Struggling Pizza Hut chain to be sold for $2.7bn
Yum! Brands is selling its struggling Pizza Hut chain in a deal worth $2.7bn (£2bn), the company has announced. Yum!…
Category: Business
Market stages strong recovery as ASPI surges over 740 points on renewed buying interest
The Colombo Stock Exchange recorded a powerful rebound on 15th June 2026, with both benchmark indices posting substantial gains as…
LAUGFS gas prices remain unchanged
LAUGFS Gas PLC has announced that domestic LPG prices will remain unchanged for June despite rising global procurement costs, supply…
Earnings optimism lifts CSE as ASPI gains over 111 points
The Colombo Stock Exchange closed on a strong positive note on 29th May 2026, supported by renewed investor confidence following…
Rupee slides as US Dollar surpasses Rs. 338 mark
The Sri Lankan Rupee has weakened further against the US Dollar, with the selling rate surpassing the Rs. 338 mark,…
Market ends mixed as cautious sentiment persists amid global uncertainty
The Colombo Stock Exchange ended today’s session on a mixed note, with both indices fluctuating within a narrow range as…
CSE extends rally for third consecutive session amid strengthening investor confidence
The Colombo Stock Exchange continued its upward trajectory on 17th April 2026, marking a third consecutive day of gains as…
Sri Lanka records nearly 15 million local malware attacks in 2025: Kaspersky
Sri Lanka recorded 14,960,244 local malware incidents in 2025, with 37.4% of users affected by threats spread through removable media…
Record entrepreneur loans expected in 2026: Sunil Handunneththi
Industry and Entrepreneurship Development Minister Sunil Handunneththi, announced that 2026 will witness the highest number of loans granted to entrepreneurs…
Market dips on weak sentiment
The Colombo Stock Exchange commenced the week on a negative note on 30th March 2026, with the ASPI declining by…