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
Sri Lanka organic revolution threatens tea disaster
(AFP) -Sri Lanka’s drive to become the world’s first 100 percent organic food producer threatens its prized tea industry andContinue Reading
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
Qantas posts $1.7 billion loss and tips travel by Christmas
CANBERRA, Australia (AP) — Qantas Group posted a 2.35 billion Australia dollar ($1.7 billion) pandemic-related annual loss on Thursday andContinue 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
Sri Lanka raises rates as rupee falls to record low of 216.55 to the dollar
(AFP)- Sri Lanka’s central bank raised interest rates for the first time in nearly three years Thursday as the rupeeContinue Reading
Google founder Larry Page gets New Zealand residency, raising questions
WELLINGTON, New Zealand (AP) — Google co-founder Larry Page has gained New Zealand residency, officials confirmed Friday, stoking debate overContinue Reading
Qatar’s Hamad International Airport named Best Airport in the World- Skytrax
Hamad International Airport (HIA) is recognised as the ‘Best Airport in the World 2021”, by Skytrax World Airport Awards 2021.Continue Reading
Qatar Airways grounds 13 Airbus A350s as fuselage degrading
Qatar Airways said Thursday it grounded 13 Airbus A350s over what it described as fuselages “degrading at an accelerated rate”Continue 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
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