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Dudu, Swapan shown held in cop weapon snatching case

2023-11-20 00:00:00

A court in the city on Sunday showed BNP vice-chairman Shamsuzzaman Dudu and media cell convener Jahir Uddin Swapan arrested in a case lodged over snatching of police weapon and vandalising Liberation War Museum of Bangladesh Police, reports BSS.Dhaka Metropolitan...

BNP leader hacked to death in Naogaon

2023-11-20 00:00:00

NAOGAON, Nov 19 (UNB): Masked miscreants hacked a local Bangladesh Nationalist Party (BNP) leader to death in Talpukur area under Sadar upazila of Nagaon last night.The deceased, Kamal Ahmed (60), was joint convenor of ward-9, Sadar municipality unit of BNP,...

Cops, journos among 10 injured in Sunamganj clash during hartal

2023-11-20 00:00:00

SUNAMGANJ, Nov 19 (UNB): At least 10 people including policemen and journalists were injured in a clash between BNP activists and law enforcers during picketing amid the 48-hour hartal being observed by the party and like-minded opposition parties.Locals said that...

EC apprises C'wealth team of election preparation

2023-11-20 00:00:00

The Election Commission (EC) has informed the visiting Commonwealth pre-election assessment mission of the polls preparation as the 12th parliamentary election will be held on January 7, reports BSS.A four-member delegation of the pre-election assessment team of the Commonwealth was...

Polls will be held on time, won't be deferred: FM

2023-11-20 00:00:00

Foreign Minister AK Abdul Momen on Sunday said the national election will be held as per the election schedule announced by the Election Commission, reports UNB."Certainly it will not be deferred. Election will be held timely," he told reporters at...

Four BNP front leaders arrested in city

2023-11-20 00:00:00

The Rapid Action Battalion (RAB) have arrested four BNP's front leaders including the president of Jatiyatabadi Sramik Dal from city's Jatrabari area in the city last night in connection with violence triggered from October 28 rally in the city, reports...

Jatiya Party ready to contest national election: Raushan

2023-11-20 00:00:00

Leader of the opposition in parliament and Jatiya Party's Chief Patron Raushan Ershad on Sunday sought the full cooperation from President Mohammed Sahabuddin in conducting the upcoming 12th parliamentary election in a fair, free, impartial, and peaceful manner, reports UNB.She...

No scope of getting AL ticket without dedication to party politics: Hasan

2023-11-20 00:00:00

Awami League (AL) Joint General Secretary Dr Hasan Mahmud on Sunday said there is no scope of getting nomination of AL without doing politics of the party with dedication, reports BSS.A candidate must have dedication, loyalty, popularity and long continuation...

Germany, France, Italy reach deal on future AI regulation

2023-11-20 00:00:00

BERLIN, Nov 19 (Reuters): France, Germany and Italy have reached an agreement on how artificial intelligence should be regulated, according to a joint paper seen by Reuters, which is expected to accelerate negotiations at the European level.The three governments support...

Meta moves members of its Responsible AI team

2023-11-20 00:00:00

NEW YORK, Nov 19 (Reuters): Meta Platforms is dispersing the members of its Responsible AI team among other groups in the company where they will continue to work on preventing harms associated with artificial intelligence, the company said on Saturday.A...

FTSE indexes eye sharp weekly gains on peak-rate optimism

2023-11-20 00:00:00

The UK's main stock indexes rallied to close over 1 per cent higher on Friday and notched steep weekly gains after a slew of economic data spurred expectations among investors that interest rates have peaked, reports Reuters.The blue-chip FTSE 100...

Jack Ma positive on Alibaba, will continue to hold shares: South China Morning Post

2023-11-20 00:00:00

Alibaba co-founder Jack Ma is "very positive" about the company and will continue to hold its shares, the South China Morning Post reported on Friday, citing a communiqué from his office, reports Reuters.The comments from Ma's office come a day...

Warren Buffett's stamp of approval helps Japan's Mitsubishi shed conglomerate stigma

2023-11-20 00:00:00

TOKYO, Nov 19 (Reuters): Warren Buffett's vote of confidence in Japanese trading houses is helping Mitsubishi Corp overcome long-held investor wariness about its complex global business that covers everything from sausages to natural gas, a top executive said.Japan's largest trading...

High yield bond market may hold less junk than before: McGeever

2023-11-20 00:00:00

Europe's largest fund manager, Amundi's investment institute, expects emerging markets (EM) to benefit next year from better economic prospects than developed markets, and as the US Federal Reserve embarks on a rate cutting cycle, reports Reuters.The Fed is likely to...

After breathtaking surge, US stocks' path may rest on economic soft landing

2023-11-20 00:00:00

NEW YORK, Nov 19 (Reuters): Are US stocks poised to continue their dramatic run, or is a pause ahead? That's the question investors are asking as the S&P 500 heads into the close of the year with fresh highs coming...

