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Business - Page 4

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October 14, 2026
Business

Blackstone targets $100 billion India investment as Gray backs long-term growth

Blackstone plans to double its investments in India to $100 billion within five years, with chief operating officer Jonathan Gray describing the country as the firm’s best-performing market and expressing confidence in

Business

JPMorgan blocks outside AI agents from customer accounts over security risks

JPMorgan Chase is restricting external artificial intelligence agents from accessing its systems, with chief executive Jamie Dimon warning that the technology presents heightened security risks and could leave customers liable for unwanted transactions. Speaking during an earnings call on Tuesday,

October 14, 2026

Character.AI bankruptcy filing reveals $10.6 million owed to creditors

Business/Judiciary

Artificial intelligence startup Character.AI owes more than $10.6 million to its 20 largest unsecured creditors, including Google and five prominent law firms, according to

OpenAI says AI helped identify employee accused of planting hidden recording device

Business

OpenAI said it used its artificial intelligence models to identify an employee suspected of planting a concealed recording device in one of its offices,

G20 Divided Over US Push to Curb Excess Industrial Capacity

October 3, 2026
Business

G20 trade ministers have failed to reach broad agreement on a US proposal to address excess industrial capacity and “non-market” economic policies, exposing divisions within the group of major economies as Washington

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Amazon Seeks to Shift $8 Billion of Nvidia AI Chips to Investors

October 2, 2026
Business

Amazon is seeking to offload about $8 billion worth of advanced Nvidia chips to investors through a new financing vehicle, the Financial Times reported on Friday, citing people familiar with the matter.

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Alaska LNG Project Could Cost More Than Twice as Much as Gulf Coast Rivals

October 2, 2026
Business

US President Donald Trump’s push to steer $54 billion of South Korean investment into Alaska liquefied natural gas is drawing fresh attention to a proposed 20-million-ton-a-year export project whose estimated cost is

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SoftBank Shares Rebound as Investors Focus on AI Bets Despite Rising Debt Costs

October 2, 2026
Business

SoftBank Group shares rose sharply in September as equity investors focused increasingly on the potential returns from its artificial intelligence investments, despite growing borrowing costs and concerns in credit markets over the

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Dutch Shipbuilder Seeks €4.7 Billion From Germany Over Cancelled Frigate Project

October 2, 2026
Business/Shipping and Maritime

Dutch shipbuilder Damen is seeking €4.7 billion from Germany following Berlin’s decision to terminate the F126 frigate programme, according to a letter from the law firm Gauweiler to the Bundestag’s Budget and

More

South Korea’s $200 Billion US Investment Plan Faces Commercial Hurdles

October 1, 2026
Business

South Korea’s planned $200 billion investment in the United States is not fully guaranteed, despite US President Donald Trump describing the package as a transformation that would benefit America “for generations”. South

More

UK Accuses China of Using Academic Research to Advance Espionage Capabilities

October 1, 2026
Business

Britain’s MI5 has issued an unprecedented public warning accusing a Chinese research organisation of funding academic projects in the UK to strengthen China’s espionage capabilities, including research into artificial intelligence, cybersecurity and

More

Philippines Uranium Discovery Gives New Boost to Nuclear Energy Plans

October 1, 2026
Business

Researchers in the Philippines have identified a potential source of uranium in a long-explored mining district in Luzon, a discovery that could support the country’s efforts to develop nuclear energy and expand

More

Musk Tapped to Help Shape the Future of US Warfare

October 1, 2026
Business

Elon Musk has been selected to help lead a new US Defence Department initiative examining the future of warfare, bringing the SpaceX chief back into a prominent government role as the Pentagon

More

US Withdrawal From Iraq Ends Military Presence but Not Washington’s Financial Leverage

September 30, 2026
Business

US forces are set to leave their last remaining bases in Iraq on Wednesday, ending a military presence shaped by more than two decades of war. Iran and its allies have celebrated

More

China Warns EU of Retaliation Over Proposed Trade Restrictions

September 30, 2026
Business

China has warned the European Union that it would respond with a “determined reaction” if Brussels imposes new trade restrictions aimed at protecting European industries. The warning follows reports that Germany and

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Rebeca Grynspan Extends Lead in Race to Become Next UN Secretary-General

September 30, 2026
Business

Rebeca Grynspan has strengthened her position in the race to succeed António Guterres as United Nations secretary-general, winning a fourth informal vote in the Security Council and widening her lead over Guyana’s

More

Sri Lanka’s Trade Deficit Surges 69% as Imports Outpace Exports

September 30, 2026
Business

Sri Lanka’s trade deficit widened by 69% in the first seven months of 2026, exceeding US$6.5 billion, as a sharp rise in import expenditure far outpaced the modest growth in export earnings,

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China Signals Stronger Economic Support as Consumption and Growth Slow

September 29, 2026
Business

China’s State Council has called for stronger countercyclical economic policies and encouraged local governments to pilot measures aimed at increasing domestic consumption as Beijing responds to slowing growth and weak consumer demand.

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Argentina Moves Towards International Arbitration Against UK Over Malvinas Oil Project

September 29, 2026
Business

Argentina has instructed its Foreign Ministry and government legal teams to initiate international arbitration against the United Kingdom over hydrocarbon activities in the Malvinas Islands, President Javier Milei announced on September 28.

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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