Anura Kumara Dissanayake, Sri Lanka

Sri Lanka’s President Endorses IMF Bailout, Shifts Stance on Economic Recovery

Sri Lanka’s newly elected President Anura Kumara Dissanayake has announced his support for the International Monetary Fund (IMF) bailout programme, reversing his earlier campaign pledge to renegotiate the deal. This shift reflects the dire state of the country's economy and...
Crude Oil

Oil Prices Edge Higher Amid Geopolitical Tensions and Shifting Market Dynamics

Oil prices inched upward on Thursday, reflecting renewed supply concerns tied to escalating geopolitical tensions in the ongoing Russia-Ukraine war. The uptick comes as market participants balance shifting global demand, stockpile fluctuations, and production uncertainties. Brent crude futures for January...
Russia-Ukraine War

Biden Administration Moves to Cancel $4.65 Billion in Ukraine Debt as Term Nears End

Aimed to bolster Ukraine's resistance against Russia and fortify transatlantic alliances, the Biden administration has notified Congress of its intention to cancel $4.65 billion in Ukrainian debt. This measure represents half of a $9 billion loan issued to Kyiv under...
Adani

Indian Billionaire Gautam Adani Indicted in U.S. for Alleged Solar Energy Bribery Scheme

Indian billionaire Gautam Adani, one of the world’s wealthiest individuals, has been indicted in the United States on charges of orchestrating a bribery scheme that underpinned a massive solar energy project in India. The indictment, unsealed on Wednesday in Brooklyn...
Rent ads

Settlement in Algorithm Discrimination Lawsuit: A Step Toward AI Accountability

When Mary Louis prepared to move into a new apartment in the spring of 2021, she was eager to start fresh. However, her anticipation turned into despair after receiving a curt email that a “third-party service” had denied her tenancy....
Nvidia AI chips

Nvidia’s Revenue Forecast Raises Wall Street Concerns Amid Supply Chain Challenges

Nvidia’s revenue forecast on Wednesday rattled Wall Street, sending its stock down 2.5% in after-hours trading. The company projected its slowest revenue growth in seven quarters, raising questions about whether the artificial intelligence (AI) boom that catapulted Nvidia to prominence...
Kioxia Holdings Corp

Bain-Backed Kioxia to Go Public with a Valuation of ¥750 Billion

Kioxia Holdings Corp., the semiconductor giant backed by Bain Capital, is poised to debut on the Tokyo Stock Exchange with a market valuation of approximately 750 billion yen ($4.84 billion), according to two sources familiar with the matter. The anticipated...
Zomato

Zomato CEO Sparks Debate with Unpaid Job Offer Requiring $23,700 “Fee”

Deepinder Goyal, the CEO of Zomato, one of India’s largest food delivery platforms, has sparked widespread debate after announcing a unique job offer for the position of Chief of Staff. In a move that has both intrigued and divided social...
Thailand-Malaysia Border

Thai Border Crackdown by Malaysia Sparks Educational Crisis for Hundreds of Students

The Malaysian government’s decision to enforce stricter border control measures along the Sungai Golok river has sparked widespread concern among residents and students who rely on this route for daily cross-border education. Beginning December 1, Malaysians crossing into Thailand illegally,...
U.S. Embassy in Kyiv

U.S. Embassy in Kyiv Closes Amid Fears of Major Russian Airstrikes

The U.S. Embassy in Kyiv was abruptly shut on Wednesday, November 20, following a warning from the U.S. Department of State about a "specific information of a potential significant air attack" targeting the Ukrainian capital. In an unprecedented move, the...
Loading posts...

All posts loaded

No more posts