Elon Musk tweets ‘I’m buying Manchester United’
Aug 16 (Reuters) – Elon Musk, the world’s richest person, on Tuesday tweeted that he was buying English soccer clubContinue Reading
Category: Business Briefing
Chinese navy ship docks in Sri Lanka, stokes worry in India
HAMBANTOTA, Sri Lanka (AP) — A Chinese navy vessel arrived at a Beijing-built port in southern Sri Lanka on Tuesday,Continue Reading
Saudi oil giant Aramco profit surges 90% to $48.4 Billion in second quarter amid energy price boom
KEY POINTS Saudi oil giant Aramco reported a stunning 90% surge in second quarter net income and record half yearContinue Reading
S&P pushes Sri Lankan bonds deeper into junk territory with ‘default’ rating
(Reuters) – Global ratings agency S&P Global on Monday slashed its rating on Sri Lankan bonds to ‘D’, representing default,Continue Reading
Sri Lanka considering restructure of local and sovereign debt – president
COLOMBO (Reuters) – Sri Lanka is considering a restructure of local and sovereign debt, President Ranil Wickremesinghe said on Friday,Continue Reading
Sri Lanka leader proposes 25-year plan for crisis-hit nation
COLOMBO, Sri Lanka (AP) — Sri Lanka’s new president said Wednesday that his government is preparing a national policy roadmapContinue Reading
Sri Lankans bide time as leaders seek fix for economic woes
COLOMBO, Sri Lanka(AP)- Sri Lankans who have endured months of fuel and food shortages are bracing for more pain as a newly installedContinue Reading
Sri Lanka President says IMF agreement pushed back after unrest
COLOMBO, Sri Lanka (AP) — Sri Lanka’s president said Saturday that an agreement with the International Monetary Fund to helpContinue Reading
World Bank has no new financing plans for crisis-hit Sri Lanka
(Reuters) -The World Bank does not plan to offer new financing to Sri Lanka, which is battling its worst economicContinue Reading
USAID chief calls on China to restructure Sri Lanka’s debt
NEW DELHI (AP)- The head of the U.S. government aid agency called on China on Wednesday to help Sri Lanka and other nationsContinue Reading
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