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Medvedev eases through as Rune strikes teen blow

2022-05-25 00:00:00

PARIS, May 24 (AFP): World number two Daniil Medvedev eased into the French Open second round on Tuesday as Denmark's Holger Rune reminded Roland Garros that Carlos Alcaraz is not the only teenager dreaming of the title.Medvedev, who came into...

Tigers’ highest score despite six batters' duck

2022-05-25 00:00:00

Bangladesh created more records in their second Test against Sri Lanka. The Tigers posted 365 in the first innings, which was the highest total in an innings in which six batters got duck, report agencies.The record belonged to India which...

Sri Lanka give Tigers a fitting reply

2022-05-25 00:00:00

Openers Dimuth Karunaratne and Oshada Fernando each hit a fifty as Sri Lanka gave Bangladesh a fitting reply in the second Test at Sher-e-Bangla National Cricket Stadium in the city on Tuesday, reports AFP.Both men took the crease after Kasun...

Bangladesh beat Oman

2022-05-25 00:00:00

Bangladesh made a winning return to the eight-nation Hero Asia Cup Hockey-2022, beating Oman by 2-1 goals in their second Pool B match at the GBK Hockey Field in Jakarta on Tuesday, reports UNB.With the day's feat, Bangladesh not only...

Environmental protesters force suspension of Shell AGM

2022-05-25 00:00:00

LONDON, May 24 (AFP): Oil giant Shell was on Tuesday forced to temporarily suspend its annual general meeting because of disruption from climate change activists.Proceedings at the venue in central London were halted about half an hour after they started...

Majority shareholders vote in favour of delisting Didi from New York

2022-05-25 00:00:00

Chinese ride-hailing giant Didi Global will delist from the New York Stock Exchange, after a majority of the company's shareholders voted in favor of the plan, putting to rest a year-long clash with Beijing over its US stock market listing,...

ONE Bank signed MoU with National Housing Authority

2022-05-25 00:00:00

ONE Bank Limited signed an MoU with National Housing Authority at Grihayan Bhaban, Dhaka recently. Secretary of National Housing Authority Mohammad Ullah and Managing Director of ONE Bank Limited Monzur Mofiz signed the MoU on behalf of their respective organisations....

Exchange of views organized by ICB Sylhet Branch

2022-05-25 00:00:00

An exchange of views was organized by ICB Sylhet Branch, ICB Securities Trading Company Limited and ICB Capital Management Limited recently. Mr. Md. Abul Hossain, Managing Director of Investment Corporation of Bangladesh, was present, among others.

IBBL 2nd Perpetual Mudaraba Bond held

2022-05-25 00:00:00

The closing ceremony of IBBL 2nd Perpetual Mudaraba Bond was held at IBBL Tower on Monday. UCB Investment Ltd is the Lead Arranger& Issue Manager of this issuance. Prime Bank Investment Ltd acted as Joint Co-Arranger & Issue Manager and...

"Supporting Post Covid-19 Small Scale Employment Creation Project"

2022-05-25 00:00:00

Kaiser Tamiz Amin, Managing Director of United Finance Limited, exchanging documents with Ms. Nurun Nahar, Executive Director, Bangladesh Bank for the ADB-funded "Supporting Post Covid-19 Small Scale Employment Creation Project".

Bank Asia signed a participation agreement with Bangladesh Bank

2022-05-25 00:00:00

Bank Asia signed a participation agreement with Bangladesh Bank for refinance facility under "Supporting Post Covid-19 Small Scale Employment Creation Project" Tuesday. Mr. Abu Farah Md. Nasser, Deputy Governor, Bangladesh Bank, was the Chief Guest and Mr. Dongdong Zhang, Principal...

News Briefs (2022-05-25)

2022-05-25 00:00:00

Disbursement of dividend IPDC Finance Limited: The company has disbursed the cash dividend for the year ended December 31, 2021 to the respective shareholders.Uttara Bank: The company has informed that it has credited the bonus shares for the year ended...

Asian markets fall on China growth concerns

2022-05-25 00:00:00

HONG KONG, May 24 (AFP): Asian stocks retreated Tuesday on concerns over the impact of China's Covid-19 restrictions on the world's second-largest economy as investment banks slashed growth forecasts.A strong rally on Wall Street, where the Dow closed 2.0 percent...

Green Delta Ins joins hand with BRAC Bank's women banking segment

2022-05-25 00:00:00

BRAC Bank's Women Banking Segment - TARA - has signed a partnership agreement with Green Delta Insurance Company to provide a digital healthcare package to its customers. Under the arrangement, eligible TARA SME & Retail Loan, Deposit and Credit Card...

Firstlead investors seek reimbursement

FE REPORT | 2022-05-25 00:00:00

A group of affected investors of Firstlead Securities, which purportedly embezzled Tk 100 million of its clients, demanded their money back as soon as possible.One Mohammad Ayub Khan, who invested an estimated Tk 5.0 million in the brokerage house, placed...

