As we welcome 2026, Financial Chronicle extends its warmest New Year wishes to our readers, partners, and the wider business community. The year ahead brings renewed opportunity, resilience, and the promise of sustainable growth for Sri Lanka and the region. We remain committed to delivering credible, independent, and data-driven journalism—tracking markets, policy, and enterprise with clarity and purpose. Thank you for your continued trust and engagement. Here’s to a year of informed decisions, shared progress, and enduring optimism. Happy New Year 2026!
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Fitch Ratings Highlights Increasing AI Risks for Software, Media, and Service Corporates
Fitch Ratings-Toronto/New York: Elevated AI-driven credit risks are concentrated in three technology, media and telecommunications (TMT) sectors, with software, media and services facing rising disruption risk while overinvestment risk remains largely confined to hyperscalers and select cloud providers, according to a new Fitch Ratings report. Asset-light businesses where value is driven by intangibles such as
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Gulf Oil Producers Have Already Lost $15 Billion Since the Start of the War
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