as to why they should not be directed to issue a gazette notification, declaring Kazi Nazrul Islam as National Poet.A HC court bench of Justice Farah...