US urged to explore oil, gas in offshore areas
Prime Minister's Power, Energy and Mineral Resources Affairs Adviser Dr Tawfiq-e-Elahi Chowdhury has encouraged the US companies for oil and gas exploration in Bangladesh's offshore areas and to look at the prospects of nuclear power modular reactors in Bangladesh, reports UNB.He also urged the US government to invest more through...
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Sonali Bank Limited CEO and Managing Director Md. Ataur Rahman Pradhan along with his family members
Sonali Bank Limited CEO and Managing Director Md. Ataur Rahman Pradhan along with his family members places a wreath at the grave of Father of the Nation Bangabandhu Sheikh Mujibur Rahman at Tungipara in Gopalganj on Thursday marking three years of his job at the bank.
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Japan core consumer prices rise 2.4pc in July
TOKYO, Aug 19 (AFP): Japan's core consumer prices for items excluding fresh products rose 2.4 percent on-year in July, the highest in more than seven years and marking four straight monthly gains of more than two percent, government data showed Friday.While energy prices continued to mount, the speed of the...
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Sarwar Hossain new chairman of Simtex Industries
Md. Akram Hossain has resigned as Independent Director of Simtex Industries Limited,says a press release.Major General (retd) Md. Sarwar Hossain has been appointed as the new Independent Director of the company with effect from August 17. The Board of Directors of Simtex Industries Limited has also elected Major General (retd)...
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Sudden crypto market drop sends bitcoin below $22,000
Bitcoin on Friday fell to its lowest level in more than three weeks, dipping below $22,000 amid a sudden crypto sell-off in early European trading, reports CNBC. Bitcoin plunged from $22,738 to below $21,427.59 at 10:20 am ET, according to CoinDesk data. Earlier in the morning, the cryptocurrency fluctuated between...
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Xiaomi posts 20pc revenue fall, hurt by China COVID curbs
SHANGHAI, Aug 19 (Reuters): China's Xiaomi Corp posted a steep drop in second quarter revenue on Friday as the world's biggest smartphone market shrank, hit by strict COVID restrictions.Sales fell 20 per cent year on year to 70.17 billion yuan ($10.31 billion), missing estimates and marking a steeper decline from...
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US recession to be long, severe: economist
NEW YORK, Aug 19 (XINHUA): A recession for the United States will be "long" and "severe," and could bring financial distress "across the board," Bloomberg on Monday cited Nouriel Roubini, an economist known for his bearish tendencies."We are in a sharp slowdown. We've had two negative quarters of growth in...
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Top uranium miner ups output target citing bullish nuclear outlook
ALMATY, Aug 19 (Reuters) - The world's biggest uranium miner, Kazatomprom, has raised its 2024 output target, it said on Friday, citing growing demand for nuclear fuel amid global energy security concerns and the war in Ukraine.Kazakhstan-based Kazatomprom will boost production by 2,000-3,000 tonnes in 2024, it said in a...
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