Category: BUSINESS

Google Signs $1.1bn HTC Smartphone Deal

Google Signs $1.1bn HTC Smartphone Deal

Sep 21, 2017

Alphabet's Google has struck a $1.1bn (£822m) deal with Taiwan's HTC to expand its smartphone business. Google will not take ... Read More

The Change in the Election System Reduces Expenses

The Change in the Election System Reduces Expenses

Sep 21, 2017

State Minister Eran Wickramaratne said, under the new election system half the members of provincial councils will be elected on ... Read More

US Duty Free Concession not Fully Utilized by SL Exporters

US Duty Free Concession not Fully Utilized by SL Exporters

Sep 20, 2017

Deputy Minister of Nations policies and economic affairs, Harsha De Silva while addressing a forum on the US GSP programme ... Read More

Toyota President Says Will Continue To Make Variety Of Vehicle Types

Toyota President Says Will Continue To Make Variety Of Vehicle Types

Sep 19, 2017

Toyota Motor Corp (7203.T) President Akio Toyoda on Tuesday said his company would continue to make a variety of vehicle ... Read More

U.S. Oil Prices Hit $50 On Rising Refinery Demand, Falling Rig Count

U.S. Oil Prices Hit $50 On Rising Refinery Demand, Falling Rig Count

Sep 18, 2017

U.S. crude oil prices rose above $50 per barrel on Monday and were near last week’s multi-month highs as the ... Read More

Current CB Governor Coomarasamy Brings back Transparency to IMF Dealings

Current CB Governor Coomarasamy Brings back Transparency to IMF Dealings

Sep 15, 2017

With the induction of Central Bank Governor Coomarasamy, the Central Bank brought back transparency to relations with the International Money ... Read More

Srilanka Liberalized Foreign Exchange Law from October 15th

Srilanka Liberalized Foreign Exchange Law from October 15th

Sep 15, 2017

Srilanka enacted progressively draconian foreign exchange controls   after a money printing central bank was set up in 1951, abolishing a ... Read More

Apple iPhone X Adopts Facial Recognition and OLED Screen

Apple iPhone X Adopts Facial Recognition and OLED Screen

Sep 13, 2017

Apple has revealed a high-end smartphone with an "edge-to-edge" screen that has no physical home button. The iPhone X - ... Read More

Oil Rises as U.S. Refineries Restart, Irma Wanes

Oil Rises as U.S. Refineries Restart, Irma Wanes

Sep 12, 2017

 Oil prices rose on Monday as key U.S. refineries began restarts following Hurricane Harvey, which may help revive crude oil ... Read More

U.S. Oil Prices Set For Worst Month in Over A Year As Floods Hit Demand

U.S. Oil Prices Set For Worst Month in Over A Year As Floods Hit Demand

Aug 31, 2017

 U.S. crude oil prices are on track to post the steepest monthly losses in more than a year on Thursday ... Read More

Book Fair at BMICH

Book Fair at BMICH

Aug 29, 2017

Ceylon Publishers Association organise a book fair for the 19th time at BMICH on 15th September 2017. This book fair ... Read More

Oil Markets Roiled As Hurricane Harvey Hits U.S. Petroleum Industry

Oil Markets Roiled As Hurricane Harvey Hits U.S. Petroleum Industry

Aug 28, 2017

 Oil markets were roiled on Monday after Hurricane Harvey wreaked havoc along the U.S. Gulf coast over the weekend, crippling ... Read More

Ford Announces £2,000 Scrappage Scheme for Pre-2010 Cars

Ford Announces £2,000 Scrappage Scheme for Pre-2010 Cars

Aug 22, 2017

Ford is the latest car company to launch an incentive for UK consumers to trade in cars over seven years ... Read More

Asian Shares Ride Metals Gains, Stronger Wall Street

Asian Shares Ride Metals Gains, Stronger Wall Street

Aug 22, 2017

 Asian shares rose on Tuesday after modest gains on Wall Street, while robust metals prices underpinned some regional markets even ... Read More

Oil Ends Sharply Higher, With U.S. Prices Down a Third Week In A Row

Oil Ends Sharply Higher, With U.S. Prices Down a Third Week In A Row

Aug 19, 2017

Oil prices shifted higher Friday, jumping about 3% in a surprise rally for the session on the back of unconfirmed ... Read More