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
Leading U.S. private equity firms have abruptly paused their controversial “on-cycle” recruitment process, a practice that involved hiring promising college graduates for roles set to begin several years in the future. The
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UBS has made approximately 100 “goodwill payments” to clients in Switzerland who suffered steep losses on foreign exchange derivatives after market turmoil sparked by former U.S. President Donald Trump’s April 2 “liberation
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PwC’s newly appointed UK senior partner Marco Amitrano is considering managing partner Laura Hinton as the leading candidate to head the firm’s Middle East operations, according to a report by the Financial
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Singapore’s financial regulator has imposed a total of US$21.5 million (S$27.45 million) in penalties on nine banks and financial institutions, including global giants UBS and Citi, for compliance failures tied to a
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India’s stock market regulator, the Securities and Exchange Board of India (SEBI), has imposed a temporary ban on New York-based trading giant Jane Street, alleging the firm engaged in a “sinister scheme”
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China has sharply criticized the recent US-Vietnam trade agreement, expressing fears that President Donald Trump is using his so-called “liberation day” tariff negotiations with third countries to restrain China’s export-driven economy. The
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The Bank for International Settlements (BIS) has issued a stark warning about the fragility of the modern global financial system, emphasizing that despite significant changes since the 2007–09 financial crisis, the core
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Sir Pascal Soriot, chief executive of AstraZeneca, has expressed a private desire to move the company’s primary stock market listing from London to the United States, according to sources cited by The
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KPMG stepped down as auditor of Prax Group, the parent company of one of the UK’s largest oil refineries, in the year leading up to its sudden insolvency, according to a report
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Editor’s Note: Annie White, Director of Software Tools at the Growth Lab, Harvard Kennedy School, and Sebastian Bustos, Senior Research Fellow at the Center for International Development, Harvard University, recently presented their
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