Indonesian President Prabowo Subianto has sacked finance minister Purbaya Yudhi Sadewa and appointed his deputy, Suahasil Nazara, as his replacement, the president’s office said on Monday, Reuters reported. Suahasil, who has served
Tesla chair Robyn Denholm has publicly denied reports that the company’s board is seeking to replace CEO Elon Musk, following a sharp drop in sales and growing controversy over Musk’s political ties,
More
Rogo, a rising AI start-up aiming to replace the grunt work of junior investment bankers with a chatbot, has secured $50 million in Series B funding led by Thrive Capital, the venture
More
Two of Europe’s largest airline groups, Air France-KLM and Lufthansa, have issued cautious warnings about softening demand for travel to the United States among European tourists, citing political uncertainty and concerns over
More
The Joint Apparel Association Forum (JAAF), Sri Lanka’s leading apparel industry body, has thrown its full support behind the government’s efforts to secure more equitable tariff terms in ongoing trade discussions with
More
Chinese investors are pouring into gold-backed funds at an unprecedented rate, accounting for more than half of global bullion exchange-traded fund (ETF) inflows over the past month, according to the Financial Times.
More
Microsoft has pledged to legally defend continued access to its cloud services on the continent — even if it means challenging the U.S. government in court. The announcement comes amid renewed fears
More
Marks & Spencer has been hit by a major cyberattack, reportedly carried out by a hacking collective known as Scattered Spider, causing widespread disruption across its UK operations. According to a report
More
NDB Bank is proud to reaffirm its commitment to nurturing home-grown inventions and innovations by partnering with the Sri Lanka Inventors Commission (SLIC) for the fifth International Inventions and Innovations Exhibition and
More
Hilton (NYSE: HLT), the global hospitality giant, has announced the debut of its Hampton by Hilton brand in Thailand, marking a significant step in the company’s expansion across Southeast Asia’s growing midscale
More
Amazon has launched the first batch of satellites for its ambitious Project Kuiper, marking a critical step in its attempt to build a global broadband internet network to rival Elon Musk’s Starlink.
More
Indonesia’s mining industry is bracing for a turbulent period after the government announced significant increases in royalties on key mineral exports, including nickel, coal, copper, and gold. The move, aimed at shoring
More
The acting chief executive of Saudi Arabia’s Neom, Aiman al-Mudaifer, has recently initiated a “comprehensive review” of the scope and priority of projects within the ambitious $500 billion mega-project, according to sources
More
China’s top economic officials have expressed confidence that the country can manage without American farm and energy imports, despite the ongoing trade war with the United States. In a series of statements
More
Private credit firms are exploring whether they can ease environmental, social, and governance (ESG) restrictions in order to finance Europe’s expanding defence industry, a sector that has become a strategic priority for
More
KoBold Metals, a mining start-up backed by tech giants Bill Gates and Jeff Bezos, is expanding into the Democratic Republic of Congo (DR Congo), betting on the country’s critical role in supplying
More