IBT Staff Reporter

1381-1410 (out of 154954)

Sri Lanka To Restrict Fuel Imports For Next 12 Months

Sri Lanka will restrict fuel imports for the next 12 months because of a severe shortage of foreign exchange, its energy minister said on Monday, as the island nation's new government seeks to find a way out of a crippling economic crisis.

Miner Newmont Warns Inflation To Spike Costs In 2023

Newmont Corp on Monday raised its annual cost forecast and warned that inflationary pressures would persist into 2023 after its second-quarter profit missed Street estimates, sending the world's biggest gold miner's shares down 12%.

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