As the country faces its worst economic crisis in decades, the governor of Sri Lanka's central bank has announced his retirement.   After all of the country's cabinet ministers resigned, Ajith Nivard Cabraal made his announcement. Angry protestors have also demanded the resignation of the...

On Friday, U.S. automakers reported a drop in domestic sales in the first quarter, as the entire sector was hit by chip shortages and supply chain delays.   Toyota, which will overtake General Motors as the top-selling automaker in the United States in 2021, outsold GM in the first quarter...

Covid-19 restrictions in China are delaying fertiliser supplies to the country's northeastern breadbasket just a month before spring planting, putting this year's corn and soybean crops at jeopardy if not resolved soon.   Fertiliser is normally made in early April and applied to fields later...

Non-fungible tokens, or NFTs, are being considered by a group of Taiwanese puppeteers as a way to help bring their traditional art form into the modern era and keep it relevant for a new audience.   NFTs are crypto assets that represent a digital item such as a picture, video, or even...

While Tesla begins production at its new German plant this month, Volkswagen is just weeks away from finalising plans for a 2 billion euro ($2.2 billion) electric vehicle (EV) factory that it hopes will catch up to its American competitor.   Tesla claims that its new Giga Berlin-Brandenburg...

The Consumer Financial Protection Bureau (CFPB) of the United States announced on Monday that it aims to create "dedicated units" inside its enforcement and supervision divisions to better discover repeat corporate violators.   Rohit Chopra, who became director of the Consumer Financial...

According to EU antitrust chief Margrethe Vestager, a deal between European Union governments and EU parliamentarians that would oblige large internet firms to do more to police the material and content published on their platforms, could be reached by next month.   Vestager had introduced...

The European Union and the United States declared on Friday that they had reached a "in principle" agreement on a new framework for cross-border data transfers, bringing much-needed respite to internet behemoths like Meta and Google.   For more than a year, authorities on both sides of the...

According to two sources, the International Monetary Fund (IMF) will make a decision on Argentina's $45 billion programme on Friday, with the country expected to cross the final obstacle to renegotiate its debt with the Washington-based lender.   The accord would be Argentina's 22nd IMF...

The Office of the United States Trade Representative (USTR) has announced that it had reintroduced 352 product exclusions from U.S. "Section 301" tariffs on Chinese imports that had already expired. The number of inclusions however was far lower than the 549 exclusions that the UST had been...

According to reports quoting an official of the government of Sweden, the Swiss government has frozen roughly 5.75 billion Swiss francs ($6.17 billion) in Russian assets in Switzerland that are subject to sanctions, and the sum is certain to climb.   "Today, for the first time, I can give...