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Germany's economy shrinks in Q3

2023-11-26 00:00:00

BERLIN, Nov 25 (Reuters): Germany's economy shrank slightly in the third quarter compared with the previous three months, data from its statistics office showed on Friday.The figure confirmed an initial estimate, published in late October, that saw Europe's largest economy...

Chinese car sales boom in Russia levels off

2023-11-26 00:00:00

MOSCOW, Nov 25 (Reuters): Chinese car sales in Russia appear to have peaked as domestic production recovers after the exodus of Western automakers, data shared with Reuters showed, but recent growth in the market may stall as high import costs...

'Black Friday' kicks off US shopping season amid economic unease

2023-11-26 00:00:00

NEW YORK, Nov 25 (AFP): US retailers' efforts to attract holiday gift buyers build to a crescendo this weekend as the "Black Friday" shopping day kicked off with big discounts.The major sales day after Thanksgiving, a custom increasingly adopted in...

Amazon hit by strikes, protests across Europe

2023-11-26 00:00:00

LONDON, Nov 25 (Reuters): Amazon workers walked out on strike at multiple locations across Europe on Friday in protests against the US e-commerce giant's working practices on one of the busiest shopping days of the year."Make Amazon Pay", a campaign...

Spot LNG prices steady as demand weak

2023-11-26 00:00:00

SINGAPORE, Nov 25 (Reuters): Asian spot liquefied natural gas (LNG) prices were little changed this week, slipping slightly from the previous week, as demand was weak and inventories remained high in both Northeast Asia and Europe.The average LNG price for...

RUPALI BANK OPENS ATM BOOTH

2023-11-26 00:00:00

Rupali Bank has opened an ATM booth at Kabirhat in Noakhali. Managing Director and CEO of the bank Mohammad Jahangir inaugurated the ATM booth on Saturday.

STANDARD BANK LAUNCHES REMITTANCE SERVICES THROUGH BKASH

2023-11-26 00:00:00

Standard Bank Limited has launched international remittance services through bKash. Md Habibur Rahman, Managing Director & CEO of the bank, and Ali Ahmmed, Chief Commercial Officer of bKash, officially inaugurated the service recently at a ceremony held at the Head...

IFIC BANK HOSTS SEMINAR

2023-11-26 00:00:00

IFIC Bank has recently hosted a daylong seminar on 'Raising Awareness to Eliminate Violence against Women in Bangladesh'. The seminar, conducted in collaboration with the Faculty of Law at the Dhaka University (DU), coincided with the International Day for the...

A day-long workshop on 'Income Tax Return Filing' organised by RAJUK

2023-11-26 00:00:00

A day-long workshop on 'Income Tax Return Filing' organised by Rajdhani Unnayan Kartripakkha (RAJUK) was held at its auditorium in the city recently. Chairman of RAJUK Md Anisur Rahman Miah attended the workshop as the chief guest while Member (Admin,...

PBIL RELAUNCHES WEBSITE

2023-11-26 00:00:00

Prime Bank Investment Limited (PBIL), a fully-fledged investment bank and a wholly owned subsidiary of Prime Bank Limited, unveiled its new website at a ceremony at the company's corporate head office in Dhaka recently. Chairman of the company CQK Mustaq...

GPH ispat, PWD sign MoU

2023-11-26 00:00:00

GPH ispat Limited and the Public Works Department (PWD) signed a memorandum of understanding (MoU) recently to work jointly in the areas of research and innovation, says a press release.Mohammed Alamgir Kabir, Chairman of GPH ispat, and Mohammad Shamim Akhter,...

Sri Lankan central bank reduces interest rates

2023-11-26 00:00:00

COLOMBO, Nov 25 (Xinhua): The Central Bank of Sri Lanka has decided to reduce its Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) by 100 basis points to 9.00 per cent and 10.00 per cent, respectively,...

Excessive profit-making tendency led to egg price volatility: Tipu Munshi

FE REPORT | 2023-11-26 00:00:00

Commerce Minister Tipu Munshi on Saturday said the tendency of a section of traders to make excessive profits had made the egg prices volatile on the local market, and the situation stabilised soon after the decision of egg import. The...

Tech-driven transformation for CMSMEs urged

FE REPORT | 2023-11-26 00:00:00

Equipping the small and micro-entrepreneurs with modern technology is one of the prerequisites for establishing a smart economy in Bangladesh.In addition to this, enhancing the technological capacity of government agencies is also vital for facilitating different services for entrepreneurs to...

Investors pour $40b into stocks in 2 weeks as markets surge: BofA

2023-11-26 00:00:00

LONDON, Nov 25 (Reuters): Investors have poured $40 billion into stocks since Oct. 9, the biggest two-week inflow since February 2022, as equities rallied, Bank of America said on Friday.In the four trading sessions to Tuesday, investors put $16.5 billion...

