?REUTERS: China’s economic slowdown and a sharp fall in its stock market herald not a crisis but a “necessary” adjustment for the world’s second biggest economy, a senior International Monetary Fund official said on Saturday.

?PTI: Coca-Cola will invest US $ 4 billion in China over the next three years, its CEO Muhtar Kent announced at the site of a new plant in the soft drink giant’s third largest market.

India will sell a 10 percent stake in top state-run refiner Indian Oil Corp Ltd today through a stock market auction, the government said, as part of its drive to raise funds by selling off assets.

?REUTERS: Hewlett-Packard Co reported a drop in revenue for the fourth straight quarter, hurt by weak PC sales and lower demand from corporates for its services.

?REUTERS: Novartis has agreed to buy all remaining rights to Ofatumumab from Britain’s GlaxoSmithKline for up to US $ 1 billion, boosting the Swiss drugmaker’s stable of multiple sclerosis (MS) treatments.

?AFP: Australia’s competition watchdog reversed a draft decision against a joint venture between Qantas and China Eastern, giving the carriers the green light to coordinate pricing and scheduling.

?REUTERS: South Korea’s LG Electronics Inc will supply Honda Motor Co Ltd and Porsche with in-car displays, a person with direct knowledge of the matter said yesterday, as the firm tries to grow its auto business to counter weak sales at its ma

?REUTERS: Uber Technologies Inc’s global bookings are projected to rise nearly threefold to US $ 10.84 billion this year and reach US $ 26.12 billion the next, according to a recent presentation for potential investors seen by Reuters.

Friday 21st of August 2015, Colombo: DFCC Bank, the country’s leading development bank and its commercial arm DFCC Vardhana Bank (DVB), introduced Bancassurance, to offer their customers a combined banking and insurance solution.  The Banc

OPPO celebrated its official launch in Sri Lanka on the 15thAugust with a splashy showcase of its newest smartphone releases, the R7 Lite and the R7 Plus, at Majestic City. The launch kicked off with a bang thanks to an energetic surprise flash mob t

Inspiring plumbers across Sri Lanka in their drive to encourage excellence and hard work in the industry, S-lon took its Plumber Educational Program to Horana (Kalutara Region) recently. This grand event was organised to educate the plumbers by condu

hursday 20th August 2015, Colombo: The Hirdaramani Group recently held a graduation ceremony to recognize employees who successfully completed the company’s 2014/2015 Leadership Development Programme (LDP). At the event, special awards were pre

?Thursday 20th August 2015, Colombo: Leo Burnett Solutions Inc., (LBSI) the local office of the global advertising network Leo Burnett Worldwide, recently completed its third Masterclass programme for 13 industry interns. The intensive five-week inte

Wednesday 19th August, 2015: The swimwear edition of Colombo Fashion Week (CFW) known as CFW Swim, which concluded last week, started on a good footing. It showed every prospect that it has taken a step closer towards its vision of making Sri Lanka a

?Wednesday 19th August 2015, Colombo:  Serendib Flour Mills recently extended its support to the Pro-Food Pro-Pack Exhibition as the Silver sponsor of the event for the second consecutive year. The exhibition was attended by many high profile de

Yamaha, the leading global watercraft manufacturer, partners with Colombo Fashion Week (CFW) Swim. Coming in as the official watercraft partner, Yamaha showcased its range of leisure products and services, which will complement the swimwear collectio

?REUTERS: BMW recently said it was looking into whether Google infringed any trademark rights after the Silicon Valley-based group set up a new company called Alphabet, which is also the name of a BMW subsidiary.

?REUTERS: General Motors Co. luxury brand Cadillac aims to increase its annual sales to half a million vehicles worldwide by 2020 from an expected 275,000 this year, Cadillac’s top executive said.

?AFP: Toyota yesterday said more than 50 employees were injured after two giant explosions last week in the Chinese city of Tianjin, where the carmaker’s factory lines will remain closed until at least the end of Wednesday.

Bajaj Pulsar, known for its performance, technology and design, is set to redefine Sri Lanka’s sports bike market with the launch of new-generation Pulsar motorcycles.

Acknowledging that obesity is no longer considered a cosmetic issue that is caused by overeating and a lack of self control but a chronic progressive disease resulting from multiple environmental and genetic factors...

?Browns Hospital Ragama recently signed up with eChannelling PLC to offer hospital/doctor appointment services to its patients. 

In a landmark partnership in national healthcare, Hemas Hospitals signed a Memorandum of Understanding (MOU) with the government owned National Insurance Trust Fund (NITF), to be the preferred hospital for their members.

?Leesons Hospital (PVT) Limited extending their service to the nation has launched the most advanced Magnetic Resonance Imaging (MRI) Scanner in Sri Lanka, to its chain of patient-friendly machines.

American & Efird (A&E) Lanka, a fully owned subsidiary of one of the world’s premier industrial sewing thread manufacturer American & Efird LLC, USA, went onto exhibit an artistic visual installation made out of thread and also enga

  Friday August 14th 2015, Colombo: ATL now provides individuals and families added peace of mind, through its ‘Hale & Hearty’ hospitalization insurance plan. This convenient insurance plan covers individuals and their fami

As part of a major diversification process, JAT Holdings embarked on opening up a new subsidiary to the company’s portfolio by introducing Esteem Plantations (Pvt) Ltd. JAT Holdings, being leaders in the production of wood coatings, already had

Thursday 13th August, 2015, Colombo: CIC’s Industrial Solutions Division is proud to be the sole agent for Stevia provided by PureCircle, a major provider of natural sweeteners to the global food and beverage industry. Stevia is a naturally sou

Richard Pieris Tyre Company, established as the pioneer in tyre retreading in Sri Lanka hosted their annual awards evening to felicitate highest performing Top 100 dealers on Sunday 28th June at the Cinnamon Grand Hotel.

Sri Lanka Telecom, the national telecommunication service provider, released the company’s group financial performance statement for the 1st half of 2015. The group comprises of the holding Company Sri Lanka Telecom (SLT) and its eight subsidia