More than £12billion was wiped off the value of Apple yesterday after its latest iPhone was rendered unusable by a software update. The 3.5 per cent drop in the share price meant the company’s stock lost all gains it had made since launching the iPhone 6 and iPhone 6 Plus last week. Users of the…
Signs agreement with the BOI for US$ 33 million initial investment Royal Asian Cruises signed an agreement with the Board of Investment to launch a luxury cruise line in Sri Lanka. The cruise line will cater to the global leisure travel markets with special emphasis on the Indian and Sri Lankan diaspora and the European…
The boss of Virgin Group, Sir Richard Branson, is offering his personal staff as much holiday as they want. On his website, he said that his staff of 170 could “take off whenever they want for as long as they want”. He added that there was no need to ask for approval, nor say when…
The most prominent casino owner and the wealthiest businessman in Sri Lanka, Dhammika Perera and Ravi Wijeratne another Sri Lankan who is preparing to start business in partnership with James Packer have been listed among the Top 50 for 2014 by the Asian Gaming magazine. While Dhammika Perera is 26th in the list and Ravi…
The Galle Dutch Hospital which was refurbished by the Urban Development Authority and transformed into a new shopping complex, was declared open by President Mahinda Rajapaksa a short while ago. A union of old world charm and modern sophistication, it will house 21 exclusive stores featuring world renowned brands that offer a unique collection of…
A WOMAN who risked her life tasting food to save the world’s most evil man, Adolf Hitler, has revealed how she used to “cry like a dog” when she realised she had survived another meal. Margot Woelk, 96, was the only one of 15 girls in the “poison brigade” to survive the final years of…
A ship capable of transporting liquid petroleum gas (LPG) has been ordered by Laugfs Gas at an investment of USD 6.9 million and the company would take delivery of this ship very soon, Laugfs Group Chairman W.K.H. Wegapitiya told AdaderanaBiz.lk This ship ordered from Europe is capable of carrying around 7,000 metric tons of gas…
IT’S good to be the king. But it’s infinitely better to be the casino king. No constitutional commitments. No royal responsibilities. James Packer had not one but two women knocking the kinks out of him during a lazy afternoon on his luxury yacht off Menorca, Spain, this week. While one female member of the billionaire’s…
“I wish to inform the public that I, along with my family members Ajit Gunewardene and Ruchi Gunewardene, have disposed all of our shares in Odel Plc this morning [11 September] to the Softlogic Group. “I believe that the sale of our shares to the Softlogic Group is in the best interest of Odel Plc, and a…
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