Graft Web
July 11, 2007 (AFP) - A grouping of companies launched Wednesday a website dedicated to collecting information about officials and governments around the world …
McDonald’s to start coffee chain in Japan
TOKYO, July 12, 2007 (AFP) - McDonald's said Thursday it will launch a chain of coffeeshops in Japan, hoping to tap into the country's growing love of coffee …
Euro hits record high against dollar on US economy worries
NEW YORK, July 11, 2007 (AFP) - The euro surged to a record high against the dollar Wednesday on growing concerns about risky loans in the US property market …
Sri Lanka spins off Bangladesh cheaply
KANDY, Sri Lanka, July 12, 2007 (AFP) - Sri Lankan spin wizard Muttiah Muralitharan grabbed 6-28 as Bangladesh were shot out for 131 on the second morning of …
Tamil Tigers threaten guerrilla warfare after conventional defeat
July 12, 2007 (AFP) - Tamil Tiger rebels have admitted losing a key stronghold in eastern Sri Lanka to government forces and said they would revert to …
Tigers admit losing key stronghold in Sri Lanka’s east
July 12, 2007 (AFP) - Tamil Tiger rebels have admitted losing a key stronghold in eastern Sri Lanka to government forces and said they would revert to …
Sri Lanka claims fall of Tiger base amid new peace bid
July 11, 2007 (AFP) - Sri Lanka's military said Wednesday it had captured the "nerve centre" and last Tamil Tiger jungle stronghold in the east of the island, …
Sri Lanka president welcomes capture of Tiger base
July 11, 2007 (AFP) - Sri Lanka's president Wednesday paid tribute to his security forces for capturing what he called the "last stronghold" of the Tamil Tiger …
Sri Lanka petro chief calls for national hedging policy
July 12, 2007 (LBO) – The head of Sri Lanka's state petroleum utility has called for a national policy on oil hedging for the longer term as …
Fashion Degree
July 11, 2007 (LBO) – A Sri Lankan clothing technology school is launching a degree course in fashion and merchandising in a tie-up with Australia's …
Free World
BRUSSELS, July 11, 2007 (AFP) - A top European court ordered EU antitrust regulators Wednesday to pay damages to French firm Schneider for wrongfully blocking …
Strikes at Chilean mines send copper prices sky-high
SANTIAGO, July 10, 2007 (AFP) - Copper prices soared Tuesday as labor strikes pressured some of the largest copper mines in Chile, which supplies one-third of …
Bangladesh lose wicket in rain-hit Sri Lanka Test
KANDY, Sri Lanka, July 11, 2007 (AFP) - Tourists Bangladesh lost a second wicket in the 20 minutes of play possible between lunch and tea on the opening day of …
Sri Lanka claims capture of Tamil Tiger jungle base
July 11, 2007 (AFP) - Sri Lankan troops captured on Wednesday the jungle "nerve centre" of Tamil Tiger guerrillas in the east of the island after months of …
Power Seed
July 11, 2007 (LBO) – Sri Lanka is seeking Indian support to develop bio-diesel plants in the island's Puttalam region, north of the capital Colombo, a …
Sri Lankan industrialists concerned about slowing economic growth
July 11, 2007 (LBO) – Sri Lanka's top industrialists have expressed concern over the noticeable slowing down of economic growth and delays in legislating …
Living Daylights
July 10, 2007 (LBO) – SriLankan airlines will fly only during daytime till mid-September, to ensure that connections are available to other airlines and …
Sri Lanka tea firms lose on wage hikes and strikes
July 10, 2007 (LBO) – A pay hike wrested by workers with a strike on Sri Lanka's tea estates last year has taken its toll on two more plantations …
Tax Pain
July 10, 2007 (LBO) – Sri Lanka's exporters have warned that delays in tax refunds and disbursements of export cess were hurting overseas marketing …
Phone Charges
July 10, 2007 (LBO) – Sri Lanka Telecom has said it plans to switch to a time-based tariff structure from a unit-based one as part of a court settlement …