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Textile stocks fail to bring cheer

More than 40 percent listed textile mills' profits declined in the second half of 2018 thanks to the slide in prices of garment items and stockpiling of yarn for invasion of cheaper alternatives from India and China.

MTB

US, China sketch outlines of deal to end trade war

The United States and China have started to outline commitments in principle on the stickiest issues in their trade dispute, marking the most significant progress yet toward ending a seven-month trade war, according to sources familiar with the negotiations.

Japan govt leaves economy view unchanged as data weakens on China

Japan's government kept its assessment of the economy unchanged in February, but a series of weak data on corporate sentiment, capital expenditure and exports shows the US-China trade war is hurting the outlook for the world's third-largest economy.

Singer launches free AC cleaning service campaign

Singer Bangladesh is set to launch a campaign to offer free cleaning service for all existing Singer-branded air conditioners. Customers need to visit their nearest Singer Mega or Singer Plus shop and register on February 21-28 to avail the service, the company said in a statement yesterday.

Google fails to disclose microphone in Nest Secure

Alphabet Inc's Google said on Wednesday it had made an “error” in not disclosing that its Nest Secure home security system had a built-in microphone in its devices.

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