AP, FRANKFURT, Germany -- The dollar continued its rise against the euro Friday amid hopeful signals on the U.S. economy, falling oil prices and gloom about the European economic outlook.

LONDON, Fri Aug 15, (bdnews24.com/Reuters) - The dollar powered to a six month high against the euro on Friday, boosted by jitters on shrinking euro area economic growth with extra fuel from position liquidation in commodities and energy markets.

AP, NEW YORK  -- Wall Street moved sharply higher Thursday as investors took advantage of bargains in financial stocks after two straight days of heavy declines. The Dow Jones industrials rose more than 100 points.

Stocks initially fell after the Labor Department reported another hefty jump in consumer prices. The 0.8 percent overall rise in July's Consumer Price Index was not as large as June's increase, but it was twice as high as the market expected, and brings inflation to its highest annual pace in 17 years.

AP, NEW YORK -- Wal-Mart Stores Inc. raised its full-year earnings forecast Thursday after second-quarter profit rose 17 percent, helped by tight inventory controls and a renewed focus on low prices that is attracting financially squeezed shoppers around the world.

AP, LONDON -- British oil company BP PLC says a Russian labor court has barred the chief executive officer of its troubled Russian joint venture, TNK-BP, from office for two years.

AP, WASHINGTON  -- Consumer prices shot up in July at twice the expected rate, pushed higher by surging energy and food costs. The latest surge left inflation running at the fastest pace in 17 years.

Fallout of crop losses

Staff Correspondent

The trade deficit almost doubled to over $6 billion last fiscal year from $3.45 billion in the fiscal year 2006-07 on rising food imports driven by crop losses, according to Bangladesh Bank.

Illegal VoIP business

Staff Correspondent

BTRC has fined Grameenphone Tk 250 crore for illegal VoIP business, the second time the country's largest mobile phone operator has been penalised for such rogue activities, the telecom regulators announced Thursday.

REUTERS, WASHINGTON- A world trade deal that dramatically opens livestock markets in the European Union, Canada and Japan is within grasp if talks that collapsed last month in Geneva can be revived.

Staff Correspondent

The court denied bail to BNP senior joint secretary general Tarique Rahman in the Zia Orphanage Trust corruption case.

AP, LONDON  -- The U.S. dollar was mixed against other major currencies in European trading Thursday. Gold fell.

AP, NEW YORK  -- Oil prices pulled back slightly Thursday, a day after surging almost $3 a barrel, as waning U.S. demand for energy outweighed supply threats from the conflict in Georgia.

WASHINGTON, Thu Aug 14, (bdnews24.com/Reuters) - Consumer prices rose at twice the rate expected in July to post the fastest rate of year-over-year growth in 17-1/2 years, pushed up by costlier energy and food, a government report on Thursday showed.

TRAVERSE CITY, Michigan, Thu Aug 14, (bdnews24.com/Reuters) - Ford Motor Co starts producing its new global subcompact, the Fiesta, on Thursday, a key launch as the automaker aims to cut manufacturing and development costs worldwide.

Dhaka, Aug 14 (bdnews24.com)—The closing day of the week was marked by rising indices on the country's stock exchanges.

Agency

As many as 270 now-closed sick garment factories may reopen soon after a government decision to facilitate their quick return to business.

NEW DELHI, Wed Aug 13,(bdnews24.com/Reuters) - India's diesel demand is growing at an unexpectedly high rate of 23-24 percent, the oil minister said on Wednesday, causing shortages in some regions.

AP, WASHINGTON -- Retail sales fell in July, the weakest performance in five months, as shoppers shunned autos and other big ticket items.

AP, NEW YORK  -- Stocks fell sharply for a second session Wednesday after the government reported retail sales fell in July to their weakest levels in five months and as oil prices advanced. The Dow Jones industrial average fell about 150 points.

Deere & Co., the world's largest of maker of farm machinery, said Wednesday third-quarter profit rose 7 percent as high crop prices spurred stronger sales of tractors and harvesting equipment, reports AP.