In Sri Lankan society, the betel leaf is not merely a plant leaf, but a paramount cultural symbol intertwined with our rituals, customs, and hospitality. A sheaf of betel leaves holds a
Didi Global Inc., China’s leading ride-hailing platform, has agreed to pay $740 million to settle a shareholder lawsuit related to its tumultuous 2021 initial public offering (IPO), Bloomberg News reports. The settlement
More
Riyadh’s King Abdullah Financial District (KAFD), long criticized as a gleaming but empty skyline, is finally coming to life as Saudi Arabia pushes ahead with ambitious plans to become a regional financial
More
Lynas Rare Earths Ltd., the first commercial producer of heavy rare earths outside China, announced plans to raise A$750 million ($488 million) through an equity capital raising, comprising an institutional placement and
More
A struggling casino resort in upstate New York is getting a financial lifeline as a local economic development agency plans to raise $561 million through high-yield municipal bonds to purchase the non-gaming
More
Advanced economies will struggle to maintain growth and keep inflation under control in the coming decades without a greater influx of foreign workers, central bankers have warned, according to reporting by the
More
Apple Inc. is in early talks with Alphabet Inc.’s Google about using its Gemini artificial intelligence models to power a new version of Siri, a move that could mark a major shift
More
Chinese equities surged on Friday, with major indexes hitting multi-year highs, driven by a strong rally in technology and AI-related stocks. The Shanghai Composite Index climbed 1.45 percent to 3,825.76 points, breaking
More
OnlyFans has paid out a record $701 million in dividends to its owner Leonid Radvinsky, underscoring the profitability of the UK-based subscription platform as it explores a potential multibillion-dollar sale, according to
More
JPMorgan Chase is opening the doors to its new $3 billion headquarters in midtown Manhattan, a 60-storey tower that has been described by employees as a monument to chief executive Jamie Dimon’s
More
Temasek Holdings Pte is considering one of its most significant restructurings in years, with a proposal to split its operations into three investment vehicles aimed at boosting efficiency and returns, according to
More