DHAKA: The number of Americans filing new claims for unemployment benefits fell for a second week last week, suggesting labour market conditions continue to steadily improve.Initial claims for state unemployment benefits slipped 2,000 to a seasonally adjusted 339,000, the Labor Department

DHAKA: World energy power Russia said on Thursday that its 2013 oil output hit a post-Soviet high while natural gas production of its giant Gazprom holding slipped for the second successive year.The mixed figures, highlighted by yet another dip in oil exports outside ex-Soviet

DHAKA: Chinese manufacturing grew at its slowest pace in three months in December, HSBC confirmed on Thursday, as demand for the country’s goods eased, adding to concerns about recovery in the world’s number two economy.The bank’s final purchasing managers’ index (PMI), which

DHAKA: Emirates airline expansion reached new heights on February 10 with the start daily non-stop flight to Taiwan’s capital city.This will be first non-stop connection between Taipei’s Taoyuan International Airport and Middle East.  The airlines made the announcement at a press

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Thursday.The key index of Dhaka Stock Exchange, DSEX, rose over 27 points to stand at 4,314 at the close on the last trading day of the week.Trade deals stood at 103,202 with transaction at Tk 3,704

DHAKA: Supun Weerasinghe took charge as chief executive officer (CEO) of Robi Axiata Limited, leading mobile operator of Bangladesh, on Wednesday.Supun has replaced Michael Kuehner who decided to retire from full time corporate life. Michael will continue to be a member of the Board of

DHAKA: The Italian motors giant Fiat has agreed to buy the remaining 41% of Chrysler it does not own in a move that will create the world`s seventh-largest car company.Fiat has owned a majority stake in the US company since 2009.The agreement ends long negotiations with the current

DHAKA: Foreign exchange reserves of Bangladesh Bank (BB) rose to a record $18.07 billion at the end of December from $17.11 billion in November. Sources from the central bank of the country said that the reserves are enough to cover six months of imports’ expenditure.Rising exports, a

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Wednesday.The key index of Dhaka Stock Exchange, DSEX, rose over 19 points to stand at 4,286 at the close on the third trading day of the week as trading remained closed on Tuesday due to bank

DHAKA: Armed Police Battalion (APBn) personnel held two people with huge banned cigarettes and four gold bars weighing 435 gram from Hazarat Shahjalal International Airport on Wednesday morning.The detainees are- Jahir Uddin, 45 and Ali Sheikh, 40.Sources said that the detainees arrived

DHAKA: Trading on the country’s two bourses is underway showing gain in share-price indices on Wednesday, the first day of New Year.The key index of Dhaka Stock Exchange, DSEX, rose over 40 points to stand at 4,307 at 11:45am.Trade deals stood at 28653 with transaction at Tk 1,149

DHAKA: Anti-Corruption Commission (ACC) filed a case against opposition BNP vice-chairman Morshed Khan, his wife and son on charge of money laundering.The two other accused are Nasrin Khan and Faisal Morshed Khan.Deputy Director of the ACC M Moniruzzaman filed the case with Ramna Thana on

DHAKA: A Dhaka court on Tuesday issued arrest warrant against six people, including the managing director of Tazreen Fashions Ltd, in a murder case filed over the devastating fire in the factory.Senior Judicial Magistrate Wasim Sheikh passed the order to arrest the six fugitives after

DHAKA: Standard Bank, a private commercial banks of Bangladesh, inaugurated its new branch at Chittagong, said a press release.  Recently in a befitting manner with a big-bang Kazi Akram Uddin Ahmed, President of FBCCI who is also the Chairman of the Bank graced the function as Chief

DHAKA: Investors witnessed sharp fall in the benchmark indices of the country’s bourses on Monday.The key index of Dhaka Stock Exchange, DSEX, shed over 56 points to stand at 4,266 at the close on the second trading day of the week.Trade deals stood at 91,634 with transaction at Tk

DHAKA: Trading on the country’s two bourses is underway showing gain in share-price indices on Sunday.The key index of Dhaka Stock Exchange (DSEX) rose over 12 points to stand at 4,213 at 2:04pm on the first trading day of the week.Trade deals stood at 55,891 with transaction at Tk

DHAKA: This winter The Westin Dhaka is offering to the dining patrons a completely new buffet experience at the Signature Restaurant Seasonal Tastes. Every Thursday a glorious buffet spread showcasing the breadth and depth of authentic flavors from the Middle to Far East awaits

DHAKA: Global Economist Forum (GEF) forecasted due to the enduring political unrest in Bangladesh, the country might achieve minus growth of Gross Domestic Product (GDP).GEF came up with the prediction in its economic outlook 2014 published on December 28.It said: “The political

DHAKA: In exchange of the 268.4 acres of its land that will be handed over to Bangladesh, the state government of Assam wants access to the optical fibre submarine international internet gateway called the South East Asia-Middle East-Western Europe 4 (SEA-ME-WE 4) at its landing point at

DHAKA: The UK will be in a position to overtake Germany as Europe’s largest economy, according to the think tank the Centre for Economic and Business Research.The CEBR predicts that Germany will lose its current top spot in Europe by 2030.It cites the UK’s population growth as an aid