FE Today Logo

Search results for:


Train burning just before polls an attack on democratic process: FM

2024-01-07 00:00:00

Foreign Minister (FM) Dr AK Abdul Momen has said they will leave no stone unturned to identify the perpetrators of the heinous crime of setting a train on fire, reports UNB."Each and every one will be brought to justice and...

Father's desperate search for son at DMCH

2024-01-07 00:00:00

University student Abu Talha was headed by train from Faridpur to Dhaka before he transferred to another train bound for Syedpur, reports bdnews24.com. He spoke to his father at 07:00 pm on Friday. When his father, Abdul Haque, heard of...

Dhaka turns 'empty city' ahead of polls

2024-01-07 00:00:00

FE REPORTDhaka turned into an almost 'empty city' on Saturday due to the mass exodus for an extended holiday and a two-day strike enforced by the major opposition ahead of the 12th parliamentary election today (Sunday). It caused a lower...

RAB DG warns of action for demotivating voters

2024-01-07 00:00:00

FE REPORT Rapid Action Battalion (RAB) will take stern action if anyone obstructs voters from exercising their democratic rights to cast votes in today's national election.RAB Director General M Khurshid Hossain made the warning at a press briefing on Saturday...

BD records 303 arson attacks in 71 days

FE REPORT | 2024-01-07 00:00:00

A total of 303 arson attacks have taken place in Bangladesh in the past 71 days until Saturday, claiming eight lives and injuring five, including two firemen.The wilful fire incidents, perpetrated by miscreants, damaged 302 vehicles and 23 structures.The Department...

BP investors want oil firm to approach BAE chief as CEO

2024-01-07 00:00:00

Some of BP's largest shareholders have urged the company to approach BAE Systems Chief Executive Charles Woodburn about becoming the British oil giant's next boss, Sky News reported on Saturday, citing unidentified sources.Several large investors believe that BP should target...

GM robotaxi unit Cruise offers $75,000 to resolve crash probe

2024-01-07 00:00:00

General Motors' Cruise robotaxi unit offered on Friday to pay $75,000 to resolve an investigation by California regulators into its failure to disclose details of a pedestrian crash involving a self-driving car, reports Reuters.In December, the California Public Utilities Commission...

'RFL Best Buy', a popular sales centre of household products, distributed warm clothes among cold-hit poor people at

2024-01-07 00:00:00

RFL BEST BUY DISTRIBUTES WARM CLOTHES 'RFL Best Buy', a popular sales centre of household products, distributed warm clothes among cold-hit poor people at GangacharaUpazila in Rangpur. High officials of RFL Best Buy distributed the clothes among 500 families recently.

US corporate bond issuance to slow after strong start to 2024

2024-01-07 00:00:00

US corporate bond market issuance is projected to slow next week from a hectic start to the year after economic data sent mixed signals on Friday but tempered expectations of an interest rate cut in March, reports Reuters.The first week...

US giants Pimco, Vanguard invest in Turkey after its return to rate hikes

2024-01-07 00:00:00

ISTANBUL/LONDON, Jan 6 (Reuters): US investment giants Pimco and Vanguard have bought local Turkish assets in recent months, betting that the country will maintain high interest rates after years of erratic policymaking under President Tayyip Erdogan.Interviews with top money managers...

Spot LNG prices dip to 5-month low as stocks weigh

2024-01-07 00:00:00

Asian spot liquefied natural gas (LNG) prices slipped to a five-month low last week, extending losses that began in mid-November as mild winter weather and high inventories curbed demand, reports Reuters.The average LNG price for February delivery into north-east Asia...

Tesla to fix 1.62m vehicles in China

2024-01-07 00:00:00

BEIJING, Jan 6 (Reuters): Tesla is doing an effective recall on 1.62 million vehicles, including its models S, X, 3 and Y in China, the market regulator said on Friday.The recalls in Tesla's second largest market follow two recalls by...

ITFC extends Murabaha trade finance facility of $45m to City Bank

2024-01-07 00:00:00

FE ReportThe International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, has extended $45 million Murabaha trade finance facility to City Bank under a syndicated arrangement.To this effect, City Bank Managing Director and CEO...

Global food prices drop 13.7pc in 2023: FAO

2024-01-07 00:00:00

PARIS, Jan 6 (AFP): World food prices fell in 2023, with considerable declines for grains and oils as supply concerns eased, the UN's Food and Agriculture Organisation said Friday.Overall, world food commodity prices fell 13.7 percent in 2023 against the...

Workers moulding clay into raw bricks at a kiln near the Buriganga

2024-01-07 00:00:00

Workers moulding clay into raw bricks at a kiln near the Buriganga River. The photo was taken from Basila in the city — bdnews24.com

Three 'cattle lifters' lynched in Pabna

2024-01-07 00:00:00

PABNA, Jan 06 (UNB): Three suspected cattle lifters were killed in a lynch-mob attack in Bhangura upazila of Pabna district on Saturday morning.Police said a gang of suspected thieves lifted two cows from the house of Golap Hossain at Mirzapur...

