Business News

Snap chap firm share soars on debut

Shares in Snap, owner of messaging app Snapchat, began trading on the US stock market on Thursday.At the close of trade shares were $24.48 each, a jump... Read More

EDB to support branded exports

The Export Development Board is helping to organise into a cluster, apparel exporters who have invested in and developed their own brands as part of an... Read More

Uber boss quits Trump advisory board

Travis Kalanick, the chief executive of ride-sharing service Uber, has stepped down from President Donald Trump's economic advisory group after strong... Read More

Alibaba to invest in SL

E-commerce giant Alibaba has shown its interest to invest in Sri Lanka. Its Chairman Jack Ma met Finance Minister Ravi Karunanayake at the World Economic... Read More

SL to buy crude oil from Iran

Sri Lanka is interested in importing crude oil from Iran, Minister of Science, Technology and Research Susil Premajayantha says. He said this during a... Read More

Lottery dealers goes on a strike

All Island Lottery Dealers ‘Association (AILDA) says a strike will commence today. Association President Krishan Marambe said the government has... Read More

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