NEW YORK, Feb 07 (Reuters): Uber Technologies forecast quarterly core profit and gross bookings above estimates and reported market-beating results for the holiday quarter on Wednesday, fueled by higher demand in its ride sharing and food delivery businesses.Uber, which posted...
BRUSSELS, Feb 07 (Reuters): Microsoft is in talks with CISPE in an attempt to resolve its European Union antitrust complaint about the US software giant's cloud computing licensing practices, the trade group said on Wednesday.Working the issue out bilaterally could...
SHANGHAI, Feb 07 (Reuters): China's Alibaba Group Holding on Wednesday missed analysts' estimates for third-quarter revenue, hurt by softness in the retail market and sagging economic recovery in the world's second-largest.The company's US-listed shares, which announced an increase of $25...
Home loan service activities of Bangladesh House Building Finance Corporation (BHBFC) was inaugurated at the Integrated Government Office Building in Manikganj. BHBFC's Managing Director Md Abdul Mannan announced the opening of the organisation's activities in this new office building on...
For the fifth time, BAT Bangladesh received certification from the Top Employers Institute in both the Asia Pacific and global categories in 2024 for its best practices in talent attraction, development, well-being, and engagement. Top Employers Institute is an international...
Federal Insurance Company accorded a reception to its Director Khadizatul Anwar Sony who was elected a member of parliament in the 12th national election, says a statement. Chairman of the company Enamul Hoq was present as the chief guest in...
Rupali Bank Employees Union CBA congratulated Textiles and Jute Minister Jahangir Kabir Nanak at the Awami League party office in Dhanmondi recently. President of the newly elected committee of Rupali Bank CBA Md Ripon Mridha and General Secretary Golam Nabi...
The inaugural ceremony of 'Certified Islamic Professional Accountant' (CIPA) course and the 'Certificate Course on Islamic Banking & Finance (CIBF)' (9th phase) was held at the Central Shariah Board Training Institute in Dhaka recently, says a press release.The CIPA course...
MOSCOW, Feb 07 (AFP): The Kremlin on Wednesday acknowledged that Russian companies were having problems with Chinese banks after local media reported a major Chinese lender had blocked payment settlements with Russian firms.Beijing has become Moscow's crucial economic partner since...
Ford Motor, opens new tab shares surged 6 per cent in premarket trading on Wednesday after the automaker increased its dividend for the first quarter and decided to scale back investments in new capacity for loss-making electric vehicles (EV), reports...
NCC Bank has recently launched its women banking services 'NCC Parama' with the payoff line "For Better You". Chairman of the bank Md Abul Bashar, Vice-Chairman Sohela Hossain and Managing Director and CEO (current charge) M Shamsul Arefin launched it...
Southeast Bank Training Institute organised an in-house conference titled 'Generative AI and its Application in Banking Industries'. Khondkar Atique-e-Rabbani, managing director of Computers Ltd, delivered a series of presentations on the topic, while Nuruddin Md Sadeque Hossain, managing director of...
Member of Parliament AK Azad was unanimously elected chairman of Shahjalal Islami Bank at its 373rd board meeting. Mohammed Younus and Mohiuddin Ahmed were also appointed vice-chairmen, according to a statement.Azad, a prominent industrialist, has a long entrepreneurial history in...
Eastern Bank (EBL) obtained the licence from the Insurance Development and Regulatory Authority (IDRA) to start bancassurance business with MetLife and Green Delta Insurance Company Ltd, according to a statement. EBL is the first bank in Bangladesh to get a...
FE REPORT | 2024-02-08 00:00:00
The stock market managed to stay afloat for eight sessions in a row with turnover crossing Tk 17 billion on Wednesday, as buoyant investors put fresh bets on lucrative stocks.Following the recent market recovery, the Bangladesh Securities and Exchange Commission...