Collision between two trucks leaves driver, helper dead in Natore

2024-01-07 00:00:00

NATORE, Jan 06 (UNB): A truck driver and his helper died in a head-on collision between two trucks in Baraigram upazila of Natore district on Saturday.According to highway police, a Natore-bound truck from Kushtia collided head-on with a truck near...

54,101 tonnes of lentil yield expected in Rajshahi division

2024-01-07 00:00:00

RAJSHAHI, Jan 06 (BSS): Around 54,101 tonnes of lentils are expected to be produced from 35,380 hectares of land in the division during the current Rabi season, officials said.Department of Agricultural Extension (DAE) has set the target of producing 32,411...

How fishermen of Dublar Char vote during dried fish season

2024-01-07 00:00:00

BAGHERHAT, Jan 06 (UNB): The election wind has touched the Dublar Char, popularly known as "Shutki Polli" or Dried Fish Village, near the Sundarban in full swing as the 12th parliamentary election will be held on SundayThousands of fishermen have...

Tobacco farming acreage increasing in Lalmonirhat

2024-01-07 00:00:00

OUR CORRESPONDENTLALMONIRHAT, Jan 06: Tobacco cultivation is increasing remarkably in the district and its adjacent areas creating health hazards as well as a concern for the agriculture. Due to its relatively low production cost and lucrative offers made by different...

US regulator denies Apple, Disney bids to skip votes on AI

2024-01-07 00:00:00

Apple and Disney cannot avoid shareholder votes about their use of artificial intelligence put forward by a labor group, the top US securities regulator has ruled, reports Reuters.In notices dated Jan. 3, the US Securities and Exchange Commission rejected requests...

Shipping stocks rise, biggest gainers in Europe at start of 2024

2024-01-07 00:00:00

LONDON, Jan 6 (Reuters): Shipping companies have been the best performing stocks in Europe since the start of 2024, and were set for their biggest weekly jump in years, as the re-routing of vessels following attacks in the Red Sea...

China pushes equity fund launches to support stock market: sources

2024-01-07 00:00:00

HONG KONG/ SHANGHAI Jan 6 (Reuters): Beijing has informally asked some money managers in China to prioritise the launch of equity funds over other products like bond funds, four sources with direct knowledge of the matter said, as authorities scramble...

Spinners worst hit in 2023 in a decade, battered by global yarn price fall

Mohammad Mufazzal | 2024-01-07 00:00:00

Spinners had the worst year in a decade in 2023 as yarn became cheaper in the global market, dragging most companies in the red. Of the companies, Metro Spinning Mills experienced a loss of Tk 192.40 million in FY23, whereas...

Mujeeb returns to Afghanistan squad for India T20s

2024-01-07 00:00:00

Mujeeb Ur Rahman, who has been in the news recently for his run-in with the Afghanistan Cricket Board (ACB), has been included in the national team squad for the upcoming three-match T20 series against India, according to Cricbuzz.Mujeeb, along with...

Herath likely to return but not as spin bowling coach

2024-01-07 00:00:00

Rangana Herath, Bangladesh's former spin bowling coach, is aiming to take on a mentoring role for the country's spinners, shifting his focus away from the national cricket team, according to Cricbuzz.The Bangladesh Cricket Board (BCB) recently posted advertisements for various...

Titan posts strong growth in jewellery segment in Q3

2024-01-07 00:00:00

BENGALURU, Jan 5 (Reuters): Indian jeweller and watchmaker Titan Co Ltd said on Friday it registered a revenue growth of 22 per cent year-on-year in the third quarter ended Dec. 31 as it saw double-digit growth in its jewellery business.Titan's...

Global supply chain pressures eased in December: NY Fed

2024-01-07 00:00:00

NEW YORK, Jan 6 (Reuters): Supply chain pressures cooled down last month, the Federal Reserve Bank of New York said on Friday, but it's possible the benign reading may be the calm before some turbulence arrives.The bank's Global Supply Chain...

Soy declines for third week, corn hits contract low

2024-01-07 00:00:00

CHICAGO, Jan 5 (Reuters): Chicago Board of Trade soybean futures crumbled to their lowest prices since June on Friday and declined for a third consecutive week as much-needed rains hit dry growing areas in Brazil.Corn futures set a contract low....

Myanmar rebels take control of key town near Chinese border

2024-01-07 00:00:00

NAYPYIDAW, Jan 06 (Reuters): A Myanmar rebel alliance has gained control of a key town along the country's volatile northern border with China after weeks of fierce fighting with junta troops, the alliance and the junta said.The Three Brotherhood Alliance,...