latest world business news

No riot happened in the Bangladesh territory in the history of last 100 years. Bangladesh is the lone country of communal harmony among the South East Asian countries. It is totally a sporadic incident which happened at the Ukhia and Ramu in the Cox’s Bazar District of the country during September 29 to 30, 2012. Bangladeshi people are worried due to these incidents. It also anxious for them, as all issues are considered in the country as biased and politicized motive by the government in the country. It is also matter of worry for the country that Home Minister M.K. Alamgir raised his hand against the Main Opposition leaders who are also elected Peoples representatives by the locals for long time. He did not wait to blame oppositions who were made elected by the minor communities also. All the major local government elected representatives are from main opposition and for they will not burn their fellow supporters but it were done to sabotage the opposition stronghold in th

Nokia , the Finland based biggest phone maker company of the world, is offering discount prices for boost up of sale.    Struggling phone maker Nokia has knocked 10-15 percent off the prices of two of its top of the range smartphones, hoping to boost sales before newer models arrive in markets in November. Nokia has cut the price of the Lumia 800 by around 15 percent and the Lumia 900 by 10 percent in Europe , according to device pricing data compiled by British research firm CCS Insight. Nokia declined to comment. Earlier this month, Nokia launched Lumia 820 and 920, which many see as crucial for the Finnish company's survival. But the newest models will only go on sale in November, leaving the company's sales team struggling with older smartphone models for over a month. Nokia had already slashed the price of the Lumia 800 by around 15 percent earlier this month and made smaller cuts for its other Lumia models. Once the world's biggest mobile ph

Muhammad Yunus is the proud of Bangladesh. He is also personality of proud of South Asia and the whole of the world. He is mostly known as Dr. Yunus or Professor Yunus in Bangladesh, a South Asian country. Now, his name is echoed with Grameen Bank, a Bank built for poor, made for poor, maintained for poor and worked for poor by him & his initiative. Mr. Yunus born on 28th June in 1940. He was mainly a university professor in Bangladesh. Though, he is now mostly known as a Bangladeshi banker. He is also known as an economist and Nobel Peace Prize winner. He previously was a professor of economics at Chittagong University in Bangladesh where he developed the concepts of microcredit and microfinance. He has become mentor for Grameen (Rural) Development in Bangladesh as well as in the world. Microcredit and microfinance are the loans given to entrepreneurs too poor to qualify for traditional bank loans. In 2006, Yunus and Grameen received the Nobel Peace Prize "

Shahrukh Khan born on 2nd November 1965, often credited as Shah Rukh Khan and informally referred to as SRK, is one of the greatest Indian film actors. He was born to Muslim parents of Pathan descent in New Delhi, India.His father, Taj Mohammed Khan, was an Indian independence activist from Peshawar, British India. According to Khan, his paternal grandfather was originally from Afghanistan. His mother, Lateef Fatima, was the adopted daughter of Major General Shah Nawaz Khan of the Janjua Rajput clan, who served in the Indian National Army. Khan's father came to New Delhi from Qissa Khawani Bazaar in Peshawar before the partition of India.  Regarding his origins, he described himself on Twitter as "i am half hyderabadi (mom) half pathan (Dad) some kashmiri (grandmom)..." His father died from cancer when Khan was 15 years old, and his mother died in 1990 after prolonged illness. Khan was very attached to his parents as a child and describes their early deaths

The Forbidden City is one of Beijing’s finest attractions. Previously home to emperors and tyrants for some 500 years, and now the humble hangout of legions of tourists sheltering beneath phosphorescent orange hats.  It’s big enough, sprawling over 720,000 square meters, that you can find spots to enjoy on your own. The Forbidden City is great for wandering. It also hosts an extensive art collection under the charge of the Palace Museum. The collection of imperial artwork and artifacts like ceramics, paintings, calligraphy, spans the Ming and Qing dynasties. To avoid the crowds, visit on weekdays as early in the day as possible. For a remarkable view of the Forbidden City and surrounding cityscape, climb to the top of the hill in the middle of Jingshan Park, just a few blocks north. Both the Forbidden City and Tiananmen Square across the street can be managed in half a day.

Chinese Great Wall: The world’s greatest example of human will and ingenuity (and irrationality). Stretching from China’s east coast to the deserts of western China, the Great Well was built some 2,200 years ago to resist marauding tribes from the north. Most of the wall that one can see today was erected in the Ming Dynasty about 600 years ago.What to expect: Pick one section and expect to spend at least a day exploring it. Badaling and Mutianyu, both restored sections, are stunning to look at, but can be overwhelmed with crowds. Instead, the Wall at the non-restored (or “wild”) sections, such as Huanghua or Jiankou, remains the way the sentries left it. Visitors may well have entire sections to themselves.A driver for the day to most sections near Beijing costs about RMB 650 (US$100). Insider tips: For a unique experience, consider camping on the wall. Several outfits organize overnight stays, where travelers can either sleep in a watchtower or in tents at the edge

