One of Sri Lanka’s distinguished business luminaries passed away suddenly early Thursday morning.

Lenovo outed its financial report for the quarter ending in September 2014 and the news is great for the Chinese manufacturer.

Seylan Bank recorded an impressive performance with Profit before Income Tax reaching Rs 3,490 Million for the 9 months ended 30th September 2014. Profits after Tax reached a record Rs 2,253 Million a 47% increase compared to the Rs 1,536 Million reported in the corresponding 9 month period.

Nationwide customers will soon be able to check their account balances directly from their smartwatches.

As the advertising industry continues to flirt with programmatic technologies for linear TV, it must remain flexible and treat the move with respect if it is to prove successful, according to Unilever’s chief marketing officer Keith Weed.

Virtusa Corporation (NASDAQ GS: VRTU), a global business consulting and IT outsourcing company that combines innovation, technology leadership and industry solutions to transform the customer experience, today reported consolidated financial results for the second quarter fiscal year 2015, ended September 30, 2014.

Taylor Swift has left Spotify following months of public disagreements over how much the service pays artists.

The Leasing Association of Sri Lanka Ltd (LASL) at their recent AGM appointed Nishaman Karunapala as its Chairman and Chaminda Sampath Hettiarachchi of Central Finance Co PLC as the Deputy Chairman.

Supermarket chain Tesco is believed to be looking into selling its banking arm, Tesco Bank, which could raise anything between £500m to £1bn.

Samsung has issued a court filing regarding its collaboration with Microsoft on Windows Phone and states that it refuses to fulfill its end of the deal as it now sees the software giant as a direct competitor.

The BBC has been likened to Google, Starbucks and Amazon by the chairman of the Commons public accounts committee, Margaret Hodge, for using a multimillion-pound tax break scheme to increase its income.