Economy



Sri Lanka warned over mounting foreign debt

COLOMBO: Sri Lanka’s economy was among the fastest growing in Asia, but it was vulnerable to sudden external shocks due to high levels of foreign commercial borrowings, the IMF said Wednesday.








UK bankers’ bonus: Tough rules on way

LONDON: British banks will be able to claw back employee bonuses up to seven years later if the recipient is found guilty of serious recklessness, the Bank of England announced.



Britain to test driverless cars next year

LONDON: British officials says driverless cars will be tested on roads in as many as three cities in a trial program to begin in January




SITA gets smart with boarding passes

Airlines can now offer their ultra tech-savvy passengers the chance to board their flight with a mere flick of their wrist and scan of their smartwatch.

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