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Business
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Find long-term solution to power crisis
Energy experts urge govt
Speakers at a seminar yesterday suggested organising a national dialogue with all political parties and energy experts participating in it to find out a concrete long-term solution to the country's power
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Starbucks targeted over high-fat products
Starbucks Corp may be next on the target list of a consumer-health group that this week sued the operator of the KFC fried chicken restaurant chain for frying foods in oils high in harmful trans fat.
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China hikes reserve ratio to cool economy
China's central bank on Friday ordered major commercial banks to set aside more money as reserves in an effort to slow lending growth and to cool its break-neck economic growth.
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Ford to upgrade three Mexican plants
Ford Motor Co. said on Friday it will revamp three factories in Mexico over the next several years as part of its North American restructuring plan.
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Correction
The news item on Agrani Bank and IDLC, published yesterday on page 8 of The Daily Star, inadvertently stated Syed Abu Naser Bukhtear Ahmed as the managing director and CEO of IDLC of Bangladesh Ltd.
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Big banks could feel World Cup pinch
Leading South Korean banks are looking at the World Cup in Germany with unusually close interest, knowing that the better the national team performs, the worse their bottom lines could turn out to be.
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Japanese minister warns economy still shaky
Heizo Takenaka, the minister leading a privatization drive under Prime Minister Junichiro Koizumi, said Friday that Japan's economy was still shaky despite its heralded recovery.
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Canadian economy set to remain strong: IMF
Canada's economic outlook is "broadly favorable," with growth likely to remain around the country's potential and inflation subdued, the International Monetary Fund said Friday.
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Philips to buy US medical tech firm
Dutch electronics giant Philips said it agreed to buy US firm Intermagnetics, which makes components and accessories for Magnetic Resonance Imaging (MRI) systems, for one billion euros (1.
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India's biggest distiller to buy French winemaker
India's biggest distiller, United Breweries Group, said Friday it will acquire winemaker Bouvet-Ladubay, a subsidiary of French champagne group Taittinger that it sought to buy earlier, for 15 million
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ROK game makers eye global expansion
South Korea, home to the world's most sophisticated online games, is preparing an assault on North America, Japan and Europe, setting the stage for an international scrum in an industry poised to nearly
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