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Barclays is out with a report on nuclear and how the industry is progressing from conviction to construction. The report highlights year-to-date regulatory developments, demand and execution signals and market pricing across the industry.
Brady Tkachuk is tired of trade talks.
Jerome Powell said he plans to remain on the board of the Federal Reserve after his term as chair ends next month “for an undetermined period of time,” saying the “unprecedented” legal attacks by the Trump administration have put the independence of the nation’s central bank at risk.
Elon Musk said he was a “fool” to trust Sam Altman with the future of OpenAI in his second day of testimony in the bombshell trial over the future of the artificial intelligence giant.
Buckle up, Bel Air. The City of Angels is once again about to rewrite the record books with a jaw-dropping mega mansion that’s hitting the market, with an asking price that resembles that of a big-budget Hollywood blockbuster: $400 million.
Saudi Arabia's Public Investment Fund will end funding of the LIV Golf league after the 2026 season, two people familiar with the matter told CNBC's Sara Eisen, leaving the controversial golf venture in limbo.
The last of the giga-caps to report today, the increasingly more misnamed Meta Platforms, had some good news to report for the just completed Q1. It also had bad news, and judging by the plunge in the stock price, the market is focusing on the latter.
CHANGWON, South Korea, April 30 (Yonhap) -- GM Korea Co., the South Korean unit of General Motors Co. (GM), has reaffirmed its commitment to maintaining operations, dismissing persistent market rumors of a potential exit, while also noting that ongoing geopolitical tensions in the Middle East have not disrupted its …
(ATTN: ADDS more info, remarks in paras 15-18)By Song Sang-ho
President and Chief Investment Officer of Alphabet and Google Ruth Porat waits for Britain’s King Charles III to arrive at a UK-U.S. trade event at Rockefeller Center, Wednesday, April 29, 2026, in New York. (Cindy Ord/Pool via AP)
Bill Ackman‘s long-anticipated Wall Street debut flopped on Wednesday, as shares of his new closed-end fund tumbled 18% on the New York Stock Exchange despite the hedge-fund billionaire’s rampant following on social media.
In our preview of Amazon's earnings, we summarized sentiment as "Bullish, But Concerns Remain" with JPM noting that client "conversations were heavily AWS-skewed with investor focus on degree of acceleration and cloud $ re-capture driven by core workloads, AI, & new partnerships. Still, some concerns remain on broad…
Ottawa Senators’ Brady Tkachuk looks on after the team was eliminated by the Carolina Hurricane in Game 4 of a first-round NHL hockey Stanley Cup playoff series against the Carolina Hurricanes in Ottawa, Ontario, Saturday, April 25, 2026. (Justin Tang/The Canadian Press via AP)
(ATTN: RECASTS headline, lead; UPDATES throughout)By Song Sang-ho
Heading into the "biggest earnings day ever", MSFT was near the bottom of the Mag7 group, down 22% from its 52-week high, with capacity constraints hampering growth and CapEx concerns weighing down the stock.
Authorities announced Wednesday that former Atlanta Hawks finance executive Lester T. Jones Jr. was sentenced to three years and five months in prison for embezzling approximately $3.7 million from the team through fraudulent expense reimbursement requests and misuse of corporate credit cards.
More jumps for oil prices sent tremors through the bond market, along with hints that some Federal Reserve officials don’t want to cut interest rates any time soon. But fat profit reports from Visa and other big companies helped the U.S. stock market remain resilient Wednesday.
Russian President Vladimir Putin said Wednesday that Moscow is looking to deepen economic cooperation with the Republic of the Congo, as Russia continues efforts to strengthen ties across Africa through trade, investment and debt relief.
Four suspiciously-timed trades on the oil futures market have analysts and traders outraged — calling out corruption in the industry or, even worse, data leaks at the highest level.
Friendster, the once-dominant social media platform of the early 2000s, has officially returned, aiming to recapture the spirit of its original community while adapting to modern digital habits.
A man walks with a robot dog at the Beijing International Automotive Exhibition, or Auto China, in Beijing, on April 24. China has made disproportionately heavy investments in robots. © Reuters
Sri Lanka’s economic performance in 2025 marks a significant turning point in the country’s modern economic history. According to the latest Central Bank report, which was recently published, Sri Lanka has achieved a robust economic growth rate of 5%, signaling a strong recovery trajectory following years of fiscal …
Flooding in Bangkok. Asia faces a wide gap between insurance coverage and potential economic losses from natural disasters. (NurPhoto via Getty)
The Federal Reserve has held US interest rates steady after what was expected to be Jerome Powell's final meeting as chair.
Smallholders of oil palm cultivation and experts in the economic agriculture sector emphasized that resuming oil palm cultivation can easily earn foreign exchange while quenching the local demand for edible oil.
