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Samsung Australia fined $9.7m

2022-06-24 00:00:00

SEOUL, June 23 (Reuters): Australia's competition regulator said on Thursday a court ordered the local unit of Samsung Electronics to pay a A$14 million ($9.65 million) penalty for nine misleading advertisements about a water-resistance feature in some of its smartphones.Samsung...

Ferrari installs 1MW fuel cell plant to speed up carbon neutrality

2022-06-24 00:00:00

MILAN, June 23 (Reuters): Italy's Ferrari said on Thursday a new fuel cell plant had been recently installed at its historic headquarters facilities in Maranello, in a further step by the luxury car maker to becoming carbon neutral by 2030.The...

UK debt repayments soar on high inflation

2022-06-24 00:00:00

LONDON, June 23 (AFP): Interest repayments on UK government debt have soared as the country's inflation reaches the highest levels in decades, official data showed Thursday.Repayments in May stood at £7.6 billion ($9.3 billion), up 70 per cent compared with...

Toyota recalls first mass-produced EVs

2022-06-24 00:00:00

TOKYO, June 23 (Reuters): Toyota Motor Corp said on Thursday it would recall 2,700 of its first mass-produced electric vehicles (EVs) because of a danger that wheels could come loose.The world's largest automaker by sales submitted the recall of the...

Citigroup sees chances of global recession nearing 50pc

2022-06-24 00:00:00

NEW YORK, June 23 (Reuters): Citigroup is forecasting a near 50 per cent probability of a global recession, as central banks rush to raise interest rates to stamp out inflation that has been partly fueled by the impact of the...

Ansar-VDP Unnayan Bank distributed relief items

2022-06-24 00:00:00

Ansar-VDP Unnayan Bank distributed relief items among flood-affected people of Sylhet on Wednesday. Officials of the bank and the Bangladesh Ansar and VDP were present during the distribution

Unilever BD launches refill machine

2022-06-24 00:00:00

Unilever Bangladesh Limited (UBL) has introduced the 1st ever refill machine in country for dispensing liquid type products to its consumers as part of its innovative approach to reduce plastic use through technology and behaviour change, said a press release.Dr...

Rupali Bank holds signing ceremony of APA

2022-06-24 00:00:00

The signing ceremony of Rupali Bank Limited's Annual Performance Agreement was held in the city on Thursday, said a press release.Rupali Bank Managing Director and CEO Md Obayed Ullah Al Masud signed the agreement with the bank's general managers, deputy...

Swisscontact to help with waste management in MSMEs

OUR CORRESPONDENT | 2022-06-24 00:00:00

CHATTOGRAM, June 23: Swisscontact Bangladesh has teamed up with Geocycle Bangladesh, the waste management wing of Lafarge Holcim Bangladesh Limited, to implement a green initiative in micro, small and medium enterprises (MSMEs) of leathergoods sector in Bhairab, Kishoreganj. A Memorandum...

Gold ekes out gains as slowdown fears mount

2022-06-24 00:00:00

Gold prices edged up on Thursday as growing recessions fears and a pull back in US Treasury yields helped bullion overcome pressure from expectations of aggressive monetary tightening, reports Reuters.Spot gold rose 0.3 per cent to $1,842.85 per ounce by...

Oil rebounds as investors assess recession risks

2022-06-24 00:00:00

LONDON, June 23 (Reuters): Oil prices edged higher on Thursday after earlier falls as investors weighed the risks of recession and how fuel demand will be affected by rising interest rates and tight supplies.Brent crude futures rose by 50 cents,...

Man electrocuted in Noakhali

2022-06-24 00:00:00

NOAKHALI, June 23 (BSS): A man was electrocuted at Fakirhat Government Primary School in Senbagh upazila of the district on Thursday.The deceased was identified as Tofael Ahmed Ripon, 45, hailed from Modhdho Bijbagh in the upazila.

Two tribal men's bodies recovered from river

2022-06-24 00:00:00

RANGAMATI, June 23 (UNB): The bodies of two indigenous men were recovered from the Kachalong river in Baghaichhari upazila of Rangamati district on Thursday morning, a day after they drowned in the river.The deceased were identified as Shukar Chakma, 32,...

Rajshahi mkts see ample supply of mangoes

2022-06-24 00:00:00

RAJSHAHI, June 23 (BSS): Both wholesale and retail mango markets in Rajshahi and its adjacent districts particularly Chapainawabganj and Naogaon are seen bustling with all varieties of mangoes during the current peak season of the delicious fruit. Huge supply of...

Uncertainty looms large on southern waterways as Padma Bridge is to open

2022-06-24 00:00:00

The Padma Bridge has created a frenzy of excitement among travellers, but there is uncertainty about how southern river routes will cope with the unknown future, reports bdnews24.com.Of the 107 water routes across the country, 43 connect Dhaka's Sadarghat river...

