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    Aziz becomes chair, Khaled vice-chair of City Bank

    Business Desk | Updated at 01:51am on October 18, 2018

    The board of directors of City Bank on Wednesday elected Aziz Al Kaiser as the bank’s chairman and Hossain Khaled as the vice chairman, said a press release....

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    Don’t mention the oil price: US legal threat prompts change at OPEC

    Reuters . London/Dubai | Updated at 01:49am on October 18, 2018

    OPEC has urged its members not to mention oil prices when discussing policy in a break from the past, as the oil producing group seeks to avoid the risk of US legal action for manipulating the market, sources close to OPEC said....

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    World stock recovery loses steam as European auto sector takes beating

    Reuters . London | Updated at 01:45am on October 18, 2018

    A recovery by global stocks proved short-lived as warnings over a slowing European auto sector soured an upbeat mood, while Wall Street was set for a slightly lower open after enjoying its best session in eight months the previous day....

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    Trump administration says to open trade talks with EU, UK, Japan

    Reuters . Washington | Updated at 01:43am on October 18, 2018

    The US Trade Representative’s office told Congress on Tuesday it intends to open trade talks with the European Union, the United Kingdom and Japan...

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    Tesla secures Shanghai site for $2b China Gigafactory

    Reuters . Beijing | Updated at 01:42am on October 18, 2018

    Tesla Inc has signed an agreement with the Shanghai government for an 860,000 square meter plot of land to build its first overseas Gigafactory, the electric carmaker said in a Chinese social media post on Wednesday....

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    NDP expels its chairman

    Staff Correspondent | Updated at 12:01am on October 17, 2018

    National Democratic Party has expelled its chairman Khandker Golam Mortoza...

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    German prosecutors fine Audi 800m euros for diesel violations

    Reuters . Frankfurt | Updated at 12:00am on October 17, 2018

    German premium car brand Audi, a division of Volkswagen, said it was fined 800 million euros ($927 million) on Tuesday for violations tied to heavily polluting six- and eight-cylinder diesel engines....

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    Bankruptcy judge approves financing to keep Sears open

    Reuters | Updated at 12:00am on October 17, 2018

    A bankruptcy judge on Monday approved $300 million in financing to keep department store chain Sears Holdings Corp open through the holiday season, giving the century-old retailer that once dominated US shopping malls a chance to remain in business....

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    Stocks post marginal gain after plunge

    Staff Correspondent | Updated at 12:00am on October 17, 2018

    Dhaka stocks on Tuesday gained marginally after a sharp fall in the previous session as a section of investors went for bargain hunting share buying from power sector....

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    5-day nat’l furniture fair begins in city

    Business Desk | Updated at 12:00am on October 17, 2018

    The five-day National Furniture Fair 2018 with the slogan began at International Convention Centre Bashundhara (ICCB) in Dhaka on Tuesday....

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