INSURANCE ASSOCIATION OF SRI LANKA
The insurance industry of Sri Lanka has undergone a rollercoaster of a journey over the past few years. Showcasing its resilience in overcoming
UN WARNS OF HUMANITARIAN CRISIS IN AFGHANISTAN
The United Nations is seeking to raise more than US$ 600 million in aid for Afghanistan, warning the country is facing a major humanitarian
ENGLAND’S VACCINE PASSPORT PLANS HAVE BEEN DITCHED
Plans to introduce vaccine passports for access into nightclubs and large events in England will not go ahead
SPREAD OF DELTA VARIANT KNOCKS THE WIND OUT OF UK ECONOMY
Britain’s economy unexpectedly slowed to a crawl in July as the Delta variant of COVID-19 spread rapidly after lockdown restrictions
MICROSOFT ABANDONS PLANS TO REOPEN US OFFICES
Microsoft announced that it's scrapping plans to fully reopen US offices early next month because of concerns about the Delta variant
UK CUTS CLIMATE PLEDGES TO CLINCH AUSTRALIA DEAL
Ministers agreed to cut key climate pledges to help clinch the UK trade deal with Australia
SOARING INFLATION AND ENERGY COSTS FORCES CHINA TO SELL OIL
China is starting to sell off some of the oil it keeps in strategic reserve in a bid to lower prices in the market, a historic first for the world
FORD TO STOP PRODUCTION IN INDIA
The US car giant Ford is to stop making cars in India and shut down both of its plants in the country, according to a company statement
UK TO LOSE SPOT AMONG GERMANY’S TOP TRADING PARTNERS
The UK has been in Germany's top 10 trading partners since 1950. But with Brexit related hurdles taking a toll, Britain looks set to drop
JP MORGAN TO BUY MAJORITY STAKE IN VOLKSWAGEN
JP Morgan has struck a deal to buy a majority stake in German car giant Volkswagen's payments business ahead of a planned rollout
PROTESTS ERUPT IN EL SALVADOR AS BITCOIN CRASHES
Angry protests, technological glitches and a plummet in value marked the first day of El Salvador adopting Bitcoin as legal tender after
INDIAN PHARMA ENTREPRENEUR WITH A PASSION FOR RESEARCH JOINS BILLIONAIRE RANKS
India’s pharma sector, which has been in the spotlight during the pandemic, has just minted a new billionaire. Satyanarayana Chava
WORLD SHARES AT RECORD HIGH
Global stocks inched to a record high for the eighth straight session as investors wagered the US Federal Reserve is likely to delay the start
ISRAEL TO REOPEN TO SMALL GROUP OF TOURISTS
Israel will allow small foreign tour groups from selected countries to visit from 19 September under a pilot programme to kick-start tourism
UK PRIME MINISTER TO ADDRESS LAWMAKERS ABOUT AFGHANISTAN
Prime Minister Boris Johnson will address lawmakers about Britain's withdrawal from Afghanistan, amid criticism of the handling of the
US JOB GROWTH DISAPPOINTS
The US economy added fewer jobs than expected in August as employment rose by 235,000. The figure was well down from the 1.05
NATO CALLS ON RUSSIA TO BE TRANSPARENT
NATO's secretary general called on Russia to be open about its 'Zapad-2021' military exercises and the troop numbers involved as alarm
CHINA SET TO OPEN NEW STOCK EXCHANGE IN BEIJING
China has announced plans to set up a third stock exchange to serve small and medium-sized businesses
INDIAN CAR PRODUCER MAHINDRA AND MAHINDRA FLAGS PRODUCTION HIT
Indian car maker Mahindra and Mahindra said it expects a 20-25 percent drop in September vehicle production at its automotive division
SYRIAN OIL SPREADS ACROSS THE MEDITERRANEAN
Authorities in Cyprus are monitoring an oil slick that originated from a power plant on Syria's Mediterranean coast and could soon affect the island
