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Minister Kiriella scolds a Buddhist monk in foul 2019-04-03 09:34:51A group of residents engaged in a protest by blocking Gampola Navalapitiya road from Mariyawatta today. The protesters demanded the immediate repair o

Attorney General’s Department is vigilant on Madush’s Appeal 2019-04-03 09:33:33The Attorney General’s Department has drawn its attention to an appeal made by organized criminal gang leader Makandure Madush to the Supreme Co

President says he would take a decision on 2019-04-03 09:32:58President Maithripala Sirisena said that he would take a decision on the Public Utility Commission unless the Cabinet solves the issue soon. Meanwhile

A fire broke out in Pettah 2019-04-03 09:05:23A fire broke out at a shop in 3rd cross street,Pettah; Fire brigade sends 4 fire engines to douse the fire. Read More

Buttler guides Rajasthan to first victory in IPL 2019-04-03 07:09:51Jos Buttler scored a fine half-century to script Rajasthan Royals first victory in the IPL 2019 yesterday. Buttlers 43-ball knock helped the hosts sea

Water cannon and tear gas fired at Sabaragamuwa 2019-04-03 06:04:53Police fired water cannon and tear gas to disperse the protest march staged by the students of Sabaragamuwa Campus on Parliament entry road this after

Dimuth fined USD 7000 by SLC 2019-04-03 05:31:39Sri Lankas Test captain Dimuth Karunaratne has been fined USD 7000, by Sri Lanka Cricket, following his drink driving episode, which was a violation o

Court told that Admiral Ravindra Wijegunerathna harboured a 2019-04-03 03:44:25The CID informed Courts today there is sufficient evidence to prove that Chief of Defence Staff Admiral Ravindra Wijegunarathna aided and abetted to h

An accomplice of deported Siddiq assaults a journalist 2019-04-03 03:43:53Mohamed Siddiq Mohamed Siyam ,One of two suspects who were deported from Dubai, and taken into police custody on their arrival back to sri lanka yeste

The filming of a foreign documentary near the 2019-04-03 03:42:51A foreign film crew was forced to call off shooting a documentary by Kandy Lake in front of the Temple of the Sacred Tooth yesterday due to a public p

President inaugurates “Bak Maha Divuruma” 2019-04-03 01:05:36The national pledge to eradicate the drug menace, “Bak Maha Divuruma”, has been inaugurated by President Maithripala Sirisena. The event c

Ceylon Electricity Board engineer’s salary increase is illegal 2019-04-02 23:06:09Court of appeal judge justice Mahinda Samaya-wardena concluded yesterday that the circular issued in 2015, increasing only the salaries of engineers o

Lanka Business Online

Fitch rates Commercial Bank of Ceylon Basel III 2019-04-02 05:29:01Apr 02, 2019 (LBO) – Fitch Ratings has assigned Commercial Bank of Ceylon’s proposed Basel III-compliant subordinated unsecured deben

Fitch affirms Sri Lanka’s Dialog Axiata at AAA(lka); 2019-04-02 05:20:07Apr 02, 2019 (LBO) – Fitch Ratings has affirmed the National Long-Term Rating of Sri Lanka-based telecoms company Dialog Axiata at ‘AAA(lk

Vikas Arora assumes role of Sri Lanka’s Chief 2019-04-02 03:43:26Apr 02, 2019 (LBO) – Vikas Arora has assumed the role of Sri Lanka’s Chief Country Officer and General Manager of Deutsche Bank AG Colombo

50 percent probability for a policy rate cut 2019-04-02 01:47:59Apr 02, 2019 (LBO) – First Capital Research allocates a 50 percent probability for a policy rate cut in Apr 2019 as they are of the view that po

Emirates Skywards invites members to fly more and 2019-04-01 07:28:31(PRESS RELEASE) – Emirates Skywards, the award-winning loyalty programme of Emirates and flydubai, is rolling out a new limited time offer for a

Opinion: The truth about Geneva Human Rights Council 2019-04-01 05:15:33By Finance Minister Mangala Samaraweera During the past few weeks, I have been watching the many headlines, debates, misinformation, misrepresentation

United Nations torture prevention body to visit Sri 2019-04-01 03:36:38Apr 01, 2019 (LBO) – United Nations Subcommittee on Prevention of Torture is set to carry out its first visit to Sri Lanka from 2 to 12 April to