One week past the conventions, a flood of polls have been released in crucial battleground states in the race for the White House. And some of them paint a picture that looks more favorable to President Barack Obama than to Republican nominee Mitt Romney. The polls do have some things in common. They're all of the smaller pool of likely voters and all were conducted after the close of last week's Democratic National Convention in Charlotte, North Carolina. And several suggest that Romney's electoral path to victory on November 6 is becoming more difficult. The Romney campaign's pollster tells CNN his view of the race has not changed. "There's nothing in the post-DNC polling that's been released over the last few days to indicate that this is anything but an extremely tight race that Mitt is extremely well-positioned to win," says Neil Newhouse. New polls released Thursday by NBC News/Wall Street Journal/Marist show Obama with five-point,

Salman Khan, full name Abdul Rashid Salim Salman Khan born on 27th December 1965, is an Indian film actor. He has starred in more than 80 Hindi films. Khan, who made his acting debut with a minor role in the drama Biwi Ho To Aisi (1988), but achieved instant stardom with his first commercial success with the blockbuster Maine Pyar Kiya (1989), for which he won a Filmfare Award for Best Male Debut.  He went onto star in some of the most successful Hindi films of those times, such as Saajan (1991), Hum Aapke Hain Koun..! (1994), Karan Arjun (1995), Judwaa (1997), Pyar Kiya To Darna Kya (1998), Biwi No.1 (1999) and Hum Saath Saath Hain (1999), having appeared in the highest grossing film eight separate years during his career, a record that remains unbroken. In 1999, Khan won a Filmfare Award for Best Supporting Actor for his extended appearance in Kuch Kuch Hota Hai (1998), and since then has starred in several critical and commercial successes, including Hum Dil De Chuke San

 Nakoula Basseley Nakoula held by US securitymen

Los Angeles County sheriff's deputies escorted Nakoula Basseley Nakoula, 55, to an awaiting car. The man declined to answer questions on his way out and wore a hat and a towel over his face. He kept his hands in the pocket of a winter coat, reports Los Angeles Times.  Sheriff's officials could not be reached by The Times, but department spokesman Steve Whitmore told NBC4 that deputies assisting the federal probation department took Nakoula to the sheriff's substation in Cerritos for interviewing. Authorities waited until most media had left for the day.  Reuters talked to Karen Redmond, spokeswoman for the administrative office of the US Courts in Washington, DC, by phone from Los Angeles. "The US probation office in the central district of California is reviewing the case," said Redmond.  A source with knowledge of the case confirmed that the probation office was looking specifically into Nakoula's possible involvement in making the film for

Film Industry plays an important role in Indian Economy. The Indian film industry is the largest in the world, with more than 1,000 films produced every year in more than 20 languages.  The Indian film industry is projected to grow from US$3.2 billion in 2010 to US$5 billion by 2014 at a CAGR of 14.1%. Growth is expected to come from the expansion of multiplexes in smaller cities, investments by foreign studios in domestic and regional productions, the growing popularity of niche movies and the emergence of digital and ancillary revenue streams. With 3.3 billion tickets sold annually, India also has the highest number of theater admissions. The Indian film market derives almost 90% of its revenue from non-English language movies, largely dominated by Hindi films, followed by South Indian films and other regional films. Latest key indicators of Indian Economy: Indian GDP Amount: (US$b) 1,540 GDP growth (% change from 2009): 8.3% GDP per capita : (US$) 3,400 Urbanization:

How many people sacrificed their lives in 2011 for democracy in Egypt! It is a big question over the world that how many were killed. Everyone knows one name “Tahrir Square”. It can be named as World Democracy Square where hundreds of democracy loving people sacrificed their lives to get free from dictatorship in the year 2011. Different sources said that though comparatively less number of people who embraced martyr in the fight for democracy but it touched at least 846 and 6,000 people were also injured. Democracy may be the only solution for salvation of a nation. The flows of bloods over the high ways of Tahrir Square reminisce the picture of fight for democracy over the world. It envisages that people can put their lives for free of thinking and free of speech. They gathered there defying military bullet for security of democracy. It will be a lesson for all democracy loving people over the world for hundreds of years. It was January 17, 2011. An young man set ablaze

Democratic state and society is precondition for total development of a country. Democracy is the thumb for sustainable development. Democracy is the motto for humanism and balanced society. Any decision would be taken showing honor to the opinion of maximum people of any society or state or organization which is called democracy.    Democracy only can ensure peace, progress, justice and achievement. It can also ensure right for all strata of human being. So it is necessary to ensure that the peoples verdict, support, opinion and expectation is presented correctly and impartially. What peoples are expecting through their opinion should be depicted correctly. There should not be any way or process that peoples support and verdict is showed after changes fully or partially. This is a great challenge for the developing and under developed countries to ensure that peoples verdict is representing any decision. Misled democracy: In most of the cases during formation of g

