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Musk ditches $44-bn Twitter takeover

BusinessTags: Print EditionElon Musk, the chief executive officer of Tesla and the world’s richest person, said on Friday he was terminating his $44-billion deal to buy Twitter because the social media company had breached multiple…

IMF approves US$ 638 mn for Benin

BusinessTags: Print EditionWashington, DC: On July 8, 2022, the Executive Board of the International Monetary Fund has approved 42-month arrangements under the Extended Fund Facility (EFF) and the Extended Credit Facility (ECF) for…

SLAITO ensures safety of tourists

BusinessTags: Print EditionDespite the political unrest and economic downturn Sri Lanka Association of Inbound Tour Operators (SLAITO) ensures that the country remains peaceful and all tourists that are in the country. The present…

SriLankan denies cancellation rumours

BusinessTags: Print EditionSriLankan Airlines would like to correct certain false information circulating in the media about the possible cancellation of a host of SriLankan Airlines’ flights due to the ongoing fuel shortage in Sri…