Köln hatte sich beworbenRenommierte Automobil-Messe: Verband hat entschieden

KÖLN Die nächste Automesse IAA könnte nach Berlin, Hamburg oder München umziehen – Köln ist aus dem Rennen! IAA: Auch Stuttgart und Hannover sind aus dem Rennen Die Entscheidung... Read more »

CBSL holds its 12th International Research Conference

The Central Bank of Sri Lanka held its annual flagship event, the 12th International Research Conference at the John Exter International Conference Hall of the Central Bank on 09... Read more »

Treasury approves payment of bonus for employees of state-owned statutory bodies

The Treasury has approved the payment bonus for 2019 for the employees of state-owned statutory bodies and fully state-owned companies. The Treasury has issued a circular in this regard... Read more »

TFC still looking for potential investor; CBSL extends regulatory actions

The Central Bank of Sri Lanka said the troubled finance company, the Finance Company PLC (TFC), has not find a suitable investor to revive the company and it is... Read more »

Powell stops short of committing to rate cuts; Trump fumes

The Federal Reserve will “act as appropriate” to keep the US economy healthy, Fed chair Jerome Powell said yesterday, remarks that did not say how fast it might cut... Read more »

Mahindra opens first automotive assembly plant in Sri Lanka

Expanding its global footprint, Indian auto major Mahindra & Mahindra on Saturday opened its first completely knocked down automotive assembly plant in Colombo in joint venture with Ideal Motors... Read more »

Turkish military pension fund to buy British Steel

The Turkish military pension fund OYAK said yesterday it had signed a provisional deal to buy British Steel after the UK steelmaker was forced into liquidation in May. OYAK... Read more »

EU plans to impose import duties on Indonesia biodiesel

The European Commission has proposed duties ranging from 8% to 18% on imports of biodiesel from Indonesia to counter what it says are unfair subsidies, the latest twist in... Read more »

Boeing 737 Max’s autopilot has problem, European regulators find

Europe’s aviation regulator has outlined five major requirements it wants Boeing Co. to address before it will allow the planemaker’s 737 Max to return to service, according to a... Read more »

For UAE gold trade, India’s duty hike is a blessing

India’s latest budget offers UAE’s gold and jewellery retailers a surprise gift … and they intent to make full use of it. By raising the import duty on gold... Read more »