Stocks slump after single-day break

FE REPORT | 2022-05-25 00:00:00

Stocks backed to the losing streak on Tuesday, after a single-day break, as regulatory interventions to revamp the ailing market virtually failed to restore investors' confidence.Following the previous day's sharp gain, the market opened higher and the key index rose...

News in Brief (2022-05-25)

2022-05-25 00:00:00

More than 100m people forcibly displaced: UNGENEVA, May 24: Russia's war in Ukraine has pushed the number of forcibly displaced people around the world above 100 million for the first time ever, the United Nations said on Tuesday. UNHCR said...

UK PM Johnson under fire over ‘Partygate’ photos

2022-05-25 00:00:00

LONDON, May 24 (AFP): UK Prime Minister Boris Johnson on Tuesday faced renewed accusations of lying, after photos emerged of him drinking at a Downing Street gathering during lockdown in 2020.The revelations came as a senior civil servant was expected...

Russia launches all-out assault to encircle Ukraine troops

2022-05-25 00:00:00

KYIV, May 24 (Reuters): Russian forces were launching an all-out assault to encircle Ukrainian troops in twin cities straddling a river in eastern Ukraine on Tuesday, a battle which could determine the success or failure of Moscow's main campaign in...

South Asia’s intense heat wave a ‘sign of things to come’

2022-05-25 00:00:00

NEW DELHI, May 24 (Arab News): The devastating heat wave that has baked India and Pakistan in recent months was made more likely by climate change and is a glimpse of the region's future, international scientists said in a study...

Monkeypox virus outbreaks are containable: WHO

2022-05-25 00:00:00

Monkeypox can be contained in countries outside of Africa where the virus is not usually detected, the World Health Organization (WHO) says, reports BBC.More than 100 cases of the virus - which causes a rash and a fever - have...

Quad opposes ‘change by force’ with eyes on China

2022-05-25 00:00:00

TOKYO, May 24 (AFP): Leaders of Japan, Australia, the United States and India said Tuesday they oppose all attempts to "change the status quo by force, particularly in the Indo-Pacific".The statement, which followed a summit meeting of the four members...

Gold ticks higher as subdued dollar boosts appeal

2022-05-25 00:00:00

Gold prices rose back towards the previous day's two-week high on Tuesday, extending gains for a fifth straight session, as a sell-off in the dollar and stock markets bolstered bullion's safe-haven appeal, reports Reuters.Spot gold was up 0.3 per cent...

Huayou Cobalt to invest $300m in Zimbabwe lithium mine

2022-05-25 00:00:00

HARARE, may 24 (Reuters): China's Zhejiang Huayou Cobalt plans to invest $300 million on rapid development of a lithium mine and processing plant at its newly acquired Arcadia project in Zimbabwe, according to company documents seen by Reuters on Tuesday.Huayou,...

Bombardier launches new long-range business jet

2022-05-25 00:00:00

Canada's Bombardier Inc launched a new long-range business jet on Monday, as it looks to stay competitive in a market that serves the ultra-rich and has remained robust amid Covid-19 driven boom in demand for private aircraft, reports Reuters.The Montreal-based...

Oil rises as tight supply counters economy fears and China curbs

2022-05-25 00:00:00

LONDON, May 24 (Reuters): Oil edged higher on Tuesday, recovering earlier losses, as tight global supply and an expected pick-up in demand during the US summer driving season balanced concerns over a possible recession and China's Covid-19 curbs.In a step...

News in Brief-(2022-05-25)

2022-05-25 00:00:00

Rohingya girl arrested for faking identity CHATTOGRAM, May 24: A 15-year-old Rohingya girl was held at the Chattogram passport office while applying for a Bangladeshi passport with a fake identity. Juraira Bibi, daughter of Mostaq Ahmed, was caught after her...

Thrust on cultivation of zinc-enriched BRRI dhan74

2022-05-25 00:00:00

RANGPUR, May 24 (BSS): Experts at a farmers' field day have called for enhancing cultivation and consumption of zinc-enriched BRRI dhan74 rice to meet nutritional demand and increase disease resistance capacity of people.With the assistance of the Department of Agricultural...

Two teens drown in C'nawabganj

2022-05-25 00:00:00

CHAPAINAWABGANJ, May 24 (UNB): Two teenage boys drowned in the Pagla River in Shibganj upazila of Chapainawabganj district on Tuesday, said police. The deceased were identified as Momin, 12, and Abu Taher, 14, of the upazila. The duo drowned in...

Man's throat-slit body found in Barishal

2022-05-25 00:00:00

BARISHAL, May 24 (UNB): A man was found dead with his throat slit at Charkomishoner village in Muladi upazila on Tuesday morning.The deceased was identified as Monir Hawladar, 32, son of Salam Hawladar of the village. Maksudur Rahman, officer-in-charge of...