Hasina attends WEF Davos 2017 opening ceremony

This year's meet centres around the slogan of "Responsive and Responsible Leadership." Hasina is the first elected leader of Bangladesh to have been invited to the event. WEF founder and Executive Director Karl Schwab invited her to attend the annual event, also dubbed as an 'annual discussion of the rich'. Foreign Minister AH Mahmood Ali believes the invitation has enhanced the image of Bangladesh on the global arena. State Minister for ICT Zunaid Ahmed Palak is accompanying the prime minister on the tour.

January 17, 2017 20:35 UTC

Facebook's virtual-reality tech was not stolen, Zuckerberg testifies

The publisher said that Oculus unlawfully gained access to ZeniMax's intellectual property while developing the virtual-reality system that includes the Rift headset. "Oculus products are based on Oculus technology," he said. Under questioning from ZeniMax lawyer Tony Sammi, the 32-year-old billionaire addressed how Facebook's investment in virtual reality came together. Zuckerberg said the Oculus deal was done over a weekend in 2014, which Sammi said in court does not show due diligence. "It's pretty common when you announce a big deal that people just come out of the woodwork and claim they own some part of the deal," Zuckerberg said.

January 17, 2017 20:26 UTC

Porn studio owner to be tried on charges of running brothel

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January 17, 2017 19:46 UTC

Bangladesh takes up $1 billion project to reach internet to remote parts

The 'Establishing Digital Connectivity' project will be co-funded by the Chinese aid and partly by the government. He expects work on the project to commence this year and complete in the next three years. A state-of-the-art multimedia lab will be established at the Department of Mass Communication and Journalism at Dhaka University, he added. The project also envisages establishing a nationwide emergency number (999) and 12 IT parks. Once the ECNEC clears the project, work will begin to provide low-cost internet connectivity to rural Bangladesh.

January 17, 2017 19:38 UTC

Two arrested for Wymore burglary

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January 17, 2017 19:37 UTC

The Latest: Young Americans worried about media under Trump

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January 17, 2017 19:14 UTC

AL-Juba League clash over water body leaves 3 dead, 22 injured

Three people were shot dead and 22 others injured in a clash between ruling Awami League and its youth front Juba League in Dirai upazila of Sunamganj over taking possession of a local water body on Tuesday. Our Sunamganj correspondent said the deceased are Tajul Islam, 33, son of Chan Ullah of Hatia village; Shaharul Islam, 28, son of Isahaq Mia of Akilpur village; and Uzzal Mia, 30. Ekram Hossain recently took on lease the water body nearby Jalia river from the government and set up a fish enclosure there. The clash ensued at around 1:00pm when his men went there to take control of the water body from the control of Mosharraf Miah’s men. The injured were taken to Sylhet MAG Osmani Medical College Hospital.

January 17, 2017 19:02 UTC

Iran's Rouhani says talk about renegotiating nuclear deal 'meaningless'

Trump, who will take office on Friday, has called the July 2015 agreement "the worst deal ever negotiated". "The president elect has shown he is not happy about the nuclear deal, calling it the worst deal ever signed. This is only empty talk," Rouhani told a news conference on the anniversary of the removal of sanctions. Rouhani said he was hopeful about the future of the nuclear deal, which has been buttressed by a UN Security Council resolution, calling talk about renegotiation "meaningless." Rex Tillerson, Trump's nominee for US Secretary of State, said last week that he would recommend a "full review" of the nuclear deal but did not call for an outright rejection.

January 17, 2017 18:55 UTC

As Bangladesh stock market soars, experts advise caution to investors

As brokerage houses are suddenly getting a lot of visits, experts have cautioned that investors should not get carried away by the boom. Former chairman of Bangladesh Securities and Exchange Commission (SEC) Farooq Ahmed Siddiqui told bdnews24.com, "It is not wise for those who do not understand the stock market to invest in it." Former Dhaka Stock Market President Rakibur Rahman advised prospective investors to remember the prime minister's words - understand carefully and then put their money in. In 2010, investors were in for a rude shock following the market bust preceded by a boom, much like 1996. Under fire from retail investors for quite sometime, Finance Minister AMA Muhith is upbeat about the market surge.

