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Shell to shut down German oil refinery

2024-01-28 00:00:00

LONDON, Jan 27 (Reuters): Shell will shut down its oil refinery in Wesseling, Germany by 2025 and convert the site to produce lubricant feedstock as part of its drive to reduce its carbon emissions, the company said on Friday.Shell said...

Russia struggles to sell Pacific oil, 14 tankers stuck

2024-01-28 00:00:00

MOSCOW, Jan 27 (Reuters): More than a dozen tankers loaded with 10 million barrels of Russia's Sokol grade crude oil have been stranded off the coast of South Korea for weeks, so far unsold due to US sanctions and payment...

The 48th annual general meeting (AGM) of Jamuna Oil Company Limited was held on a virtual platform on

2024-01-28 00:00:00

The 48th annual general meeting (AGM) of Jamuna Oil Company Limited was held on a virtual platform on Saturday. ABM Azad, Chairman of Jamuna Oil and also Chairman of Bangladesh Petroleum Corporation, presided over the meeting. The shareholders of the...

BAT Bangladesh has been recognised as a top taxpayer for 2022-23 fiscal year by the Large Taxpayers Unit

2024-01-28 00:00:00

BAT Bangladesh has been recognised as a top taxpayer for 2022-23 fiscal year by the Large Taxpayers Unit (LTU) of the National Board of Revenue (NBR). BAT Bangladesh's Company Secretary Azizur Rahman, Area Head of Corporate Finance Nashva Bint Hamid...

Saudi banks extend real estate loans to $200b

2024-01-28 00:00:00

RIYADH, Jan 27 (Reuters): Real estate loans from Saudi banks reached SR747.2 billion ($199.24 billion) in the third quarter of 2023 - an annual increase of almost 13 per cent.The data, which comes from the Kingdom's central bank, shows the...

Shippers' Council holds AGM

2024-01-28 00:00:00

The 42nd annual general meeting (AGM) of Shippers' Council of Bangladesh (SCB) was held at the Fortune Square Convention Hall in the city on Saturday, said a press release.Md Rezaul Karim, Chairman of the SCB, presided over the meeting.In the...

The Managers' Conference-2024 of Bangladesh Development Bank PLC was held at the bank's Head Office in

2024-01-28 00:00:00

The Managers' Conference-2024 of Bangladesh Development Bank PLC was held at the bank's Head Office in Dhaka on Saturday. Shamima Nargis, Chairman, Board of Directors of Bangladesh Development Bank, was present as the chief guest while Managing Director & CEO...

Agrani Bank PLC inaugurated its branch at Raipura in Narshingdi on Saturday. Rajiuddin Ahmed Raju, MP, inaugurated the branch

2024-01-28 00:00:00

Agrani Bank PLC inaugurated its branch at Raipura in Narshingdi on Saturday. Rajiuddin Ahmed Raju, MP, inaugurated the branch as the chief guest while Managing Director and CEO of the bank Md Murshedul Kabir was present as the guest of...

UNCTAD raises alarms on escalating disruptions in global trade

2024-01-28 00:00:00

The United Nations Conference on Trade and Development (UNCTAD) has expressed profound concerns over the escalating disruptions in global trade, particularly stemming geopolitical tensions affecting shipping in the Black Sea, recent attacks on shipping in the Red Sea affecting the...

China fund with US stocks halts trading to calm investor fever

2024-01-28 00:00:00

SHANGHAI, Jan 27 (Reuters): A Shanghai-listed fund that holds US stocks took the unusual step of suspending trading on Friday, saying it was necessary to protect investors after prices hit record levels in a scramble for overseas assets.Trading in the...

Ziaur Rahman promoted as DMD of Prime Bank

FE Desk | 2024-01-28 00:00:00

              Ziaur RahmanZiaur Rahman has been promoted as deputy managing director of Prime Bank.Prior to this new role, he served as senior executive vice president and head of human resources, according to a statement.Mr. Rahman has more than 31 years...

Renata's profit dips for higher cost

2024-01-28 00:00:00

FE REPORTRenata earned 11 per cent less profit in the six months through December of FY24, compared to the same period of the previous fiscal year, while its revenue increased 17 per cent year-on-year during the time. Its earnings per...

The 'Annual Business Summit - 2024' of Mercantile Bank was held at the Pan Pacific Sonargaon, Dhaka on

2024-01-28 00:00:00

The 'Annual Business Summit - 2024' of Mercantile Bank was held at the Pan Pacific Sonargaon, Dhaka on Friday. Morshed Alam MP, chairman of the board of directors, was the chief guest while Managing Director & CEO Md. Quamrul Islam...

Loss-making Khan Brothers' rally on DSE goes unabated

Mohammad Mufazzal | 2024-01-28 00:00:00

Khan Brothers PP Woven Bag Industries surged an astonishing 975 per cent on the Dhaka Stock Exchange (DSE) since September 18 last year, with its monthly trading volume indicating investors' persistent interest in the stock.The irony is the company reported...

Growing skincare use by children 'dangerous'

2024-01-28 00:00:00

LONDON, Jan 27 (BBC): The growing trend of children as young as eight using skincare products could leave them with irreversible skin problems, the British Association for Dermatologists has warned.Some children are asking their parents for luxury items after seeing...

