4h ago| Economy

Highest bids range from Tk 2.5 lakh to Tk 50 lakh

Custom House Chattogram has auctioned off 78 luxury cars whose brands included that of BMW, Land Rover, Mitsubishi, Mercedes and Lexus and which attracted individual bids of a maximum of Tk 2.5 lakh to Tk 50.5 lakh. 

13h ago| Global Economy

Euro zone likely to endure recession

The drop in euro zone business activity deepened last month, a survey showed, probably extinguishing any hope the currency union would avoid recession just as elevated inflation puts pressure on the European Central Bank to act.

13h ago| Global Economy

German exports rebound

German exports rebounded in August thanks to strong demand from the United States, official data showed Wednesday, but analysts warned that the outlook for Europe’s top economy remained gloomy.

13h ago| Global Economy

Opec+ agrees deep cuts to oil production

Opec+ agreed its deepest cuts to oil production since the 2020 Covid pandemic at a Vienna meeting on Wednesday, curbing supply in an already tight market despite pressure from the United States and others to pump more.