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,
Jeff Bezos is reportedly in early discussions to raise an eye-popping $100 billion for a new fund designed to acquire manufacturing companies and accelerate automation using artificial intelligence, according to the Wall
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Sri Lanka’s leading business body has urged the government to take coordinated and proactive steps to safeguard the country’s economic stability as global uncertainty intensifies, particularly amid the escalating conflict in the
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Saudi Aramco’s recent letter to its international oil buyers revealed a stark new reality for the global energy market: uncertainty over export ports in April underscores Iran’s decisive role in controlling oil
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Google has finalized its $32 billion acquisition of cybersecurity firm Wiz, marking the largest acquisition in the company’s history and the biggest purchase ever of a venture-backed startup. The landmark deal reflects
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Two weeks into the war in the Persian Gulf, the conflict has evolved into a starkly asymmetric struggle. On one side stand the overwhelming conventional military forces of the United States and
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Global trade flows are more entangled with China than ever before. A recent survey of international import patterns shows that 128 countries now source at least 10% of their goods imports from
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A growing number of former CIA officers are stepping out of the shadows and into the world of technology startups, launching companies that apply intelligence expertise to artificial intelligence, cybersecurity and national
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Binance has issued an official response following recent media coverage concerning ongoing court proceedings in Sri Lanka involving allegations of financial fraud connected to the use of Binance accounts by certain individuals.
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Colombo Chief Magistrate Asanga S. Bodaragama on March 12 ordered the Central Bank of Sri Lanka to immediately take measures to prevent the outflow of local currency to foreign countries through cryptocurrency
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Deutsche Bank has disclosed a €26 billion exposure to private credit, highlighting growing concerns about an asset class facing investor withdrawals, scrutiny of lending standards, and uncertainty linked to technological disruption in
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According to a report by Semafor, the Pentagon plans to recruit up to 30 finance professionals from leading Wall Street institutions, including Goldman Sachs and JPMorgan, for a temporary three-year secondment program.
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China’s export growth surged into double digits in the first two months of 2026, defying forecasts and signaling resilience amid global economic pressures. According to customs data released on Tuesday, total outbound
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A relatively small investment by one of the world’s most prominent mining families has turned into a billion-dollar windfall as the global surge in gold prices fuels dramatic gains in mining companies.
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The Central Bank of Sri Lanka purchased a substantial amount of foreign exchange totaling US$ 461 million from the domestic foreign exchange market in February 2026, according to the latest report issued
More Sundar Pichai, CEO of Google, has secured a three-year pay package that could be worth $692 million, according to a recent filing first spotted by the Financial Times. The unprecedented compensation plan
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