Bangladesh News

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Oct 23rd
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Dollar down, gold up PDF Print E-mail
Wednesday, 17 September 2008

AP, LONDON -- The U.S. dollar was lower against most other currencies in European trading Monday morning. Gold rose.

The euro traded at US$1.4246, up from US$1.4215 late Friday in New York.
 
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7 Bangladeshi call centres join PDF Print E-mail
Wednesday, 17 September 2008

UK Expo

Staff Correspondent

Seven Bangladeshi firms are taking part in the two-day Call Centre Expo 2008, in the UK's Birmingham, beginning Tuesday.

The seven firms are Aamra Outsourcing Ltd, HMC Technology Ltd, InGen Technology, Iqra Media Centre, Legato Services Ltd, Orbit Communications and Windmill Advertising Ltd.
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Ceramics sector eyes $100m export PDF Print E-mail
Wednesday, 17 September 2008

Bdnews24.com

The ceramics industry is eyeing $100 million in exports by 2012, the Bangladesh Ceramic Ware Manufacturers' Association chairman says.

"We expect to export ceramics worth $100 m by 2012, provided the government supports us as required," Rashed Mowdud Khan told bdnews24.com in a recent interview.
 
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Hasina challenges 2 graft cases PDF Print E-mail
Monday, 15 September 2008

Staff Correspondent

Former prime minister Sheikh Hasina has challenged the legality of two graft cases and their proceedings against her.

Hasina's lawyer barrister Shafik Ahmed filed two separate writ petitions with the High Court on Sunday against an extortion case and a case involving the purchase of MiG-29 warplanes.
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EC dialogue awaits wrap-up PDF Print E-mail
Monday, 15 September 2008

One year on

Staff Correspondent

The Election Commission, one year after it began dialogue with political parties, has yet to complete the process although it was scheduled to wrap up by the end of November last year.

The commission began electoral talks with political parties on Sept 12 last year, inviting 17 parties to the first round of dialogue.
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Amir Khasru Chy gets bail PDF Print E-mail
Monday, 15 September 2008

Staff Correspondent

The High Court on Sunday granted former commerce minister Amir Khasru Mahmud Chowdhury three-month bail in two cases.

The HC bench of justices Mirza Hossain Haider and Mamnun Rahman also stayed the case proceedings for the same period.

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Lifetime leadership doesn't mean lifelong chairperson PDF Print E-mail
Monday, 15 September 2008

Delwar says as clarification to earlier statement

Desk Report

BNP secretary general Khandaker Delwar Hossain clarified on Saturday night that Khaleda Zia's "lifetime leadership" of the party did not mean being appointed "chairperson for life".

The clarification came on the heels of an earlier statement—following a BNP standing committee meeting that decided Khaleda would "lead the party for life"—which gave rise to some misunderstanding.
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Hasina to need permanent ear-aid PDF Print E-mail
Monday, 15 September 2008

Says her son Joy

Staff Correspondent

Permanent damage in Sheikh Hasina's left ear will compel the former prime minister to use a hearing aid for the rest of her life, her son Sajib Wazed Joy said Saturday.

Joy, speaking to bdnews24.com by phone, said: "My mother's physical condition is better now. But the problem she had with her ear has no chance of improving in the future."
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JU students declare teacher 'persona non grata' PDF Print E-mail
Monday, 15 September 2008

A group of Jahangirnagar University students have decided to declare head of drama and dramatics Md Sanwar Hossain persona non grata on campus, and bar all entry to the university's drama department on Sunday, reports bdnews24.com

The students made the announcement around midnight as they relaxed their demonstrations against a syndicate meeting decision on Saturday to clear the teacher of sexual harassment charges.
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Police raid slums, relatives angry after bombs PDF Print E-mail
Monday, 15 September 2008

REUTERS, NEW DELHI - Police officers trawled slums and criminal hideouts in New Delhi on Sunday rounding up suspects, after serial bombings in the city a day earlier killed at least 20 people and wounded nearly 100.

Police said they were pursuing several leads, including talking to an 11-year-old boy who said he had seen two men drop off a large plastic bag at one of the blast sites.
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88 killed as Russian Aeroflot plane crashes PDF Print E-mail
Monday, 15 September 2008

REUTERS, Moscow- A Russian Boeing 737-500 airliner crashed near the Ural mountains on Sunday, killing all 88 passengers and crew on board -- 21 of them foreign nationals.

The plane, operated by Russia's national airline Aeroflot and on an internal flight from Moscow, ploughed into wasteland while trying to land in the Siberian city of Perm.
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Bush lifts restrictions on imported fuel due to Ike PDF Print E-mail
Monday, 15 September 2008

AFP, WASHINGTON  - US President George W. Bush announced on Saturday restrictions on imported gasoline had been suspended in response to Hurricane Ike which had forced companies to abandon oil refineries along the Texas coast.

