Connect with us

News

Man kidnapped for not repaying loan found in Balangoda

Published

on

A businessman who was kidnapped by another for not paying back a loan of Rs.5 million has been rescued from Balangoda, the Nittambuwa Police said.

The victim had obtained the loan in 2018 and he was kidnapped by the lender due to non-payment of the loan for several years.

The suspect has called the businessman’s sister demanding her to pay the amount back. He has threatened to kill the businessman if the amount is not paid.

Following the phone call, the sister has complained to the Nittambuwa Police. Police investigations revealed that the victim has been detained in Balangoda.

Police said that the suspect who kidnapped the businessman has not been arrested yet and investigations are underway to arrest him.

BIZ

Apple is the world’s first $1 trillion brand: Kantar

Published

on

By

Kantar BrandZ’s Top 10 Most Valuable Global Brands 2024 has named Apple as the world’s first trillion-dollar brand, holding onto pole position for the third consecutive year. 

Google, Microsoft, and Amazon join Apple atop the rankings, with McDonald’s rounding up the top 5.

Demonstrating how effective AI has become for driving brand value, NVIDIA has lept 18 places to crack the top 10 for the first time, holding sixth position with a 178% year-on-year brand value increase. 

Facebook rejoined the Top 10 after a one-year absence, while Oracle joined the Top 10 for the first time. 

Continue Reading

News

The G7 Summit begins today

Published

on

By

Leaders of the Group of Seven (G7) countries are meeting for a three-day summit, starting today (13 June) to discuss global affairs in the southern region of Puglia (Apulia), Italy.  

Heads of state of the seven members – the United States, Canada, Germany, France, Italy, Canada and the United Kingdom – as well as the chiefs of the European Council and the European Commission will be present at the event.

Italy, the host of this year’s event, has extended an invitation to more than 10 other countries for sideline discussions. These include UAE’s Mohamed bin Zayed, Algeria’s President Abdelmadjid Tebboune, Jordan’s King Abdullah II and Turkey’s President Recep Tayyip Erdogan. Notable absentees are Egypt and Saudi Arabia, who it  is reported, had been invited.

Support for Ukraine is top of the agenda. President Volodymyr Zelenskyy is scheduled to arrive on the summit’s first day for two sessions dedicated to the war-torn country. The G7’s most anticipated outcome is an agreement over a $50bn loan for Ukraine backed by profits accrued on Russian assets frozen in the West. 

The war on Gaza is also expected to dominate talks. 

Pope Francis will also be among the guests – the first time a pontiff has been invited to the summit – for a session dedicated to artificial intelligence (AI). Other specific sessions will be on migration, financial issues and the situation in the Asia Pacific. 

Continue Reading

News

University applications open tomorrow 

Published

on

By

The University Grants Commission (UGC) has announced that online applications for university admissions for the academic year 2023/2024 will open tomorrow (14 June).

Applications will be available from 6 am tomorrow at www.ugc.ac.lk
The application deadline is 5 July 2024. 

Continue Reading

Trending

Copyright © 2024 Sri Lanka Mirror. All Rights Reserved