MOHAMMAD MUFAZZAL AND FARHAN FARDAUS | 2024-02-08 00:00:00
Merchant banks have been dealing with the hopeless case of negative equity since the 2010 market collapse and consider keeping the matter unsettled for at least another two years. The Bangladesh Merchant Bankers Association (BMBA) says the lenders of margin...
NEW DELHI, Feb 7 (BSS): Foreign Minister Dr. Hasan Mahmud on Wednesday said that the prevailing situation in Myanmar was a "worrying factor for Bangladesh and India" as both the countries share border with Myanmar."So far until today (this morning)...
Indian Border Security Force (BSF) has detained 23 Bangladeshis from the Chhagalnaiya border in Feni, reports UNB.They were arrested near the 99th pillar east of the Bangladesh-India border around 2:00 am Tuesday.Sheikh Mohammad Badruddoza, commanding officer of Border Guard Bangladesh...
WASHINGTON, Feb 06 (BBC): Donald Trump does not have presidential immunity and can be prosecuted on charges of plotting to overturn the 2020 election, a US court has ruled.Mr Trump had claimed in the landmark legal case that he was...
DOHA, Feb 7 (AFP): Qatar has agreed to supply India's Petronet with liquefied natural gas (LNG) for 20 years, the Gulf emirate's state-owned energy firm announced on Tuesday.QatarEnergy will supply 7.5 million tonnes of LNG per year to government-owned Petronet...
FE REPORT | 2024-02-08 00:00:00
The government has asked ministries, divisions and agencies to submit their development funding requirements in the upcoming fiscal year 2024-25.The Economic Relations Division (ERD) wrote to concerned entities, urging them to send the information urgently.To determine project aid for the...
FE REPORT | 2024-02-08 00:00:00
The government on Wednesday approved proposals for procurement of three cargoes of liquefied natural gas (LNG) from two Singapore-based companies.The Cabinet Committee on Public Purchase gave the approval at a meeting at the Cabinet Division's conference room with Finance Minister...
e list, with AQI scores of 316, 202 and 189 respectively.When the AQI value for particle pollution is between 101 and 150, air quality is considered 'unhealthy for sensitive groups', between 150 and 200 is 'unhealthy', between 201 and 300...
OUR CORRESPONDENT | 2024-02-08 00:00:00
CHATTOGRAM, Feb 07: A month-long book fair begins at CRB area of the port city tomorrow on the occasion of International Mother Language Day.The Chattogram City Corporation (CCC) is organising the fair."We're going to hold a book fair in CRB...
Weather may remain mainly dry with partly cloudy sky elsewhere over the country in the next 24 hours from 06:00 am today (Thursday), according to the Met Office. The highest temperature in the country on Wednesday was recorded at 29.0...
JU CORRESPONDENT | 2024-02-08 00:00:00
Students, faculty members, and representatives of the registered graduate senate at Jahangirnagar University (JU) organised human chains, protest marches, and rallies, demanding a trial and capital punishment for those responsible for the recent rape incident at the university.Starting at 10...
OUR CORRESPONDENT | 2024-02-08 00:00:00
CHATTOGRAM, Feb 07: Asian University for Women (AUW) in the port city has offered 250 scholarships to the highly-qualified female students from war-torn Gaza to join its undergraduate or graduate programmes.The AUW scholarships will cover all costs of international travel,...
Noted actor Ahmed Rubel passed away in the capital on Wednesday. He was 55, reports UNB.He died of a heart attack at around 06:00 pm, film director Nurul Alam Atique confirmed the news to the media.There was a special screening...
Bangladesh reported one more COVID-19-linked death and 34 fresh cases in 24 hours until Wednesday morning, reports UNB.With the new numbers, the country's total fatalities rose to 29,483 and caseload to 2,04,7407, according to the Directorate General of Health Services...
FE REPORT | 2024-02-08 00:00:00
The existing organ transplant law needs to be amended to prevent Bangladeshi patients' going abroad for organ transplant. The existing organ transplant law has some complexities that prevents voluntary organ donation and due to the legal complications, patients go out...
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