Category:
‘s billionaires face daily struggle to make ends meet
HARARE, June 27, 2008 (AFP) – The prices at Dzidzai Guti’s makeshift stall can seem eye-popping, with rotting oranges, a pack of cigarettes and bananas fetching as much as 250 million Zimbabwean dollars.But the 27-year-old gardener struggles.He and his wife, who works as a maid, live in a room in the back of his boss’s […]
‘s Sangakkara, Muralitharan win Castrol awards
June 27, 2008 (LBO) – Sri Lankan cricketers Kumar Sangakkara and Muttiah Muralitharan won the Castrol Asian Batsman and Bowler award in test cricket at a function held in Karachi Friday. India’s Sourav Ganguly became the first recipient of the Castrol Asian Cricketer of the Year Award, a company statement said. “Ganguly has had a […]
Sri Lanka Cricket pays off debts with TV rights proceeds
June 27, 2008 (LBO) – Sri Lanka Cricket, the island’s richest sporting body, said it has paid off its debts with proceeds from the sale of television rights for the forthcoming tour in the island by India. The board lost 11 million dollars when South Africa pulled out of a triangular one-day series in 2006, […]
‘s Mendis career-best bowling helps down UAE
LAHORE, June 26, 2008 (AFP) – Unorthodox spinner Ajantha Mendis took a career-best 5-22 to help Sri Lanka overcome a fighting United Arab Emirates by 142 runs in the final Group A match played at the Gaddafi Stadium here on Thursday. Mendis triggered a collapse in the UAE batting ranks as the qualifiers lost eight […]
Sri Lanka stocks becalmed
June 26, 2008 (LBO) – Sri Lanka stocks closed flat Thursday with foreign transactions in conglomerates helping to prop up turnover, brokers said. The overall market was barely changed with the All Share Price Index down 0.03 percent (0.71 points) to end at 2,479.21 while the more liquid Milanka edged up 0.33 percent (9.95 points) […]
Sri Lanka in move to form tea producers group
June 26, 2008 (LBO) – Sri Lanka is to join a global forum of major tea producing countries, Tea Board chairman Lalith Hettiarachchi said. Most major tea producing countries have signed a memorandum of understanding to form the International Tea Producers Forum (ITPF) which will focus on issues of concern to producers, he said. The […]
Writing Prize
June 26, 2008 (LBO) – Journalists who write on issues related to institutions of a free society, free markets and sound science have until June 30, to submit their work and win 15,000 US dollars in prize money, a top think thank has said.The International Policy Network’s (IPN) Bastiat Prize for journalism is inspired by […]
Sri Lanka says 59 Tigers killed in two days of fighting
June 26, 2008 (AFP) – At least 59 Tamil Tiger rebels and government soldiers have been killed in the latest fighting in Sri Lanka’s north, the defence ministry said Thursday. Heavy fighting since Tuesday left 57 Tiger guerrillas and two soldiers killed in separate clashes across the districts of Vavuniya, Mannar, Mullaitivu and Jaffna, the […]
Plane flies past destination as pilots doze: report
NEW DELHI, June 26, 2008 (AFP) – An Air India flight headed for Mumbai overshot its destination and was halfway to Goa before its dozing pilots were woken out of a deep slumber by air traffic control, a report said.The high altitude nap took place approximately two weeks ago, the Times of India reported Thursday. […]
Sri Lanka station wins two awards from Emirates
June 26, 2008 (LBO) – The passenger and cargo operations of Emirates in Sri Lanka have won two of the carrier’s global performance awards in 2007-08, the airline said in a statement. It received the Outstanding Achievements Award in the Passenger category and the Best GSA Award from Emirates SkyCargo at Emirates’ worldwide, annual commercial […]
Google helps advertisers figure out website demographics
SAN FRANCISCO, June 25, 2008 (AFP) – Google has introduced a tool that lets advertisers figure out which websites their ideal customers are inclined to visit.“Google Ad Planner” lets advertisers enter demographics they wish to target and then returns a list of websites likely to appeal to people with those characteristics. “We hope you’ll find […]
US defense secretary enters air tanker controversy
WASHINGTON, June 25, 2008 (AFP) – US Secretary of Defense Robert Gates was scheduled to meet Wednesday with officials in charge of Pentagon and Air Force purchases to discuss the controversial 35-billion-dollar refueling tanker deal. On June 18 the US Government Accountability Office (GAO), the investigative arm of Congress, backed a protest by aerospace giant […]