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
Asia and the Pacific remained a central pillar of global trade and investment in 2025, but momentum slowed as geopolitical tensions, policy uncertainty and structural adjustments weighed on growth. According to the
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More than $400 billion was wiped from Microsoft’s market capitalisation on Thursday as investors reacted sharply to the scale of the company’s spending on artificial intelligence infrastructure, triggering the second-largest single-day loss
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Amazon is in early-stage talks to invest up to $50 billion in OpenAI, marking a potential landmark deal in the escalating race among Big Tech groups to secure strategic positions in artificial
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Apple delivered a stronger-than-expected quarterly performance, beating Wall Street revenue forecasts on the back of surging demand for its iPhones and a significant recovery in China. Tim Cook, the company’s chief executive,
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A few months ago, he made headlines as the “First Sri Lankan to win the US Navy SEAL Commando Trident badge.” Lt Koyan Chamitha of the elite Special Boats Squadron (SBS) achieved
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Sri Lanka has unveiled a comprehensive five-year National Strategic Action Plan to Monitor and Combat Human Trafficking, signaling a renewed and strengthened commitment to eliminating trafficking in all its forms and improving
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Sri Lanka has begun the admission of schoolchildren to Grade One for the 2026 academic year, with the process officially getting underway on January 29. The milestone marks the beginning of formal
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King Charles has spoken candidly about his lifelong mission to protect the environment, declaring that he aims to improve the state of the planet “before I shuffle off this mortal coil,” Times
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The European Union, long seen as a global advocate for human rights, is under scrutiny for failing to protect minority communities within its own borders, a United Nations expert warned today. Nicolas
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Oxfam’s board of trustees has come under intense scrutiny, with a former trustee demanding their immediate resignation over failures in staff vetting processes that have reignited concerns about governance at the aid
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Britain is set to share intelligence with China for the first time in an effort to prevent Chinese engines and small boats from being used to smuggle migrants across the English Channel,
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China has issued a sharp rebuke to Japanese Prime Minister Sanae Takaichi following her recent remarks suggesting that Japan could act jointly with the United States to protect nationals in Taiwan, Global
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KPMG partners have surged past their counterparts at PwC to become the second-highest paid among the Big Four accountancy firms, according to the latest financial results. Distributable profits per partner in the
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Microsoft narrowly exceeded Wall Street’s expectations for quarterly revenue as strong demand for its Azure cloud services, particularly from companies developing and deploying artificial intelligence solutions, boosted results. The technology giant reported
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The United States has returned a seized oil tanker to Venezuelan authorities, two U.S. officials told Reuters on Wednesday, marking the first known instance in which the Trump administration has returned such
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