SriLankan Airlines improved its underlying operating performance in 2024/25, but engine shortages, 487 flight cancellations, falling passenger revenue and LKR 31.6 billion in finance costs pushed the Group into a LKR 2.74
The chief financial officer of Nippon Steel Corporation, Takahiko Iwai, told Bloomberg that the long-running steel glut driven by record Chinese exports may be approaching its end, offering hope for a recovery
MoreOn his 66th birthday, Andrew Mountbatten-Windsor was arrested on suspicion of misconduct in public office, marking the first detention of a senior British royal in nearly 400 years. He was released the
MoreEmmanuel Macron signaled Thursday that protecting children from online harms caused by social media and artificial intelligence will be a central focus of France’s upcoming Group of Seven presidency. Speaking at the
MoreNorth Korea has convened a rare ruling party congress in Pyongyang, its first since 2021 and only the fourth in 45 years, signaling a potential recalibration of its foreign and defense policies
MoreThe government of Sri Lanka has raised serious national security concerns after revealing that nearly 900,000 mobile SIM cards currently in use cannot be linked to verified individuals, a gap authorities say
MoreAuthorities have uncovered a series of alleged fraud operations involving public sector employees, intensifying scrutiny over abuse of trust and influence in state institutions. In one case, the Central Crime Investigation Bureau
MoreThe government of Sri Lanka has initiated decisive measures to rein in informal microfinance operators accused of exploiting economically vulnerable communities, signaling a major shift in the country’s financial oversight framework. Officials
More“It is time to democratize AI,” Sam Altman, CEO of OpenAI, said while addressing the AI Impact Summit in India. He began his remarks by expressing his enthusiasm for being in the
MoreIndia’s AI ambitions took center stage on Thursday as two of its richest industrialists announced unprecedented investments in data centers and artificial intelligence services. Mukesh Ambani, chairman of Reliance Industries, declared at
MoreGlobal food giants Nestlé and Danone are facing mounting pressure from investors and regulators to disclose the financial consequences of sweeping infant formula recalls that have rattled their reputations and reportedly left
MoreSenior European intelligence officials are deeply skeptical that negotiations will end Russia’s war in Ukraine this year, contradicting claims by U.S. President Donald Trump that American-led diplomacy has brought a peace agreement
MoreChina is seeking to turn the disruption caused by tariffs imposed by U.S. President Donald Trump into a long-term strategic advantage, pursuing an ambitious campaign to restructure global trade flows and reduce
MoreThe U.S. State Department is developing an online platform intended to allow users in Europe and other regions to view online content restricted by local authorities, according to sources familiar with the
MoreA report published by Der Spiegel has alleged that the Central Intelligence Agency was informed in advance about a Ukrainian plot to sabotage the Nord Stream gas pipelines months before the explosions
MoreChina’s ambition to dominate the emerging field of brain-computer interfaces is rapidly taking shape, with one Shanghai-based start-up already reporting early human trials just a few years after its founding. NeuroXess, which
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