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Consequences of attacks on JCD won’t be good: Mosharraf

2022-05-28 00:00:00

Accusing the government of unleashing Bangladesh Chhatra League (BCL) against Jatiyatabadi Chhatra Dal (JCD), BNP senior leader Khandaker Mosharraf Hossain has warned that the consequences of the attacks will not be good, reports UNB."Those who (AL leaders) are letting loose...

Shareholders reelect directors of McDonald

2022-05-28 00:00:00

BOSTON, May 27 (Reuters): Shareholders have reelected all of McDonald's Corp's directors, the company said on Thursday, ending a boardroom battle with billionaire investor Carl Icahn who had sought to win two board seats and shine a spotlight on his...

Asian markets edge higher

2022-05-28 00:00:00

HONG KONG, May 27 (AFP): Asian markets climbed Friday following a strong performance on Wall Street, with Hong Kong leading the way as forecast-beating earnings reports by tech titans Alibaba and Baidu sent their shares soaring.The positive mood put the...

News Briefs (2022-05-28)

2022-05-28 00:00:00

CAPM declares Unit Fund NAVCAPM Company Limited has declared the Net Asset Value (NAV) of CAPM Unit Fund. The total NAV of CAPM Unit Fund stood at Tk 83,323,057.08 on the basis of cost price and Tk 95,867,628.58 on the...

Ten companies grab one-third of weekly transactions on DSE

FE REPORT | 2022-05-28 00:00:00

The ten most-traded stocks accounted for one-third of transactions on the Dhaka Stock Exchange (DSE) in the week to Thursday, with Beximco making its way to the top of the turnover chart for a second straight week.According to DSE data,...

11th AGM of Rupali Investment held

2022-05-28 00:00:00

The 11th annual general meeting (AGM) of Rupali Investment Limited, a subsidiary of Rupali Bank Limited, was held at the head office of Rupali Investment on Wednesday. Md Obayed Ullah Al Masud, Managing Director and CEO of Rupali Bank and...

MTB extended financial aid to Bangladesh Thalassaemia Samity Hospital

2022-05-28 00:00:00

As part of its CSR initiatives, Mutual Trust Bank Limited (MTB) recently extended financial aid to Bangladesh Thalassaemia Samity Hospital to support thalassaemia patients. Chowdhury Akhtar Asif, Additional Managing Director & GCRO, Mutual Trust Bank, handed over a cheque to...

Stocks slide for fourth straight week

BABUL BARMAN | 2022-05-28 00:00:00

Stocks extended the losing streak for a fourth straight week ending Thursday even though various market-supportive measures were put in place to halt the free-fall of the market.This week saw five trading days as usual -- three sessions fell sharply...

Gold prices set for second weekly gain on dollar pullback

2022-05-28 00:00:00

Gold prices rose on Friday and were on track for a second consecutive weekly gain on a softer dollar, while expectations of more aggressive interest rate hikes by the U.S. Federal Reserve pared, reports Reuters.Spot gold rose 0.5% to $1,858.76...

Brent could push past $150 per barrel

2022-05-28 00:00:00

Global oil benchmark Brent crude could rise past $150 a barrel if there is a sharp contraction in Russian oil exports, Bank of America (BofA) Global Research said on Friday, reports ReutersOil prices surged after Russian's Ukraine invasion, which Moscow...

Turkish tourism heats up, stoking hopes of economic recovery

2022-05-28 00:00:00

The number of foreigners arriving in Turkey last month more than tripled from a year earlier, data showed on Monday, reinforcing expectations that a rebound in the sector will help repair an economy battered by a weak currency and high...

Bangladesh to cancel wheat import tender

2022-05-28 00:00:00

Bangladesh is scrapping an international tender to import 50,000 tonnes of wheat as it received only one offer to supply the grain that was too expensive, two officials from the state grains procurement agency said on Friday, reports Reuters. Trading...

Global LNG markets brace for uncertainty ahead of winter

2022-05-28 00:00:00

DAEGU, South Korea, May 27 (Reuters): Global liquefied natural gas (LNG) buyers and sellers are bracing for more uncertainty over Russian supplies and a murky demand outlook from Europe and top importer China in the run-up to peak winter season,...

UK taxes oil giants to help tackle inflation fallout

2022-05-28 00:00:00

LONDON, May 27 (AFP): Britain's finance minister Rishi Sunak on Thursday unveiled a multi-billion-pound support package for consumers hit by soaring domestic energy bills, with help from a temporary windfall tax on oil giants.A government package worth o15 billion ($19...

Akij Plastics to export products to Nepal, Bhutan, US

FE REPORT | 2022-05-28 00:00:00

After exploring the Indian market, Akij Plastics has set its sights on diversifying its destination of shipment further, its officials said.They said, Akij Plastic, an industrial concern of one of the country's leading conglomerate, Akij Group, will export its products...

