Fitch downgrades #SriLanka on rising default risk
LONDON (Reuters) – Fitch downgraded Sri Lanka’s sovereign credit rating to “CCC” on Friday, warning the country’s debt levels wereContinue Reading
Category: Business
Dow Jones crests 30,000 points on vaccine hopes, Biden transition
The Dow Jones Industrial Average traded above 30,000 points for the first time Tuesday as investors were encouraged by theContinue Reading
Boeing’s 737 Max gets approval to fly passengers again
The Federal Aviation Administration Wednesday gave approval for the Boeing 737 Max to carry passengers again, ending the jet’s 20-monthContinue Reading
Under pressure Qatar to prosecute accused of ordering strip search on women passengers
Qatar confirmed it is prosecuting a number of people involved in the invasive physical examination of women passengers at Hamad InternationalContinue Reading
Tiffany board approves sale to LVMH at lower price
Tiffany’s board has agreed to a slightly lower price to greenlight the sale of the US jeweller to LVMH, accordingContinue Reading
#SriLanka’s bonds hammered as #U.S. dubs #China “predator”
LONDON, Oct 28 (Reuters) – Sri Lanka’s government bonds fell heavily on Wednesday as the United States ratcheted up pressureContinue Reading
Samsung chairman Lee Kun-hee dies at 78
Samsung Electronics has announced the death of its chairman, Lee Kun-hee. The company says he died on October 25th withContinue Reading
SriLanka’s bonds slump after US calls for “difficult” choices over China ties
• Bonds tumble as U.S. warns govt to make tough choices over China •China hits back accusing Washington of bullyingContinue Reading
Kuwait and Qatar’s supermarkets boycotts French products
Al Meera Consumer Goods Company, Qatar’s state supermarket has announced the withdrawal of all French products from all its branchesContinue Reading
Sri Lankan Airlines ranked sixth in The Best International Airlines: 2020 Readers’ Choice Awards
SriLankan Airlines has been voted among Best International Airlines in the popular and influential CondeNast Traveller 2020 Readers’ Choice Awards. Continue Reading
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