Google Signs $1.1bn HTC Smartphone Deal
Alphabet’s Google has struck a $1.1bn (£822m) deal with Taiwan’s HTC to expand its smartphone business. Google will not take…
Category: BUSINESS
The Change in the Election System Reduces Expenses
State Minister Eran Wickramaratne said, under the new election system half the members of provincial councils will be elected on…
US Duty Free Concession not Fully Utilized by SL Exporters
Deputy Minister of Nations policies and economic affairs, Harsha De Silva while addressing a forum on the US GSP programme…
Toyota President Says Will Continue To Make Variety Of Vehicle Types
Toyota Motor Corp (7203.T) President Akio Toyoda on Tuesday said his company would continue to make a variety of vehicle…
U.S. Oil Prices Hit $50 On Rising Refinery Demand, Falling Rig Count
U.S. crude oil prices rose above $50 per barrel on Monday and were near last week’s multi-month highs as the…
Current CB Governor Coomarasamy Brings back Transparency to IMF Dealings
With the induction of Central Bank Governor Coomarasamy, the Central Bank brought back transparency to relations with the International Money…
Srilanka Liberalized Foreign Exchange Law from October 15th
Srilanka enacted progressively draconian foreign exchange controls after a money printing central bank was set up in 1951, abolishing a…
Apple iPhone X Adopts Facial Recognition and OLED Screen
Apple has revealed a high-end smartphone with an “edge-to-edge” screen that has no physical home button. The iPhone X –…
Oil Rises as U.S. Refineries Restart, Irma Wanes
Oil prices rose on Monday as key U.S. refineries began restarts following Hurricane Harvey, which may help revive crude oil…
U.S. Oil Prices Set For Worst Month in Over A Year As Floods Hit Demand
U.S. crude oil prices are on track to post the steepest monthly losses in more than a year on Thursday…
Book Fair at BMICH
Ceylon Publishers Association organise a book fair for the 19th time at BMICH on 15th September 2017. This book fair…
Oil Markets Roiled As Hurricane Harvey Hits U.S. Petroleum Industry
Oil markets were roiled on Monday after Hurricane Harvey wreaked havoc along the U.S. Gulf coast over the weekend, crippling…
Ford Announces £2,000 Scrappage Scheme for Pre-2010 Cars
Ford is the latest car company to launch an incentive for UK consumers to trade in cars over seven years…
Asian Shares Ride Metals Gains, Stronger Wall Street
Asian shares rose on Tuesday after modest gains on Wall Street, while robust metals prices underpinned some regional markets even…
Oil Ends Sharply Higher, With U.S. Prices Down a Third Week In A Row
Oil prices shifted higher Friday, jumping about 3% in a surprise rally for the session on the back of unconfirmed…