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Probe finds snack maker tried to prevent products moving between countries so consumers could get lower prices
...Last year tea and coffee company Finlays sold its tea estates, which neighbour Lipton’s, to Sri Lankan group Browns Investments....
...In order to co-operate with the head office in promoting the implementation of new co-operation projects with Sri Lanka as soon as possible, the Party branch of the International Cooperation Department has...
...But in December an international bondholder committee that included fund firms BlackRock and Amundi said that “no substantive engagement has taken place between Sri Lanka and its private creditors”....
...Sri Lanka has yet to reach a deal with the commercial bondholders, which could yet slow down progress on the country’s economic recovery....
...Hamilton asserts that it is the beneficial owner of over $240 million in principal amount of Sri Lanka’s international sovereign bonds that were due in July 2022 (the “Bonds”)....
...The US International Development Finance Corporation (DFC) held a ceremony on Wednesday in Colombo to publicise the commitment....
...The delay threatens to slow Sri Lanka’s recovery from the worst economic crisis in its history....
...His successor, Ranil Wickremesinghe, is unpopular but has vowed to return Sri Lanka to normalcy....
...— In 2022, Fintech Holdings Ltd. acquired a troubled Puerto Rico bank, renaming it Hamilton International Reserve Bank LLC (“HIRB”)....
...Additionally, none of these countries can access the international bond markets for meaningful sums. Yet the IMF programme envisages that Sri Lanka will be back in the market in 2027....
...Amundi said it “fully supports the new criteria for the SRI label....
...Website; Directions Native, Singapore 52A Amoy Street, Singapore 069878 Singapore is a wonderful melting pot of cultures and uniquely positioned at the centre of so many international influences, but...
...Lankan conglomerate John Keells and the Sri Lankan Port Authority....
...He is now launching Collectors Circle, which for $1,200 a year (or $2,000 for a pair of subscribers) gives deeper guidance on how to navigate some of the art market’s quirks and offers the promise of an international...
...China: The country is about to move to monetary independence and in so doing it will destroy the current international monetary system, writes economic historian Russell Napier....
...Sri Lanka has since become a test case for how to juggle the challenges facing many distressed low- and middle-income countries....
...Piggybacking on international trade and colonialism, distinct tea cultures and strains of tea now stretch across six continents....
...The disposal of the retail unit, which has lower margins compared with its international car distribution arm, will help improve the group’s profitability....
...Samsung regained its position as the world’s largest smartphone maker by volume in the first quarter, according to market researcher International Data Corporation, just three months after Apple claimed...
...Since the US Supreme Court in 2018 struck down a federal law banning sports wagering, the US market has been seen as a new source of rapid growth, particularly for international betting companies that faced...
...When Oprah Winfrey announced in February that she would step down from the WW International board, shares in the company behind WeightWatchers dropped nearly 20 per cent, to their lowest point since it returned...
...Nadishani PereraExecutive Director, Transparency International Sri Lanka, Rajagiriya, Sri Lanka Leslie TsaiDirector of Integrity Programmes, The Chandler Foundation, Los Angeles, CA, US...
...Some 4.7bn people are expected to take to the skies in 2024, according to the International Air Transport Association. That is 200mn more than the pre-pandemic high set in 2019....
...This time, the painting has been cleared for export, confirms Pierre Etienne, international director of Old Masters at Christie’s....
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