About 20 banks, including Sumitomo Mitsui Banking Corp, BNP Paribas, Goldman Sachs, and Mitsubishi UFJ Financial Group, are leading the $18 billion loan for a data center campus in Doña Ana County,
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Tesla shareholders approved Musk’s $1 trillion compensation plan with 75 percent of votes cast at the company’s annual meeting on Thursday, Financial Times reported. If Musk meets the plan’s targets, it could
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The so-called “Magnificent Seven” — Nvidia, Meta Platforms, Microsoft, Amazon, Tesla, Alphabet, and Apple — experienced their worst weekly losses since April, as investors questioned whether the AI boom and record-high valuations
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A historic and palpable socio-economic transformation is taking shape in the resplendent island of Sri Lanka. People are becoming increasingly content with the changes unfolding around them. Governmental discipline appears to be
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On Wednesday, a high-level delegation of the Islamic Emirate of Afghanistan, led by intelligence chief Abdul Haq Wasiq, arrived in Istanbul for the third round of talks with Pakistan. The discussions, between
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by Our Economic Affairs Editor The 2026 Budget tabled by Finance Minister Anura Kumara Dissanayake arrives amid perhaps the most delicate balance in Sri Lanka’s post-independence economic history. Having emerged from the
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Sri Lanka’s President and Finance Minister Anura Kumara Dissanayake unveiled the 2026 national budget on Friday, outlining reforms to strengthen economic resilience and uphold the country’s $3 billion International Monetary Fund bailout.
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Colombo Dockyard PLC (CDPLC) has signed a major shipbuilding contract with Orange Marine of France to construct two state-of-the-art cable laying and repair vessels, marking the largest shipbuilding contract in the company’s
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A courtroom drama in Paris has cast an unflattering light on France’s intelligence service, the Direction Générale de la Sécurité Extérieure (DGSE), which has been accused of misusing a secret emergency fund
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The Miss Universe 2025 competition descended into crisis on Tuesday as dozens of contestants staged a dramatic walkout following an incident in which the event’s host, Nawat Itsaragrisil, publicly insulted Miss Mexico,
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President Xi Jinping presided over the commissioning ceremony on Wednesday in Hainan, according to state media outlet Xinhua. The Fujian, named after the coastal province opposite Taiwan, has now joined the People’s
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The overnight visit by Israeli Foreign Minister Gideon Sa’ar to India has been rather thin on the ground. Although this has been his first visit to India as Foreign Minister, and notwithstanding
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China recently reached out to NASA regarding a potential conjunction between satellites, marking the first instance of direct coordination between the two agencies over space traffic management. The event was disclosed by
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In the hierarchy of global honours, few distinctions have commanded as much reverence as the Nobel Peace Prize. Established in 1901 in accordance with the will of Alfred Nobel, the Prize was
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Decades ago, during the intense US–Soviet standoff of the Cold War, a deterrence competition was unleashed through both covert and overt means. From strategic firepower to nuclear deterrence, the Soviets and the
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