German gamblers could reclaim losses after court rulings
Elan Castanares German gamblers may be able to recover losses from online gambling operators that lacked the required German licences.
Economy
Port of Los Angeles logs busiest quarter on record
KC Maderia The Port of Los Angeles recorded its busiest quarter on record from July to September, handling nearly 3…
Elon Musk unveils Tesla’s new ‘flying’ car
Carmela Calling The global automotive and tech landscapes have reacted with astonishment following the official debut of Tesla’s next-generation Roadster.
Economics Nobel honors two researchers behind today’s inflation, recession playbook
Levi Mora The 2026 Nobel Prize in Economic Sciences has been awarded to Robert E. Hall of Stanford University and…
US mulls easing sanctions on Russia’s shadow fleet to curb freight costs
James Mario Ajero Escalating freight costs have prompted the United States government to consider lifting sanctions on Russian shadow fleets to…
Somalia forges JF-17 fighter acquisition deal with Pakistan
The Somali Air Force is set for a major upgrade as Mogadishu has reportedly signed a deal for…
ASEAN, India strengthen strategic security, cultural ties
Association of Southeast Asian Nations (ASEAN) member states and India have reinforced their strategic partnership through naval drills…
Russian government proposes to raise defense spending to $202bn in 2027 budget
Russia's defence expenditures are set to increase in 2027, following the government's proposal to raise military funding to…
UNDP warns of ‘wake-up call’ as global poverty rises
Angelica N. Hall The rise in global poverty should serve as a "wake-up call for the world," United Nations Development Programme…
Pan Asia Bank part-finances Sri Lankan govt’s 10 MW battery storage facility in Galle
Pan Asia Bank has provided part-financing for a 10 MW/40 MWh battery energy storage system (BESS) in Galle,…
Sri Lanka faces growing shadow economy challenges despite recovery efforts
Maybelene Marcelino Sri Lanka continues to recover from its worst economic crisis, but new data suggest informal activity and corruption…
Germany abandons mega frigate project in favour of TKMS ships
Budgetary concerns and system integration hurdles have caused Germany to terminate its mega-frigate flagship programme with Dutch shipbuilder…
Samsung leverages AI boom to deliver 780% profit surge
Samsung Electronics has posted a 780% leap in third-quarter operating profit compared with the same period a year…
Film news: Paramount takes over Warner Bros, creating Skydance
Mary Mae Balasanos Paramount and Warner Bros. combined is now called Skydance after Paramount successfully completed its takeover deal.
Vietnam urged to boost coffee value as export earnings fall
Diana Mae Y. Cleto Vietnam's coffee industry needs to move away from focusing on increasing export volume and instead boost product value…
India aims to expand its LNG sources as global oil exports rebound
Eugene Nicklaus S. Laqui The Indian government has confirmed efforts to expand the subcontinent's source of liquefied natural gas (LNG) to continue…
Philippine anti-money laundering body details PHP4.4bn Duterte-Carpio transactions in trial
Anti-Money Laundering Council (AMLC) Executive Director Ronel Buenaventura on Monday presented records of billions of pesos in transactions…
Months-long process needed to decongest global ports, report says
Amid El Niño-driven weather, geopolitical tensions and a string of typhoons affecting the maritime sector, global port congestion…
Skills training programme to benefit over 100,000 Sri Lankans
A new skills training programme approved by the Sri Lankan government is expected to benefit more than 100,000…
Three biggest changes announced by Andy Burnham at the Labour Party conference
Adam Peaker British Prime Minister Andy Burnham announced a swathe of policy changes and plans during his party's conference in…
Transit of Russian, Belarusian grain prohibited in Estonian ports
Geoffrey H. Latayan The sea-based transit of grain from Russia and Belarus will be banned in Estonia after its government imposed…
Film news: Universal just crossed $5billion, and it’s not done yet
Remember when studios were chasing billion-dollar movies? Universal decided to collect several of them. The studio has officially…
UK bets on two new major projects to revive its shipbuilding sector
The British government has unveiled one of its ambitious attempts to revive its ailing shipbuilding industry by funding…
Sri Lanka government remains committed to raising income tax-free threshold to LKR200,000
Economic Development Deputy Minister Nishantha Jayaweera informed Parliament that the government of Sri Lanka is still committed to…