Sri Lanka Police Narcotics Bureau publicly destroys over 2019-04-01 02:48:03Apr 01, 2019 (LBO) – Over 769 Kg of narcotics which was seized by Sri Lanka’s security forces in the recent past destroyed at the Suraweer

Rs.79,000 million loans disbursed under Enterprise SL Program 2019-03-31 15:03:04Apr 01, 2019 (LBO) –  Sri Lanka’s Finance Ministry said it had disbursed 79 billion rupees to 46,673 persons under the  Enterpri

Huawei CEO and Founder expects revenue to touch 2019-03-31 14:45:45Apr 01, 2019 (LBO) – Ren Zhengfei, CEO and Founder of Huawei, recently said that 2019 could be a difficult year for Huawei, and however the

Trading Economics

Sri Lanka Three Month Interbank Rate 2019-04-02 04:32:00Sri Lanka Three Month Interbank Rate was quoted at 11 percent on Monday April 1. Interbank Rate in Sri Lanka averaged 11.74 percent from 2000 until 20

Sri Lanka Cash Reserve Ratio 2019-04-02 04:32:00Sri Lanka Cash Reserve Ratio was quoted at 5 percent on Monday April 1. Cash Reserve Ratio in Sri Lanka averaged 8.52 percent from 1999 until 2019, re

Sri Lanka Unemployment Rate 2019-04-01 03:58:00Unemployment Rate in Sri Lanka increased to 4.60 percent in the fourth quarter of 2018 from 4.10 percent in the third quarter of 2018. Unemployment Ra

Sri Lanka - Credit Rating 2019-03-30 20:00:00Standard & Poor's credit rating for Sri Lanka stands at B with stable outlook. Moody's credit rating for Sri Lanka was last set at B2 with stabl

Sri Lanka Cpi Housing Utilities 2019-03-30 06:44:00Cpi Housing Utilities in Sri Lanka remained unchanged at 115.70 Index Points in March from 115.70 Index Points in February of 2019. Cpi Housing Utilit

Sri Lanka CPI Transportation 2019-03-30 06:39:00The transportation sub-index of the CPI basket in Sri Lanka increased to 108.20 Index Points in March of 2019 from 107 Index Points in February of 201

Sri Lanka Banks Balance Sheet 2019-03-30 06:27:00Banks Balance Sheet in Sri Lanka increased to 9045664.40 LKR Million in December from 8915070.30 LKR Million in November of 2018. Banks Balance Sheet

Sri Lanka Central Bank Balance Sheet 2019-03-30 06:27:00Central Bank Balance Sheet in Sri Lanka increased to 1917438.70 LKR Million in December from 1894397 LKR Million in November of 2018. Central Bank Bal

Sri Lanka Labor Force Participation Rate 2019-03-30 06:18:00Labor Force Participation Rate in Sri Lanka increased to 52.20 percent in the fourth quarter of 2018 from 51.80 percent in the third quarter of 2018.

Sri Lanka Gross Fixed Capital Formation 2019-03-30 06:17:00Gross Fixed Capital Formation in Sri Lanka increased to 3707078.50 LKR Million in 2018 from 3502123.90 LKR Million in 2017. Gross Fixed Capital Format

Sri Lanka Changes in Inventories 2019-03-30 06:13:00The stocks of goods held by firms in Sri Lanka increased by 313742.80 LKR Million in 2018. Changes in Inventories in Sri Lanka averaged 562500.72 LKR

Sri Lanka Prime Lending Rate 2019-03-30 06:12:00Bank Lending Rate in Sri Lanka increased to 12.51 percent in February from 12.27 percent in January of 2019. Bank Lending Rate in Sri Lanka averaged 1

Reuters: Business News

Boeing software re-activated before Ethiopian crash: sources 2019-04-03 17:41:30Boeing anti-stall software on a doomed Ethiopian Airlines jet re-engaged and pushed the jet downwards after the pilots initially turned it off due to

Boeing's new 737 MAX flight control system 'seems 2019-04-03 17:41:30Boeing's new MCAS flight control system for its 737 MAX aircraft appears foolproof, Norwegian Air Chief Executive Bjoern Kjos said on Wednesday after

Shorts line up for a Lyft ride despite 2019-04-03 17:36:17What a difference a week makes. Lyft Inc has gone from IPO darling to short sellers' best friend.

