Nearly 30 officers and officials have reportedly left Sri Lanka’s Parliament in recent months to take up employment elsewhere, with most of those departing said to have moved to the private sector.
Deutsche Bank’s profits have plummeted by 92% in the fourth quarter of 2024, a result that has prompted CEO Christian Sewing to signal potential restructuring moves. As reported by the Financial Times,
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HSBC has announced plans to wind down significant parts of its investment banking operations in the UK, Europe, and the Americas, marking a major shift in the bank’s strategy under new CEO
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The Financial Times reports that the World Economic Forum (WEF) in Davos this year is pivoting toward dealmaking, deregulation, and growth, with a sharp focus on adapting to Donald Trump’s second term
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Editorial SriLankan Airlines’ 45-year saga, spanning its inception under Air Lanka’s livery in 1979, paints a portrait of both resilience and ruin. Born amidst the heady euphoria of JR Jayewardene’s landslide victory,
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Male, 23 August 2024 – In a historic first, the Maldives has reported that its usable dollar reserves have run out, according to Adhadhu, a local media outlet. This alarming development follows
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