Ctg-HK sea route starts

Nazimuddin Shyamol | 2022-05-28 00:00:00

CHATTOGRAM, May 27: The first ship from Hong Kong reached the Chittagong Port on Thursday, and left the port on Friday. With the berthing and leaving of the ship, named MSC Kymea, a new sea route from the port to...

DCCI for involving pvt sector in policymaking

FE REPORT | 2022-05-28 00:00:00

The Dhaka Chamber of Commerce and Industry (DCCI) suggested involving private sector in policy formulation process in order to enhance bilateral trade between Bangladesh and India.DCCI President Rizwan Rahman came up with the suggestion at an interactive business networking seminar...

News in Brief (2022-05-28)

2022-05-28 00:00:00

Geetanjali Shree is first Indian winner of Int'l Booker PrizeNEW DELHI, May 27: Geetanjali Shree has become the first Indian writer to win the International Booker Prize. Her novel Tomb of Sand, a family saga set in the shadow of...

Rebels kill 50 civilians in Burkina Faso

2022-05-28 00:00:00

OUAGADOUGOU, May 27 (AFP): Suspected jihadists killed around 50 civilians in Burkina Faso, the Eastern region's governor said Thursday, in the latest attack in the impoverished Sahel nation.The civilians from Madjoari died on Wednes-day trying to flee a jihadist blockade,...

Cabinet members do not have constitutional immunity under Article 248: SC

2022-05-28 00:00:00

ISLAMABAD, May 27 (PTI): Chief Justice of Pakistan Umar Ata Bandial on Friday observed that cabinet members have no constitutional immunity under Article 248 of the Constitution, therefore, criminal cases against them should proceed.The chief justice is heading a five-member...

Turkey seeks concrete action from Sweden, Finland for NATO bids

2022-05-28 00:00:00

ISTANBUL, May 27 (Reuters): Turkey expects Sweden and Finland to take concrete action and halt what it says is their support for terrorist groups in order for Ankara to lift its objections to them joining NATO, Foreign Minister Mevlut Cavusoglu...

China, Russia veto US bid at UN to punish N Korea

2022-05-28 00:00:00

UNITED NATIONS, May 27 (AFP): China and Russia on Thursday vetoed a US-led bid at the United Nations to toughen sanctions on North Korea over its missile launches, laying bare divisions that Western envoys fear would be exploited by Pyongyang.The...

Prince William holds future of British monarchy in his hands

2022-05-28 00:00:00

LONDON, May 27 (Reuters): While nearly all attention will be focused next week on Queen Elizabeth as she celebrates her 70th anniversary on the throne this year, for those with eyes on the future of the British monarchy, attention is...

No deal, Imran ended march to prevent bloodshed

2022-05-28 00:00:00

ISLAMABAD, May 27 (PTI): Former Prime Minister Imran Khan on Friday dismissed reports that a deal was made to end the Pakistan Tehreek-i-Insaf's much-hyped long march and said he decided to conclude the protest in order to avoid bloodshed.Addressing the...

Russia presses Donbas assault, claims capture of key town

2022-05-28 00:00:00

LYSYCHANSK, Ukraine, May 27 (AFP): Russia pressed on Friday its deadly offensive to capture key points in the eastern Donbas region of Ukraine, with more bombing of residential areas and pro-Moscow forces claiming the capture of a key town on...

Inter-district age group women's swimming begins

2022-05-28 00:00:00

Sultana Kamal inter-district age group women's swimming competition began on Friday at Sultana Kamal Women's Sports Complex in the city, reports BSS.State Minister for Youth and Sports Mohammad Zahid Ahsan Russel formally inaugurated the two-day meet as the chief guest...

Wimbledon to remove 'Miss', 'Mrs' from honours boards

2022-05-28 00:00:00

Wimbledon will drop the titles "Miss" and "Mrs" before the names of female winners on its honour roll to match the men's boards in an attempt to modernise the tournament, The Times newspaper reported.The All England Lawn Tennis Club has...

Major General Md Moshfequr Rahman inaugurating the Walton Sixth President Cup Golf Tournament - 2022

2022-05-28 00:00:00

President of Army Golf Club Major General Md Moshfequr Rahman inaugurating the Walton Sixth President Cup Golf Tournament - 2022 at a ceremony on the Army Golf Club premises in the city on Friday. Chairman of the Walton High-tech Industries...

Plane dedicated to Maradona unveiled

2022-05-28 00:00:00

BUENOS AIRES, Argentina, May 27 (Reuters): An aeroplane dedicated to Argentine great Diego Maradona was unveiled on Wednesday ahead of a journey that will end at the World Cup in Qatar later this year.The Tango D10S -- a 12-seater financed...

Brendon McCullum confident of success

2022-05-28 00:00:00

Brendon McCullum has admitted that his appointment as England's new Test head coach was "a big risk taken by everybody" but believes there is strong core of talent on which to begin the side's rebuild, according to ESPNcricinfo.McCullum was named...