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Sri Lanka expects FDI to jump to £1.05bn with India taking lead

Sri Lanka is expecting foreign direct investment inflows to rise by a fifth to $1.3 billion (£1.05bn) this year, a government official said on...
Business

Solar power investment to exceed oil production for the first time: IEA

The International Energy Agency (IEA) announced on Thursday (25) that investment in clean energy is projected to further surpass spending on fossil fuels in...
Business

Jaguar to pick UK over Spain for battery plant: Report

Tata Motors, the Indian owner of carmaker Jaguar Land Rover, is set to select Britain over Spain to for a giant battery plant employing...
Business

UK offers £500m package to Jaguar Land Rover to set up battery giga-factory

BRITAIN’S government has offered incentives worth £500 million to help Jaguar and Land Rover set up a new electric battery “giga-factory”. Chancellor of Exchequer Jeremy...
Business

UK annual inflation slides to 13-month low

BRITAIN’S annual inflation rate fell sharply to a 13-month low of 8.7 per cent in April with energy prices much weaker than a year...
Business

IMF no longer expects recession in Britain this year

The International Monetary Fund no longer expects a recession in Britain this year, it said on Tuesday (23), praising steps taken by the government...
Business

India’s latest currency note exchange less disruptive than 2016

In anticipation of a series of significant state elections, India is preparing for its second currency note exchange programme within a span of fewer...
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