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
In the 1980s and 1990s, foreign restaurant chains were among the most visible icons of China’s opening-up and economic reform. Eating a hamburger or pizza was not merely a meal; it was
More
In the decades before the storming of the Bastille, France did not simply move toward revolution because of bad harvests, economic collapse, or the glaring inequality between Versailles and the starving streets
More
When the United States completed its first sale of Venezuelan oil this week, the $500 million transaction reopened a geopolitical channel that had been largely dormant for years, signaling that energy pragmatism
More
A new audit report reveals deepening concerns over wasted land, unpaid dues and regulatory lapses within Sri Lanka’s flagship investment agency, raising fresh questions about the country’s ability to attract and manage
More
Sri Lanka has set an ambitious goal to send 1,000 caregiving professionals to Israel in 2026, building on a bilateral employment agreement that has already placed more than 2,600 Sri Lankan workers
More
Experts investigating Sunday’s catastrophic derailment of a high-speed train in southern Spain have identified a broken joint in the railway tracks as a critical factor in an accident that killed at least
More
The software sector entered 2026 expecting a recovery after a bruising 2025, but a sudden burst of AI innovation has reignited investor fears that the industry’s old business model is under threat.
More
The world’s billionaires amassed a record-breaking fortune in 2025, Oxfam reported Monday, just days before the World Economic Forum gathers in Davos. The charity’s annual wealth analysis paints a stark picture of
More
NASA’s Nancy Grace Roman Space Telescope has reached a major milestone, with new photos released Dec. 4 showing the observatory standing upright and fully assembled inside a clean room at the agency’s
More
Long before stock markets and mutual funds, the wealthy of ancient Greece and Rome were already practicing sophisticated investment strategies that would look familiar to modern financiers. A new feature in Live
More
In a stark appeal to the nation’s corporate elite, U.S. Chamber of Commerce CEO Suzanne Clark called on executives to defend free markets “fearlessly,” signaling growing unease among business leaders as President
More
Despite official data showing India’s economy expanding at 7.4% in the year ending March, Prime Minister Narendra Modi faces a high-stakes decision that could determine whether the country’s growth story continues or
More
A tidal wave of maturing bank deposits is prompting Chinese households to hunt for higher-yielding investments, a shift that could inject fresh momentum into the nation’s financial markets at a time when
More
As Washington and Brasília mend diplomatic fences, the United States is quietly eyeing Brazil’s vast but untapped rare earth reserves as a strategic alternative to China’s dominance in the sector, according to
More
As artificial intelligence accelerates into everyday life, the enormous data centers that make it possible are increasingly becoming a lightning rod for public anger, particularly in states like Georgia where residents are
More