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    Europe’s financial lifeline from London in doubt

    Reuters . Frankfurt | Updated at 11:05pm on March 24, 2017

    For companies in the European Union, London is the chief gateway to finance. Rerouting the financial lines that run through London will be complex, experts say...

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    Britain to fire starting gun on Brexit talks

    Reuters . Dublin | Updated at 11:04pm on March 24, 2017

    The nine-month Brexit ‘phoney war’ is set to come to an end next week when British Prime Minister Theresa May notifies the European Union of Britain’s intention to leave, starting two years of unprecedented negotiations...

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    Saudi exports to US to fall by 3 lakh barrels per day in March

    Reuters . Dubai | Updated at 11:02pm on March 24, 2017

    Saudi Arabia’s crude exports to the United States in March will fall by around 3,00,000 barrels per day from February, in line with OPEC’s agreement to reduce supply, a Saudi energy ministry official said on Thursday. The United States imported about 1.3 million bpd from OPEC’s top exporter in February, according to US Energy Information Administration data...

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    Capital market refinance scheme likely to be redesigned

    HM Murtuza | Updated at 11:01pm on March 24, 2017

    The supervision committee on the Tk 900-crore stock market refinance scheme is likely to take fresh initiative to redesign the scheme as no loan from the scheme has been disbursed in almost one year due to lack of investors’ interest...

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    Banks reluctant to open street children accounts

    Staff Correspondent | Updated at 11:00pm on March 24, 2017

    The country’s scheduled banks are still reluctant to extend their services to street children and child workers as they (banks) opened only 3,725 accounts for them (children) as on December 31, 2016...

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    Prices of rice increase

    Staff Correspondent | Updated at 10:58pm on March 24, 2017

    The prices of rice increased in the city’s retail markets over the week ending Friday. Retailers blamed wholesalers for the rise in the prices of the staple food. The prices of both the coarse and fine varieties of rice increased by Tk 1-2 a kilogram over the week...

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    Investigation into BB fire incident begins

    United News of Bangladesh | Updated at 02:06pm on March 24, 2017

    The 3-member committee formed by the Bangladesh Bank to investigate the fire incident on its 13th floor started working on Friday...

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    Stocks fall on profit booking

    Staff Correspondent | Updated at 10:29pm on March 23, 2017

    Dhaka stocks declined on Thursday, the last trading session of the week, as investors went for selling shares especially those of banks to book profit after the recent surge in the prices of the financial scrips...

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    BB allows foreign firms to issue commercial paper

    Staff Correspondent | Updated at 10:29pm on March 23, 2017

    Bangladesh Bank on Thursday said foreign-owned companies operating in Bangladesh would be allowed to collect short-term fund from banks, corporate groups and non-bank financial institutions by issuing commercial paper...

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    FBCCI election process can continue: SC

    United News of Bangladesh . Dhaka | Updated at 10:28pm on March 23, 2017

    The Supreme Court on Thursday issued a rule saying that the process of holding election to the Federation of Bangladesh Chambers of Commerce and Industry can continue until the next hearing...