Fitch Affirms Sri Lanka's Co-Operative Insurance at 'BBB+(lka)'; Outlook Stable

Colombo (Sri Lanka) August 18: Fitch Ratings has affirmed Sri Lanka-based Co-Operative Insurance Company Limited's (CICL) National Insurer Financial Strength (IFS) Rating at 'BBB+(lka)'. The...

These cities have the highest sales taxes in the US

Chicago (USA) August 18: Chicago is known as "The Second City" - but when it comes high sales taxes, it's number one.

Europe in crisis mode, Germany's in trouble: Andy Brenner

New York (USA) August 18: The health of Europe's largest economy is in trouble as Germany teeters on the edge of a recession.

Yemen rebel drone attack targets remote Saudi oil field

New York (USA) August 18: Drones launched by Yemen's Houthi rebels attacked a massive oil and gas field deep inside Saudi Arabia's sprawling desert on...

Russian businessman Prokhorov sells NBA Brooklyn Nets to Canadian billionaire Tsai

Moscow (Russia) August 17: Russian businessman Mikhail Prokhorov has signed a deal to sell the Brooklyn Nets basketball team to Canadian billionaire Joseph Tsai, the...

Mom, daughter kicked off Air Canada plane, not told they're banned from...

Ottawa (Canada) August 17: A Quebec woman wound up spending nearly $8,000 in airline tickets to fly herself and her daughter home after Air Canada...

Army football star Brett Toth signs with Eagles: What he could earn...

Washington (USA) August 17: Former Army football standout Brett Toth is set to join the NFL's Philadelphia Eagles after senior leadership granted him a waiver...

Where Trump will donate his second-quarter salary

Washington (USA) August 17: The White House confirmed on Friday that President Trump will donate his salary from the second quarter of the year...

Gemstones and jewelry omitted from Union Tax Bill 2019

Naypyitaw (Myanmar) August 16: Gemstones and jewelry have been omitted from the special commodities list in the 2019 Union Tax Bill submitted to the Pyidaungsu...

Mandalay-Muse trade route hit by insurgent attacks

Naypyitaw (Myanmar) August 16: The Mandalay-Muse route, a major trading route between Myanmar and China, has been shut down after an attack on Thursday morning...

If you have this Ford transmission, there's something you should know

New York (USA) August 16: Certain Ford Fiestas and Focuses are getting extended warranties for their troubled automatic transmissions.

Is a recession really coming? What other telltale signs are showing

New York (USA) August 16: Fears of an impending recession spiked on Wednesday, when, for the first time in 12 years, a closely watched spot...

Construction industry hoping for less taxes

Naypyitaw (Myanmar) August 15: The construction industry is hoping for lower taxes for the industry, which had been lobbied for last year but was not...

Malaysian bank branch provides US$3m loan to microfinance fund

Naypyitaw (Myanmar) August 15: Kuala Lumpur-based Malayan Banking Berhad (Maybank) has signed an agreement with Hayman Capital, a Myanmar microfinance institution (MFI), to provide US$3...

Need a cheap mortgage rate? Try this Danish bank - it's less...

Copenhagen (Denmark) August 15: Danish people hoping to get on the housing ladder were given a boost earlier this month when one of the country's...

These students joined Shallum Xavier to create a patriotic song for Independence...

Islamabad (Pakistan) August 15: Every year, we get a new track or two which celebrate Pakistan and this year is no different.

Stock markets sell off as inverted yield curve in bond market prompts...

Ottawa (Canada) August 15: When the U.S. Federal Reserve cut interest rates last month for the first time in more than a decade, it signalled...

Is new NFL, Jay Z partnership an illegal formation?

New York (USA) August 15: No one is officially throwing any flags yet, but the NFL's announcement Wednesday of a broad partnership with music mogul...

Exports through Muse down by a third

Naypyitaw (Myanmar) August 14: A crackdown by China on illegal trade along the vital Muse border crossing located in northern Shan State as well as...

SMEs need policies tailored for growth to flourish: MRCCI

Naypyitaw (Myanmar) August 14: The Mandalay Region government needs to have specific policies to boost small-and-medium enterprises (SMEs) in order to attract and grow high-skilled...

Mines Ministry Makes Progress In Talks On Key Projects

Kabul (Afghanistan) August 14: The Ministry of Mines and Petroleum has made progress in discussions on contracts for five projects worth $350 million, a spokesman...

Amazon, Microsoft war cloud race: Pentagon watchdog looking into potential 'misconduct'

New York (USA) August 14: The Pentagon's Office of the Inspector General on Tuesday released information about its review of the lucrative Department of Defense...

BAT Korea launches 'less risk' hybrid e-cigarette

Seoul (South Korea) August 13: British American Tobacco (BAT) Korea on Tuesday launched a new hybrid e-cigarette product to capture a share of the growing...

Lanxess Korea CEO owes long tenure to Korean chemical industry's growth

Seoul (South Korea) August 13: In a business world where the lifespan of corporate leaders is compared to that of mayflies, Ko Je-woong, the chief...

S. Korean flights to Hong Kong back to normal

Seoul (South Korea) August 13: South Korean airlines on Tuesday resumed their services on the routes to Hong Kong following an unprecedented closure of the...

Brits spent €4bn stockpiling goods in case of a no-deal Brexit

London (UK) August 13: With a prospect of a no-deal Brexit increasingly likely, British residents are preparing for what may arise after leaving the EU.

New White House immigration rule: How will your taxes be impacted?

Washington (USA) August 13: A new White House rule that requires foreigners seeking to enter the U.S. disclose their use of public benefits would save...