Bloomberg Sri Lanka stocks rallied, marking their first day of gains since April 5, after the World Bank said it will allocate funds to ease the nation’s economic crisis. The Colombo All-Share Index ended 6.8% higher, after losing about 15% in the past two days. The bluechip S&P Sri Lanka 20 Index surged 14%. Trading had to be suspended ...

  Bloomberg Billionaire entrepreneur Elon Musk agreed to buy Twitter Inc for $44 billion, using one of the biggest leveraged buyout deals in history to take private a 16-year-old social networking platform that has become a hub of public discourse and a flashpoint in the debate over online free speech. Investors will receive $54.20 for each Twitter share they own, ...

  DUBAI / WAM The Consul-General of China in Dubai, Li Xuhang, said the UAE has succeeded in consolidating the meanings of diversity, inclusiveness and a culture of openness through hosting people of more than 200 nationalities. In an interview with the Emirates News Agency (WAM), Xuhang said the UAE has created a community with a shared future for mankind. ...