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Dell ceases all Russian operations after Aug offices closure

2022-08-29 00:00:00

MOSCOW, Aug 28 (Reuters): Dell Technologies Inc. said on Saturday it had ceased all Russian operations after closing its offices in mid-August, the latest in a growing list of Western firms to exit Russia.The US computer firm, a vital supplier...

Alhokair trims first-half losses by 49pc

2022-08-29 00:00:00

RIYADH, Aug 28 (Arab News): Abdulmohsen Alhokair Group for Tourism and Development has narrowed down its losses by 49 per cent in the first half of 2022, thanks to strong revenue growth.The Saudi hospitality giant managed to bring down its...

‘Bank of Korea must raise rate’

2022-08-29 00:00:00

SEOUL, Aug 28 (Reuters): The Bank of Korea (BOK) must keep raising interest rates until the rate of inflation is in decline, but the central bank likely could not halt its tightening before the US Federal Reserve, Governor Rhee Chang-yong...

ECB policymakers make case for a big rate hike

2022-08-29 00:00:00

JACKSON HOLE, Aug 28 (Reuters): European Central Bank (ECB) policymakers made the case on Saturday for a large interest rate hike next month as inflation remains uncomfortably high and the public may be losing trust in the bank's inflation-fighting credentials.The...

Indian investors eye large-scale JVs: BIDA

2022-08-29 00:00:00

Indian entrepreneurs have expressed their interest in boosting bilateral trade and commerce through large-scale joint venture investments in Bangladesh, reports BSS.Bangladesh Investment Development Authority (BIDA) Executive Chairman Md Sirazul Islam disclosed it while speaking at a press conference at BIDA...

Strike at Spain's Iberia Express grounds flights

2022-08-29 00:00:00

MADRID, Aug 28 (AFP): Iberia Express, the low-cost arm of Spain's national carrier, cancelled eight domestic flights Sunday as cabin crew launched a 10-day strike for higher wages amid soaring inflation.The walkout, which will run from August 28 to September...

India bans export of wheat flour to curb rising prices

2022-08-29 00:00:00

The Union government on Saturday banned the export of wheat flour, maida, semolina and wholemeal aata to control rising prices, reports Reuter.In May, India banned the export of wheat itself after a spate of severe heat waves since March curtailed...

Mohammad Jahangir Alam is speaking at the opening ceremony

2022-08-29 00:00:00

Managing Director of GPH Ispat Mohammad Jahangir Alam is speaking at the opening ceremony of a free medical camp organised by GPH Ispat on Sunday for the women of Kumira at Sitakunda in Chattogram

Tea estates in Sylhet come alive as workers return after a wage hike

2022-08-29 00:00:00

A weeks-long standoff between workers and estate owners ended on the prime minister's assurance that daily wages would be hiked by Tk 50 to Tk 170.Tea plantation workers in Sylhet have returned to work after weeks of protests ended with...

Push for increased investment in HR

OUR CORRESPONDENT | 2022-08-29 00:00:00

CHATTOGRAM, Aug 28: Speakers at a port city event stressed the need for increased investment in human resource development in order to promote sustained development in the country. They called for honing skills of the country's trained workforce and develop...

Agreement on CMSME Refinance Scheme

2022-08-29 00:00:00

Jahangir takes over MD, CEO of Rupali Bank

2022-08-29 00:00:00

Mohammad Jahangir started serving as the managing director and chief executive officer of Rupali Bank Limited on Sunday, says a press release. He joined Rupali Bank as managing director through a circular from the Financial Institutions Division of the Ministry...

Murshedul Kabir takes over as Agrani Bank MD, CEO

2022-08-29 00:00:00

Md Murshedul Kabir started working as managing director and CEO in Agrani Bank Limited on Sunday, according to a statement. Prior to his new assignment, he served as deputy managing director in Sonali Bank.He also served in Janata Bank Limited.Mr...

Afzal Karim takes over as CEO, MD of Sonali Bank

2022-08-29 00:00:00

Md Afzal Karim joined the position of CEO and managing director of state-owned Sonali Bank Limited on Sunday, says a press release.Prior to his new assignment, he served Bangladesh House Building Finance Corporation (BHFC) as its managing director.He previously worked...

Scanners ‘to be installed soon’ at Ctg port gates

2022-08-29 00:00:00

Chattogram, Aug 28 (UNB): The work on installing scanners at every gate of Chittagong port is underway for easing import-export activities, said State Minister for Shipping Khalid Mahmud Chowdhury on Sunday.The scanner installation work is also underway at all land...

