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British editor backs out of top Washington Post job

British journalist Robert Winnett will no longer join the Washington Post as editor and instead remain at the Daily Telegraph in London, after controversy at the US newspaper over his appointment. Telegraph editor Chris Evans told staff the news in an email seen by the BBC, writing that Winnett, the Telegraph’s deputy editor, is “a talented chap and their loss ...

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China car firms seek 25% tax on EU – state media

Chinese car companies have called on Beijing to hit European Union rivals with import taxes of up to 25% if the trading bloc imposes tariffs on vehicles from China, the country’s state media has reported. The demand was reportedly made at a closed-door meeting organised by China’s Ministry of Commerce, which was also attended by representatives of European car firms. ...

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EU to warn France, Italy and more over unruly budgets

The European Union is expected on Wednesday to rebuke nearly 10 governments, including France and Italy, over their excessive spending after new budget rules entered into force this year. It comes at a particularly difficult moment for France, where both the far left and far right are piling up spending promises ahead of snap polls triggered by President Emmanuel Macron’s ...

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AI frenzy makes Nvidia the world’s most valuable company

Chip-maker Nvidia became the world’s most valuable company after its share price climbed to an all-time high on Tuesday. It is now worth $3.34tn (£2.63tn), with the price having nearly doubled since the start of this year. The stock ended the trading day at nearly $136, up 3.5%, making it more valuable than fellow tech giant Microsoft. It overtook Apple ...

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Trade through Benapole land port resumes

The export and import between India and Bangladesh through Benapole land port resumed on Wednesday morning after a five-day holiday for Eid-ul-Azha. The trade with India through this port remained suspended from June 14 to 18. Cinfirming the matter, Benapole C&F Staff Association general secretary Sajedur Rahman said export and import activities through the port resumed around 9am. Benapole Check ...

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Building a $2bn online game by breaking the rules

Ask anyone to name a successful online multiplayer game and you’re likely to get a handful of names in response. Fortnite, Call of Duty, League of Legends, Roblox, Helldivers II. But there’s another title, celebrating its 10th anniversary this year, that’s been a relatively quiet success. The Elder Scrolls Online (ESO), a spin-off of the hugely popular fantasy RPG series ...

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Over Tk 4.80cr toll collected on Padma Bridge

Over Tk 4.80 crore toll was collected from 44,033 vehicles on the Padma Bridge on Friday, the weekend holiday just before public holiday of the Eid-ul-Azha. Senior Secretary of Bridges Division of the Ministry of Road Transport and Bridges Md Monjur Hossain said while inspecting Padma Bridge’s Mawa end of Louhajang upazila on Sunday. The homebound people are going to ...

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Five cops suspended for extortion on cattle-laden trucks

Five Narayanganj District Police personnel have been suspended on charge of realizing extortion from cattle-laden vehicles. AIG Inamul Huq Sagar of the Police Headquarters said it on Saturday (June 15). After broadcasting a news on a private television channel about realizing extortion by police personnel from sacrificial animals ladedn vehicles on Thursday (June 13), Narayanganj District Police Super Golam Mostofa ...

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‘Bangladesh ranks 2nd position in fish production’

Fisheries and Livestock Minister and Awami League presidium member Abdur Rahman on Thursday said surpassing China Bangladesh has attained the second position in fresh water fish production in the world. The minister came up with the information according a report of the Food and Agriculture Organization (FAO) of the United Nations titled “The State of World Fisheries and Aquaculture 2024” ...

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Tesla’s Musk wins shareholder approval for $56b pay package

Tesla shareholders approved CEO Elon Musk’s $56 billion pay package, the electric vehicle-maker said on Thursday, a big thumbs-up to his leadership and an incentive to keep his focus on his biggest source of wealth. The approval underscores the support that Musk enjoys from Tesla’s retail investor base, many of whom are vocal fans of the mercurial billionaire. The proposal ...

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