Category: BUSINESS

Confirmation of a Meeting Between Big Oil Producers in March may Reverse Declining Oil Prices

Confirmation of a Meeting Between Big Oil Producers in March may Reverse Declining Oil Prices

Feb 26, 2016

Oil prices have declined to 70% since mid-2014 due to excess of supply and low demand. Earlier this month Saudi Arabia ... Read More

Highly vulnerable Global Economy-IMF

Highly vulnerable Global Economy-IMF

Feb 25, 2016

China's economy, the second-biggest in the world, is growing at the slowest rate in 25 years.It said China's slowdown was ... Read More

Airbus Increase Production of  New A350 Aircraft

Airbus Increase Production of New A350 Aircraft

Feb 24, 2016

Airbus has said it will increase production of its new A350 aircraft as it reveals a 15% increase in net ... Read More

IEA Expects Oil Price Recovery in 2017

IEA Expects Oil Price Recovery in 2017

Feb 23, 2016

In a report, the IEA said it expects prices to start recovering in 2017.The International Energy Agency (IEA)  forecasts a ... Read More

Voice and Finger Print ID Collaboration to Customer  by HSBC

Voice and Finger Print ID Collaboration to Customer by HSBC

Feb 19, 2016

Towards the introduction of bio metric banking, HSBC is launching voice recognition and touch security services in the UK in ... Read More

Increasing Economic Risks- US Federal Worried

Increasing Economic Risks- US Federal Worried

Feb 18, 2016

Records released on Wednesday showed that members were worried that a global economic slowdown could hurt the US. Members of the ... Read More

Four Oil Producing Countries  Agreed  to Fix the Oil price

Four Oil Producing Countries Agreed to Fix the Oil price

Feb 16, 2016

Hopes for such a move underpinned the oil price in recent days but oil fell back from earlier gains.The announcement ... Read More

HSBC Head Office to remain in London

HSBC Head Office to remain in London

Feb 15, 2016

Europe's biggest bank,HSBC   reviewed it's position either to keep it's Head Office in London or to   move elsewhere, ... Read More

Japanese Shares Sink Among  Global Economic Worries

Japanese Shares Sink Among Global Economic Worries

Feb 12, 2016

Benchmark indexes in London, the US and Europe indicated   sharp declines amid continued worries over the strength of the ... Read More

Increasing Oil Price is a Distant Dream

Increasing Oil Price is a Distant Dream

Feb 10, 2016

A recent rise in oil prices is a "false dawn" and the oversupply of crude is set to worsen, according ... Read More

Increase In Tourists Arrival in January 2016

Increase In Tourists Arrival in January 2016

Feb 9, 2016

Comparative Srilanka's tourist arrivals rose 24.3 percent in January this year when compared with  the same period last year, the ... Read More

Introduction of negative interest to Counter ongoing economic slump in Japan

Introduction of negative interest to Counter ongoing economic slump in Japan

Jan 29, 2016

In an unexpected  move, the Bank of Japan has introduced negative interest rates to counter the ongoing economic slump. The ... Read More

Appointment of Deputy Governor of Central Bank of Srilanka

Appointment of Deputy Governor of Central Bank of Srilanka

Jan 28, 2016

  Mr. S. Lankathilake who counts more than 30 years’ experience in the CBSL in the areas of Economic and ... Read More

Apple opens centre to train app coders

Apple opens centre to train app coders

Jan 22, 2016

Apple is opening a training centre in Naples that aims to teach a “new generation” of computer coders how to ... Read More

Engineers are Against Indo-Lanka Economic, Technology Agreement

Engineers are Against Indo-Lanka Economic, Technology Agreement

Jan 20, 2016

The proposed Indo-Lanka economic and technology agreement being opposed by Engineers. The Institution of Engineers Sri Lanka (IESL) and the ... Read More