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Golam Mohammad Quader distributing food among destitute people

2022-07-16 00:00:00

Jatiya Party chairman Golam Mohammad Quader distributing food among destitute people in the city's Jurain on Friday, marking the third death anniversary of the party’s founder, Hussain Muhammad Ershad. — Collected

Justice Kazi Ebadul Hoque no more

FE REPORT | 2022-07-16 00:00:00

Kazi Ebadul Hoque, a former judge of the Appellate Division of the Supreme Court and also a Language Movement hero, died at the age of 86.He passed away during treatment at Dhaka's Samorita Hospital in the early hours of Friday,...

Palak visits digital village in Cox's Bazar

2022-07-16 00:00:00

State Minister for ICT Division Zunaid Ahmed Palak Friday visited a digital village in Cox's Bazar to oversee its activities.To break the digital divide in rural areas and support the smallholder farmers in Tulatoli village located at Ukhiya, the special...

BNP turns into a fallen political party: Quader

2022-07-16 00:00:00

Awami League General Secretary Obaidul Quader on Friday said the Bangladesh Nationalist Party (BNP) has become a fallen political party after being repeatedly rejected by the country's people, reports BSS."Avoiding the path of politics, they (BNP leaders) are trying to...

Imprisonment day of Sheikh Hasina today

2022-07-16 00:00:00

The imprisonment day of Awami League (AL) President and Prime Minister Sheikh Hasina will be observed in the country today (Saturday) in a befitting manner, reports BSS.Sheikh Hasina was arrested from her Sudha Sadan residence at Dhanmondi in the city...

News Briefs (2022-07-16)

2022-07-16 00:00:00

Global IPO volumes fall 46 per centGlobal initial public offering (IPO) saw its year-to-date (YTD) volumes fall 46 per cent year on year to 630 IPOs, with proceeds shrinking 58 per cent to US$95.4 billion, as heightened volatility caused by...

BlackRock misses profit estimates

2022-07-16 00:00:00

BlackRock Inc reported a bigger fall in quarterly profit than expected on Friday as the turmoil in global markets shrank the world's largest asset manager's fee income and retail investors redeemed their savings, reports Reuters.Adjusted profit fell to $1.12 billion,...

Asian stocks mixed as recession fears grow, China data disappoints

2022-07-16 00:00:00

HONG KONG, July 15 (AFP): Stocks were mixed in Asia on Friday as soaring inflation and a series of interest rate hikes around the world continued to fan recession fears, while a big miss on Chinese growth added to anxiety...

Global equity funds post third weekly outflow

2022-07-16 00:00:00

Global equity funds faced a third straight week of outflows in the week to July 12 on concerns over the prospect of further central bank interest rate hikes and the health of economies worldwide, reports Reuters.According to Refinitiv Lipper, investors...

Ten cos grab one third of weekly DSE turnover

FE REPORT | 2022-07-16 00:00:00

Ten most-traded stocks accounted for nearly one third of transactions on the Dhaka Stock Exchange (DSE) in the outgoing week, with Bangladesh Export Import Company (Beximco) leading the turnover list.Market insiders said Beximco -- the flagship company of Beximco Group...

Investors still in selling mode

BABUL BARMAN | 2022-07-16 00:00:00

Stocks witnessed yet another bearish week to Thursday, the shortened week after Eid vacation, as jittery investors remained in selling mode amid growing macroeconomic worries.This week saw three trading days as the market remained closed for the first two days...

News in brief 16-07-2022

2022-07-16 00:00:00

Iran warns US, allies against regional securityTEHRAN, July 15: Iran warned the United States and its allies against undermining regional security after US President Joe Biden signed Thursday a security pact with Israel during a visit to the Jewish state....

‘25m kids’ missed routine vaccinations amid COVID

2022-07-16 00:00:00

GENEVA (AP): About 25 million children worldwide have missed out on routine immunizations against common diseases like diptheria, largely because the coronavirus pandemic disrupted regular health services or triggered misinformation about vaccines, according to the U.N.In a new report published...

Donald Trump's first wife Ivana dies aged 73

2022-07-16 00:00:00

NEW YORK, July 15, 2022 (BSS/AFP) - Ivana Trump-Donald Trump's first wife and mother of his three eldest children-died on Thursday at the age of 73, the former president announced. Ivana Trump "passed away at her home in New York...

Draghi urged to fix crisis as resignation refused

2022-07-16 00:00:00

ROME, July 15 (AFP): Italy's teetering government was thrown a lifeline Thursday after the country's president refused to accept the resignation of Prime Minister Mario Draghi, insisting he address parliament in a bid to avoid snap elections.Draghi had earlier vowed...