Corona maker Constellation to sell about 30 brands 2019-04-03 17:29:22Constellation Brands Inc said on Wednesday it would sell about 30 of its low-end wine and spirits brands to E. & J. Gallo Winery for $1.7 billion,

South Korea rolls out 5G services on phones, 2019-04-03 17:25:25South Korea will become one of the first countries to commercially launch fifth-generation (5G) services as it rolls out on Friday the latest wireless

Boeing says successfully tested new 737 MAX software 2019-04-03 16:58:34Boeing Co said on Wednesday its chief executive, Dennis Muilenburg, had joined a test flight on a 737 MAX 7 jetliner for a demonstration of updated MC

Netflix amends bylaws allowing shareholders to nominate board 2019-04-03 16:37:35Netflix Inc said on Wednesday it had made changes to its bylaws that allowed certain shareholders to nominate board members.

U.S. chip stocks surge on trade deal hopes, 2019-04-03 16:23:08U.S. stocks edged higher on Wednesday, extending a strong start to the quarter as a rally among chipmaker shares provided a boost to the broader marke

Facebook removes exposed user records stored on Amazon's 2019-04-03 16:22:26Facebook Inc said on Wednesday it had taken down the data bases containing its user data from Amazon.com Inc's cloud servers after a report from cybe

Trump orders crackdown on counterfeit sales online 2019-04-03 16:20:43President Donald Trump on Wednesday ordered a crackdown on counterfeit products on third-party online marketplaces, asking for more information on how

Stocks up on hopes for U.S.-China trade, soft 2019-04-03 16:11:18World stocks climbed for a fifth session on Wednesday on optimism over U.S.-China trade talks and for a softer British exit from the European Union, w

White House's Kudlow says U.S.-China talks making progress, 2019-04-03 16:07:07Trade talks between the United States and China made "good headway" last week in Beijing and the two sides aim to bridge differences during talks th

UN News Centre - Economic

UN highlights profound implication of population trends on 2019-04-01 13:57:51The United Nations is highlighting the important role that population trends play in promoting sustainable development, during the annual Commission o

At Arab League Summit, Guterres reaffirms strong link 2019-03-31 08:40:45Attending the Summit of the League of Arab States in Tunis, Tunisia, on Sunday, UN Secretary-General António Guterres, recognized the critical

Asia-Pacific showing ‘decisive leadership’ on road to 2030 2019-03-27 12:00:41Nations across Asia and the Pacific need to take bold action to ensure empowerment, inclusiveness and equality if the region is to realize the ambitio

‘Negative forces’ at work in DR Congo threaten 2019-03-26 18:07:43The UN’s outgoing Special Envoy for Africa’s Great Lakes region on Tuesday said countries there had made “important steps towards du

The sun’s impact on Earth and weather celebrated, 2019-03-22 20:00:07Against a background of serious warnings against the effects of climate change, World Meteorological Day this year celebrates the crucial role played

UN conference agrees better ways for Global South 2019-03-22 16:48:07The Second High-Level UN Conference on South-South Cooperation, known as BAPA+40, concluded on Friday in Buenos Aires, Argentina, with a political dec

Education critical to ensure future of forests, and 2019-03-21 16:16:33The UN drew attention to the vital role that forests play in addressing some of the world’s greatest environmental challenges on Thursday, and t

Idai disaster: Stranded victims still need rescue from 2019-03-21 10:54:39Dire conditions persist in vast areas of southern Africa affected by Cyclone Idai as heavy rain continues to cause “massive destruction”,

‘Growing alarm’ over Fall Armyworm advance, with cash 2019-03-20 21:00:11The Fall Armyworm pest is continuing to sweep across the globe, having moved eastwards from their native Americas, onto Africa, before arriving i

Global South cooperation ‘vital’ to climate change fight, 2019-03-20 12:33:37South-South cooperation is key to the world’s sustainable development and the fight against global warming said the United Nations&nbs

UN launches ‘South-South Galaxy’ knowledge-sharing platform in Buenos 2019-03-19 16:40:21When countries of the Global South forged an historic technical cooperation deal among themselves 40 years ago, digital technology was a thi

What is ‘South-South cooperation’ and why does it 2019-03-18 17:24:27This week in Argentina’s capital, Buenos Aires, over one thousand people, including high level government delegations and representatives from t

BBC News - Business

Ryanair one of Europe's top polluters, EU data 2019-04-02 10:16:33It is the first time a company not running a coal-fired power plant has come near the top of the ranking.

BBC World News business headlines 2019-04-02 10:14:58The latest international business headlines from BBC World News.

