Business Recorder

Sri Lankan shares rise on broad-based sectoral gains

Sri Lankan shares closed higher on Thursday, snapping a six-session losing streak, lifted by broad-based sectoral gains led by healthcare, energy and information technology stocks. The CSE All Share index settled up 0.21% at 21,833.77. Industrial …

#SriLanka #StockMarket #Economy

Business Recorder

Disney sends Baby Yoda to bring ‘Star Wars’ fans to theaters

LOS ANGELES: “The Mandalorian and Grogu,” the first “Star Wars” movie in seven years, heads to theaters this weekend as Walt Disney bets on the charm of Baby Yoda to re-energize the film franchise. Disney put the “Star Wars” movies on hiatus follo…

#StarWars #Disney

Business Recorder

Netflix to add Charlamagne tha God’s ‘The Breakfast Club’ as first daily live show

Netflix will stream “The Breakfast Club” radio show on weekdays from June 1, deepening its partnership with iHeartMedia and making the program the streaming giant’s first daily live show. The morning show, hosted by Charlamagne tha God, DJ Envy an…

#Netflix #TheBreakfastClub

Business Recorder

India’s Life Insurance Corp posts quarterly profit rise on strong retail demand

BENGALURU: State-owned Life Insurance Corporation of India reported a 23% rise in quarterly profit on Thursday, supported by a rise in premium collections on strong retail demand. The insurer’s net profit rose to 234.20 billion rupees ($2.43 billi…

#LIC #Economy

Business Recorder

Supreme Leader says enriched uranium must stay in Iran, Iranian sources say

DUBAI: Iran’s Supreme Leader has issued a directive that the country’s near-weapons-grade uranium should not be sent abroad, two senior Iranian sources said, hardening Tehran’s stance on one of the main U.S. demands at peace talks. Ayatollah Mojta…

#Iran #Uranium

Business Recorder

Pakistan steps up diplomatic bid to get US-Iran peace talks on track

DUBAI/WASHINGTON: Pakistan stepped up diplomatic efforts on Thursday to hasten U.S. and Iran peace talks , as Tehran said it was reviewing Washington’s latest responses and President Donald Trump suggested he could wait a few days for “the right a…

#Iran #UnitedStates

Business Recorder

CDA delays Supreme Court ruling on contractual employees’ regularisation

ISLAMABAD: The Capital Development Authority (CDA) has yet to implement a Supreme Court ruling declaring the regularisation of contractual and daily wage employees illegal, despite most federal ministries and departments already complying with the…

#SupremeCourt #CDA

Business Recorder

No full Hormuz flows until first half of 2027, UAE’s oil giant says

DUBAI: Full oil flows through the Strait of Hormuz will not return before the first or second quarter of 2027, even if the Middle East conflict ended now, the head of the United Arab Emirates’ state oil firm ADNOC said. The outlook is among the mo…

#OilAndGas #UAE

Business Recorder

Punjab bans dumping offal, pigeon flying near airports, airbases under Section 144

The Punjab government has imposed Section 144 across the province to secure all Pakistan Air Force (PAF) airbases and commercial airports for 30 days. The Punjab Home Department through a notification imposed the Section 144 within a 13-kilometer …

#Punjab #Section144

Business Recorder

Copper retreats on slow progress of U.S.-Iran peace efforts

LONDON: Copper prices eased on Thursday, weighed down by concern over slow progress by the U.S. and Iran in forging a peace deal and the risk of weaker metals demand from a prolonged conflict. Benchmark three-month copper on the London Metal Excha…

#Copper #US #Iran