Sri Lanka’s Cabinet has approved the award of a major aviation fuel infrastructure contract to China Petroleum Pipeline Engineering Company Limited, covering the construction of facilities to transport aviation fuel from Muthurajawela
by Our Correspondent in Colombo Sri Lanka is facing a deepening political crisis as Energy Minister Kumara Jayakody is set to resign from his post, citing ongoing legal proceedings against him. The
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A dramatic confrontation at the United Nations Security Council has underscored the growing risk of a wider international crisis, as Russia and China vetoed a resolution condemning Iran’s closure of the Strait
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The streets of south Tel Aviv still carry the visible scars of war. Shattered glass litters sidewalks, broken shutters hang from aging buildings, and entire sections of neighborhoods remain damaged after a
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A recent audit report issued by the National Audit Office has exposed significant financial losses in Sri Lanka due to the procurement of substandard coal, raising serious concerns about oversight and economic
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CK Hutchison Holdings Ltd. has initiated arbitration in London against A.P. Moller-Maersk A/S following Panama’s forced takeover of its two ports, intensifying a high-stakes dispute over strategic assets along the Panama Canal.
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India is moving away from cheaper China-made high-speed cameras for highway tolls, citing security concerns, and is instead sourcing equipment from suppliers in the US, Germany, and Taiwan, according to people familiar
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EVE Energy Co., one of China’s leading lithium-ion battery manufacturers, announced plans to build two new plants with a combined annual capacity of 110 gigawatt-hours at a total investment of 11 billion
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The Reserve Bank of India (RBI) kept its benchmark repurchase rate unchanged at 5.25% in its first policy decision since the outbreak of the Middle East crisis, signaling a cautious approach amid
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A refinery project in Brownsville, Texas, promoted by the President Donald Trump as a “historic $300 billion deal,” will reportedly involve only around $40 million in initial investment from Reliance Industries, according
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Bill Ackman’s Pershing Square Capital has made a bold bid to acquire Universal Music Group, the world’s largest record label, in a deal valuing the company at roughly €55 billion. Financial Times
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Jeff Bezos’s Project Prometheus has recruited Kyle Kosic, a co-founder of Elon Musk’s xAI and former OpenAI engineer, signaling the start-up’s aggressive push to dominate industrial AI applications. According to reporting by
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The appointment of Adolf Hitler as chancellor of Germany in January 1933 remains one of the most scrutinized events of the twentieth century. In his latest book, Irresponsables, historian Johann Chapoutot delves
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Fatih Birol, the Turkish economist and executive director of the International Energy Agency (IEA), has issued stark warnings about the escalating global energy crisis as the Strait of Ormuz remains blocked, keeping
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by Our Correspondent in New Delhi From personal allegations to identity flashpoints and the rise of new political faces, the run-up to the 2026 Assam Assembly elections has been shaped by a
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In Malda, a man who has voted in every election since 1984—holding a ration card, an Aadhaar number, and a name listed on previous electoral rolls—was this year asked to prove that
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