DhakaTribune
Wednesday November 22, 2017 04:56 PM



  • EU lawmakers want Google breaking-up

    While the legislature has no power in the matter, the call to the Commission is intended to increase pressure on new antitrust chief Margrethe Vestager to act quicklyEuropean Union lawmakers overwhelmingly backed a motion yesterday urging antitrust regulators to get tough on Google and other Internet search engines and consider breaking them up.

    The resolution in the European Parliament (EP), the strongest public signal of Europe’s concern with the growing power of US tech giants, was passed with 384 votes for versus 174 against.

  • Mosul residents: IS group cuts phones in Iraq city

    All residents spoke on condition of anonymity for fear of reprisalMilitants from the Islamic State group blocked all mobile phone networks in the largest Iraqi city they control, Mosul, accusing informants in the city of tipping off coalition forces to their whereabouts, residents told The Associated Press yesterday.

    Residents described a scene of “chaos” and “paralysis” in the city Thursday, a day after the militants announced their decision on their Mosul-based radio network.

  • Israel ‘foils Hamas cell planning Jerusalem attacks’

    Shin Bet said it had arrested more than 30 militants who were trained abroad, and recovered weapons and explosivesIsrael’s internal security service says it has uncovered a Hamas cell in the West Bank that was planning to carry out a series of attacks in Jerusalem.

    Shin Bet said it had arrested more than 30 militants who were trained abroad, and recovered weapons and explosives.

    They planned to kidnap Israelis and their targets for attack included a football stadium in Jerusalem and the city’s light rail system, it alleged.

    The arrests come at a time of rising Israeli-Palestinians tension.

  • Family says Ferguson decision ‘heartbreaking’

    His father, Michael Brown Sr, said on NBC he felt the officer’s version of events was ‘crazy.’Slain US teenager Michael Brown’s mother says it has been a “sleepless, very hard, heartbreaking and unbelievable’’ time for her since the grand jury’s decision not to indict Ferguson police officer Darren Wilson for killing her son.

    Lesley McSpadden said on Wednesday during an interview on NBC’s “Today” show that she felt that Wilson’s description of her son as looking demonic during their August 9 confrontation was disrespectful and “added insult to injury.”

  • Human trial of Ebola vaccine ‘promising’

    Results were published on Wednesday in the New England Journal of MedicineResearchers in the US say they are a step closer to developing an Ebola vaccine, with a Phase 1 trial showing promising results, but it will be months at the earliest before it can be used in the field.

    The news comes amid the worst ever outbreak of the hemorrhagic fever, which has killed nearly 5,700 people in West Africa, most of them in Guinea, Liberia and Sierra Leone.

    Pharmaceutical companies and health agencies are scrambling to fast-track experimental drugs and vaccines that could help fight the deadly disease.

  • Finally, 700 migrants reach Greece

    But stretched local authorities couldn’t offer them shelter indefinitelyMore than 700 people, most fleeing Syria, were disembarking Thursday on the Greek island of Crete after a harrowing journey on a smuggling ship that which broke down in gale-force winds while trying to reach Europe.

    The Baris cargo ship lost engine power Tuesday in international waters off Crete, and reached the coastal town of Ierapetra after being slowly towed for 40 hours by a Greek navy frigate.

  • US, British data show 2014 could be hottest year on record

    NOAA says 2014 is on track to be the warmest on recordThis year may eclipse 2010 as the hottest since records began in the 19th century, a sign long-term global warming is being stoked by rising greenhouse gas emissions, scientists said.

    The period of January to October 2014 is already among the warmest ever recorded, and a warm ending to the year could easily make it top, according to US and British data.

  • Indian police say girls found hanging killed themselves

    Initial inquiries suggested the cousins, aged 14 and 15, from a low-caste community, were raped before being hangedTwo Indian teenage girls found hanged in May took their own lives and were not raped or murdered, police investigators told media yesterday, fuelling further criticism of their handling of a case that sparked global outrage.

    Initial inquiries suggested the cousins, aged 14 and 15, from a low-caste community, were raped before being hanged from a mango tree in Badaun district in India’s most populous state, Uttar Pradesh

  • Suicide bomber kills five in attack on British embassy car in Kabul

    The British embassy confirmed there were injuries among those in the vehicle, but did not comment on the reported deathA suicide bomber attacked a British embassy vehicle in the Afghan capital yesterday, killing five people, including one Briton, the ministry of interior said.

    The blast in the east of Kabul wounded 33 people, including many bystanders, the latest in a wave of bombings to hit Kabul as the majority of foreign combat troops prepare to withdraw from the country by the end of the year.

    Taliban insurgents, who were ousted from power by a US-led coalition in 2001, claimed responsibility for the attack saying it “targeted foreign invading forces.”

  • Thai election pushed back to 2016

    Prime Minister Prayuth Chan-ocha, who led a military coup in May, had previously hinted at a delay to polls promised for late 2015A Thai general election planned for next year will be delayed until 2016, a deputy prime minister said yesterday, pushing back the promised return to democracy.

    Prime Minister Prayuth Chan-ocha, who led a military coup in May, had previously hinted at a delay to polls promised for late 2015.

    Deputy Prime Minister Prawit Wongsuwan, who is also defence minister, said elections will take place in 2016, citing groups opposed to the junta, or National Council for Peace and Order, as it is formally known, as one reason for the delay.