Speaker Dr. Jagath Wickramaratne stated that a comprehensive audit had been conducted on the financial management of the eighth and ninth Parliaments and the Auditor General will present the report to Parliament within a month. He made these remarks while visiting the Mahanayake Theras of the Malwatte and Asgiriya C…
Taxis line up for customers in Sapporo, the capital of Hokkaido prefecture. (Photo by Akitoshi Sugiura)
Media Deputy Minister Dr. Kaushalya Ariyaratne while refuting SJB MP Dr. Harsha Silva’s claim yesterday said that Finance Ministry Secretary Dr. Harshana Sooriyapperuma has not refused to appear before the committee.
Sri Lanka Insurance Corporation General Limited (SLICGL) delivered a remarkable performance in 2025, reinforcing its position as Sri Lanka’s leading general insurer with outstanding results across key financial metrics. The company sustained a Gross Written Premium (GWP) of Rs. 30.3 billion, demonstrating the resili…
MP Ravi Karunanayake has urged the Government to prioritise the settlement of US$ 2.5 million owed to the Australian government, asserting that doing so would position Sri Lanka to seek Australia’s assistance in navigating the ongoing financial difficulties.
Along Monbulk Creek in Melbourne’s south-east, a platypus forages for prey. It’s busy business, being a platypus.
The Bank recorded a Profit Before Income Tax (PBT) of LKR 4,548Mn in Q1 2026, against LKR 4,199 Mn reflecting a growth of 8.31%. For the three months ended 31st March 2026, Profit after Tax recorded by Seylan Bank was LKR 2,906 Mn with a growth of 5.25% against LKR 2,761 Mn recorded in the corresponding period of 2025.
Bilateral trade between France and Sri Lanka stood at 556 million Euros in 2025,with French exports to Sri Lanka amounting to 85 million Euros, while French imports from Sri Lanka reached 470 million Euros.
Sri Lanka Cricket (SLC) has provided a financial grant to rising javelin thrower Rumesh Tharanga Pathirage who has went on to set up a new meet record of 89.28m and won the gold medal at the AIP Keino Classic Meet in Nairobi, Kenya recently. He was awarded Rs. 10 million.
British Cosmetics (Private) Limited, one of Sri Lanka’s leading manufacturers of premium skincare, cosmetics and personal care products, has entered into a strategic partnership with Ethera Business LLC to support a disciplined expansion into international markets.
Nihal Weerapana, Chief Recovery Officer and Charith Jagoda, Head of SME/Personal Finance at the Baddegama relocation ceremony.
Elektrateq (Private) Limited and Mobility as a Service (Private) Limited, operating under the brand Elexi, announced the signing of two landmark commercial agreements, marking a significant milestone in their collaboration to accelerate the adoption of electric mobility in Sri Lanka.
Doc990, Sri Lanka’s pioneering digital health solutions provider operated by Digital Health (Pvt) Ltd, a subsidiary of Dialog Axiata PLC, has announced the introduction of a cashless channelling facility in collaboration with Softlogic Life for their corporate policyholders.
At a pivotal stage where the Sri Lanka Export Credit Insurance Corporation (SLECIC) is building on a strong foundation and embracing a renewed strategic direction, the Corporation has announced the appointment of Upeksha Subasinghe as its new General Manager.
The gentle rhythms of ‘Avurudu’ came alive in a uniquely meaningful way this year at La Serena, where residents of the beachfront retirement resort gathered to celebrate the Sinhala and Tamil New Year in a spirit of warmth, companionship and shared joy.
Sampath Bank PLC continues to transform Sri Lanka’s banking landscape through the introduction of a fully integrated, AI-driven lending ecosystem, reinforcing its leadership in intelligent, data-led financial solutions.
Sri Lanka’s most Trusted and Innovative media services provider
Sri Lanka’s most Trusted and Innovative media services provider
Sri Lanka’s most Trusted and Innovative media services provider
The OPEC Fund for International Development has launched a US$ 1.5 billion initiative to support economic stability, trade and resilience in partner countries amid rising global pressures.
Treasury Secretary Dr. Harshana Suriyapperuma has informed the Committee on Public Finance (CoPF) in writing that he will not be appearing before the committee today (30).
Oil prices kept spurting higher and neared their highest levels since 2022. The leap, along with hints that some Federal Reserve officials don’t want to cut interest rates any time soon, sent tremors through the US bond market, but US stocks dipped only modestly.
Kao started operations at a cleaning agent development center in its Taiwanese subsidiary's research facility this month. (Kao)
For Hamish Studholme, a tunneller across some of Sydney’s biggest transport infrastructure projects for about 20 years, an uncomfortable truth became impossible to ignore. Even as contracting companies slowly introduced measures to mitigate the threat of silicosis, an incurable lung disease caused by inhaling tiny p…