Sri Lanka is moving to establish a National Trade Negotiation Committee to prepare the groundwork for prospective Free Trade Agreement (FTA) negotiations, with preliminary activities potentially beginning in January, the Ministry of
High-frequency trading firms in India are offering unprecedented salaries for entry-level roles, even as regulators increase scrutiny over the country’s equity derivatives market, Bloomberg reports. Amsterdam-based IMC Trading BV has offered interns
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Zijin Gold International Co., a unit of China’s top mining company, is seeking to raise HK$25 billion ($3.2 billion) through an initial public offering in Hong Kong, Bloomberg reports. The IPO is
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Prosus NV has more than doubled its stake in Indian home services startup Urban Company Ltd. ahead of the firm’s public listing, making it one of the company’s largest shareholders, Bloomberg reported.
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The global oil and gas sector is being forced to spend nearly half a trillion dollars a year simply to keep production steady, as fields decline more rapidly than previously expected, the
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Alibaba founder Jack Ma has reemerged as a driving force inside the company he built, marking his most active involvement in years as the Chinese tech giant ramps up its fight against
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Alphabet Inc., the parent company of Google, has crossed the $3 trillion market capitalization milestone for the first time, cementing its position among the world’s most valuable companies. The achievement follows a
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Winston Weinberg, a former junior lawyer, co-founded legal AI startup Harvey in 2022 with Gabe Pereyra, a former DeepMind research scientist. In just three years, Harvey has grown to serve more than
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Sri Lanka’s economy expanded at a quicker pace than anticipated in the second quarter of 2025, buoyed by lower interest rates that supported business activity and softened the impact of tariff-related pressures.
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China’s economic activity slowed more than anticipated for a second consecutive month, with a sharp decline in investment raising concerns that policymakers may need to introduce additional stimulus measures to keep growth
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Inflation in India edged up in August for the first time in 10 months, but not by enough to derail expectations of further interest rate cuts later this year, according to economists
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BYD Co., China’s top electric-vehicle (EV) maker, is grappling with mounting investor concerns after a dramatic $45 billion stock selloff, as the company faces intensified competition and a destructive price war in
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Brookfield Asset Management is reportedly in advanced discussions to acquire US landlord Yes! Communities Inc. from Singapore’s sovereign wealth fund GIC Pte, in a transaction that could be valued at over $10
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Nestlé’s chair, Paul Bulcke, is facing mounting pressure from investors to step down ahead of his scheduled departure in April 2026, as concerns over governance and leadership instability continue to plague the
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Apollo Global Management Inc. and Silver Point Capital have led a roughly $900 million direct loan to Vantage Specialty Chemicals, replacing the company’s existing bank-arranged financing, according to sources familiar with the
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Bank of America Corp. is preparing a shake-up of its senior leadership as it looks to narrow the pool of potential successors to Chief Executive Officer Brian Moynihan, Bloomberg reported, citing people
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