An International Monetary Fund (IMF) staff team has concluded discussions with Sri Lankan authorities on the country’s seventh review under its Extended Fund Facility (EFF) arrangement and the 2026 Article IV Consultation,
OpenAI has secured a record-breaking funding round that values the company at an astonishing $835 billion, marking the largest private investment deal in history and signaling surging global confidence in artificial intelligence.
More
The technology giant Oracle has begun cutting thousands of jobs as part of a sweeping cost-reduction strategy tied to its massive investments in artificial intelligence and data centre infrastructure. The company, founded
More
On August 30, 1945, General Douglas MacArthur landed in Atsugi, Japan, a man of war poised to enforce peace. Wearing aviator sunglasses and a corncob pipe dangling from his lips, he arrived
More
Intel will pay over $14 billion to regain full control of its Fab 34 semiconductor facility in Ireland from Apollo Global Management, reversing a 2022 stake sale made to stabilize its finances.
More
The United States has secured access to rare earth metals from Brazil through a $565 million loan to the mining company Serra Verde, ensuring that American industries—from defense to technology—can obtain the
More
Since Hamas’s October 7, 2023 attack, Benjamin Netanyahu has vowed “total victory,” but more than two years later, Israel’s adversaries remain resilient. Hamas still controls parts of Gaza, Hizbollah continues to launch
More
Montana welcomed Sri Lankan Ambassador Mahinda Samarasinghe in a visit that highlights the growing partnership between the U.S. state and the island nation. The Montana National Guard, through the State Partnership Program,
More
In a rare and direct address to the American public, Iranian President Masoud Pezeshkian has called on ordinary Americans to look past what he described as “war propaganda” and question whether their
More
by Our Correspondent in New Delhi India is reportedly considering a landmark 99-year lease of Sri Lanka’s Trincomalee Oil Farm, potentially giving Indian firms near-total operational control of the historic facility. The
More
by Our Correspondent in Colombo Russia has made it clear that it is not interested in spot buying arrangements for its oil, emphasizing instead the importance of long-term strategic energy partnerships, according
More
The case was filed by pilot Sewwandi Senadheera, who claims that her child, Aryan Karunaratne, born on September 29, 2025, is fathered by Chamika Karunaratne. She alleges that the cricketer had intimate
More
Swiss lawmakers have privately assured senior UBS executives that they intend to moderate the toughest elements of the government’s proposed “too big to fail” reforms, according to people familiar with the discussions,
More
China is the world’s largest importer of oil passing through the Strait of Hormuz, yet experts say the country is unusually well-prepared to handle a disruption, according to Reuters. While other Asian
More
Hackers linked to North Korea infiltrated Axios, a software program that underpins many common online functions, in what Google and independent researchers describe as a supply chain attack, according to Reuters. The
More
SpaceX is working with at least 21 banks on its blockbuster initial public offering, codenamed Project Apex, according to people familiar with the matter, Reuters reports. The offering, expected in June, is
More