Business articles

5 bn mobile phone users in 2017: study

The number of mobile phone users globally will surpass five billion by the middle of this year, according to a study released Monday by GSMA, the association of mobile operators.

Sri Lanka to honour $12 bn debt despite dispute: FM

Sri Lanka Monday vowed to honour government bonds of up to 1,780 billion rupees ($11.86 billion) even as the central bank admitted “procedural shortcomings” in state-issued securities.

Offline AI revolution awaits smartphones

The smartphone revolution is poised to go onto the next level — with “superphones” equipped with artificial intelligence now on the horizon.

LSE, Deutsche Boerse merger ‘dead in water’: source

The London Stock Exchange’s merger with Deutsche Boerse appears to be “dead in the water”, a source close to the matter told AFP on Monday, after the LSE declared it would not meet an EU antitrust demand.

Oscars auditors PwC apologize for best picture mix-up

PricewaterhouseCoopers, the accounting firm responsible for tabulating Oscar ballots, apologized for an “error” in the announcement of the best picture award Sunday, admitting Warren Beatty and Faye Dunaway were handed the wrong envelope.