IMF delays Sri Lanka’s loan discussion on political crisis
The International Monetary Fund (IMF) said on Tuesday it had delayed discussions on Sri Lanka’s next loan tranche due toContinue Reading
Category: Business
Carlos Ghosn’s arrest and likely dismissal from #Nissan sends shockwaves in auto industry
Nissan chairman Carlos Ghosn faces being fired this week after being arrested in Japan over allegations of financial misconduct, theContinue Reading
Bond Buyers Scorched as #SriLanka’s Promise Turns to Crisis #lka
Nation faces major setback as bonds, rupee continue to fall Timing of political crisis ‘very poor’: PineBridge Investment Bloomberg: WhenContinue Reading
Markets Update: Stocks Sink in Turbulent Trading, Treasuries Gain
S&P 500 and Dow plunge, Nasdaq 100 sinks as tech rally stalls Safe haven gold soars the most since 2016,Continue Reading
More pain predicted for Sri Lanka Rupee as records tumble
The value of the Rupee against the US Dollar fell to a new low of Rs. 171 for the firstContinue Reading
Oil rises toward four-year high as Iran sanctions loom
LONDON (Reuters) – Oil traded above $85 a barrel and near a four-year high on Wednesday, supported by expectations thatContinue Reading
Instagram hit by outage in several cities
(Reuters) – Facebook Inc’s (FB.O) photo-sharing social network Instagram was not working on Wednesday for users across several cities, includingContinue Reading
Elon Musk forced to step down as chairman of Tesla, remains CEO
Elon Musk has reached a settlement with the Securities and Exchange Commission on the charges filed earlier this week overContinue Reading
Alibaba’s Jack Ma, China’s Richest Man, to retire from company he Co-Founded
HONG KONG — Alibaba’s co-founder and executive chairman, Jack Ma, said he planned to step down from the Chinese e-commerceContinue Reading
Tesla stock falls as CEO appears to smoke marijuana on video
DETROIT (AP) — Shares of electric car maker Tesla Inc. tumbled about 7 percent as the markets opened Friday afterContinue Reading
