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Category: Business

YouTube CEO says people are discovering different kinds of videos as the pandemic rages
Business World

YouTube CEO says people are discovering different kinds of videos as the pandemic rages

27/05/20205 min read

In between all the music performances and prank videos that are staples of YouTube’s trending video section, there are a few that would have made no sense

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EU plans to raise $1241.40 billion to aid recovery from the coronavirus recession
Business World

EU plans to raise $1241.40 billion to aid recovery from the coronavirus recession

27/05/20202 min read

The European Commission has proposed giving hundreds of billions of euros to EU countries that have seen their economies devastated by the coronavirus pandemic, a massive relief

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France announces $13.20bn rescue plan for car industry
Business LOCAL

France announces $13.20bn rescue plan for car industry

27/05/20201 min read

The French government has announced an $13.20bn ($13.16bn) rescue plan for its car industry, which has been severely impacted by the coronavirus pandemic. President Emmanuel Macron’s

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Seylan Bank records Rs. 902 Mn Profit-after-Tax in Q1 2020
Business LOCAL

Seylan Bank records Rs. 902 Mn Profit-after-Tax in Q1 2020

27/05/20202 min read

Seylan Bank recorded a Profit after Tax of Rs. 902 Million in Q1 despite challenging market conditions. Net interest income increased by 7.28% during the

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Rolls-Royce to cut 9,000 jobs amid virus crisis
Business World

Rolls-Royce to cut 9,000 jobs amid virus crisis

21/05/20201 min read

Rolls-Royce has said it will cut 9,000 jobs and warned it will take “several years” for the airline industry to recover from the coronavirus pandemic.

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PickMe App creates opportunity for a marginalised community
Business LOCAL

PickMe App creates opportunity for a marginalised community

21/05/20202 min read

Vesak week brought another first for PickMe when they delivered hundreds of lanterns to a locked-down urban populace. The taxi-hailing app company offered its platform

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Amãna Bank continues profit momentum in Q1. Records strong growth in deposits
Business LOCAL

Amãna Bank continues profit momentum in Q1. Records strong growth in deposits

21/05/20203 min read

Amãna Bank achieved a commendable Q1 performance in 2020, which saw its customer deposits grow by Rs 5.4 billion or by 8% to close the

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S&P SL20 index records its highest daily percentage gain in history
Business LOCAL

S&P SL20 index records its highest daily percentage gain in history

21/05/20201 min read

The S&P SL20 Index of the Colombo Stock Exchange (CSE) today (21) marked its highest daily percentage gain in CSE history. The S&P SL20 Index

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Coronavirus may push 60 million into ‘extreme poverty’ – World Bank
Business World

Coronavirus may push 60 million into ‘extreme poverty’ – World Bank

21/05/20203 min read

The COVID-19 pandemic will drive up to 60 million people into extreme poverty, the World Bank warned on Tuesday. World Bank Group President David Malpass,

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Foreign outflows from local bond markets continues
Business LOCAL Main Story

Foreign outflows from local bond markets continues

20/04/20201 min read

The outstanding stock of treasury bills and bonds held by foreigners declined by 13.75 percent or Rs 5 billion during the week ending April 15,

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ABOUT US

www.independent.lk is the on-line portal of the Ceylon Independent Newspaper – Sri Lanka’s first free-of-charge weekend newspaper.
The Ceylon Independent is a victim of the global pandemic, Covid-19. We were forced to stop publication when anchor advertisers pulled out their contracts with the downturn in business.
We remain positive that a return to the printed version will restart soon.
In the meantime our web site provides opportunities for budding journalists, commentators of politics, the environment and the public interest especially in terms of corruption and the impact on the people of the country. We welcome articles from everyone – experience, inexperienced – whoever. The basic premise must be that what you supply is verifiable and factual. Send to ceylonindy@protonmail.com
Please consider sponsoring / financially supporting this space in order that we continue to uphold the necessity for fine, independent journalism. Sponsorship and donations may be made in full confidence if required.

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