Acer aims to top global PC market in 2011
ZURICH (Reuters) – Acer, now the world’s second-largest PC vendor, hopes to clinch the top spot from rival HP next year, the Taiwanese company’s chief executive told a Swiss newspaper on Sunday.
Rak Airways to start Cairo flights
Ras Al Khaimah national carrier, RAK Airways, has announced plans to launch flights to Egyptian capital Cairo starting from 15 December. Cairo is RAK Air’s fifth destination.
Disaster-resistant development
THE Budget was passed in its second reading on Monday evening. However the intent is not to debate the pros and cons of what is in the document but rather to concentrate on what is not. Many politicians over the past few weeks have spoken for and against the increase of salaries. Ostensibly this is to give the common man an edge and drive poverty down. However, the deluge of rains that have been regularly submerging Colombo has put thoughts in another direction. This flow outlines the need for governments and other stakeholders to be more aware of how natural disasters affect poor people.
Federer beats Nadal to win ATP World Tour Final
LONDON (Reuters) – Roger Federer sent a timely reminder to Rafael Nadal on Sunday, out-gunning the world number one to win the ATP World Tour Finals with an irresistible display of attacking tennis.
Quarterly Earnings Review by Acuity Stockbrokers
Acuity Stockbrokers has come out with a quarterly earnings review of 217 reporting listed companies. Here are excerpts of the report.
Today’s Front Page 29-11-2010
Pakistan, Sri Lanka ties reach new high

Visiting Pakistan President Asif Ali Zardari chats with President Mahinda Rajapaksa yesterday in the background as the Ministers of Foreign Affairs of the two countries Prof. G.L. Pieris and Makhdoom Qureshi sign the MoU for the abolition of visa for holders of diplomatic and official passports.
It’s no Irish joke!
Until around 2006, Ireland was considered as an economy to be emulated, given the knowledge-based businesses it built and its ability to attract leading multinationals away from other European capitals.Fast forward 2010, Ireland’s external debt is in excess of 10 times its GDP and it is desperately seeking a bailout. It all seems the usual story.
Ship agents refute exporters’ claim of Rs. 7 b loss over THC
The country’s ship agents last week refuted claims by exporters that the latter were suffering a Rs. 7 billion loss owing to the long standing contentious Terminal Handling Charge (THC).
Corporate earnings up 170% to Rs. 35 b in Sept. Qtr.
CORPORATE earnings reported for the quarter ended September 2010 of 217 listed entities record a year on year growth of 170% as against the market earnings of September 2009 reaching Rs. 35 bn as against Rs. 13 bn in September 2009 continuing to build on the turnaround triggered in the latter half of 2009.



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