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Sports News
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Wednesday, 13 August 2008 |
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Contract rejected but talks continue Sky Sports Manchester City star Michael Johnson has rejected the new contract he has been offered, skysports.com understands. The England Under-21 star has three years left on his current deal but he is now a hugely important part of City's squad. |
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Editorial
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Wednesday, 13 August 2008 |
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Private-public partnership a must The Finance Advisor recently blamed political unrests, lack of farsightedness of politicians, lingering process of decision making, mismanagement and irregularities for poor infrastructural development resulting in impediment to progress. He also stressed private and public sector partner-ship for such development. |
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Business News
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Tuesday, 12 August 2008 |
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AP, CHICAGO -- Corporate America may have turned its back on traditional pensions but it appears to be embracing 401(k)s more than ever. While retirement savings remain largely up to employees, companies are spending more to strengthen their plans through features that boost savings such as automatic enrollment, advice and more investment options. Some also are increasing or initiating matching contributions. |
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Business News
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Tuesday, 12 August 2008 |
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AP WHAT'S NEW: In tough economic times, men are traditionally the first to cut back on buying clothes, but there's been a major shift. Over the past year, men -- enticed by a new slimmed-down silhouette -- have been on a buying spree, while women have pulled back even more. The lopsided fortunes is creating a rare sales disparity that hasn't been seen in years. |
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Business News
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Tuesday, 12 August 2008 |
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AP, WASHINGTON -- Federal regulators have formed a task force to investigate and prosecute fraud in the retail market for trading foreign currencies outside of commodity exchanges, a field they say is riddled with unscrupulous operators. The Commodity Futures Trading Commission, which regulates U.S. futures markets, said it was establishing the task force within its enforcement division to focus on fraud in the off-exchange retail foreign currency market, as well as to work with other federal and state regulators and criminal authorities. |
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Business News
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Tuesday, 12 August 2008 |
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AP, FORT WORTH, Texas -- From his office overlooking the runways of one of the nation's busiest airports, Dallas-Fort Worth International Airport Chief Executive Jeffrey Fegan sees the slowdown coming this fall. Airlines are cutting flights under the pressure of rising fuel costs, and that means fewer passengers and less money from parking and food concessions at DFW. For the first time in its 34-year history, the airport is freezing its budget and rethinking future expansion plans. |
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Country News
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Tuesday, 12 August 2008 |
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Observes Marina Mahathir Staff Correspondent Marina Mahathir, human-rights activist and daughter of Malaysia's former prime minister Mahathir Mohammad, said Monday that she was not tempted to follow in her father's footsteps and go into politics. "I do not think politics is the only way to do things for your country," she said in a press conference at the Daily Amader Shomoy offices. |
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Country News
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Tuesday, 12 August 2008 |
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Voter enrollment Staff Correspondent Detained former prime minister Khaleda Zia has refused to register as a voter from behind bars, a prisons official said Monday. Prison authorities along with election officials |
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Country News
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Tuesday, 12 August 2008 |
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Appeal against quota system Staff Correspondent The High Court on Monday moved to initiate contempt of court proceedings against five senior government officials including cabinet secretary Ali Imam Majumder. The court asked Majumder, establishment secretary Md Abdus Salam Khan, home secretary Abdul Karim, law secretary Kazi Habibul Awal and Public Service Commission secretary Md Abdus Sattar to explain by Aug 28 why they would not be charged with contempt of court. |
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Country News
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Tuesday, 12 August 2008 |
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GATCO Case Staff Correspondent The High Court granted former BNP minister Khandakar Mosharraf Hossain three months' interim bail on Monday in the Gatco graft case. A HC bench of Justice Sharif Uddin Chakladar and Justice Md Imdadul Haque Azad simultaneously halted the case proceedings against him for the period. |
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Country News
