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Business - Page 3

Comprehensive coverage of Sri Lanka and global business, markets, finance, and economic trends.

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November 6, 2026
Business

Paraguay’s President Resigns Amid Banking Crisis and Protests

Paraguayan President Santiago Peña has resigned after parliament initiated impeachment proceedings against him over alleged irregularities linked to the collapse of Ueno Bank, a financial crisis that has triggered protests and left

Business

External Debt of Developing Countries Reaches Record $9.4 Trillion

External debt owed by low- and middle-income countries rose by 5.5 per cent in 2025 to a record $9.4 trillion, marking the sharpest annual increase since 2021, according to the World Bank’s latest International Debt Report. The increase came as

November 6, 2026

China Seeks US$53.5 Billion from Missouri in Covid-19 Defamation Case

Business/Judiciary

A Chinese court has begun proceedings in a US$53.5 billion defamation case brought by authorities and research institutions against the US state of Missouri

Somali Pirates Hijack Iranian Vessel Carrying 23 Crew Members

Business

Somali pirates have hijacked an Iranian fishing vessel carrying 21 Iranian fishermen and two Somali security guards in waters off the northeastern coast of

China and Russia expand Arctic shipping partnership as Europe struggles to counter influence

October 27, 2026
Business

China and Russia have agreed to expand freight traffic along Arctic shipping corridors, deepen links between their ports and increase cooperation on building polar vessels, intensifying competition with Europe over a region

More

Anthropic files for Nasdaq listing as AI spending concerns unsettle investors

October 27, 2026
Business

Anthropic, the artificial intelligence company behind the Claude chatbot and coding tools, has filed publicly for an initial public offering in a move that could rank among the most significant stock market

More

SoftBank plans $50 billion investment in Malaysia’s AI and data centre sector, Anwar says

October 26, 2026
Business

SoftBank Group plans to invest $50 billion in Malaysia, with funding expected to focus on artificial intelligence, emerging technologies and data centres, Prime Minister Anwar Ibrahim said, according to a Bloomberg report.

More

SpaceX secures $40 billion in debt financing for AI chips, Musk says

October 26, 2026
Business

Elon Musk said SpaceX has closed $40 billion in debt financing to purchase graphics processing units (GPUs) used to power artificial intelligence systems, with the financing expected to arrive in the first

More

World’s pension funds face mounting pressure as ageing populations strain retirement systems

October 26, 2026
Business

Pension systems worldwide are facing mounting financial pressure as people live longer and birth rates fall, leaving retirement funds responsible for paying benefits over extended periods while the pool of workers contributing

More

Venezuelan opposition leader María Corina Machado returns from exile

October 26, 2026
Business

Venezuelan opposition leader and Nobel Peace Prize laureate María Corina Machado returned to Venezuela on Sunday after nearly 10 months abroad, drawing thousands of supporters onto the streets of Caracas and presenting

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France’s Protests Deepen Fears Over Debt, Growth and Budget

October 25, 2026
Business

France’s escalating unrest is intensifying investor concerns over public finances and economic growth, as the government faces mounting pressure to deliver budget savings amid political divisions and further planned demonstrations. The yield

More

Venezuela Oil Output Hits Highest Level Since 2019 Amid US Energy Deal

October 25, 2026
Business

Venezuela’s oil production reached 1.252 million barrels per day on 23 October, its highest level since 2019, according to state oil company Petróleos de Venezuela (PDVSA), as the government advances an energy

More
Featured image for the article about Peru and United States hemispheric security policy.

Peru’s Mining Investment Surges 42.7% to $4.8 Billion in Eight Months

October 25, 2026
Business

Peru’s mining investment rose 42.7% year on year to $4.813 billion between January and August 2026, driven by increased spending on infrastructure, mine development and processing facilities, according to figures released by

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Trump Order Targets Mortgage Insurance and Refinancing Costs as US Housing Affordability Worsens

October 25, 2026
Business

US President Donald Trump has signed an executive order directing federal agencies to reduce certain mortgage costs, including through the automatic cancellation of mortgage insurance for eligible future borrowers and a permanent

More

US Executives Resign from $25bn Alaska Gas Project over Alleged Secret Russian Control

October 24, 2026
Business

Senior executives have resigned from a $25 billion US liquefied natural gas venture after its former chief executive alleged that Russian energy group Novatek was secretly financing the project and controlling its

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Trump Says US Is Close to Trade Deals with Mexico and Canada as Tariff Talks Advance

October 24, 2026
Business

US President Donald Trump said on Friday that Washington was close to reaching a trade agreement with Mexico and that negotiations with Canada were also progressing, as the three North American countries

More

Spanish Companies Spend €27 Billion a Year Replacing Workers Over 45, Study Finds

October 24, 2026
Business

Spanish companies spent an estimated €27 billion in 2025 replacing employees aged over 45 who had been dismissed the previous year, according to a study by human resources consultancy Talengo. The findings

More

Eight-Nation Group Calls for Free Shipping and Diplomatic Solutions to Middle East Conflicts

October 24, 2026
Business

Foreign ministers from eight European and regional countries have agreed to strengthen diplomatic efforts to resolve the Iran conflict and restore freedom of navigation in the Middle East and the Black Sea,

More

Musk commits $366 million to US midterms as SpaceX and Tesla face key government decisions

October 23, 2026
Business

Elon Musk has committed roughly $366 million to the 2026 US midterm elections, directing much of his political spending towards Republican candidates as his companies face major decisions over federal contracts, regulation

More
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The Sri Lanka Guardian is an online newspaper founded in August 2007 by a group of concerned Sri Lankan citizens including journalists, activists, academics and retired civil servants. Sri Lanka Guardian has registered as an online newspaper in the Government of Sri Lanka. This portal is currently a platform for over seven hundred regular writers from around the world. We are an independent and nonprofit. Email : editor@slguardian.org
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