Renault-Nissan CEO rules out merger between companies
YOKOHAMA, Japan, (Reuters) – Carlos Ghosn on Friday ruled out a merger between Renault and Nissan, the two auto giants he heads, but said he would review the capital structure of the partnership after pressure from investors in the struggling French car maker.
hSenid Mobile’s “Telco App Store” debuts at GSMA Mobile World Congress 2011
At this year’s GSMA Mobile World Congress, the industry’s largest and most important event attracting over 50,000 senior executives, hSenid Mobile showcased the unique “Telco App Store” that is provide Telecom Operators the opportunity to claw their way back in the Mobile Apps market.
Afridi relishing life as Pakistan campaign picks up pace
COLOMBO (Reuters) – Just a week ago, few would have slated Pakistan among the World Cup favourites — but that was a week ago.
Deputy Minister urges SLPA’s executive officers to play developmental role
Deputy Minister of Port and Highways Rohitha Abegunawardhane stated that Port Executive Officers should be ready to accept the developmental challenges and Government financial resources should be utilised in the right way.
CMA CGM upgrades PEX 2 service
CMA CGM Group last week announced the upgrading of its PEX 2 service currently linking Asia, Mexico and the Caribbean.
Global banks warn of oil shortage, growth impact
Major banks warned on Thursday Opec needs to act as oil prices near levels that could derail economic recovery and that an output loss from another producer after Libya would lead to global shortages and demand rationing.
Chunnakam sees LB Finance consolidating presence in Jaffna
Financial powerhouse LB Finance unveiled its second branch in the Jaffna Peninsula when it opened in Chunnakam recently, signalling its intent to emerge as a key factor in the northern district’s re-development drive.
Sri Lanka need Murali and Malinga to hit ground running
(Reuters) – If Sri Lanka are to have any chance of becoming the only Asian team to win two World Cups in the sub-continent, they need their two chief weapons, Lasith Malinga and Muttiah Muralitharan, to find their form — fast.
Maersk Line orders 10 ‘Triple-E’ mega-ships
Maersk Line has signed a contract for 10 of the world’s largest, most efficient container vessels with an option to buy another 20. The vessels will have a capacity of 18,000 TEU and will be delivered from Korea’s DSME shipyard from 2013 to 2015.
The controversial oil hedge of CPC: An exercise of power without responsibility
By Eran Wickramaratne
In a democracy the sovereignty of the people is exercised in the final analysis by its voters who hold its rulers accountable. In a Corporate, management is held responsible for its decisions by the Board of Directors. The Directors are answerable to Shareholders.
• 
