Prime Minister Theresa May's top team of ministers are increasingly convinced of the need for a transition period as Britain leaves the European Union, finance minister Philip Hammond said on Sunday. Brexit minister David Davis and his negotiating team are due in Brussels today (Monday) for a first full round of Brexit talks. "Five weeks [...]

The government has ordered the madrasas to drop the words 'cadet' and 'international' from their names, reports bdnews24.com.
The education ministry has asked such unapproved institutions to get permission for conducting educational activities from the authorities within three months.
The ministry's Technical and Madrasah Education Division issued the order on 'illegal business of cadet madrasas' on Sunday [...]

The Asian Clearing Union (ACU) took the Japanese yen (JPY) in its basket as the third trading currency to boost business activities among its member-countries.
According to officials in Dhaka, the accession of the third currency came following a decision taken at a board meeting held in Colombo on July 13 with Indrajith Coomaraswamy, Governor of [...]

The government has moved to motivate the country's banking sector to invest in the power sector aiming to meet the growing demand for electricity, officials said.
In this connection, a high-powered inter-ministerial committee will be formed to scrutinise the Bank Company Act, 1991 and other related rules and regulations and identify policy barriers to investment by [...]

Nearly 300,000 people are now marooned as the flood situation in Moulvibazar's haor region has deteriorated with new areas going under water following heavy rains and onrush of water from the upstream Indian state of Assam, reports bdnews24.com.
The district's Deputy Commissioner Tofayel Islam told the news agency that the situation had worsened since Saturday afternoon [...]

Iranian authorities have detained President Hassan Rouhani’s brother, the judiciary spokesman said on Sunday, in a corruption case that the president’s supporters say is politically motivated.
State television quoted spokesman Gholamhossein Mohseni Ejei as saying Hossein Fereydoun, who is also a close adviser to Rouhani, was summoned for questioning on Saturday in a case in which [...]

Anglo-Dutch conglomerate Unilever (ULVR.L)(UNc.AS) is vying with US canned meat producer Hormel Foods Corp (HRL.N) to buy the foods division of British consumer goods maker Reckitt Benckiser, the Sunday Times newspaper reported, citing sources. 
Unilever and Hormel are front-runners in a deal that is likely to top 2.2 billion pounds ($2.9 billion), the unidentified sources told [...]

Investors may have overbuilt US housing stocks as data has yet to match up with the homebuilder sector's biggest rally in five years.
The S&P 1500 Homebuilding index .SPCOMHOME of homebuilder companies has surged 32 per cent this year and hit a decade-high earlier this week. By contrast, the wider S&P Composite 1500 Index .SPCOMP has [...]

Thirty-eight more children suffering from unknown illness in the remote Tripura Para village of Chittagong’s Sitakunda have been hospitalised in the last three days.
The children are out of danger, said Chittagong district’s Civil Surgeon Azizur Rahman Siddiqui.
Nine children, all between two and 10 years, from the hilly village of Sonaichhari in Baraulia died in a [...]

Muslim organisations and civil society groups across Maharashtra state in western India are demanding a strict law to counter mob lynching and attacks on minority groups on the line of legislation to prevent atrocities against the Dalits or former "untouchables", reports bdnews24.com.
Demanding an act like the Scheduled Caste and Scheduled Tribe Prevention [Atrocities Act], the [...]