Superdry's founder wins comeback fight 2019-04-02 09:36:44Investors narrowly back Julian Dunkerton's return to the board of the fashion chain he founded.

UK gaming market worth record £5.7bn 2019-04-02 07:47:51Fortnite and PlayerUnknown's Battlegrounds contribute to another record-breaking year for UK gaming.

Brexit: UK risks 'trashing relationship' with Europe, says 2019-04-02 03:10:28Jurgen Maier, the UK chief executive of Siemens, says the country is "at a point of crisis".

US to investigate car firms Hyundai and Kia 2019-04-02 01:15:19Three million vehicles will be investigated after thousands of complaints about fires.

Why India's rich don't give their money away 2019-04-02 00:13:25IT billionaire Azim Premji's recent pledge of $7.5bn has put Indian philanthropy in the spotlight.

What's the new weapon against money laundering gangsters? 2019-04-01 19:13:09Can advanced technologies help track the cash criminals try to hide?

UK accountancy giants 'should be broken up' 2019-04-01 19:07:34Reform plans by regulators are good but do not go far enough, says an influential committee of MPs.

What is Revolut? 2019-04-01 19:01:31Why is fin-tech firm Revolut so controversial? The BBC explains.

Revolut whistleblower had concerns over CEO conduct and 2019-04-01 19:01:23The BBC has spoken to a number of former employees about compliance at the currency transfer firm.

Former Barclays traders jailed over Euribor rate-rigging 2019-04-01 14:29:37Carlo Palombo and Colin Bermingham were found guilty of conspiring to manipulate Euribor interest rates.

Business News - UPI.com

Boeing awarded $250M for Joint Direct Attack Munitions 2019-04-02 10:29:57 Boeing has been awarded a $250 million, 10-year contract for Joint Direct Attack Munition guidance kit services for the U.S. Air Force, U.S. Navy and

Lockheed awarded $2.5B to start work on THAAD 2019-04-02 09:03:13 Lockheed Martin was awarded an additional $2.5 billion to begin work on THAAD interceptors for Saudi Arabia as part of $15 billion deal for ballistic

BAE awarded $21.4M for propulsars, tailcones for future 2019-04-01 13:35:17 BAE has been awarded $21.5 million to exercise options for the manufacture and delivery of propulsors and tailcones for two unnamed Virginia-class su

Britain approves $3.3M for consortium to develop drone 2019-04-01 12:22:54 Britain has awarded a $3.3 million contract for a consortium to develop drone swarm technology for military as part of the Many Drones Make Light Wor

Northrop Grumman to upgrade mission computers on U.S., 2019-04-01 11:19:27 Northrop Grumman was awarded a $104 million contract to supply technical refresh mission computers on UH-1Y, AH-1Z and UH-60V helicopters for the Mar

U.S. kicks off Balikatan exercise in Philippines 2019-04-01 09:45:31 Balikatan 2019, an annual military exercise involving thousands of U.S., Filipino and Australian troops -- and, for the first time, the F-35B Lightni

BAE awarded $70.6M contract for Navy gun modifications 2019-03-29 13:42:29 The Defense Department has announced the award of a $70.6 million contract to BAE Systems & Land Armaments for upgrades to Navy vessels weaponry.

Boeing awarded $87.5M for work on Harrier trainers 2019-03-29 12:44:29 Boeing was awarded two contracts worth $87.5 million to development, upgrades and support of the U.S. Marines' T/AV-8B Harrier II trainer aircraft.

USS Eisenhower back at sea after upgrades in 2019-03-29 11:25:15 The USS Dwight D. Eisenhower is back in the Atlantic Ocean after the Nimitz-class nuclear-powered aircraft carrier underwent upgrades.

FlightSafety Services awarded $29.5M for KC-46 training 2019-03-29 09:35:43 FlightSafety Services was awarded a $29.5 million contract for KC-46 Aircrew Training System production. Boeing resumed delivery of the refuelers ear

Sierra Nevada nabs $317M for AC-130 Precision Strike 2019-03-28 12:40:14 Sierra Nevada Corp. was awarded a $317 million contract for logistics support of the Precision Strike Package on the AC-130W and AC-130J for the U.S.

Ellsworth AFB named first base for B-21 bomber 2019-03-28 12:12:44 The Air Force selected Ellsworth Air Force Base as the first location for the first operational B-21 Raider bomber, expected in 2025, as well as the

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