National inflation drops to 2.1 percent in June

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Issuing National Consumer Price Index (NCPI), for the month of June 2019, Director General of Census and Statistics said that headline inflation as measured...

US tech CEOs support Trump on Huawei restrictions: W. House

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Chief executives from several US tech companies met with President Donald Trump on Monday and expressed "strong support" for policies restricting the use of...

SriLankan to get new airbuses as per five-year strategic business plan

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SriLankan Airlines is converting an order for four Airbus A350-900s to Airbus A330-900s as a part of the airline’s new five-year Strategic Business Plan. In...

Profit soars for Microsoft fueled by cloud, business services

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Microsoft on Thursday posted quarterly earnings that trounced expectations, citing growth in partnerships with companies on technology and cloud computing services. The US technology titan,...

Huawei planning major job cuts in US: WSJ

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Chinese telecoms giant Huawei, which is subject to US sanctions over concerns about its ties to the government in Beijing, is planning to make...

Final VW ‘Beetle’ model rolls off Mexican production line

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German auto giant Volkswagen launched the final edition of its iconic "Beetle" car from its Mexican factory in Puebla on Wednesday. The bug-shaped metallic blue...

LIOC fuel price also reduced

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Taking the cue from Ceylon Petroleum Corporation (CEYPETCO) the Lanka Indian Oil Corporation (LIOC) announced that it too was reducing petrol and diesel prices...

LIOC fuel price also reduced

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Taking the cue from Ceylon Petroleum Corporation (CEYPETCO) the Lanka Indian Oil Corporation (LIOC) announced that it too was reducing petrol and diesel prices...

BMW to build new electric Mini in UK, moves some engine...

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BMW will begin building its new electric Mini at its British factory from late 2019, with the first vehicles reaching customers from spring next...

US, China negotiators resume trade war talks

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Top US and Chinese negotiators held phone talks on Tuesday as the world's top two economies seek to resolve their trade war, more than...