Price of bread to be reduced by Rs 5
The All Ceylon Bakery Owners Association has announced that the price of a 450g loaf of bread will be reduced by 5 rupees with...
Dell sells RSA cyber-security unit for $2 bn
Dell Technologies on Tuesday announced a $2.08 billion cash deal to sell cyber-security unit RSA to a consortium led by Symphony Technology Group.
RSA specializes...
Vegetable prices on the decline
In the wake of the increasing supply of vegetables, there is a decline in the retail and wholesale prices of both up-country and low-country...
HSBC axes 35,000 jobs as profits slump
Asia-focused banking giant HSBC on Tuesday axed 35,000 jobs, far more than expected, and posted slumping annual profits, as it warned over the financial...
Apple to miss revenue forecast as iPhone supply hit by coronavirus
Apple is to miss its revenue forecast for the March quarter due to the coronavirus epidemic, the US tech giant said Monday, warning that...
HSBC 2019 pre-tax profits drop by a third to $13.3 billion
HSBC said Tuesday its 2019 pre-tax profits fell by a third on year to $13.3 billion as interim chief Noel Quinn warned that the...
Samsung joins the fold with Galaxy Z Flip smartphone
Samsung on Tuesday unveiled its second folding smartphone, a "Z Flip" handset with a lofty price tag aimed at "trendsetters."
The smartphone flips open, like...
World Bank reaffirms continued support for Sri Lanka’s growth & development
The World Bank reaffirmed its continued support to Sri Lanka’s growth and development for the benefit of all its people, as World Bank Vice...
Mitsubishi Motors denies emissions test fraud after German raids
Mitsubishi Motors denied Thursday equipping engines with devices to make them appear less polluting, after raids by prosecutors in Germany probing suspected diesel emissions...
Vegetable prices drop at Dambulla Economic Center
Traders in the Dambulla Dedicated Economic Center said a sharp drop in the prices of vegetables was being experienced at present and that it...
