Nvidia and iPhone maker Foxconn to build “AI factories”

Nvidia and iPhone maker Foxconn to build “AI factories”

The world's most valuable chip company Nvidia and iPhone maker Foxconn are joining forces to build so-called "AI factories". The...

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X begins charging new users $1 a year in New Zealand, Philippines

X begins charging new users $1 a year in New Zealand, Philippines

Elon Musk's X, formerly known as Twitter, has started charging new users in New Zealand and the Philippines $1 (£0.82) a year...

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Health, petroleum and electricity again gazetted as essential services

Health, petroleum and electricity again gazetted as essential services

A special gazette notification has been published declaring the supply of electricity and all related services, the supply or distribution of petroleum...

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President Ranil meets Indonesian counterpart during China visit

President Ranil meets Indonesian counterpart during China visit

President Ranil Wickremesinghe has underscored the need to enhance the political, economic and cultural ties between Sri Lanka and Indonesia...

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Cinnamon Hotels & Resorts secures quadruple win across its Sri Lanka and Maldives portfolio at SATA 2023

Cinnamon Hotels & Resorts secures quadruple win across its Sri Lanka and Maldives portfolio at SATA 2023

Colombo, Sri Lanka – 17 October 2023: Cinnamon Hotels & Resorts, a key player in shaping hospitality excellence, has once...

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Fitch affirms ratings on 7 Sri Lankan insurers, removes negative watch

Fitch affirms ratings on 7 Sri Lankan insurers, removes negative watch

Fitch Ratings has affirmed the National Insurer Financial Strength (IFS) Ratings of several Sri Lankan insurers and removed them from...

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Union Assurance partners with Commercial Bank to offer support in challenging times

Union Assurance partners with Commercial Bank to offer support in challenging times

Union Assurance, Sri Lanka's foremost Life Insurer, is delighted to announce its partnership with Commercial Bank to introduce a convenient...

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Microsoft completes $69bn takeover of Call of Duty maker Activision Blizzard

Microsoft completes $69bn takeover of Call of Duty maker Activision Blizzard

Microsoft has completed its $69bn (£56bn) takeover of Call of Duty maker Activision Blizzard in the gaming industry's biggest ever...

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Officials warn of a possible pensions crisis by 2028 or 2030

Officials warn of a possible pensions crisis by 2028 or 2030

The Department of Pension states that the department will have to face a financial crisis in paying pensions by the...

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Chamari Athapaththu named ICC Women’s Player of Month for Sept. 2023

Chamari Athapaththu named ICC Women’s Player of Month for Sept. 2023

Chamari Athapaththu has been crowned the ICC Women’s Player of the Month for September 2023 after inspiring Sri Lanka to...

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President Ranil to leave for China tomorrow

President Ranil to leave for China tomorrow

President Ranil Wickremesinghe is scheduled to leave for China tomorrow (Oct. 14) on an official visit. During his stay, Wickremesinghe...

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President takes over Environment Minister’s portfolio

President takes over Environment Minister’s portfolio

The portfolio of the Minister of Environment has been brought under the purview of President Ranil Wickremesinghe. This was announced...

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Nearly half a billion small tech items thrown away

Nearly half a billion small tech items thrown away

Nearly half a billion small electricals such as cables, lights, mini fans and disposable vapes, were thrown away last year,...

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IMF says Sri Lanka must continue reforms to work towards full recovery

IMF says Sri Lanka must continue reforms to work towards full recovery

Sri Lanka has made commendable progress in implementing difficult but needed reforms, but its full recovery is not yet assured,...

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Union Assurance Launches Innovative Retirement Calculator

Union Assurance Launches Innovative Retirement Calculator

In recognition of World Elders Day on October 1st, Sri Lanka’s leading Life Insurer, Union Assurance is proud to announce...

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Int’l consultant appointed to help restructure SriLankan Airlines – Minister

Int’l consultant appointed to help restructure SriLankan Airlines – Minister

In a significant development, Sri Lanka’s aviation sector has reported a substantial profit of Rs. 22 billion in the period...

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Prada to design Nasa’s new Moon suit

Prada to design Nasa’s new Moon suit

Nasa astronauts will be flying in style, with luxury fashion designer Prada helping design space suits for the 2025 Moon...

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IORA Council of Ministers Meeting to be held in Colombo next week

IORA Council of Ministers Meeting to be held in Colombo next week

Sri Lanka will host the 23rd Council of Ministers Meeting of Indian Ocean Rim Association (IORA) which is scheduled to be...

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