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
Blackstone Inc.’s head of secondaries, Verdun Perry, called the buying and selling of existing private assets “the most underutilized tool” in private markets, forecasting that secondaries deal volume could surge to $400
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Despite weakening consumer confidence and rising geopolitical tensions, British companies are increasingly optimistic about opportunities in China. British wine club operator 67 Pall Mall, for instance, is preparing to open its first
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Saudi Arabia is making bold moves to position itself as the next hotspot for global property investors, particularly those from Hong Kong and mainland China, following a landmark policy shift that will
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UK fintech firm Wise is facing a shareholder rebellion after co-founder Taavet Hinrikus publicly opposed the company’s proposed shift of its primary stock listing to the United States, citing concerns over corporate
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President Anura Kumara Dissanayake, in his capacity as Minister of Finance, Planning and Economic Development, has granted a sweeping package of tax concessions to the Colombo Port City through a series of
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Amazon is doubling down on Britain with a £40 billion investment blitz over the next three years, in a move that promises faster deliveries, thousands of jobs, and a boost to the
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Spotify co-founder Daniel Ek is making waves far beyond the world of music streaming, spearheading a €600 million investment in Helsing, a German defence tech company now valued at €12 billion. The
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U.S. private equity powerhouse Apollo Global Management has announced plans to invest up to $100 billion in Germany over the next decade, marking a significant endorsement of Chancellor Friedrich Merz’s ambitious efforts
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A leading climate scientist advising Saudi Arabia’s ambitious mega-project, Neom, has raised significant concerns that the construction of the futuristic city could have far-reaching impacts on local weather patterns. Donald Wuebbles, an
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by Our Correspondent in Doha Chinese officials have held high-level meetings with Syrian President Ahmed Al-Sharaa to explore avenues for expanding Chinese business operations in Syria, signaling a potential boost in economic
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