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,
Fifa is facing unprecedented backlash after revealing ticket prices for the 2026 World Cup in the United States, Canada, and Mexico, with fans and political leaders alike criticizing the governing body for
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Beneath the glittering façades of Park Lane, home to the Dorchester Hotel and luxury car showrooms, lies IBV International Vaults, a high-security haven for the world’s wealthiest, according to the Times UK.
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On paper, 2026 is shaping up to be a benign year for oil importers, with global supply expected to comfortably outpace moderating demand. Brent crude prices are already well below last year’s
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Over the past two years, few technologies have provoked as much economic speculation as generative artificial intelligence. Its rapid diffusion into workplaces, from software development and finance to education and professional services,
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Morgan Stanley is emerging as a leading contender for a top underwriting role in SpaceX’s long-anticipated initial public offering, leveraging its long-standing relationship with chief executive Elon Musk, according to people familiar
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SoftBank Group is racing to assemble a $22.5 billion funding commitment to OpenAI by the end of the year, turning to asset sales, balance-sheet cash and potential borrowing as founder Masayoshi Son
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Editor’s note: The following article is based on an open letter addressed to the President of Sri Lanka by a concerned citizen. A copy of the same letter was received by the
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Russia’s government has instructed Russian Railways to sell a 62-floor skyscraper in central Moscow to help the state-owned railway monopoly pay down part of its $50 billion debt, three sources told Reuters.
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BP has named Meg O’Neill, the head of Australia’s Woodside Energy, as its new chief executive officer, effective April 1, following the sudden departure of Murray Auchincloss. O’Neill becomes BP’s first CEO
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India’s securities regulator, the Securities and Exchange Board of India (SEBI), is planning significant reforms to its merger and acquisition rules, including barring acquiring companies from offering higher prices or additional compensation
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JPMorgan Chase has withdrawn almost $350 billion in cash from its account at the Federal Reserve since 2023, redirecting much of the money into US government debt as it prepares for an
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Warner Bros Discovery is preparing to rebuff a $108.4 billion hostile takeover bid from Paramount Skydance, with its board expected to advise shareholders to vote against the proposal and reaffirm support for
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India is drawing renewed interest from global fund managers seeking to diversify equity portfolios as concerns grow that the global artificial intelligence rally may be losing momentum. According to Bloomberg, several major
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Legal services revenue in the United Kingdom has surged by 65 per cent over the past ten years, with income from British lawyers increasing more than 10 per cent in just the
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Trade negotiators from India and the European Union are no longer confident they can finalize a long-awaited free trade agreement by the end of the year, with discussions stalled over sensitive sectors
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