  • Hong Kong police arrest protesters, 7 officers

    None of the seven officers were identifiedHong Kong police arrested 11 more people in a second night of scuffles with demonstrators angry at having their 2-month-old pro-democracy protest camp in a volatile neighborhood shut down, officials said Thursday.

    Police also said they arrested seven of their own officers for assault in connection with the Oct. 15 beating of a handcuffed protester during a violent nighttime clash.

  • Bangladesh needs 10 more years beyond 2021 to become middle-income country

    Bangladesh needs 10 more years beyond 2021 to become middle-income country

    UNCTAD report frustrates vision as the country lags behind economic vulnerability and human assets indexBangladesh would have to wait 10 more years than expected to graduate from the league of least developed countries (LDCs), as the country still lags behind economic vulnerability and human assets index despite faring well in some socio-economic indicators.

    The latest developments indicated Bangladesh to fail exiting from LDCs club by 2021 as predicted earlier.

    The observation emerged with the release of the United Nations Conference on Trade and Development (UNCTAD)’s Least Developed Countries Report 2014 at the CIRDAP auditorium in Dhaka yesterday.

  • GP’s Mozilla sets get poor response

    Banglalink launched the sets on Wednesday with handset vendor Alcatel offering the price Tk3,299 eachWhile Grameenphone received a lacklustre response to its Mozilla smartphones, Banglalink has brought handsets with same operating system.

    Banglalink launched the sets on Wednesday with handset vendor Alcatel offering the price Tk3,299 each.

    But Grameenphone apparently failed in its marketing campaign of handsets equipped with Firefox OS, said the market insiders. According to them, it was due to the price (Tk4,650) which is higher compared to the services offered.

  • BGMEA election panels select leaders

    There are more than 3,000 votersTo contest BGMEA election due in March next year, two panels- Shammilito Parishad and Forum-  have selected their leaders.

    Shammilito Parishad nominated Siddiqur Rahman and Forum picked Mahmud Hasan Khan Babu as panel leaders to vie for the election of the association for next two years.

    In separate meetings recently, they selected two candidates to lead the panels in the upcoming biannual election of Bangladesh Garments Manufacturers and Exporters Association.

  • Taka weakens after remaining stable for 3 months

    Taka weakens after remaining stable for 3 months

    In an attempt to retain the dollar rate, Bangladesh Bank had bought more than US$5bn in last yearThe US dollar is slowly getting stronger against the local currency Taka due to the increasing trend in imports that took an upward trend in last few months.

    The exchange rate of dollar rose to an average of Tk77.68 as of yesterday from Tk77.40 in the beginning of this month. The rate, however, remained stable at Tk77.40 a dollar during the last three months period due to the sluggish import growth. 

    In an attempt to retain the dollar rate, Bangladesh Bank had bought more than US$5bn in last year.

  • DSE turnover falls below Tk300 crore

    Gainers beat losers, as out of 302 issues traded, 162 advanced, 105 declined and 35 remained unchangedStocks closed flat amid choppy trading yesterday with turnover falling below Tk300-crore after 18 weeks.

    The market moved between gains and losses through entire session, as investors remained cautious over the prolonged market volatility. The intra-day volatility was more than 37 points.   

    The benchmark DSEX gained 16 points or 0.4% to close at 4,772, after losses in the previous session. 

  • Online grocers come up trumps in India’s e-commerce boom

    Overall, e-commerce is rapidly growing in India, fuelled by an expanding middle class and better web accessPut off by snarled city traffic and a shortage of parking, more Indians are shopping for groceries online, helping e-tailers like Bigbasket.com and Localbanya.com turn in profits while supermarkets are struggling.

    The online grocers benefit from low overheads, as they store goods in warehouses outside big cities where commercial rents are sky-high. Some like Bigbasket.com can also charge more for certain items than traditional supermarkets, which means even more profits in a country where all food retailers enjoy margins as high as 20% on rice and other staples.

  • Unilever CEO Polman visits Bangladesh

    This is Paul Polman’s second visit to BangladeshPaul Polman, CEO of Unilever Plc visited Bangladesh from November 26th to 27th as part of his regular visit to key Unilever markets across the world.

    He was accompanied by Sanjiv Mehta, Executive Vice President-South Asia Cluster, Unilever. Kamran Bakr, Chairman and Managing Director of Unilever Bangladesh and the Management Committee of Unilever Bangladesh had detailed engagements with Polman on the business strategy and the growth opportunity for Unilever in Bangladesh. This is Paul Polman’s second visit to Bangladesh.

  • Yellen’s ‘optimal’ model calls for rate hike this year, in theory

    Yellen has cautioned that the economic models built for policymakers amount to mere guideposts in a complicated decision-making processFederal Reserve Chair Janet Yellen has said the tenor of economic data will decide when the US central bank raises interest rates. Surprisingly, a data analysis based on Yellen’s own priorities points to a rate increase by the end of this year.

    Yellen has cautioned that the economic models built for policymakers amount to mere guideposts in a complicated decision-making process.

  • OPEC heading for no output cut despite oil price plunge

    Brent crude LCOc1 was trading down 73 cents at $77.60 a barrel at 1919 GMTOPEC Gulf oil producers will not be proposing an output cut later yesterday, reducing the likelihood of joint action by OPEC to prop up prices that have sunk by a third since June.

    “The GCC reached a consensus,” Saudi Arabian Oil MinisterAli al-Naimi told reporters, referring to the Gulf Cooperation Council which includes Saudi Arabia, Kuwait, Qatar and the United Arab Emirates. “We are very confident that OPEC will have a unified position.”

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