Confirmation of a Meeting Between Big Oil Producers in March may Reverse Declining Oil Prices
Oil prices have declined to 70% since mid-2014 due to excess of supply and low demand. Earlier this month Saudi Arabia…
Category: BUSINESS
Highly vulnerable Global Economy-IMF
China’s economy, the second-biggest in the world, is growing at the slowest rate in 25 years.It said China’s slowdown was…
Airbus Increase Production of New A350 Aircraft
Airbus has said it will increase production of its new A350 aircraft as it reveals a 15% increase in net…
IEA Expects Oil Price Recovery in 2017
In a report, the IEA said it expects prices to start recovering in 2017.The International Energy Agency (IEA) forecasts a…
Voice and Finger Print ID Collaboration to Customer by HSBC
Towards the introduction of bio metric banking, HSBC is launching voice recognition and touch security services in the UK in…
Increasing Economic Risks- US Federal Worried
Records released on Wednesday showed that members were worried that a global economic slowdown could hurt the US. Members of the…
Four Oil Producing Countries Agreed to Fix the Oil price
Hopes for such a move underpinned the oil price in recent days but oil fell back from earlier gains.The announcement…
HSBC Head Office to remain in London
Europe’s biggest bank,HSBC reviewed it’s position either to keep it’s Head Office in London or to move elsewhere,…
Japanese Shares Sink Among Global Economic Worries
Benchmark indexes in London, the US and Europe indicated sharp declines amid continued worries over the strength of the…
Increasing Oil Price is a Distant Dream
A recent rise in oil prices is a “false dawn” and the oversupply of crude is set to worsen, according…
Increase In Tourists Arrival in January 2016
Comparative Srilanka’s tourist arrivals rose 24.3 percent in January this year when compared with the same period last year, the…
Introduction of negative interest to Counter ongoing economic slump in Japan
In an unexpected move, the Bank of Japan has introduced negative interest rates to counter the ongoing economic slump. The…
Appointment of Deputy Governor of Central Bank of Srilanka
Mr. S. Lankathilake who counts more than 30 years’ experience in the CBSL in the areas of Economic and…
Apple opens centre to train app coders
Apple is opening a training centre in Naples that aims to teach a “new generation” of computer coders how to…
Engineers are Against Indo-Lanka Economic, Technology Agreement
The proposed Indo-Lanka economic and technology agreement being opposed by Engineers. The Institution of Engineers Sri Lanka (IESL) and the…