Researchers are claiming a new world record for data transfers over long distances. Data was moved back and forth at a combined rate of 186 Gbps (gigabits per second), fast enough to transfer two million gigabytes of data or 100,000 full Blu-ray discs in one day. It could pave the way for networks with standard speeds of 100 Gbps. That would speed up the sharing of scientific research, such as that at the Large Hadron Collider.  The tests involved sending data between the University of Victoria in Victoria, British Columbia, and the Washington State Convention Centre in Seattle. The team achieved two-way data rates of 186 Gbps, breaking their previous record of 119 Gbps set in 2009. The data's fastest speed in a single direction was 98 Gbps. By contrast current fibre optic networks have a top speed of about 1 Gbps. The distances spanned nearly 131 miles (212km) and relied on the latest optical equipment, highly tuned servers and ran over a 100Gbps circuit, set u

Online payment service Paypal plans to enter the discount coupon market. The eBay-owned business said it planned to launch the service in the US before April 2012.  Paypal's president, Scott Thompson, told the Bloomberg news agency that his firm would use its knowledge of its 103 million members' past purchases to tailor offers. The move poses a challenge to the sector's two biggest player, Groupon and Livingsocial.  Daily deal businesses offer their members the chance to buy goods or services - from spa treatments and sushi to cheap flights and theatre tickets - at a steep discount.  Buyers are usually limited to using the coupons within a restricted time span. The daily dealer business then splits the revenue with the organisation providing the goods. Companies may make a loss on the specific offer, but profit if customers return for repeat business. Discount deluge According to the daily deal data aggregator Yipit four of the biggest players sold cl

Signs of the attacks are still visible today in collapsed buildings and bullet holes in walls in Fallujah, a Iraqi city exploded against US invasion  in Iraq firstly. Two major offensives Fallujah, home to about a half a million people 60km west of Baghdad, was home to some of the first anti-US protests in the aftermath of the 2003 invasion, in May of that year. When the protests began, residents were content to throw only their shoes at US soldiers, an Arab gesture that signifies anger and disrespect.  But in March 2004, four US employees of a US private security firm, Blackwater, since renamed Xe and later Academi, were killed in the city, leading to two major offensives by US troops against Fallujah. Widespread fighting in Fallujah against the occupation begun in 2003, after a controversial event known as the "pupil's" uprising.  The US military had turned a primary school into their city headquarters in April 2003. When 200 demonstrators gathere

Peoples of Iraq are happy with the upcoming departure of US and NATO army from their beloved country.     Hundreds of people in the Iraqi city of Fallujah have taken to the streets to celebrate the impending withdrawal of US troops from the country.  Demonstrators rallied across the city on Wednesday, shouting slogans in support of the "resistance", a reference to the campaign by Iraqi fighters in the city that was a bastion of opposition against the US-led invasion. Some protesters burned US and Israeli flags while others held up banners and placards inscribed with phrases such as "Now we are free" and "Fallujah is the flame of the resistance". In the centre of the city surrounded by the Iraqi army, protesters carried posters bearing photos of apparent fighters, faces covered and carrying weapons. They also held up pictures of US soldiers killed and military vehicles destroyed in the two major offensives against the city in 2004. Th

US President Barack Obama has declared that American troops will leave Iraq this month "with honour and with their heads held high", while at the same time warning the country's neighbours not to interfere in its progress. In a press conference with Nouri al-Maliki, Iraq's prime minister, at the White House on Monday, Obama said: "This is a historic moment. A war is ending." The president also said that the US would leave behind a sovereign and self-reliant Iraq, and that the removal of troops after nearly nine years would begin a new chapter in the relationship between the two countries - warning neighbouring nations not to interfere. "Our strong presence in the Middle East endures," Obama said. "And the United States will never waver in the defence of our allies, our partners and our interests."  "That is the concern, that at the end of the day the Iraqi officials have much closer ties to the Iranians." Obama

Canada will formally withdraw its stand from the Kyoto Protocol on climate change, the country's minister of the environment Peter Kent has said, making it the first nation to pull out of the global treaty.  The protocol "does not represent a way forward for Canada" and would have forced it to take "radical and irresponsible choices", Mr. Kent said in Toronto on Monday. He added that it was a mistake for Canada to have signed up for Kyoto: "As we have said, Kyoto for Canada is in the past ... We are invoking our legal right to formally withdraw from Kyoto." "The Kyoto protocol does not cover the world's two largest emitters, China and the US, and therefore cannot work," he said. China, which argues that it should be exempt from emissions reduction targets because it is a developing nation, said Canada's decision was "regrettable" and went against international efforts to tackle climate change. "We

The World Bank is a vital source of financial and technical assistance to developing countries around the world. Its mission is to fight poverty with passion and professionalism for lasting results and to help people help themselves and their environment by providing resources, sharing knowledge, building capacity and forging partnerships in the public and private sectors. WB is not a bank in the common sense; it is made up of two unique development institutions owned by 187 member countries: the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA).  Each institution plays a different but collaborative role in advancing the vision of inclusive and sustainable globalization. The IBRD aims to reduce poverty in middle-income and creditworthy poorer countries, while IDA focuses on the world's poorest countries. Their work is complemented by that of the International Finance Corporation (IFC), Multilateral Invest