Bashundhara Group launched pitch bitumen plant for road carpeting in its business point at Pangaon area in the upazila on Saturday. Finance Minister AHM Mustafa Kamal inaugurated the plant as the chief guest. He said Bashundhara Group has produced pitch for road carpeting for the first time in the country. From now on, Bangladesh has no need to import pitch ...
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Eurozone economy picks up despite virus disruption
Business in the 19-country eurozone has picked up in February from a deep slump, particularly in Germany’s big industrial sector, despite disruption from the new coronavirus, a report showed Friday. A survey of business managers by financial firm IHS Markit showed that the economy expanded in February at its fastest rate in six months as services grew and trouble in ...
Read More »Asian stocks mixed after Wall Street rises to record
Shares were mixed Thursday in Asia after Wall Street recovered to record highs, but worries persist about damage to the regional economy from the new virus that began in China. Japan’s benchmark Nikkei 225 gained 0.3% to 23,474.78, shedding bigger early gains. Australia’s S&P/ASX 200 added 0.2% to 7,159.00 and the Shanghai Composite index picked up 0.5% to 2,989.31. But ...
Read More »Flying cellphone towers : Could drones bring internet coverage to remote areas?
Tech giants including Google and Facebook have spent years trying to figure out how to bring the internet to billions of people who still lack a reliable connection. Now, an American startup has come up with its own plan. Telelift is an attempt to create a “flying cellphone tower.” It uses drones the size of a dining table, which are attached ...
Read More »Debris found in new Boeing 737 Max fuel tanks
Boeing’s crisis-hit 737 Max jetliner faces a new potential safety issue as debris has been found in the fuel tanks of several new planes which in storage, awaiting delivery to airlines, reports BBC. The head of Boeing’s 737 programme has told employees that the discovery was “absolutely unacceptable”.A Boeing spokesman said the company did not see the issue further delaying ...
Read More »Apple warns China virus will cut iPhone production, sales
Photo : In a Feb. 14, 2020 file photo, employees wear face masks as they stand in a reopened Apple Store in Beijing. Apple Inc. is warning investors that it won’t meet its second-quarter financial guidance because the viral outbreak in China has cut production of iPhones. The Cupertino, California-based company said Monday, Feb. 17, 2020 that all of its ...
Read More »NASA missions could uncover secrets on Venus
In order to further explore our solar system, NASA has chosen four proposals for missions that would investigate Venus, Jupiter’s moon Io and Neptune’s moon Trident. If chosen, NASA would develop the missions. The four proposals highlight planets and moons that are not currently included in the agency’s ongoing projects. They’re part of the agency’s Discovery Program, which encourages scientists ...
Read More »3-day US trade show to begin on Feb 27
Three-day US Trade Show is going to begin on February 27 to showcase high quality and cutting-edge American products and services, reports BSS. Over 50 companies would participate in the trade show scheduled to take place in hotel Sonargaon to display different types of products and services, especially in energy, agro-mechanization, and food and beverage sectors, said a US Embassy ...
Read More »IBBL MD achieves `CEO of the Year’ award
Md Mahbub ul Alam, managing director and chief executive officer of Islami Bank Bangladesh Limited, has achieved ‘CEO of the Year 2019’. The award was conferred by UK-based financial intelligence house Cambridge International Financial Advisory.Dr. Sofiza Azmi, CEO of Cambridge IFA handed over the award to Md. Mahbub ul Alam at the 5th Islamic Retail Banking Awards program recently.
Read More »Huawei: US issues new charges of racketeering and theft
The US has expanded its lawsuit against Huawei, accusing the Chinese telecoms giant of a “decades-long” plan to steal technology from US firms, reports BBC. Prosecutors said Huawei had violated the terms of partnerships with US companies and stolen trade secrets such as source code and robot technology.It adds to a list of other charges brought by the US last ...
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