by Our Economic Affairs Editor The story of the Ambuluwawa Religious and Biodiversity Complex in Gampola is far more than an account of architecture or conservation. It is the chronicle of how
It seems to me indisputably true that gold is a money and it is the money that is least at risk of being devalued and/or confiscated. Here’s why I believe that’s true.
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Swiss drugmaker Novartis announced on Sunday that it has agreed to acquire U.S. biotech firm Avidity Biosciences for approximately $12 billion in cash, aiming to expand its portfolio of treatments for rare
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Mohamed Alabbar, the billionaire mastermind behind Dubai Mall and the Burj Khalifa, is reshaping the global business landscape with an ambitious expansion that stretches far beyond the UAE. Known for his role
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Saudi Arabia is in talks to raise as much as $10 billion through a rare syndicated loan, Bloomberg reported, marking the latest step in the kingdom’s efforts to secure funding for Crown
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In the outskirts of Bujumbura, Burundi’s capital, Amisia Aleko struggles to feed her family on a single daily meal of renga renga, a stew of leafy vegetables. “We ate some fish in
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Global investors are rapidly retreating from Indian equities, potentially driving the largest foreign outflows in history this year, according to data compiled by Bloomberg. Net foreign investment in Indian shares has already
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Months before Electronic Arts Inc. and Saudi Arabia’s Public Investment Fund (PIF) agreed to a record-breaking $55 billion buyout, Jared Kushner played a key role in connecting the parties, Bloomberg reports. According
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Donald Trump is encountering fresh challenges in his efforts to secure major investment commitments from key Asian allies, as South Korea and Japan signal concerns over the terms of their agreements with
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Veteran investor Warren Buffett has sold his stake in Chinese electric vehicle maker BYD, realizing a twentyfold return on the investment he began in 2008. The Berkshire Hathaway firm, led by the
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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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