Pubali Bank organised a CLS agent conference

2023-11-20 00:00:00

The Consumers Credit Division of Pubali Bank organised a CLS (Consumer Loan Scheme) agent conference in the capital recently. Mohammad Ali, managing director and CEO of Pubali Bank, was present as the chief guest, while deputy managing directors Md Shahnewaz...

Fintech company wagely and Mutual Trust Bank signed agreement

2023-11-20 00:00:00

Fintech company wagely and Mutual Trust Bank (MTB) signed an agreement to facilitate workers in accessing a range of financial services, including on-demand salary, digital payments, credits, savings and instant transfer using Open Banking API. MTB Managing Director and CEO...

DSE launched a new data centre

2023-11-20 00:00:00

The Dhaka Stock Exchange (DSE) has launched a new data centre at DSE Tower in Nikunja area to ensure that stock market transactions can be done automatically and without interruptions. DSE Chairman Prof Hafiz Muhammad Hasan Babu, Director Rubaba Daula,...

BDBL SIGNS AGREEMENT WITH GAZI COMMUNICATIONS

2023-11-20 00:00:00

Bangladesh Development Bank Limited (BDBL) signed an agreement with Gazi Communications on Sunday to ensure next-generation endpoint cybersecurity. Managing Director & CEO of the bank Md Habibur Rahman Gazi and Gazi Communications Executive Director Md Salahuddin Chodhury were present at...

COMMUNITY BANK PROVIDES FINANCIAL ASSISTANCE FOR DU STUDENTS

2023-11-20 00:00:00

Community Bank Bangladesh Limited has provided financial assistance for the meritorious students of Banking and Insurance Department, Faculty of Business Studies, University of Dhaka, under the bank's CSR initiatives. Masihul Huq Chowdhury, MD & Chief Executive Officer of Community Bank,...

Daraz 11.11: Up to 50pc discount on Minister products

2023-11-20 00:00:00

The best online sales of the year, 'Daraz 11.11,' is now underway. This campaign will run throughout the month. During this campaign, customers are getting incredible discounts on any electronics products from the country's leading electronics brand, Minister, and all...

Walton launches two new frameless LED monitors

2023-11-20 00:00:00

Walton, country's tech product manufacturer, has recently launched two new models of slim monitors equipped with IPS panel, said a press release.The full HD backlight LED monitors have frameless designs in three sides. The attractively designed monitors with no bezel...

Indian investor allegedly deprived of due return on investment in BD firm

FE REPORT | 2023-11-20 00:00:00

An Indian investor has allegedly been deprived of due return on his investment in a Bangladesh-based multinational company.Gautam Ghosh, the investor, claimed he obtained a 10 per cent stake in multinational company Havas Media Bangladesh Ltd, a partner of USA-based...

Zakia Rouf elected vice chairman of Bank Asia

FE DESK | 2023-11-20 00:00:00

Zakia Rouf Chowdhury was elected as vice chairman of Bank Asia Limited at the 508th meeting of the board of directors of the bank, said a statement. She has a business career of more than 35 years in the private...

Power Grid: Return from network expansion with foreign loans looks far off

BABUL BARMAN | 2023-11-20 00:00:00

Higher borrowings to expand transmission lines across the country are costing Power Grid more than expected, as the taka has kept losing value against the dollar, and that wiped out its profit in FY23. Its debt burden swelled 29 per...

BP seeks partnerships to navigate renewables storm

2023-11-20 00:00:00

BERLIN/LONDON, Nov 19 (Reuters): BP is seeking partners for offshore wind projects in Japan and may invest in hydrogen technology companies to tackle inflation and equipment bottlenecks that have battered the renewables sector.The oil major plans to expand in low...

India raises concerns over potential carbon taxes

2023-11-20 00:00:00

NEW DELHI, Nov 19 (Reuters): India is worried about Britain's possible tax on imports of high-carbon goods like steel and wants a mechanism in their planned free-trade agreement (FTA) to address issues arising from such a measure, three Indian sources...

Citigroup staff expect management reshuffle

2023-11-20 00:00:00

NEW YORK, Nov 19 (Reuters): Employees of Citigroup expect announ-cements about management changes and layoffs on Monday in the next phase of the bank's sweeping reorganization, according to four people familiar with the situation.Employees are awaiting more details about the...

White House criticises Elon Musk over 'hideous' antisemitic lie

2023-11-20 00:00:00

WASHINGTON, Nov 19 (BBC): The White House has accused Elon Musk of repeating a "hideous lie" about Jewish people, after the X owner appeared to respond approvingly to an antisemitic post on the platform.On Wednesday, Mr Musk replied to a...

Oman’s special economic zones secure investments worth $43b

2023-11-20 00:00:00

RIYADH, Nov 19 (Arab News): Oman's special economic zones and industrial cities have seen a surge in investments, reaching $43.16 billion in the first six months. According to Oman News Agency, the Public Authority for Special Economic Zones and Free...