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Home > Latest

Lates News

date
25/03/2026
The Colombo Stock Exchange All Share Index in Sri Lanka rose by 3.6%.
Latest
5 m ago
Europe is experiencing a "big exodus" of technology companies, with a total loss of $1.4 trillion.
5 m ago
Data from the Intercontinental Exchange shows that the wholesale natural gas price in the Netherlands has increased by more than 31% in recent months, reaching 71.7 euros per megawatt hour, the highest level since the end of December 2022.
5 m ago
According to data from the Intercontinental Exchange, wholesale natural gas prices in the UK have risen by 25.5% in recent months, reaching 175.00 pence per therm, the highest level since August 2022.
5 m ago
A study found that European technology companies with a total value of 1.2 trillion euros (1.4 trillion dollars) were listed on foreign stock exchanges or eventually fell into the hands of foreign buyers over the past decade. This research, conducted in partnership between the Swedish private equity group EQTAB and consulting firm McKinsey, documented approximately 700 billion euros in acquisitions by non-European companies and initial public offerings of technology companies from 2014 to 2025. By January, these companies were estimated to be worth around 1.2 trillion euros. The study revealed the severity of this issue, which has become a hot topic of concern for European policymakers and capital market experts. As local industry leaders like chip manufacturer Arm (ARM.O) and Spotify (SPOT.N) turn to the United States for greater funding support, the problem is becoming increasingly prominent. Victor Englesson, a partner at EQT and former Chief Technology Officer, stated that this brain drain is bringing economic consequences to Europe, including companies shifting their growth focus elsewhere resulting in job losses. There are also some difficult-to-quantify impacts, such as the loss of local technology and future technology entrepreneurship talent.
6 m ago
The National Highway Traffic Safety Administration of the United States stated that Toyota Motor Engineering & Manufacturing is recalling some vehicles in the U.S. market, due to a problem where the rearview camera does not display, which can limit the driver's rear visibility and increase the risk of collision accidents.
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