Business
Top 10 biggest companies in the world by market cap in 2025
In the ever-evolving landscape of the global economy, the top companies by market cap have become a subject of interest for investors, market...
Nvidia loses nearly $600 billion as China’s DeepSeek jolts tech shares
US chip-maker Nvidia led a rout in tech stocks Monday after the emergence of a low-cost Chinese generative AI model that could threaten...
SL businesses encouraged to capitalise on World Chambers Federation Africa Summit
The official launch of the World Chambers Federation Africa Summit took place in Kenya yesterday and former Sri Lankan High Commissioner Kana Kananathan...
Rs. 100 billion lost due to taxes favourable to Tobacco Company – ADIC
The state has lost around Rs. 100 billion of excise revenue in the past five years or so as a result of indecisions...
Adani Group says Sri Lanka wind power projects not cancelled
The Adani Group’s wind power projects in Sri Lanka have not been cancelled, a company spokesperson said on Friday, after some reports said...
Fitch upgrades 10 Sri Lankan banks’ national ratings
Fitch Ratings has upgraded the National Long-Term Ratings of 10 Sri Lankan banks following the recent sovereign upgrade and recalibration of the agency’s...
Sri Lanka and China renew currency swap agreement till 2027
The People’s Bank of China (PBOC) and the Central Bank of Sri Lanka have extended the bilateral currency swap agreement, with a total...
CBSL lists companies engaged in pyramid schemes
The Central Bank of Sri Lanka has conducted investigations and determined 21 companies that have engaged in a scheme prohibited under Section 83...
