Business
IMF board enables disbursement of about $500 mln to Ukraine – Statement
Washington: The IMF Board has approved a nearly $500 million disbursement to Ukraine following a review of the Extended Fund Facility program, the Fund announced in a statement on...
Business
Trump launches sales of fragrances called ‘victory 45-47’
Washington: US President Donald Trump launched the sale of fragrances called "Victory 45-47" for both men and women."Trump...
Business
Tesla inks deal with Chinese partners to construct grid-side-energy storage station in Shanghai
Shanghai: US car maker Tesla on Friday inked a deal with Chinese partners to build a grid-side energy...
Business
Microsoft fires another 300 people after recent major layoff – Reports
Washington: US tech corporation Microsoft has cut its staff by more than 300 people after a major layoff...
Business
U.S. to double steel, aluminum tariffs to 50 pct
New York: U.S. President Donald Trump announced Friday that he plans to double tariffs on steel and aluminum...
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...
Twitter shareholders approve $44bn Musk deal
San Francisco: Twitter's shareholders have voted to approve a deal with Elon Musk to buy the company for $44 billion.The decision was made in...
Bangladesh goes for uniform USD-taka rates
Dhaka: Bangladesh banks have fixed the maximum exchange rates of the US dollar against the Bangladeshi taka for export-import bills and remittances in a...
Uganda is absolutely safe, woos investors : Minister Henry Okello
Chennai: Uganda Minister of State for Foreign Affairs in charge of International Affairs Henry Okello today said his country was absolutely sage and invited...