IMF facility debunks Sri Lanka’s bankrupt status: President Wickremesinghe

Colombo, 23/3: President Ranil Wickremesinghe told Parliament on Wednesday that the IMF bailout had restored Sri Lanka’s international recognition, ending the image of bankruptcy and helping the local banks regain foreign investors’ confidence.     The IMF board had on Tuesday approved a $3 billion facility over a four-year period to help Sri Lanka emerge…

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Accenture to acquire Bengaluru-based AI firm Flutura

Bangalore, 23/3: IT services and consulting firm Accenture on Tuesday said it will acquire Bengaluru-based industrial artificial intelligence company Flutura.   The deal size was not disclosed.   Flutura has approximately 110 professionals who specialize in industrial data science services for manufacturers and other asset-intensive companies.   “Flutura will strengthen Accenture’s industrial AI services to…

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Japan PM Kishida arrives in Kyiv for talks with Zelenskyy

Tokyo, 21/3: Japan’s Fumio Kishida arrived in the Ukrainian capital of Kyiv on Tuesday to meet President Volodymyr Zelenskyy, broadcaster NHK said, a rare, unanounced visit by a Japanese leader that signalled Tokyo’s emphatic support against Russia’s invasion.   Kishida is due to voice support and solidarity with Ukraine following the invasion by Russian forces…

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