Biden speaks with Qatar's emir

2024-01-28 00:00:00

DOHA, Jan 27 (Reuters/AP): US President Joe Biden on Friday spoke with Qatar's Emir Sheikh Tamim bin Hamad al-Thani about Gaza and they agreed that efforts to secure the release of hostages taken by Hamas were key to securing a...

Trump must pay Carroll $83.3m for defamation

2024-01-28 00:00:00

NEW YORK, Jan 27 (BBC): A New York jury has decided Donald Trump should pay $83.3m (£65m) for defaming columnist E Jean Carroll in 2019 while he was US president.The penalty in the civil trial is made up of $18.3m...

Imran, party erased from polls campaign

2024-01-28 00:00:00

MIANWALI, Jan 27 (AFP): Pakistani cricketing legend turned world leader Imran Khan is wildly popular in his constituency and ancestral homeland of Mianwali, but the political posters that line the streets do not bear his face and flags do not...

Houthis fire missile at US warship

2024-01-28 00:00:00

JERUSALEM, Jan 27 (AP/BBC): Yemen's Houthi rebels launched a missile Friday at a U.S. warship patrolling the Gulf of Aden, forcing it to shoot down the projectile, and struck a British vessel as their aggressive attacks on maritime traffic continue.The...

Sabalenka crushes Zheng to defend Australian Open title

2024-01-28 00:00:00

MELBOURNE, Jan 27 (AFP): Aryna Sabalenka said the Australian Open will always be her "special place" after blowing China's Zheng Qinwen off court on Saturday to become the first woman to defend her title in more than a decade.The Belarusian...

Ariful hits ton to propel Bangladesh to Super Six

2024-01-28 00:00:00

Bangladesh U-19 cricket team secured a spot in the Super Six of the ICC U-19 World Cup by defeating the USA by a big margin of 121 runs in a Group A match on Friday in Bloemfontein, reports UNB.Ariful Islam's...

Chattogram Challengers win against Barishal

2024-01-28 00:00:00

In a thrilling encounter in the ongoing Bangladesh Premier League (BPL), Avishka Fernando of Chattogram Challengers played a stellar innings, scoring an unbeaten 91 off 50 balls against Fortune Barishal in Sylhet on Saturday, reports UNB.Avishka's brilliant performance guided Chattogram...

Academia meets industry

Rabita Shahnaz | 2024-01-28 00:00:00

Supply Chain Alliance is all set to bring forth Rookies Inception 3.0, an exclusive business case competition for the freshpeople and sophomores of the Faculty of Business Studies at the University of Dhaka. As the early junctures of university life...

Building bridges in the job market

Mustafizur Rahman Ronnie | 2024-01-28 00:00:00

Digital literacy is becoming more than just a skill in the rapidly evolving 21st century; it is a career development catalyst that helps job seekers meet the dynamic demands of the contemporary job market. In our ever-digitalised world, using technology...

A Notredamian’s journey to a top US liberal arts college

Khalid Saifullah Khan Juel | 2024-01-28 00:00:00

"Although it's hard to pinpoint exactly which component(s) helped me most to stand out, I've received a lot of positive feedback about my essay from everyone who read it. They all thought that it was very intimate and depicted how...

Overcoming the barriers to decent employment for youth

Syed Nasim Manzur, Tanvir Sobhan, A K M Fahim Mashroor, Amzad Hussain, Mohammad Sahab Uddin, Nazmul Ahsan, Sayema Haque Bidisha, Selim Raihan, Shale Ahmed, Shams Mahmud, Suborna Barua, and Zahid Hussain | 2024-01-28 00:00:00

In order to deal with Bangladesh's labour market challenges and address the requirements of providing decent work, with inclusivity and in a comprehensive manner, actions will need to be taken to deal with a number of areas of concern. These...

World Economic Forum 2024: how relevant Davos debates are?

Muhammad Mahmood | 2024-01-28 00:00:00

The 54th annual meeting of the World Economic Forum (WEF) was held on January 15-19, 2024 in Davos--a ski resort near Zurich. This small Alpine town immortalised by Thomas Mann in his novel The Magic Mountain hosts the WEF every...

When will price increases end?

2024-01-28 00:00:00

The relentless rise in prices of everyday essentials poses a significant challenge for low-income individuals, exacerbating their financial burdens. Once prices go up, they seldom come down, compounding the struggles faced by vulnerable communities. Unethical traders capitalise on this situation...

No gas. Why citizens must pay the bill?

2024-01-28 00:00:00

The residents in most areas of Dhaka including Gendaria, Faridabad, Dholaikhal, Jatrabari, Sutrapur, and even Mohammadpur, Rayerbazar, etc. have long been suffering due to persistent gas crises both in the daytime and at night. Despite the absence of uninterrupted gas...

Raising awareness against sexual harassment

2024-01-28 00:00:00

The girl had only mistakenly boarded the wrong train, which altered the course of her life. I am referring to a recent unfortunate incident where a girl was raped when she mistakenly boarded the Lalmonirhat-bound 'Lalmoni Express' from Dhaka. Despite...