Business News

Oil prices extended the gloom on Monday after a Saudi-Russian price war and an equities meltdown sparked by the coronavirus pandemic saw their biggest...

Italian luxury carmaker Ferrari said Saturday it was suspending production for two weeks at two of its factories, citing "serious difficulties" related to Italy...

With a view to accelerating economic growth in the country, special credit support scheme to eligible Small and Medium Enterprise borrowers of Banking sector...

Microsoft on Friday announced that co-founder Bill Gates has left its board of directors to devote more time to philanthropy. The 64-year-old stopped being involved...

Sri Lanka Chamber of the Pharmaceutical Industry has urged the public not to panic about a shortage of pharmaceutical drugs. Urging the public to remain...

The Ministry of Power and Energy says there is NO truth to the rumors spread on a shortage of fuel in the country. It adds,...

Asian equities went into meltdown on Friday, extending a global rout that saw markets experience their worst day in decades as fears of a...

The government would pass the benefit of fuel price reduction in the global market to the consumer in the next few days after deciding...

Regular trading at the Colombo Stock Exchange (CSE) was temporarily halted for 30 minutes from 10.02 am to 10.32 am this morning (13) as...

The dual impact of COVID-19 and the significant oil price shock will put pressure on some sovereign credit fundamentals and potentially ratings, Fitch Ratings...