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Sri Lanka seeks $1 billion loan from China amid debt woes

Sri Lanka is negotiating a $1 billion loan from China to construct a highway linking the capital Colombo to the hilly resort city of Kandy, even as the heavily-indebted South Asian island nation makes arrangements to pay down $5.9 billion in foreign loans this year. Finance Ministry...

GM to lay off about 4,000 salaried workers: source

General Motors is expected to lay off about 4,000 salaried workers under a reorganization announced late last year, a person familiar with the matter said Friday. The layoffs are part of a cost-cutting plan GM announced in November, which will slash 15 percent of its salaried and contract...

Chavez-era ex-officials turn backs on Venezuela's Maduro

They embraced the socialist revolution of late leader Hugo Chavez along with millions of other Venezuelans, but four former officials have now been left disillusioned by Nicolas Maduro's regime. These officials from the Chavez era consider Maduro "illegitimate," but they are torn between...

US spies elevate China rivalry to war of ideologies

In a move that could harden Washington's posture toward Beijing for years, the US intelligence community has characterized relations with China as a global ideological showdown that will not be doused by trade deals or commercial theft crackdowns. US spy chiefs abruptly shifted their view...