Finance News: Latest Financial News, Finance News today in Bangladesh

UN warns El Nino set to be ‘strong’

GENEVA, July 03 (Agencies): El Nino is here and will quickly develop into a strong event between July and September, fuelling the likelihood of extreme weather, the United Nations' climate agency warned Friday.The World Meteorological Organization (WMO) said the climate phenomenon would rapidly gain strength, as it warned countries to...

US alerted Iran over possible Israeli bid to kill top negotiators

DUBAI, July 03 (Reuters): The US asked countries in the Middle East to warn Iran that Israel could target two of Tehran's senior negotiators during sensitive ceasefire talks earlier this year, according to a report in The New York Times.Washington feared Tel Aviv might attempt to assassinate Iranian Foreign Minister...

Israel leases confiscated Jerusalem land to US for $1 to build permanent embassy

TEL AVIV, July 03 (Reuters): Israel has signed an agreement with the United States (US) to hand over a plot of land in Jerusalem for $1 to build the permanent site of the US Embassy there, according to Turkey's state news agency Anadolu.Israeli Foreign Minister Gideon Saar and US Ambassador...

3,700 excess deaths reported during heatwave in Europe

PARIS, July 03 (Agencies): France, the Netherlands and Belgium have recorded 3,700 excess deaths during the June heatwave that sent temperatures soaring across Europe, with authorities warning that the numbers are preliminary and could rise.Experts have said the heatwave, which lasted from about June 20-28, was the worst recorded in...

Putin shrugs off fuel shortages in Russia as he ramps up attacks on Ukraine

MOSCOW, July 03 (Arab News): The Russian military unleashed a massive 11-hour barrage on the Ukrainian capital overnight into Thursday morning that killed at least 21 peopleDespite severe fuel shortages across Russia, President Vladimir Putin appears unbothered by Ukraine's increasing attacks on his country's oil refineries.He has shrugged off the...

Sri Lankan ex-navy chief arrested on corruption charges

COLOMBO, July 03 (Reuters): Authorities in Sri Lanka arrested a former navy commander on Friday over allegations he illegally helped secure the recruitment and overseas training of ex-president Mahinda Rajapaksa's son.Admiral of the Fleet Wasantha Karannagoda, 73, was taken into custody by the Bribery Commission over the 2006 enlistment of...

40 killed as bus falls into ditch in Pakistan

QUETTA, July 03 (Reuters): Forty people were killed and eight others injured after a bus fell into a deep roadside ditch in Pakistan's southwestern province of Balochistan on Friday, a rescue agency and a government official said.The bus, operated by a private intercity service, was headed to national capital Islamabad...

Trump heads for Mount Rushmore as US turns 250

WASHINGTON, July 03 (AFP): President Donald Trump kicks off America's 250th birthday weekend on Friday with a trip to a landmark upon which many suspect he would like to see his own face carved in rock -- Mount Rushmore.On the eve of Independence Day, Trump will give a speech beneath...

Venezuela earthquake death toll rises to 2,595 as rescue hopes fade

CARACAS, July 03 (Arab News): The death toll from Venezuela's twin earthquakes has risen to 2,595, Interim President Delcy Rodriguez said on Thursday, as rescue efforts increasingly shifted from finding survivors to recovering bodies from the rubble.Rodriguez told a press conference there were no plans for mass graves despite thousands...