J&J agrees $20.4 mn payment in Ohio opioid case

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US healthcare giant Johnson & Johnson on Tuesday announced it had reached a $20.4 million settlement to avoid a much-anticipated trial in Ohio for...

Volkswagen faces first mammoth diesel lawsuit on home turf

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Car behemoth Volkswagen will face a German court Monday, as hundreds of thousands of owners of manipulated diesel cars demand compensation four years after...

Russia rolls out the red carpet for Huawei over 5G

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While the US banned Huawei for alleged espionage and asked its allies to do the same, Moscow has rolled out the red carpet for...

Sri Lanka urged to invest in people to unlock its productive...

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The World Bank unveiled today a new report to guide policymakers and development practitioners across Sri Lanka in better investing in the health and...

India accused of imposing unrealistic MIP on Lankan pepper

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The Spices and Allied Products Producers and Traders’ Association (SAPPTA) alleges that India of imposing unrealistic Minimum Import Prices (MIP) on Sri Lankan pepper...

CB orders banks to cut lending rates at least 2% by...

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The Central Bank said it ordered all licensed commercial banks (LCBs) to cut lending rates at least by 200 basis points by next month...

Relief on motor vehicles imported for personal use

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The government has decided to declare a grace period for the motor vehicles imported during the period of January 2015 to November 2017 and...

Paris Tutankhamun show sets new record with 1.42 mn visitors

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A blockbuster Tutankhamun show set a new all-time French record Sunday, with 1.42 million visitors flocking to see the exhibition in Paris, the organisers...

Huawei in public test as it unveils sanction-hit phone

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Chinese tech giant Huawei launches its latest high-end smartphone in Munich on Thursday, the first that could be void of popular Google apps because...

Apple slams EU as epic court battle over tax bill begins

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Apple went on the offensive against Brussels in an EU court on Tuesday, fighting the European Commission's landmark order that the iPhone-maker reimburse Ireland...