Economy
World / Countries / MNCs
New York: An estimated 4.8 million jobs have been lost in Ukraine since Russia’s 24 February invasion, according to a brief published on Wednesday by the UN’s labour agency. more
Sri Lanka stock market closed amid nationwide protests

Colombo: Sri Lanka's Colombo Stock Exchange (CSE) declared on Tuesday a market holiday as a nationwide curfew was imposed due to street unrest.

Sri Lanka stock market closed amid nationwide protests

Colombo: Sri Lanka's Colombo Stock Exchange (CSE) declared on Tuesday a market holiday as a nationwide curfew was imposed due to street unrest.

Small decrease in food prices in April ‘a welcome relief’

New York: After reaching an all-time high in March amid repercussions from the war in Ukraine, world food prices decreased last month, the UN Food and Agriculture Organization (FAO) said ...

Tesla planning production plant in Shanghai : Reports

Beijing: US electric automaker Tesla is planning to set up a second plant to expand its production capacities in China's Shanghai, the Zhongguo Zhengquan Bao newspaper (China Securiti ...

Development financing crucial to get global economy back on track

New York: The global economy is under severe stress and the Sustainable Development Goals (SDGs) are in “need of urgent rescue”, the deputy UN chief told the Financing for Dev ...

Ukraine conflict putting global trade recovery at risk: WTO

The war in Ukraine has created immense human suffering but it is also putting the fragile recovery of global trade at risk, and the impact will be felt across the planet, the World Trade ...

German inflation moves to 40-year high in March

Berlin: Germany's consumer price index (CPI) rose to 7.3 per cent in March on an annual basis, hitting a 40-year high, the Federal Statistical Office (Destatis) said on Tuesday.

Sri Lanka's worst economic crisis is accentuated by dependence on China

Sri Lanka is steadily plunging into a deep economic emergency but the unfolding crisis can act as an eye opener for those nations who are heavily depending on China's loans with the b ...

Sri Lankan imports increase 23.1 pct in January 2022

Colombo: Sri Lanka's imports grew 23.1 per cent in January 2022, compared to January 2021, the latest data released by the central bank showed.