British Airways retires entire 747 fleet after travel downturn
British Airways has said it will retire all of its Boeing 747s as it suffers from the sharp travel downturn.
The UK airline is the...
CBSL suspends business activities of ETI and Swarnamahal Financial Services
Central Bank of Sri Lanka (CBSL) has suspended the business activities of Swarnamahal Financial Services PLC and ETI Finance Ltd.
The decision will be in...
U.S. turns screws on maritime industry to cut off Venezuela’s oil
Several companies that certify vessels are seaworthy and ship insurers have withdrawn services to tankers involved in the Venezuelan oil trade as the United...
Exclusive: Facebook ad boycott campaign to go global, organizers say
The “Stop Hate for Profit” campaign will begin calling on major companies in Europe to join the boycott, Jim Steyer, chief executive of Common...
Facebook shares plunge £45 BILLION after Coca-Cola and Unilever pull advertising...
FACEBOOK shares have plunged £45bn after Coca-Cola and Unilever pulled advertising over the platform's "failure to stop hate speech".
Mark Zuckerberg's wallet felt the bite...
One day service for the issuance of NICs, recommences on Monday
The one day service for the issuance of National Identity Cards will re-commence on Monday (June 22).
“Only a limited number of applicants will be...
03 member committee to probe financial institutions and leasing companies
A three-member committee was appointed by the Governor of the Central Bank of Sri Lanka, Professor W. D. Lakshman, to probe irregularities at financial...
ComBank launches another special loan scheme for COVID-19 affected micro businesses
The Commercial Bank of Ceylon has announced the launch of another Bank-funded loan scheme, this time to assist micro enterprises affected by the COVID-19...
Export earnings in May increase due to PPE exports
Sri Lanka’s export earnings have increased to 606 million US dollars in May from 277 million US dollars in April, thanks to the export...
HSBC under fire in UK for backing China’s Hong Kong law
Asia-focused banking giant HSBC's vocal support for China's controversial Hong Kong security law has not been well received in Britain, the former ruler of...
