Sri Lanka raids sugar stocks as food shortages bite
Colombo (AFP) Sri Lankan government officials on Wednesday raided private warehouses to seize thousands of tonnes of sugar, a dayContinue Reading
Category: Business Briefing
S&P cuts Sri Lanka CCC+ sovereign rating outlook to negative on default worries
LONDON, Aug 27 (Reuters) – S&P Global cut Sri Lanka’s CCC+ sovereign rating outlook to negative from stable on Friday, warning theContinue Reading
The Taliban are sitting on $1 trillion worth of minerals the world desperately needs
London (CNN Business)The swift fall of Afghanistan to Taliban fighters has triggered a humanitarian crisis, with thousands trying to flee the country. It’s also brought renewed focusContinue Reading
British national of Sri Lankan decent, Daisy Veerasingham named President and CEO of The Associated Press
Veerasingham, AP’s executive vice president and chief operating officer, succeeds retiring AP President and CEO Gary Pruitt to become theContinue Reading
Sri Lanka OKs panel to run huge Chinese luxury development
COLOMBO, Sri Lanka (AP) — Sri Lanka’s Parliament on Thursday passed a law installing a powerful economic commission to administerContinue Reading
Qatar Airways looks to make ‘substantial’ layoffs as coronavirus grounds industry
(ASSOCIATED PRESS) Long-haul carrier Qatar Airways said Wednesday that it will lay off staff as the coronavirus pandemic largely hasContinue Reading
Warren Buffett’s company Berkshire Hathaway sells US airline shares
Billionaire investor Warren Buffett says his company Berkshire Hathaway has sold all of its shares in the four largest USContinue Reading
Swiss Aviation Consulting (SAC) shows interest in Air India
(Reuters) – Aviation advisory firm Swiss Aviation Consulting (SAC) has shown interest in bidding for India’s debt burdened state-run carrierContinue Reading