Imran Khan faces popularity test in provincial by-election

2022-07-16 00:00:00

ISLAMABAD, July 15 (AFP): Former Pakistani prime minister Imran Khan faces a popularity test this weekend in a by-election for 20 assembly seats in the country's most populous province.Sunday's vote in Punjab is seen as a possible bellwether for national...

Southwest Europe swelters, wildfires burn

2022-07-16 00:00:00

MADRID, July 15 (AFP): Thousands of firefighters on Friday battled wildfires in France, Portugal and Spain in the face of scorching heatwaves as Britain braced for "extreme" heat in the coming days.Swathes of southwest Europe are enduring their second heatwave...

Palestinians need political horizon towards peace: Biden

2022-07-16 00:00:00

BETHLEHEM (Palestinian Territories) July 15 (AFP): Palestinians require a political path towards peace with Israel, even if a two-state solution to the conflict appears far off, US President Joe Biden said Friday as he met Palestinian leader Mahmud Abbas.Biden, making...

De Silva returns, Oshada to open in first Pak Test

2022-07-16 00:00:00

GALLE, Sri Lanka, July 15 (AFP): Sri Lanka's Dhananjaya de Silva will return to the team after recovering from Covid-19, skipper Dimuth Karunaratne said Friday ahead of the first Test against Pakistan.The two-match series starts Saturday in Galle, where the...

MSC register comfortable win

2022-07-16 00:00:00

Mohammedan Sporting Club registered a comfortable 3-0 drubbing over Uttar Baridhara Club, Sheikh Russel KC, Muktijoddha SKC play goalless and Rahmatganj MFS, Police FC split point in the TVS Bangladesh Premier League (BPL) football held at different vanues of the...

England thump India to level ODI series

2022-07-16 00:00:00

LONDON, July 15 (AFP): Reece Topley took 6-24, the best figures by any England bowler in a one-day international, as the world champions bounced back to beat India by 100 runs at Lord's on Thursday.India, chasing 247 to win, were...

Mahmudul, Khaled, Anamul, Rejaur to tour WI for B'desh A

2022-07-16 00:00:00

A number of international Bangladesh players will tour the Caribbean with the A squads next month, according to Cricbuzz.com. Four players from the current senior team's tour - Mahmudul Hasan Joy, Khaled Ahmed, Rejaur Rahman Raja and Anamul Haque -...

Russia ready to boost food, fertilizer exports: Vershinin

2022-07-16 00:00:00

UNITED NATIONS, July 15, (TASS): Being a reliable supplier, Russia is ready to significantly increase its exports of food and fertilizers to the global market, Russian Deputy Foreign Minister Sergey Vershinin has said."On the subject of food security, we would...

US says no restrictions on farm equipment to Russia

2022-07-16 00:00:00

WASHINGTON, July 15 (AFP) : The United States said Thursday that it would not bar the sale of farm equipment to Russia, again denying Moscow's allegations that Western sanctions-not its invasion of Ukraine-are causing the global food crisis.The Treasury Department,...

G20 finance chiefs meet as Indonesia warns of energy, food catastrophe

2022-07-16 00:00:00

BALI (Indonesia) July 15 (AFP) : Group of 20 finance ministers and central bank chiefs from top economies met in Indonesia Friday for talks on the fallout from Russia's invasion of Ukraine, with the host warning them failure to tackle...

Gold slides as dollar rallies on steep Fed rate hike bets

2022-07-16 00:00:00

Gold prices shed more than 1.0 per cent on Thursday, hovering near a one-year low, as the dollar extended its blistering rally after a hot U.S. inflation print cemented expectations around an aggressive Federal Reserve rate hike, reports Reuters.Gold, which...

S Arabia doubles Q2 Russian fuel oil imports

2022-07-16 00:00:00

Saudi Arabia, the world's largest oil exporter, more than doubled the amount of Russian fuel oil it imported in the second quarter to feed power stations to meet summer cooling demand and free up the kingdom's own crude for export,...

Copper breaks below $7,000 mark on weak Chinese data

2022-07-16 00:00:00

LONDON, July 15 (Reuters): Copper prices plumbed fresh lows on Friday after worse-than-expected economic data in top metals consumer China deepened fears about lacklustre metals demand.Copper prices on the London Metal Exchange, which were heading for the worst weekly loss...

Wheat prices rise on export demand, corn, soy also climb

2022-07-16 00:00:00

LONDON, July 15 (Reuters): Chicago wheat futures rose on Friday, boosted by strong export sales with the recent drop in prices leading to a pick-up in demand in the physical market.The most-active wheat contract on the Chicago Board of Trade...

Oil price rises on Saudi oil production expectations

2022-07-16 00:00:00

LONDON, July 15 (Reuters): Oil prices rose on Friday after a U.S. official told Reuters an immediate Saudi oil output boost is not expected, with further support from indications that the U.S. central bank could raise interest rates less aggressively...