Business
IMF maintains 2024 global growth forecast at 3.2 pc
Washington: The International Monetary Fund (IMF) on Tuesday maintained its global growth forecast in 2024 at 3.2 percent, consistent with its projection in July, its newly released World Economic...
Business
Swiss International University Acquires ISI Swiss International Vocational Institute in Dubai, Expanding Practical Training
Swiss International University announced the acquisition of the ISI Swiss International Vocational Institute in Dubai, an important step...
Business
SpiceJet settles $23.39 mln dispute with Aircastle and Wilmington Trust
New Delhi: Low-cost carrier SpiceJet on Tuesday said that it has settled a $23.39 million dispute with Aircastle...
Business
SpaceX says expects to receive federal approval to launch fifth Starship test flight
Washington: SpaceX expects to receive federal regulatory approval to launch its fifth Starship Super Heavy rocket this weekend...
Business
Boeing says plans to reduce size of total workforce by roughly 10%
Washington: Boeing President and CEO Kelly Ortberg notified employees that the company is laying off roughly 10% of...
STMicroelectronics to invest 730 mn euros in new plant in Sicily
Rome: Electronic semiconductor maker STMicroelectronics plans to invest 730 million euros (721 million US dollars) in a new chip production facility in Catania on...
SL to ease import restrictions
Colombo: The Sri Lankan government will ease the ban on import of some goods that was enforced due to the economic crisis, Finance State...
Wall Street firms fined $1.8bn
Washington: Some of Wall Street biggest companies have been fined a total of $1.8bn by US financial watchdogs after staff discussed deals and trades...
Chinese yuan hits record low against USD
Beijing: China's yuan has hit fresh record lows against the surging US dollar.The internationally-traded yuan fell to its lowest level since data first became...
SL tourism back on track
Colombo: Sri Lanka's battered tourism industry is back on the road to revival, with some 21,000 tourists coming to the island nation in the...
Qantas direct flight from Sydney to Bengaluru
Sydney: Australia's national carrier Qantas on Wednesday started the operation of its direct flight service between Sydney and India's southern city of Bengaluru.The new...