Portion of river embankment in Moulvibazar collapses

OUR CORRESPONDENT | 2022-06-24 00:00:00

SYLHET, June, 23: A portion of the embankment along the Dholai riverbanks in Komolganj upazila of Moulvibazar has collapsed due to heavy rain and upstream water.At least seven points of the embankment went under water.Authority of Moulvibazar Water Development Board...

EU Commission proposes 50pc pesticides cut by 2030

2022-06-24 00:00:00

BRUSSELS, June 23 (AP): The European Union's executive arm on Wednesday proposed setting legally binding targets to reduce the use of chemical pesticides by 50% by 2030 and a ban on all pesticide use in areas such public parks, playgrounds...

Covid cases rise in SE Asia, ME and Europe

2022-06-24 00:00:00

LONDON, June 23 (AP): The number of new coronavirus cases rose in Southeast Asia, the Middle East and Europe last week, while the number of deaths globally dropped by 16%, according to the World Health Organization's latest weekly pandemic report...

Antibody therapies fight cancer, other illnesses

2022-06-24 00:00:00

PARIS, June 23 (AFP): Antibody therapies are offering promising treatment breakthroughs for cancer and other illnesses, generating greater investor interest more than 20 years after they were first commercialised.Antibodies are proteins that recognise foreign substances, known as antigens, attaching themselves...

Russia aiming to destroy Donbas: Zelensky

2022-06-24 00:00:00

KYIV, June 23 (BBC/AP): A key advisor to Ukraine's president has said the battle for the eastern cities of Severodonetsk and Lysychansk has reached a "fearsome climax".Oleksiy Arestovych said Russian forces could soon encircle the twin cities and cut them...

UK by-polls pose fresh threat to Johnson

2022-06-24 00:00:00

LONDON, June 23 (AFP): Voters head to the polls on Thursday in two closely watched UK by-elections that risk renewing pressure on beleaguered Prime Minister Boris Johnson following months of scandals and setbacks.His ruling Conservatives are tipped to lose both...

Afghan quake survivors dig by hand through villages

2022-06-24 00:00:00

GAYAN, June 23 (AP/BBC): Survivors dug by hand Thursday through villages in eastern Afghanistan reduced to rubble by a powerful earthquake that killed at least 1,000 people, as the Taliban and the international community that fled their takeover struggled to...

Lankan parliament shuts early to save fuel

2022-06-24 00:00:00

COLOMBO, June 23 (AFP): Sri Lanka's parliament has cancelled its remaining sittings for the week to save fuel, officials said Thursday, with a disastrous economic crisis rapidly depleting the island nation's already scarce petrol supplies.A critical shortage of foreign currency...

N Korean nuke may target South

2022-06-24 00:00:00

SEOUL, June 23 (AP): North Korea discussed assigning additional duties to its frontline army units at a key military meeting, state media said Thursday, a suggestion the country may want to deploy battlefield nuclear weapons targeting South Korea along the...

Indian shares rise -

2022-06-24 00:00:00

BENGALURU, June 23 (Reuters): Indian shares bucked a broader downturn on Thursday as weak metal and oil prices drove beaten-down automakers to their best day since April 2020.The NSE Nifty 50 index rose 0.93 per cent to 15,556.65, while the...

News Briefs (2022-06-24)

2022-06-24 00:00:00

Disbursement of dividend United Finance Limited: The company has informed that it has disbursed the cash dividend for the year ended December 31, 2021 to the respective shareholders.Suspension of tradingPremier Bank Perpetual Bond: Trading of the units of Premier Bank...

"SINGER Boro Eid Boro Offer"

2022-06-24 00:00:00

Abu Taher from Fazilpur, Feni, receiving a Singer refrigerator with 100 per cent discount through scratch card at Feni Shop recently. SINGER Bangladesh launched the campaign titled "SINGER Boro Eid Boro Offer" targeting the upcoming Eid. Nearly 100 refrigerator and...

Walton brand refrigerator Digital Campaign Season-15

2022-06-24 00:00:00

A tea seller of Feni Sadar Upazila, got Tk. 2.0 million cashback on the purchase of a Walton brand refrigerator under the company's ongoing Digital Campaign Season-15 which is being conducted on the occasion of Eid-ul-Azha. Feni Municipality Mayor Nazrul...

9th AGM of SBAC Bank held

2022-06-24 00:00:00

The 9th Annual General Meeting (AGM) of South Bangla Agriculture and Commerce (SBAC) Bank Limited was held through online platform on Thursday. Abdul Kadir Molla, Chairman of SBAC Bank, presided over the meeting. Bank's Vice Chairman Al-Haj Mizanur Rahman and...

Pubali Bank organised "Celebrating Partnership for Core Banking Infrastructure"

2022-06-24 00:00:00

Pubali Bank Limited recently organised "Celebrating Partnership for Core Banking Infrastructure", a special event at the bank's head office to commemorate their long-standing relationship with Oracle. Monzurur Rahman, Chairman, Board of Directors of Pubali Bank, Saiful Alam Khan Chowdhury, Managing...