"Last night we suspended EPA (Environmental Protection Agency) waivers on certain reformulated gasoline, which will make it easier for imports from abroad to make it into our markets.
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Alitalia 'can guarantee no flights after Sunday' PDF Print E-mail
Monday, 15 September 2008

AFP, ROME - Failing Italian airline Alitalia cannot guarantee any flights after Sunday because of lack of fuel, unions quoted special administrator Augusto Fantozzi as saying Saturday.

"Up to tomorrow (Sunday) we have guaranteed flights, but not on Monday because no-one will supply us with kerosene," Fantozzi reportedly said after summoning the nine unions for last-ditch talks to save the airline.
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U.S. Gives Banks Urgent Warning to Solve Crisis PDF Print E-mail
Monday, 15 September 2008

NY Times

As Lehman Brothers teetered Friday evening, Federal Reserve officials summoned the heads of major Wall Street firms to a meeting in Lower Manhattan and insisted they rescue the stricken investment bank and develop plans to stabilize the financial markets.

Timothy F. Geithner, the president of the New York Federal Reserve, called a 6 p.m. meeting so that bank officials could review their financial exposures to Lehman Brothers and work out contingency plans over the possibility that the government would need to orchestrate an orderly liquidation of the firm on Monday, according to people briefed on the meeting.
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Walgreen offers $2.8B to buy Longs Drug Stores PDF Print E-mail
Monday, 15 September 2008

AP, NEW YORK -- Walgreen Co. made an offer late Friday to buy Longs Drug Stores Corp. for $2.8 billion, hoping to unseat a rival offer from CVS Caremark Corp. that Longs had already accepted.

Deerfield, Ill.-based Walgreen said it would pay $75 a share in cash to buy Walnut Creek, Calif.-based Longs, besting CVS's price of $71.50 per share, also in cash, which was equivalent to about $2.7 billion. Either deal would also include the assumption of about $200 million in debt.
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GM support grows to $10.6B in new plan for Delphi PDF Print E-mail
Monday, 15 September 2008

AP, NEW YORK  -- Delphi Corp. and its former parent General Motors Corp. said Friday they have reached a new deal on the automaker's role in Delphi's bankruptcy that puts the supplier on track to exit Chapter 11 by the end of the year.

The agreement boosts GM's financial support of Delphi to $10.6 billion, up from $6 billion in an earlier plan. That includes the assumption of $3.4 billion in pension obligations for hourly workers, instead of the $1.5 billion predicted earlier.
 
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US Mobile firms like cash from data, but worry about devices PDF Print E-mail
Monday, 15 September 2008

REUTERS, SAN FRANCISCO- US mobile phone companies have begun to see substantial returns from delivering data and not just voice, fueled by greater openness on their networks, industry leaders said on Wednesday.

But top executives of three of the nation's four largest mobile carriers also said they are still worried by consumer demands for unfettered freedom to use untested devices or software applications to connect to their networks.
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At Least 17 Killed as Trains Collide in Los Angeles PDF Print E-mail
Monday, 15 September 2008

Times Online

A freight train collided with a rush-hour commuter train in Los Angeles on Friday evening, killing at least 17 people and injuring scores of others, many of them critically.

The crash was potentially the deadliest accident in the history of the Southern California commuter trains.
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Huge Storm Slams Into Coast of Texas PDF Print E-mail
Monday, 15 September 2008

Millions have fled areas near gulf

NY Times

As the sun rose over the Texas Gulf Coast, Hurricane Ike continued to whipsaw its way through Houston after lashing Galveston, leaving at least three million customers without power, streets under water and authorities poised to evaluate the extent of the damage once the storm made its way through.

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Russian troops withdraw in western Georgia PDF Print E-mail
Monday, 15 September 2008

AFP, POTI, Georgia - Russian troops pulled out of encampments in western Georgia on Saturday as the shooting of a Georgian policeman underlined tensions over the EU-brokered disengagement plan.

As dawn broke, Russian columns could be seen leaving camps near the strategic port of Poti and around the western town of Senaki, abandoning earth embankments and trenches they had dug and heading towards the Abkhazia rebel region.
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Night landing in Antarctica hailed as historic PDF Print E-mail
Monday, 15 September 2008

AFP, WELLINGTON - A pilot has successfully landed an aircraft in Antarctica using night-vision goggles, a feat hailed Saturday as historic and could lead to year-round flights to the frozen continent.

The pilot of the US Air Force Globemaster flew from Christchurch in New Zealand to the US Antarctica base at McMurdo Sound overnight Thursday in the first such mission described as risky.
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