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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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    BTRC rejects telecom surveillance unit’s plea for NTTN licence

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

    Bangladesh Telecommunication Regulatory Commission has turned down a request of National Telecommunication Monitoring Centre (NTMC), the telecom surveillance unit of the government, to get nationwide telecommunication transmission network licence....

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    Loss-making BJMC gets Tk 10cr more from block allocation

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

    Finance Division has disbursed Tk 10 crore to the state-owned jute mills corporation to clear arrears of workers of the jute and textiles mills in Jessore and Khulna....

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    No survey by NBR’s tax survey arm in 16 years

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

    Central Tax Survey Zone of the National Board of Revenue has remained inactive for the last 16 years due to its lack of authority in conducting survey and in issuing taxpayers’ identification numbers....

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    Rising oil price turns up heat on vulnerable emerging economies

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

    A rise in oil prices to four-year highs is heaping pressure on big emerging-market crude consumers such as Turkey, India, Indonesia and South Africa that are already grappling with current account deficits, weak currencies and rising inflation....

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