Sri Lanka allows sharp rise in food prices to ease shortages
(AFP)-The Sri Lankan government on Friday ended price controls on essential foods in a bid to end black market tradingContinue Reading
Category: Business
Saudi wealth fund buys England’s Newcastle United soccer club after months of wrangling
KEY POINTS A major obstacle to the Saudi Public Investment Fund’s buyout of the English team was concern over theContinue Reading
Microsoft begins rollout of Free Windows 11 today but not everyone will be able to get it right away.
(CNN Business)- Microsoft is rolling out its first major Windows update in six years. But not everyone will be ableContinue Reading
Sri Lanka’s tea yields could plummet without chemical fertilizer -industry
COLOMBO, Oct 5 (Reuters) – Sri Lanka’s ambitious plan to aggressively promote organic farming by banning imports of chemical fertilizersContinue Reading
Facebook blames “faulty configuration change” for nearly six-hour outage
Oct 4 (Reuters) – Facebook Inc (FB.O) blamed a “faulty configuration change” for a nearly six-hour outage on Monday that prevented theContinue Reading
Sri Lanka’s Former minister Nirupama Rajapaksa Ruling family member and her husband named in Pandora papers
Nirupama Rajapaksa, a Former Sri Lankan Minister and her husband have been named in the Pandora Papers, the most expansiveContinue Reading
Sri Lanka Central Bank unveils six-month plan to stabilise economy
COLOMBO, Oct 1 (Reuters) – Sri Lanka’s central bank governor unveiled on Friday a six-month roadmap for putting the economyContinue Reading
U.S. Drug maker Merck says its new Covid pill reduces the risk of hospitalization, death by half for some patients
WASHINGTON (AP) — U.S. Drugmaker Merck said Friday that its experimental COVID-19 pill reduced hospitalizations and deaths by half inContinue Reading
India counters China in Sri Lanka with $700 million port deal
Colombo (AFP) An Indian company entered into a $700 million deal Thursday to build a strategic deep-sea container terminal inContinue Reading
China infrastructure drive traps poor nations with $385 bn ‘hidden debt’: study
(AFP)-China’s ambitious foreign infrastructure push has saddled poor nations with “hidden debt” worth $385 billion, and more than a thirdContinue Reading
