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- www.ft.lk - Category : Business - Relavancy : 0.06536122

A goat’s best friend is Mervyn! The populace has been cruel to him. Ok, to the goat too, but I am talking about a man willing to be incarcerated just to liberate a hapless animal. Thankfully, the President interceded and saved the day for both. The Minister had promised to defy a Court order and ...

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- www.ft.lk - Category : Business - Relavancy : 0.03268061

‘Shakthi’ fundraiser by Emerge Lanka Foundation today   ‘Shakthi, a Celebration of Femininity,’ a fundraiser for Emerge Lanka Foundation to spread awareness about sexual assault/abuse through artistic avenues, will be held at Barefoot Café today, 21 July, from 6 to 10 p.m. Emerge Global is dedicated to empowering young women around the world who have ...

- www.ft.lk - Category : Business - Relavancy : 0.03268061

A solution for loss-making SOEs? In the USA, a new corporate entity referred to as a Benefit Corporation (B-Corp) has been brought into being. The states of Maryland, New Jersey, Virginia, California and Vermont have legislation which permits companies to combine the profit motive with the purpose of making a positive impact on society and ...

- www.ft.lk - Category : Business - Relavancy : 0.087148294

Reuters: Authorities in the world’s major economies are preparing for a possible market storm or public panic after cliffhanger Greek elections this weekend, officials said on Thursday, should radical leftists win and cast doubt on the nation’s future in the euro zone . Britain announced on Thursday it would flood its banking system with cash ...

- www.ft.lk - Category : Business - Relavancy : 0.06162315

Peter Kropotkin is a Russian revolutionist who has commented in his book ‘The Conquest of Bread’ what he considers to be the weaknesses of the economic systems of capitalism and how poverty and scarcity thrives on. However, Kropotkin did not believe in the theory of state and is known as an anarchist. The issue of ...

- www.ft.lk - Category : Business - Relavancy : 0.03268061

By Damien The Secretary to the treasury Dr. P.B Jayasundera recently made statement that the country is wasting the foreign currency on things that can be made in this country. I would like to add to this by stating that as a country we should have clear targets and policies that are aimed at both ...

- www.ft.lk - Category : Business - Relavancy : 0.038127378

The challenges Sri Lanka has to face in its march towards development are manifold. Although the war has ended the wrong political ideologies, the proposals and timetables it created are still in operation. By Government Information Department Additional Director General Chandrapala Liyanage Similarly, various social activity groups and individuals and organisations operating under the advice ...

- www.ft.lk - Category : Business - Relavancy : 0.038127378

With the recent relaxing of the rupee exchange rate and subsequent increase in fuel prices, trade unions and the opposition parties are conducting protest campaigns against the Government, demanding a reduction in oil prices and the cost of living. This article investigates the living conditions of citizens in the recent past and present, quality and ...

- www.ft.lk - Category : Business - Relavancy : 0.09243472

Reuters: Greece claimed a major success for its bond swap offer to private creditors on Friday after it won heavy acceptance for a deal that averts the immediate risk of an uncontrolled default on its massive public debt.  The finance ministry said 85.8 percent of its 177 billion euros in bonds regulated under Greek law ...

- www.ft.lk - Category : Business - Relavancy : 0.3254141

Reuters: A planned referendum in Ireland and a German court ruling cast new uncertainty on Tuesday over efforts to overcome the euro zone’s debt crisis, just when a flood of central bank money appeared to be calming financial markets.  Ireland’s prickly electorate, which has twice

- www.ft.lk - Category : Business - Relavancy : 0.07307607

Benito Mussolini, the fascist ruler of Italy, during World War II, said that his brand of fascism ‘should be more appropriately called Corporatism, because it is a merger of state and corporate power’. Compare this with the dictionary definition of capitalism: ‘A system in which a country’s business and industry are controlled and run for ...

- www.ft.lk - Category : Business - Relavancy : 0.09243472

Brent hits six-month high of $ 116.70 per barrel Brent widens spread above US oil to over $ 20 Iran-West tension, supply worries supporting Brent LONDON (Reuters): Brent crude oil rose above $ 116 per barrel to a six-month high on Tuesday as threats from Iran to ban exports to some European states stoked supply ...

- www.ft.lk - Category : Business - Relavancy : 0.054467686

Reuters: President Nicolas Sarkozy used a primetime television interview on Sunday to flesh out a flurry of measures to boost employment and competitiveness which he hopes to rush through France’s parliament before a presidential election in April. Sarkozy, who is running far behind Socialist challenger Francois Hollande in opinion polls for the election, said he ...

- www.ft.lk - Category : Business - Relavancy : 0.10893537

LONDON (Reuters): Mass euro zone ratings downgrades are unlikely to shake up investors too much, but with Greek debt talks at an impasse, pressure has been loaded on the bloc to shore up its defences and glimmers of optimism from last week have been firmly doused.  With the United States and Japan already downgraded from ...

- www.ft.lk - Category : Business - Relavancy : 0.07702894

SINGAPORE (Reuters): In a small lab, tucked away in the depths of a Singapore university campus, a team of researchers and their computers calculate the credit ratings of about 50,000 companies. Relying just on public data and stock price movements for their analysis, the project’s founder, professor Jin-Chuan Duan, is confident their system can provide ...

- www.ft.lk - Category : Business - Relavancy : 0.15250951

Reuters) – European Central Bank President Jean-Claude Trichet said the European Union’s treaty should be changed to prevent one member state from destabilising the rest of the bloc, and urged stronger governance of the euro zone. “In my view it is necessary to change the treaty to prevent one member state from straying and creating ...

- www.ft.lk - Category : Business - Relavancy : 0.087148294

Sept food prices hit by falls in world grain, sugar and oils prices FAO ups 2011 cereals estimate Cereal markets likely to remain tight in 2011, 2012-FAO MILAN, (Reuters): World food prices fell 2 percent in September, reflecting higher grain supplies and weakened demand, the United Nations’ food agency said on Thursday, easing inflation concerns ...

- www.ft.lk - Category : Business - Relavancy : 0.076254755

Reuters) – China’s trade surplus fell sharply in August as exports pulled back from a record high and imports jumped, indicating the world’s second-largest economy is feeling the pinch from weaker global growth while domestic demand remains resilient. China’s exports rose 24.5 percent in August from a year earlier, accelerating from the 20.4 percent rise ...

- www.ft.lk - Category : Business - Relavancy : 2.267072

Brand Finance plc, the worlds leading independent brand valuation consultancy, yesterday revealed the impact of the economic crisis on the 100 leading Global and US brands. Tougher legislation, sluggish activity in the corporate market and on-going fears regarding exposure to sovereign debt

- www.ft.lk - Category : Business - Relavancy : 0.09243472

JACKSON HOLE: Central bankers gathered at an annual retreat in Jackson Hole, Wyoming, this weekend had a message for political leaders: monetary policy alone can’t keep the global expansion going. Federal Reserve Chairman Ben S. Bernanke urged adoption of “good, proactive housing policies” to reverse the depressed US real estate market and warned lawmakers to ...

- www.ft.lk - Category : Business - Relavancy : 0.087148294

The Economist Intelligence Unit: Asia's consumers are demanding and difficult to please. But they are getting richer, and they might help to save the world from a protracted recession, as well as bring about a long-overdue economic rebalancing. For Western multinationals, Asian consumer markets offer exciting growth opportunities. Despite the challenges of reaching Asian consumers ...

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