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Business - Page 3

December 29, 2024
Business/Geopolitics

BRICS to Establish UAE Logistics Hub: A Game-Changer for Global Trade

The BRICS Business Council has announced plans to establish a logistics hub in the United Arab Emirates (UAE), a decision that could significantly reshape global trade dynamics among its member nations and

Sri Lanka Guardian Essays

EU China Roiling Relations

Mary Gallagher, a regular contributor to World Political Review, has written the following article depicting how Chinese electric vehicle manufacturing is posing a hindrance to the development of EU-China relations. She writes about the first in-person summit in Beijing since

June 23, 2024

PwC Reshuffles Middle East Leadership to Repair Ties with Saudi Arabia

Business

In an effort to mend relations with Saudi Arabia’s sovereign wealth fund, PwC has made significant changes to its leadership in the Middle East

A New Chairman and Board for SriLankan Airlines: Again?

Aviation/Business

“One of the biggest issues with Sri Lankan Airlines has been the chronic political interference and mismanagement. Instead of focusing on profitability and sustainability,

Indian Rupee Surges to Four-Month High on Hopes of US Trade Deal

October 15, 2025
Business

The Indian rupee posted its biggest gain in nearly four months on Wednesday, rebounding from near-record lows as optimism grew over a potential trade agreement with the United States. The currency rose

More

China’s Foreign Reserves Rise in September Amid Global Market Gains

October 9, 2025
Diplomacy

China’s foreign exchange and gold reserves rose in September, supported by global bond rallies and a softer U.S. dollar, signaling resilience in the country’s external position despite a broader slowdown in central

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British Fintech Revolut Launches in India, Targets $30 Billion Cross-Border Payments Market

October 8, 2025
Business

London-headquartered fintech Revolut has officially launched in India, aiming to disrupt the country’s cross-border payments and foreign exchange market. According to the company, Indians spend around $30 billion overseas each year and

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Elon Musk’s xAI Eyes $20 Billion Mega-Raise With Nvidia Backing

October 8, 2025
Business

Elon Musk’s artificial intelligence startup, xAI, is raising more money than initially planned — bringing its total funding round to about $20 billion with a major equity investment from Nvidia Corp., according

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Starmer Shuts Door on More Indian Visas Despite Business Pressure

October 8, 2025
Business

Prime Minister Keir Starmer has ruled out opening additional visa pathways for Indian professionals under the recently signed UK-India free trade agreement, pushing back against business leaders who say the country risks

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Deloitte Forced to Refund Australian Government After AI Errors in Official Report

October 7, 2025
Artificial Intelligence

Deloitte has agreed to partially refund the Australian government after acknowledging that an official report it produced contained multiple factual and citation errors caused by artificial intelligence, according to a statement from

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China Accelerates Oil Reserve Construction Amid Rising Global Energy Risks

October 7, 2025
Business/Trade Wars

China is rapidly expanding its oil reserve capacity as part of a strategic campaign to strengthen its energy security, a push that has gained urgency following Russia’s invasion of Ukraine and continued

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Sri Lanka President’s Budget: Rs. 9Billion This Year, Rs. 11Billion Next Year

October 4, 2025
Politics/Sri Lanka

Deputy Minister of Finance Anil Jayantha has pushed back against recent reports suggesting that the President’s expenditure head in Sri Lanka’s 2025 budget has tripled compared to the previous year. He emphasized

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Kuwait Petroleum Taps JPMorgan to Explore $7 Billion Pipeline Leasing Deal

October 2, 2025
Business

Kuwait Petroleum Corp. (KPC) has enlisted JPMorgan Chase & Co. to advise on a potential leasing deal involving part of its pipeline network, according to people familiar with the matter. The state-run

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South Korea May Advance Security Deal With U.S. Ahead of Trade Talks

October 2, 2025
South Korea/World

South Korea is considering moving forward with a new security agreement with the United States before concluding stalled trade negotiations, the country’s foreign minister told reporters, Bloomberg reports. Foreign Minister Cho Hyun

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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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