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Business
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Export of Shrimp, Frozen Foods
Nitrofuran detector to be commissioned next month
Frozen food exporters have long last imported a nitrofuran detecting machine, which is expected to be in operation next month and solve the problem regarding presence of the antibiotic in export consignments,
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India seeks UN intervention for reforms in IMF
Within weeks of losing its campaign to block greater powers to China in the International Monetary Fund, India on Wednesday demanded UN intervention for quota reforms in the multilateral funding agency
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Citibank NA gets top ratings from Moody's
Moody's Investors Service, the leading provider of independent credit ratings, has upgraded the ratings of Citibank NA to Aaa for long-term deposits and to A for financial strength (both ratings are at
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US Q2 GDP growth slows
A cooling housing market helped slow US economic growth more steeply than expected in the second quarter, the government reported on Thursday, while corporate profits grew feebly.
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Cotton Subsidy
WTO to rule whether US is out of line
The World Trade Organisation decided on Thursday to examine whether the United States had fallen into line with an earlier order to remove its contested subsidies for cotton producers.
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Oil steadies near $63
Oil steadied near $63 a barrel on Thursday, holding onto the previous day's gains supported by investment fund buying and speculation that Opec could trim output to bolster prices.
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BB, banks to remain closed Monday
Bangladesh Bank (BB) and all scheduled banks will remain closed Monday on the occasion of Durga Puja (Bijaya Dashami), said a BB release.
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