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Business News
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Monday, 14 July 2008 |
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REUTERS, SAN FRANCISCO- Yahoo Inc on Saturday rejected a proposal to sell its search business to Microsoft Corp and hand over the remainder of the company to activist investor Carl Icahn. Yahoo said in a statement it received the joint proposal from Microsoft and Icahn on Friday evening and was given less than 24 hours to accept. It said Microsoft and Icahn made clear they were unwilling to negotiate the fundamental terms, which include the immediate replacement of Yahoo's board and removal of top management. |
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Business News
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Monday, 14 July 2008 |
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REUTERS, WASHINGTON- US banking regulators swooped in to seize mortgage lender IndyMac Bancorp Inc on Friday after withdrawals by panicked depositors led to the third-largest banking failure in US history. California-based IndyMac, which specialized in a type of mortgage that often required minimal documents from borrowers, became the fifth US bank to fail this year as a housing bust and credit crunch strain financial institutions. |
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Business News
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Sunday, 13 July 2008 |
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Finance adviser AB Mirza Azizul Islam Saturday ruled out fears of a food crisis and said domestic procurement and import were underway to build up an adequate stock in government warehouses, reports bdnews24.com. |
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Country News
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Sunday, 13 July 2008 |
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Discussion on law and order Says Matin Staff Reporter Home adviser MA Matin said Saturday that no more special anticrime crackdown would be launched ahead of the elections. Speaking to reporters after a discussion meeting on law and order at Chittagong Circuit House, the adviser, however, said routine drives would continue to main law |
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Country News
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Sunday, 13 July 2008 |
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Dialogue with parties Staff Correspondent The government will again invite the BNP to dialogue, if necessary, commerce adviser Hossain Zillur Rahman said Saturday. "We are still determined to go ahead with all parties," the adviser told reporters after government dialogue with Bangladesh Khelafat Andolan at the Chief Adviser's Office. |
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Country News
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Sunday, 13 July 2008 |
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Holding of free , fair polls Staff Correspondent A major reshuffle in the local administration is likely in August ahead of the upazila polls, an election commissioner has said. The Election Commission has asked the government to reorganise the field-level administration in the interest of free, fair, peaceful and neutral polls, EC M Sakhawat Hussain told bdnews24.com Thursday. |
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Country News
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Sunday, 13 July 2008 |
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Mayoral Polls Our Correspondent A 'citizens committee' in Rajshahi city called upon the 14-party alliance Friday to endorse their chosen candidate Khairuzzaman Liton to run for mayor instead of the alliance-backed Fazle Hossain Badshah. In a press conference at the local election office, the 'Nagorik (or Citizens) Committee' member secretary Syed Shafiqul Alam said people of the city wanted the 14-party alliance to back Liton as mayoral candidate "to beat anti-liberation forces in the city corporation polls". |
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Country News
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Sunday, 13 July 2008 |
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Mayoral candidature Our Correspondent Leaders and supporters of Awami League and its front organisations in Rajshahi rejected the 14-party alliance's endorsement of Fazle Hasan Badshah as mayoral candidate. They locked the AL offices in Kumarpara in protest against the endorsement of Workers Party leader Badshah. |
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Country News
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Sunday, 13 July 2008 |
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CMC to reopen tomorrow Staff Reporter College authorities have decided to reopen Chittagong Medical College on Monday, after student clashes forced them to close its doors on Friday. Principal MA Wahab told this correspondent two committees have also been formed to investigate the incidents of student violence. |
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Country News
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Sunday, 13 July 2008 |
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Demand for higher wages Staff Correspondent Water transport workers called off a nationwide wildcat strike Saturday, after hours of a deadlock that disrupted river traffic, said a labour leader. Bangladesh Water Transport Workers Federation went on strike Thursday night demanding higher wages, which suspended public transports on major river routes. |
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Country News
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Sunday, 13 July 2008 |
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Withdrawal of cases against Hasina Desk Report The Jubo League Saturday announced a weeklong programme to press home a series of demands, including withdrawal of cases against Awami League president Sheikh Hasina. The AL's front organisation made the announcement at the AL headquarters on Bangabandhu Avenue. |
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Country News
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Sunday, 13 July 2008 |
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Our Correspondent Safia Khatun, mother of Birsreshtha captain Mohiuddin Jahangir, died in Barisal early Saturday at the age of 80. Bachchu Howlader, Safia's younger son, said his mother died shortly after midnight at Sher-e-Bangla Medical College Hospital. |
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Country News
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Sunday, 13 July 2008 |
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Desk Report The government has extended the term of parole for Awami League general secretary Abdul Jalil by one more month, a home ministry official said Saturday. Jalil is now undergoing treatment at Mount Elizabeth Hospital in Singapore. |
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Country News
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Sunday, 13 July 2008 |
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Bdnews24.com Thousands of manuscripts have been lying in Dhaka University central library for decades with authorities apparently taking no steps to identify or decode the precious documents. Officials of the library said there were over 30,000 old texts written in languages including Ancient Bangla, Sanskrit, Persian, Urdu, Arabic and Maithili, most of them yet to be identified. |
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Business News
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Sunday, 13 July 2008 |
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AP, NEW YORK -- It's only July, but it might be time to start loading up on blankets and sweaters. Oil spiked to a new trading record as hostilities rise between the West and Iran -- raising the likelihood that this winter's heating bills will be the priciest yet. Crude oil's brief jump past $147 a barrel Friday arrived not only as the United States and Israel view Iran as a growing threat, but also as the U.S. dollar fell and worries erupted over possible supply |
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Country News
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Sunday, 13 July 2008 |
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Desk Report BNP secretary general Khandaker Delwar Hossain said Saturday that if anyone contested local government polls in violation of the decision of his party and the four-party alliance, the party would not take the blame, reports bdnews24.com. "Whether or not to abide by the decision is one's personal matter. The party and the alliance will take a decision against violators," said the Khaleda Zia-nominated secretary general in a news briefing in his NAM flat. |
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Metropolitan
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Sunday, 13 July 2008 |
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A speeding bus ran over and killed a police officer in front of the Institution of Engineers, Bangladesh on Saturday, police said, reports bdnews24.com ASM Rafiqul Islam was a sub-inspector of Kafrul Police Station. |
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Sports News
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Sunday, 13 July 2008 |
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Bdnews24.com The Bangladesh Football Federation (BFF) is almost set to strike a record sponsor deal with cellular phone company AKTEL in a week. "We are looking for a partner for football, and our demand is Tk five crore for the whole football programme, and we are hoping to tie up with a sponsor," said BFF senor vice president Salam Murshedi after emerging from the BFF executive committee meeting Saturday. |
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Sports News
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Sunday, 13 July 2008 |
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2nd B. League Sports Correspondent Chittagong Abahani Krira Chakra signed up two Nepalese footballers to play for them in the second B. League, said a Bangladesh Football Federation statement Saturday. Striker Santosh Shahukhal, who played for the same club in the inaugural B. League, and goalkeeper Kiran Kumar Limbu were signed up for seven months. |
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Country News
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Sunday, 13 July 2008 |
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Desk Report A mobile court fined Meena Bazaar and Nandan Department Store in Dhanmondi Tk 1.5 lakh on Saturday in an anti-adulteration operation. Magistrate Anwar Pasha led the operation in which RAB and BSTI officials took part. |
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