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Finance

Nations Trust Bank Posts Strong Start to 2026 with 12% Profit Growth.

May 15, 2026 at 3:11 AM

Nations Trust Bank (NTB) reports a solid 12% growth in Profit After Tax to LKR 4.6 billion for Q1 2026, driven by a 10% increase in loan growth and strategic portfolio expansion, including the acquisition of HSBC's retail business in Sri Lanka.

10 sources

Technology

A* Capital Secures $450 Million for Third Fund with Contrarian Investment Strategy.

May 12, 2026 at 6:52 PM

7 sources

Finance

Image Source : alternativefundinsight.com

Millennium Management Solidifies Dominance Through Strategic Jain Global Acquisition.

April 28, 2026 at 4:37 PM

10 sources

Finance

Hedge Fund Titan Jain Global Shifts Strategy to Become Exclusive Millennium Asset Manager.

Bobby Jain's firm, Jain Global, is returning approximately $6 billion to external investors and transitioning into an exclusive investment manager for Millennium Management, aiming to leverage the platform's infrastructure and resources.

April 27, 2026 at 2:52 PM

17 sources

Sri Lanka Seeks Global Private Sector Partners for Mattala Airport Revitalization

Image Source : aviationvoice.lk

Local News•

April 26, 2026 at 5:30 AM

Sri Lanka Seeks Global Private Sector Partners for Mattala Airport Revitalization.

The Ministry of Ports & Civil Aviation has officially launched a call for Expressions of Interest (EOI) from international investors to revitalize the Mattala Rajapaksa International Airport (MRIA) through new aviation-focused investment opportunities.

31 sources

Technology

Bengaluru-Based Snabbit Eyes $400M Valuation in Massive New Funding Push.

April 25, 2026 at 3:00 PM

Indian home-service startup Snabbit is set to secure approximately $50 million in a new funding round, pushing its company valuation to nearly $400 million amid a surge in demand for on-demand domestic help.

7 sources

Bengaluru-Based Snabbit Eyes $400M Valuation in Massive New Funding Push

Technology

Image Source : appinventiv.com

Wall Street’s Multi-Billion Dollar AI Bet: Redefining Banking Survival.

April 20, 2026 at 4:16 AM

8 sources

Local News

Nations Trust Bank Poised for Robust Growth Following Strong Financial Performance.

First Capital Research reports that Nations Trust Bank (NTB) is entering a phase of sustainable growth, supported by a clean balance sheet, improved asset quality, and strategic expansion plans including the acquisition of HSBC's retail operations in Sri Lanka.

April 20, 2026 at 12:18 AM

7 sources

Business

Image Source : stockanalysis.com

Investment Caution: Apollo President Questions Long-Term Returns on Massive AI Spending.

April 17, 2026 at 5:39 AM

7 sources

Fintech Startup Slash Achieves $1.4 Billion Valuation in Latest Funding Surge

Technology•

April 16, 2026 at 7:24 PM

Fintech Startup Slash Achieves $1.4 Billion Valuation in Latest Funding Surge.

Slash Financial, a business banking platform founded by young entrepreneurs, has secured $100 million in Series C funding, reaching a $1.4 billion valuation.

7 sources

Finance

Short Selling Veteran Carson Block Forecasts AI-Driven Market Turbulence.

April 13, 2026 at 4:36 AM

Renowned short seller Carson Block argues that the rapid rise of AI and the dominance of passive investing are creating a fragile market environment ripe for significant corrections.