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110 luxury vehicles to be auctioned for 5th time

The National Board of Revenue (NBR) has decided to auction 110 luxury vehicles under the Carnet de Passage system. These vehicles are currently unloaded at Chittagong port. Earlier, the vehicles could not be sold in spite of being auctioned on four occasions. The luxury cars now at the port yard are going to be re-auctioned on November 3 and 4. ...

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UK extends visas to overseas butchers amid labor shortage

Britain’s government said Thursday it will allow up to 800 more foreign butchers work in the UK on temporary visas, after farmers said a labor shortage in meat processing has caused them to cull thousands of healthy pigs. Earlier, the pork industry warned that up to 150,000 pigs could be destroyed because a lack of abattoir butchers led to a ...

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Facebook oversight board to meet whistleblower Frances Haugen

Facebook Inc’s oversight board, a body set up by the social network to give independent verdicts on a small number of thorny content decisions, said on Monday it would meet with former employee and whistleblower Frances Haugen in the coming weeks. Haugen revealed last week she was the person who provided documents used in a Wall Street Journal investigation and ...

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BFIU seeks E-Orange’s Bithi, Sohel Rana’s bank account details

The Bangladesh Financial Intelligence Unit (BFIU) of the central bank has sought the bank account details of five people, including Bithi Akter, owner of e-commerce company E-Orange, and her husband, suspended police inspector Sheikh Sohel Rana. In a letter forwarded to different banks and financial institutions on Sunday, the BFIU mentioned the detailed address of each of the persons as ...

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TCB to start selling onions at Tk 30

Trading Corporation of Bangladesh (TCB) will start selling each kilogram of onions at Tk 30 from Monday. In open market, each kilogram of onions is now being sold at Tk 90-100. TCB’s spoke person Humayun Kabir confirmed the news on Sunday. The onions, imported from Turkey, reached in Chattogram port. Those will be sold on trucks across the country from ...

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British industry warns of factory closures without help on fuel costs

Britain’s most energy intensive manufacturers, including producers of steel, glass, ceramics and paper, have warned the government that unless something is done about soaring wholesale gas prices they could be forced to shut down production. Wholesale gas prices have increased 400% this year in Europe, partly due to low stocks and strong demand from Asia, putting particular pressure on energy ...

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Nations agree to 15pc minimum corporate tax rat

Most of the world’s nations have signed up to a historic deal to ensure big companies pay a fairer share of tax, reports BBC. Some 136 countries agreed to enforce a corporate tax rate of at least 15%, as well a fairer system of taxing profits where they are earned. It follows concern that multinational companies are re-routing their profits ...

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Tata Group buys Air India for Rs 18,000c

Air India will head back to the Tata Group after decades of flying as the national carrier. Tata Sons will pay Rs 18,000 crore for the Maharaja, outbidding a consortium led by SpiceJet’s Ajay Singh who had bid Rs 15,100 crore. The transaction is expected to be close by end of December this year. The central government had started evaluating ...

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Export-import thru Akhaura to be suspended for Durga Puja

Export and import activities between Bangladesh and India through Akhaura Land Port will remain closed for five days. The operation to be closed for five days from October 12 to 16 on the occasion of Durga Puja, the largest religious festival of Hindu community. However, the passport holders people to visit through the land port during the time. The export-import ...

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