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Thursday, December 12, 2019
Business

Business

Indian motorcycle owners are fueling a boom in gasoline consumption

India’s new motorcycle owners drive gasoline boom

INDIA’S gasoline consumption is growing rapidly as millions of additional households buy motor cars and especially motorcycles as a status symbol amid growing prosperity,...
Navinder Sarao faces a jail term in America

‘Flash crash’ trader Navinder Sarao guilty of spoofing and wire fraud

A London-based trader last Wednesday (9) became the second person convicted of criminally spoofing US futures markets, after he pleaded guilty to federal charges...

Sri Lanka likely to miss FY growth target after Easter bombings: junior minister

Sri Lanka is unlikely to hit its full-year economic growth target of 3-4 per cent following the Easter Sunday bombings, junior finance minister Eran...
Cigarettes will be sold with little branding

UK court rejects tobacco companies’ appeal on plain packaging

A UK court has dismissed an appeal brought by some of Britain’s largest tobacco companies over the government’s new plain packaging rules. In its decision...
Reckitt Benckiser

Reckitt Benckiser buys US infant and child nutrition specialist Mead Johnson

British consumer health giant Reckitt Benckiser on Friday (10) bought US infant and child nutrition specialist Mead Johnson for $16.6 billion (£13.29 billion) in...
Lord Paul (third from left) with (from left) Dr Kevan Buckley, Steve Garner and Prof Nazira Karodia at the graduation ceremony

Cyber security ‘hottest subject’ with British Asian students

With businesses, government departments and defence installations needing to protect themselves increasingly against hacking and industrial espionage, the study of cyber security has become...
The new plan is part of the Make In India programme

India accords residency status to foreign investors

India approved a plan on Wednesday (August 31) to allow foreign investors to settle, emulating a policy in countries such as the United States...

Sri Lanka stocks hover near 6-1/2-year closing low; rupee up

Sri Lankan shares extended falls into a fifth session on Wednesday (8) and closed at their lowest levels in six-and-a-half years on shattered investor...
Dr Rami Ranger with his Rolls Royce

British luxury brands target India

Want to spend a romantic weekend in Cliveden – now a sumptuous hotel in Berkshire, but once the seat of the aristocratic Astor family...

China to build £1.2 billion power line across Pakistan

China’s State Grid Corporation is set to build a $1.5-billion (£1.22bn) power line across Pakistan to enable the transmission of 4,000 megawatts of electricity...