Walton announces 5-yr warranty, launches 'AC exchange offer'
Walton has announced a five-year warranty for some PCB (Printed Circuit Board) models of its locally manufactured air conditioners (ACs). Additionally, customers are enjoying a 10-year guarantee on the compressors of Walton Inverter ACs, while Walton non-inverter ACs come with a 5-year compressor guarantee, including a one-year replacement warranty. These...
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US-China trade war spurs record-breaking rally in gold
Gold prices climbed 1 per cent on Wednesday, continuing their record rally as investors sought the safe-haven asset due to concerns about the escalating US-China trade war and its impact on economic growth, reports Reuters.Spot gold was up 0.9 per cent at $2,868.48 per ounce by 1221 GMT, after hitting...
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Oil prices drop amid concern about tariff war
Oil prices dropped over 1 per cent on Wednesday as rising US stockpiles and concern about a new Sino-US trade war fuelled fears of weaker economic growth, offseting US President Donald Trump's renewed push to eliminate Iranian crude exports, reports Reuters.Brent crude futures were down 92 cents, or 1.21 per...
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Uttara Finance chair re-elected
Uttara Finance and Investments Limited, a leading non-banking financial institution, has announced the re-election of Maj Gen Mohammad Maksudur Rahman as its chairman, with effect from January 19, says a statement.Maj Gen Maksudur Rahman will lead the company into its next phase of growth and innovation. With an extensive background...
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