President Anura Kumara Dissanayake yesterday said both Sri Lanka and Viet Nam have agreed to further strengthen economic cooperation with the aim of increasing bilateral trade to US$ 1 billion by 2030.
Toyota expects a sharp decline in profit as rising material and shipping costs tied to the Iran conflict pressure its business, according to Bloomberg.
The Committee on Public Finance (CoPF) has raised concerns regarding the failure of the National Development Bank (NDB)’s audit committees to detect a massive internal fraud, estimated at over Rs.13 billion and the effectiveness of its internal controls.
Opposition Leader Sajith Premadasa welcomed President of Viet Nam Tô Lâm to the Parliament yesterday (8), describing Viet Nam as a model nation that has successfully transformed adversity into economic growth, prosperity, and inclusive development.
“A new world order must be built to ensure economic justice and equal political security for all nations. An end to the arms race is an essential prerequisite for the establishment of such an order.”
Digitalization refers to the use of digital technologies and data, as well as their interconnection, which results in new technologies or changes to existing ones. In recent years, digitalization has significantly increased, especially in industries such as banking. For example, most banks now provide internet banki…
The Embassy of Sri Lanka in Addis Ababa marked the official assumption of duties by Ambassador-designate Nirmala Indumathie Dias Paranavitana. She will also serve as Sri Lanka’s Permanent Observer to the African Union and the United Nations Economic Commission for Africa (UNECA).
From Bill Dubuque, creator of Ozark, M.I.A. hits Peacock with all eight of its episodes at once. Shannon Gisela stars as Etta, smart, resourceful, and college-bound, who’s also a little spontaneous: maybe she’d like to stay in South Florida and work for the family business, which includes a bustling marina, tourist …
Sydney’s once-common $500,000 houses have disappeared over the past 20 years, data shows, with runaway price growth transforming the city’s property market in that time.
Australia’s corporate cop has long been fighting off claims that it’s a toothless tiger – a criticism that comes with the territory. But when Joe Longo became chair of the Australian Securities and Investments Commission (ASIC) in 2021, he faced more than the usual challenges that confront every ASIC boss.
SAN JOSE, Costa Rica (AP) — Laura Fernández was sworn in Friday as president of Costa Rica alongside her predecessor, outgoing President Rodrigo Chaves, an ally of U.S. President Donald Trump who will be serving dual roles as her mi nisters of the presidency and finance.
The spring housing season hit a speed bump this week as rising mortgage rates and global economic uncertainty prompted both buyers and sellers to retreat.
KYIV — Russia and Ukraine traded attacks Friday, with a two-day unilateral ceasefire that Moscow had declared around its World War II commemorations appearing to be in tatters.
OnlyFans announced Friday that it reached a deal to sell a roughly 16% stake to Architect Capital that values the porn streaming site at $3.15 billion, after the Silicon Valley investment firm struggled to clinch backers.
A general view of Lincoln Financial Field during the second half of an NFL football game between the Philadelphia Eagles and the Arizona Cardinals, Sunday, Oct. 8, 2017, in Philadelphia. (AP Photo/Michael Perez, File)
Jane Street pulled in a record haul of $16.1 billion in trading revenue for the first three months of the year, as the Wall Street market maker benefited from bouts of increased market volatility and a jump in the value of its stakes in top AI companies like Anthropic, according to people familiar with the matter.
I have travelled to the UAE countless times, in various capacities – privately, as Austria’s foreign minister and later as my country’s chancellor. In recent years, I have spent about one week per month here, even establishing an office in Abu Dhabi. In many ways, it has become a second home.
Michael Burry of "Big Short" fame is warning that the stock market's fixation on artificial intelligence is beginning to resemble the final stages of the dot-com bubble.
Already looking like something right out of the dot com bubble, Intel stock soared even more moments ago, surging almost 20% and hitting a new all time high over $130 (it was trading at $80 a few days ago), after the WSJ reported that the White House-backed chipmaker has reached a preliminary agreement to manufactur…
Nintendo’s annual profit surged 52% in the last fiscal year, lifted by solid sales of its Switch 2 machines and software, the company announced Friday.
Moderna is out with timely news that it is working on early-stage research on vaccines targeting hantaviruses. The news comes as a Spanish woman has been hospitalized for a suspected infection, while a hantavirus cluster has ravaged a Dutch-flagged cruise ship, with five confirmed and three suspected cases of hantav…
FRANKFURT, Germany — Porsche said Friday it will close three subsidiaries, including an EV battery developer, with the loss of more than 500 jobs, in the latest sign of strains for the German luxury auto manufacturer.
ROME — U.S. Secretary of State Marco Rubio declared himself "a strong supporter of NATO" after talks with Italian Prime Minister Giorgia Meloni on Friday, as political friction between the two allies brews.
Nearly seven weeks after OnlyFans owner and billionaire Leonid Radvinsky died, and after months of reports that the sex-worker streaming platform was exploring a stake sale, the Financial Times reported Friday morning that San Francisco-based Architect Capital is preparing to buy a minority stake in the company.
A massive cyberattack that crippled the Canvas online learning platform as finals were getting underway at many universities could leave them scrambling for as long as a month — and expose the education software giant to major legal and financial fallout, cybersecurity experts told The Post.
Artificial intelligence could make cyberattacks a systemic threat to global finance, the International Monetary Fund has warned, saying advanced models can help attackers exploit vulnerabilities faster than institutions can fix them.
Artificial intelligence could make cyberattacks a systemic threat to global finance, the International Monetary Fund has warned, saying advanced models can help attackers exploit vulnerabilities faster than institutions can fix them.
SLOWER-THAN-EXPECTED first-quarter growth has underlined expectations of a below-target outcome for 2026, with Fitch unit BMI revising its forecast to 4.2 percent from 4.7 percent and Bank of America (BofA) maintaining its markedly lower projection of 2.0 percent.
Lucky Strike Entertainment is facing a new lawsuit accusing it of operating an illegal monopoly of bowling centers across the country – allegedly jacking up prices, pushing alcohol and gambling and tarnishing a cherished American pastime.
COLOMBO — Vietnam's President To Lam called for deeper defense and trade ties with Sri Lanka on Friday, noting the South Asian island's strategic position in the Indian Ocean.