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Tuesday, 12 August 2008 |
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Staff Correspondent The armed forces will not be deployed at polling centres during the upazila polls, an election commissioner clarified Monday. M Sakhawat Hussain made the remarks following the Election Commission's recent statement on army deployment for the upcoming polls. |
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International News
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Tuesday, 12 August 2008 |
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Tskhinvali residents head north while volunteer fighters circulate rumours of atrocities in the war zone Refugees continued to pour out of South Ossetia yesterday, risking snipers, aerial bombardment and tanks to reach safety across the border, reports Reuters. In the centre of Vladikavkaz, the capital of the neighbouring Russian republic of North Ossetia, refugees crowded on to buses to be dispatched to hotels and sanatoria on the Black Sea coast. |
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Country News
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Tuesday, 12 August 2008 |
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Bdnews24.com The British High Commissioner in Dhaka, Stephen Evans, says he believes the state of emergency will gradually be lifted by the time the Jatiya Sangsad polls are due. The British envoy spoke to reporters Monday, emerging from a meeting with home adviser M A Matin at his secretariat office. |
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Country News
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Tuesday, 12 August 2008 |
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The government is set to form a medical board for BNP joint secretary general Tarique Rahman, currently undergoing treatment at the prison ward of Bangabandhu Sheikh Mujib Medical University Hospital, a government official said, reports bdnews24.com. "A medical board will be formed today. The director general of the health directorate will be directed to make necessary arrangements," health secretary AKM Jafar Ullah Khan told bdnews24.com. |
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Country News
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Tuesday, 12 August 2008 |
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Poll observers under emergency Staff Correspondent French ambassador to Bangladesh Charley Causeret has contradicted a recent statement by Euro MP Nirj Deva on whether the EU would send election observers to Bangladesh if polls were held under emergency. Nirj Deva, during his visit to Bangladesh last week, said that the European Union does not send observers to elections held under a state of emergency. |
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Business News
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Tuesday, 12 August 2008 |
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Mirza Azam gets bail Desk Report The High Court granted two months' interim bail to on Monday to Jubo League general secretary Mirza Azam. The court also suspended for four months the proceedings of the case filed against him by the Anticorruption Commission on charges of earning illegal wealth, and ordered the government and the ACC to show cause within four weeks as to why the proceedings of the case against him would not be quashed. |
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Business News
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Tuesday, 12 August 2008 |
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Bdnews24.com The Anticorruption Commission has discovered that Tk 15 crore was misappropriated in eight years at Bangladesh Telegraph and Telephone Board, now Bangladesh Telecommunications Company Ltd, an official said Monday. ACC director general (administration) colonel Hanif Iqbal said officials and employees of the offices of two directors, accounts officer and GPO misappropriated Tk 14.78 crore by 2000-2008 showing fake bills on conveyance. |
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Country News
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Tuesday, 12 August 2008 |
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Says Hafiz Staff Correspondent BNP reformist leader Hafizuddin Ahmed, echoing fellow reformist Abdul Mannan Bhuiyan, stated on Monday that the party made a mistake in not endorsing candidates for the Aug 4 city and municipal elections. "BNP has made a political error by not backing candidates in the local polls. It was not a right decision by the party," Hafizuddintold reporters at his Banani residence. |
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Business News
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Tuesday, 12 August 2008 |
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AP, NEW YORK -- Wall Street extended its advance Monday as the price of crude oil fell briefly below $113 a barrel, easing investors' concerns about the impact of inflation on the economy. Light, sweet crude fell $1.88 to $113.32 per barrel on the New York Mercantile Exchange after dipping as low as $112.83, oil's lowest level since early May. |
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Country News
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Tuesday, 12 August 2008 |
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Bdnews24.com The High Court on Monday quashed a case relating to a 2001 bomb blast in front of the Narayanganj Awami League office, in which 20 people died, asking police to reinvestigate. Justices Syed Mohammad Dastagir Hossain and Quamrul Islam Siddiqui made the ruling after hearing on a petition by Nasim Osman, brother of ex-AL MP Shamim Osman. |
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