Month: July 2022

Reliance Industries warns of global recession headwinds after profit miss

Reliance Industries Ltd. Has warned that a global recession can injure the oil refining margin, marking the possibility of more pain ahead after the owner of the largest purification complex in the world posted a lower profit than estimates. Recession concerns overtaking the fundamental oil market, producing lower prices and margins,” said Hezd of Finance […]

Dinesh Gunawardena sworn in as Sri Lanka’s new PM

Dinesh Gunawardena, who is seventy -two years old, is the new Prime Minister of Sri Lanka. DPR leaders in parliament took an oath as a PM on Friday.He was the Minister of Foreign Affairs and Education in the previous Gotabaya-Mahinda government. President Ranil Wickremesinghe who faced a fierce public opposition to his improvement as head […]

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