Subway Enters Agreement to Be Acquired by Roark Capital, Investor in Dunkin’ and Baskin-Robbins
Private equity firm Roark Capital, known for its ownership of brands like Baskin-Robbins and Dunkin', is poised to acquire the sandwich chain Subway, marking...
Nvidia Fuels AI Enthusiasm with Remarkable Performance and $25 Billion Buyback
On August 23, Nvidia (NVDA.O) delivered exceptional results, surpassing all forecasts for its quarterly revenue projection. The surge in demand for its chips, driven...
Central Bank Holds Policy Interest Rates Steady at Current Levels
On August 23, 2023, during its convened meeting, the Monetary Board of the Central Bank of Sri Lanka concluded to uphold the prevailing levels...
The Color Bar Salon: Three Years of Elevating Beauty in Kelaniya
Today marks a significant milestone for The Color Bar Salon as it celebrates its third anniversary of providing top-tier beauty and grooming services to...
Conceptualsea Private Limited: Celebrating 3 Years of Excellence in Digital Marketing
Conceptualsea Private Limited, an emerging digital marketing agency, proudly marked its third year of successful operations on 1st of Aug 2023. Founded in 2020...
Sri Lanka: Economy shrinks 11.5% in Q1
Sri Lanka's Department of Census and Statistics said that the year on year GDP growth rate for the first quarter of 2023 was estimated...
Credit Suisse slump renews fears of global banking crisis
Aljazeera reported that Shares in Credit Suisse have plunged and dragged down other major European lenders as fears about deeper problems in the world...
CSE begins fresh week negatively; net foreign inflow ends after 10 days
The Colombo stock market began a fresh week on a sharply negative note amidst lacklustre investor interest.
The active S&P SL20 index declined by 2.22%...
Mitsubishi to wind up Lankan operations next month
Japanese giant Mitsubishi Corporation has decided to wind up operations in Sri Lanka next month after being an integral part of bilateral ties and...
China’s Finance Minister, CB Governor to attend debt roundtable in India – IMF Managing Director
China’s Finance Minister and its Central Bank (CB) Governor will attend a roundtable with other creditors and some borrowing countries in February in India,...
