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BUSINESS NEWS

Google sells Motorola Mobility unit to Lenovo for $3bn

Google is struggling mobile phone company Motorola Mobility for U.S. Chinese computer maker Lenovo sells for $ 2.91 billion, in a surprise move.

Google had recovered $ 12.5 billion for the company less than two years.

Lenovo Plans can build by purchasing Motorola, which help to offset the slowdown in its PC business unit from its smartphone.

However, Google, the most lucrative Motorola patents that prevent some of the Android software.

Kuwait grants Sri Lanka 36 million dollar loan to construct 25 bridges on national road network

The Kuwait Fund for Arab Economic Development has committed 36 million dollar loan for the construction of concessional rehabilitated to provide Sri Lanka and 25 bridges on the national road network.

Dr PB Jayasundara Secretary of the Treasury and the Deputy Director General of the Kuwait Fund for Arab Economic Development today signed the loan agreement in the department.

The Sri Lankan government in its efforts to develop the country's infrastructure, the need for rehabilitation and improvement of the national road network are identified mainly to improve the efficiency of transport services.

Facebook stock surges on strong earnings, unveils new app

Facebook shares jumped to record highs yesterday, by the carried the news of stronger than expected earnings and sizzling profits in the mobile advertising revenue.

The cam gains as Facebook has a new mobile app to from a social newspaper of sorts for the members of the world's large largest social network.

The stock ended up with 14.1 percent to an all-time high of 61.08 dollars Close on the day after Facebook reported about That fourth-quarter profit jumped eight-fold over the previous year to $ 523 million and Malthus icts Increased net profit for the year to 1.5 billion dollars ...

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