Category: Industry
” sanctions
PARIS, Sept 13, 2007 (AFP) – McLaren boss Ron Dennis has refused to accept the FIA’s decision to strip his team of their 2007 constructors’ championship points for their involvement in the Formula One spy saga. Formula One’s governing body has also fined the British team 100 million dollars for incorporating illegally obtained Ferrari intellectual […]
Kenya elect to field against Sri Lanka
JOHANNESBURG, Sept 14, 2007 (AFP) – Kenya captain Steve Tikolo won the toss and sent Sri Lanka in to bat in a group C match of the Twenty20 world championships at the Wanderers here on Friday.Kenya need a win to stay in contention for the Super Eights round after losing their first game to New […]
Sri Lanka thrash Kenya for highest T20 total
JOHANNESBURG, Sept 14, 2007 (AFP) – Sri Lanka went on a spectacular run spree to post the highest Twenty20 total of 260-6 in the world championship match against hapless Kenya here on Friday.Veteran Sanath Jayasuriya led the way with 88 off 44 balls and captain Mahela Jayawardene hit 65 off 28 before Jehan Mubarak smashed […]
Price War
Sept 13, 2007 (LBO) – The bunker fuels subsidiary of John Keells Holdings, a top money-spinner of the group, looks set to face heightened competition with a rival supplier in Colombo port threatening to cut prices. The Sri Lanka Shipping Group, which sells ship fuel through its bunkering subsidiary, Lanka Maritime Services, has said it […]
Peak Price
SINGAPORE, Sept 13, 2007 (AFP) – Crude oil prices weakened in Asian trade Thursday on profit-taking after scaling new peaks on concerns over tight US supplies and hurricane worries, dealers said. At 10:35 am (0235 GMT), New York’s main contract, light sweet crude for October delivery dropped 25 cents to 79.66 US dollars a barrel […]
Gas Market
Sept 13, 2007 (LBO) – Lanka Auto Gas and Fuel Systems (LAUGFS) plans to set up a gas storage terminal in southern Galle at a cost of 12 million dollars, a top official said. Laugfs decided to build their own terminal because the liquid petroleum gas market was growing and also because of difficulties in […]
‘s winter Sri Lanka tour could begin early
COLOMBO, Sept 13, 2007 (AFP) – The first of England’s two winter tours to Sri Lanka will start earlier than planned if they fail to reach the World Twenty20 semi-finals, a senior Sri Lanka Cricket official said Thursday.“They have asked if we have any objections to their coming early. We have said no objections,” the […]
New High
VIENNA, Sept 11, 2007 (AFP) – OPEC exporters agreed Tuesday to pump an extra 500,000 barrels of oil a day to cool near-record crude prices, in a victory for Saudi Arabia over its reluctant partners.Analysts said that while the gesture would ease fears about a supply crunch heading into the northern hemisphere winter, the peak […]
Fleming sacked as New Zealand Test captain for Vettori
WELLINGTON, Sept 12, 2007 (AFP) – Stephen Fleming has been dumped as New Zealand Test captain after a decade in favour of one-day skipper Daniel Vettori. Fleming led the one-day team to 98 wins from 218 games over the past 10 years.He played 279 one-dayers, scoring 8,007 runs — the highest total of any New […]
Mobile Medicine
Sept 12, 2007 (LBO) – A service to channel doctors via mobile phones has won an international technology and customer service award, the ICT firms that run it in Sri Lanka said. EChannelling a listed company that started a web-based medical appointment service and Sri Lanka’s largest celco, Dialog Telekom had won the Innovative Technology […]
Monkey Bridge
NEW DELHI, Sept 12, 2007 (AFP) – Thousands of right-wing Hindus launched protests across India Wednesday against a plan to create a sea lane which they say would destroy the links between a revered string of islands. The half-billion-dollar project would allow ships to travel around the southern tip of India without having to skirt […]
Country Head
Sept 11, 2007 (LBO) – Bhart Airtel has appointed Olof Haag, a former Ericsson executive, as the country head for Sri Lanka, the company said Tuesday. Haag would be the Chairman of Bharti Airtel Lanka (Pvt) Ltd, Sri Lanka’s fifth mobile operator which is due to start operations early in 2008. “I am confident that […]