HSBC ‘market leader’ in corporate banking, ESG, CSR

2022-08-29 00:00:00

The Hongkong and Shanghai Banking Corporation Limited (HSBC) Bangladesh has recently been named as the market leader in the highest number of (three) categories in Bangladesh for corporate banking, environmental, social and governance (ESG) and corporate social responsibility (CSR) in...

Power outages 'ease' as diesel-run plants restart amid better supply

2022-08-29 00:00:00

Bangladesh's electricity crisis appears to have relented slightly with the restart of the diesel-run power plants and increased supply of gas, reports bdnews24.com.Daily electricity shortage has fallen to 500MW now from over 2,000MW last month, according to data provided by...

Serena prepares for final curtain call

2022-08-29 00:00:00

NEW YORK, Aug 28 (AFP): After a glittering 27-year professional career in which she became one of the greatest players of all time, Serena Williams is preparing to bid farewell to tennis at the major where it all began.The 40-year-old...

Afif made Tigers' vice captain for Asia Cup

2022-08-29 00:00:00

Bangladesh Cricket Board (BCB) has named top order batter Afif Hossain as the vice captain of Bangladesh cricket team for the Asia Cup 2022 now underway in the UAE, reports UNB.The 22-year-old left-hander has played 47 T20 internationals for Bangladesh...

Australia roll over Zimbabwe

2022-08-29 00:00:00

TOWNSVILLE, Australia, Aug 28 (AFP): Glenn Maxwell smashed an unbeaten 32 off nine balls to take Australia to an easy five-wicket win over Zimbabwe in the first of three one-day internationals at Townsville's Riverway Stadium on Sunday.Chasing 201 for victory,...

Liverpool equal biggest-ever wins

2022-08-29 00:00:00

MANCHESTER, England, Aug 28 (Reuters): Liverpool matched the record for the biggest ever Premier League win with a 9-0 thrashing of Bournemouth on Saturday while Erling Haaland got his first Manchester City hat-trick and Manchester United ended a run of...

Tigers' crucial match against Afghanistan tomorrow

2022-08-29 00:00:00

The Afghanistan men's national T20 team shocked many cricket pundits in the Asia Cup 2022 opener by beating Sri Lanka by eight wickets in one-sided affair at the Dubai International Cricket Stadium on Saturday. The way Afghanistan dominated the contest...

News in Brief (2022-08-29)

2022-08-29 00:00:00

Judge to appoint special master in Trump caseWASHINGTON, Aug 28: A federal judge in Florida told the Justice Department on Saturday to provide her with more specific information about the classified records removed from former President Donald Trump's Florida estate...

US sails two warships thru Taiwan Strait

2022-08-29 00:00:00

TAIPEI, Aug 28 (AP): The U.S. Navy is sailing two warships through the Taiwan Strait on Sunday, in the first such transit publicized since U.S. House Speaker Nancy Pelosi visited Taiwan earlier in August, at a time when tensions have...

Dutch truck crash leaves 6 people dead

2022-08-29 00:00:00

THE HAGUE, Aug 28 (AFP): Dutch police on Sunday raised the death toll to six with seven other people hurt after a horse-and-trailer truck ran off a dike road, ploughing into revellers.The accident happened around six pm (1600 GMT) on...

Ukraine, Russia trade more blame over threats to N plant

2022-08-29 00:00:00

KYIV, Aug 28 (AP): Fears about the potential for a radiation leak at Europe's largest nuclear power plant persisted Saturday as both sides traded blame for nearby shelling. Ukraine said Russian forces fired on areas just across the river from...

119 more perish in Pak floods in 24 hours

2022-08-29 00:00:00

ISAMABAD, Aug 28 (BBC/AP): Pakistan is appealing for further international assistance as floods devastate the country, leaving people searching for higher, drier ground.The death toll from the monsoon rains has reached 1,033 - with 119 killed in the last 24...

Man held with heroin in Sirajganj

2022-08-29 00:00:00

SIRAJGANJ, August 28 (BSS): Police in a drive arrested an alleged drug peddler with 1,350 grams of heroin from Koddar Mour of the district in the early hours of Sunday.The arrestee is Ohid Ali Nobin (32), hailed from Godagari upazila...

Schoolgirl stabbed for refusing youth's proposal

2022-08-29 00:00:00

KUSHTIA, Aug 28, (UNB): A youth allegedly stabbed a tenth-grader after she refused his proposal of a relationship in Jhaudia Bazar area of the district town on Saturday afternoon.Police, however, detained a man, who allegedly assisted the youth in stabbing...

Two killed in Barishal road crash

2022-08-29 00:00:00

BARISHAL, Aug 28 (UNB): Two people were killed and two others injured when a bus hit a van carrying them on Dhaka-Barishal highway at Rahmatpur in Babuganj upazila of Barishal district on Sunday, said police. The dead are Fazlul Haque...