MTB Foundation observed White Cane Safety Day 2023 in partnership with CSID

2023-11-26 00:00:00

MTB Foundation recently observed White Cane Safety Day 2023 in partnership with Centre for Services and Information on Disability (CSID) for raising awareness about the importance of the white cane as a symbol of independent mobility for individuals who are...

Mercantile Bank donated agricultural machineries at Begumganj in Noakhali

2023-11-26 00:00:00

Mercantile Bank donated agricultural machineries at Begumganj in Noakhali. Eleven power tillers were distributed among 11 union parishads' chairmen of Begumganj on Friday from the special CSR fund of the bank. M A Khan Belal, director of the bank and...

Regulator seeks to reopen cos at any cost because they can repay if functional

MOHAMMAD MUFAZZAL | 2023-11-26 00:00:00

The securities regulator strives to bring non-operational companies back into operation in any way possible so that investors get return from the money they have injected into the organisations, says the regulatory body chief. In an exclusive interview with The...

Nine goats freed after one year in jail for eating grass in Barishal graveyard!

2023-11-26 00:00:00

BARISHAL, Nov 25 (UNB): A total of nine goats were released on Friday around one year after they had been kept confined to a prison for eating grass and leaves of trees in a graveyard in Barishal city.The goats were...

Youth's success in orange farming sets new agricultural trend

2023-11-26 00:00:00

KURIGRAM, Nov 25 (UNB): A young entrepreneur in Kurigram's Sadar upazila is reaping the benefits of orange farming, exemplifying self-reliance after completing his education.Abu Raihan Faruk, the enterprising youth, anticipates doubling his investment from selling a high-yield variety of oranges...

Rajshahi, Ctg, Gazipur, Satkhira, Feni road accidents kill 13

2023-11-26 00:00:00

A total of 13 people were killed in separate road accidents in Rajshahi, Chattogram, Gazipur Satkhira and Feni districts on Saturday, report agencies.In Rajshahi, five people, including four members of a family, were killed when a speeding truck collided head-on...

Re-excavation gives Bharardaho Beel a new lease of life

2023-11-26 00:00:00

RANGPUR, Nov 25 (BSS): Dazzling greenery all-around and chirping of migratory bird flocks, their free roaming on water and in the air and orderly flying scenes have given the re-excavated Bharardaho Beel a heavenly look.Barind Multipurpose Development Authority (BMDA) has...

Digging work to rescue 41 Indian workers halts again

2023-11-26 00:00:00

NEW DELHI, Nov 25 (AP): Attempts to reach 41 construction workers stuck in a collapsed tunnel in northern India for two weeks were again stymied Saturday.Rescuers had been working by hand to remove debris after the drilling machine they were...

Calm returns to Dublin streets

2023-11-26 00:00:00

DUBLIN, Nov 25 (Reuters): Calm was restored to the streets of central Dublin on Friday night amid a heavy police presence after 34 people were arrested following rioting the previous night that was triggered by the stabbing of three young...

Japan detects season's first bird flu case, to cull 40,000 birds

2023-11-26 00:00:00

TOKYO, Nov 25 (Reuters): Japan detected the first case of highly pathogenic H5-type bird flu this season at a poultry farm in the south of the country, public broadcaster NHK reported on Saturday.The local government in Saga prefecture will cull...

Russia launches biggest drone attack on Kyiv since war began

2023-11-26 00:00:00

KYIV, Nov 25 (BBC): Russia has launched its biggest drone attack on Kyiv since its full-scale invasion of Ukraine began last year, the city's mayor has said. Residents were woken by explosions before dawn on Saturday, and for more than...

We need to act immediately

2023-11-26 00:00:00

KING GEORGE ISLAND, Nov 25 (AP): On the cusp of the COP28 climate talks, U.N. Secretary-General Antonio Guterres visited frozen but rapidly melting Antarctica and said Thursday that intense action must be taken at the conference where countries will address...

Fire in Pakistan shopping mall leaves 11 dead

2023-11-26 00:00:00

KARACHI, Nov 25 (AFP): At least 11 people were killed and 35 injured Saturday by a fire at a shopping mall in Pakistan's commercial capital of Karachi, officials said.More than 60 people were inside the mall when the fire broke...

Relief, sadness for freed Palestinian prisoners

2023-11-26 00:00:00

GAZA, Nov 25 (Reuters/AP/AFP): For the families of Palestinian detainees freed by Israel under a hostage deal agreed with the Islamist group Hamas, Friday brought relief tinged with sadness at the fighting that is set to continue in Gaza after...

Kim reviews satellite photos of S Korea 'target regions'

2023-11-26 00:00:00

SEOUL, Nov 25 (AFP): North Korean leader Kim Jong Un has reviewed images taken by his country's new spy satellite of "major target regions" in South Korea, including its capital and cities hosting US military bases, state media said Saturday.Pyongyang...