January 17, 2017 18:40 UTC

Arrested Istanbul nightclub suspect confesses to massacre'

The man identified as Abdulkadir Masharipov, confessed to entering the upmarket Reina nightclub and shooting party goers on January 1, killing 39 and injuring 70, Hürriyet newspaper reported. The attacker was born in Uzbekistan in 1983, Governor Vasip Sahin said, adding that he was trained as a militant in Afghanistan. Masharipov was apprehended in Istanbul and one Iraqi-origin man and three women of Egyptian and African origin were also detained in the operation, the Governor said. A total of $197,000 in cash, two guns and two drones were seized during the operation, the daily reported. The Islamic State group had claimed responsibility for the nightclub massacre, saying the attack was in reprisal for Turkish military operations in northern Syria.

January 17, 2017 18:25 UTC

Air strike in Nigeria 'kills dozens'

Dozens of people were killed on Tuesday when an air force jet accidentally bombarded a camp in northeast Nigeria for those made homeless by Boko Haram Islamists. A local resident, Abba Abiso, told AFP by telephone: “This morning a military jet mistakenly bombarded Rann, instead of (nearby) Kala. “In recent weeks Boko Haram has moved base to Kala from Sambisa Forest and obviously a military jet mistook Rann for Kala and bombarded, killing many civilians. In March 2014 a military jet killed five civilians and wounded several others when it mistakenly bombarded Kayamla village in Konduga district of Borno. The jet mistook the village for a Boko Haram camp during a night raid.

January 17, 2017 18:16 UTC

US, EU make final plea for free trade deal

With the anti-globalization wave impacting major elections, including that of US President-elect Donal Trump, the United States and European Union made a final pleaon Tuesday to conclude a trans-Atlantic free trade deal. Just three days away from Trump’s inauguration, and on the same day British Prime Minister Theresa May unveiled her Brexit blueprint, Washington and Brussels issued a joint report to sell the benefits of the massive trade pact that just needs the political will to conclude. The rationale for the Transatlantic Trade and Investment Partnership (TTIP) “is even stronger today than it was when we started these negotiations,” US Trade Representative Michael Froman said in a statement. However, the report acknowledged the parties have “significant work to do to resolve our differences in several important areas of the negotiations.”EU Trade Commissioner Cecilia Malmstrom said “The EU has left no stone unturned in trying to achieve a balanced, ambitious and high-standard TTIP agreement with clear benefits for citizens, local communities and companies. We have made considerable, tangible progress.”Froman said despite the work that remains to be done, “there is a lot of value on the table in TTIP, and there is every reason to finish this work.”

January 17, 2017 18:16 UTC

Shihab ‘killed by younger brother’, police say parents knew

Sifatul Islam has confessed to killing his 27-year-old brother, according to Additional Deputy Commissioner Wahidul Islam of Mohammadpur division. Shihab, a third-year business student at the Independent University of Bangladesh, was found in his room with his throat slit on Saturday noon. Shihab, the oldest of three siblings, was at home when his parents and others from the family went to their village home at Madaripur, Abu Bakkar, son of the victim’s maternal cousin, told bdnews24.com. Shihabur Rahman Shihab“Shihab was killed by his younger brother early on Tuesday. “So he took it upon himself to murder his brother by slitting his throat.

January 17, 2017 18:11 UTC

3 Sirajganj boiler blast victims die at DMCH

Three workers who sustained burn injuries in a boiler explosion at Shialkole village in Sirajganj on 11 January died at the burn unit of Dhaka Medical College Hospital on Tuesday, reports UNB. The deceased were identified as Saber Ali, 50, his wife Jahanara Khatun, 45, and Sakera Bewa, 48, wife of late Sayeed, residents of Shialkole village. Sources at the DMCH said Jahanara succumbed to her injuries at 11:00am while Sober Ali at 3:15pm and Saker died at 3:35 pm. On 11 January, five workers, including Jahanara, Saber and Saker, were injured as a boiler of a husking mill of one Shamim Talukder went off with a big bang. The injured were taken to Sirajganj Sadar Hospital from where they were shifted to the DMCH for better treatment.

January 17, 2017 17:53 UTC

Xi rebukes globalisation’s foes

And he said there is “no point in blaming economic globalisation for the world’s problems”, highlighting China’s view that catastrophically weak regulation rather than free trade lay behind the West’s 2008 financial crisis. For his part, like Xi, departing Secretary of State John Kerry defended the possibilities of globalisation while taking implicit swipes at Trump. “It’s really dangerous to play to the lowest common denominator of American, of global political life,” he said. A World Economic Forum study said that within advanced economies, median per capita income fell on average 2.4 percent over the past five years, helping to explain why disaffection is so high across the West. “This needs a massive injection of political will and adrenaline,” he told one of hundreds of panel discussions taking place this week in Davos.

January 17, 2017 17:35 UTC

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