SriLankan Airlines improved its underlying operating performance in 2024/25, but engine shortages, 487 flight cancellations, falling passenger revenue and LKR 31.6 billion in finance costs pushed the Group into a LKR 2.74
Howard and Aidan Barclay have been granted six weeks to negotiate a deal with their creditors in an effort to avoid bankruptcy proceedings initiated by HSBC over debts linked to the collapse
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For decades, the Iran–Iraq War has been remembered as a brutal, ideologically charged conflict between two regional rivals that bled each other dry from 1980 to 1988. Nearly a million people were
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by Our Correspondent in Doha The gap between Washington and Tehran has rarely looked wider. As U.S. and Iranian officials prepare for indirect talks in Istanbul under heavy regional mediation, both sides
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by Luxman Aravind Though Sri Lanka parades one of the highest literacy rates in South Asia and flaunts it as evidence of civilisational maturity within global development indices, the country has repeatedly
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A terse announcement from Xinhua, China’s official news agency, was all it took to ignite one of the most intense bouts of speculation in years about the inner workings of the Chinese
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Nearly a month after U.S. military forces intervened in Venezuela and removed Nicolás Maduro and Cilia Flores from power, the country’s political landscape continues to shift in ways that feel both dramatic
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The deployment of a powerful Turkish-made combat drone to a remote Egyptian airstrip near Sudan’s border signals a significant escalation in Sudan’s civil war and suggests that Egypt is being drawn more
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China’s Commercial Aircraft Corporation (Comac) is set to display its full product line, including its flagship narrowbody airliner, the C919, at the Singapore Airshow, which begins Tuesday and runs for six days.
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China’s state-owned aluminium giant Chalco and Anglo-Australian miner Rio Tinto have agreed to acquire a controlling stake in Brazil’s Companhia Brasileira de Aluminio (CBA) in a transaction valued at US$886 million, marking
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China is witnessing a record influx of overseas-educated graduates returning home, drawn by opportunities in fast-growing sectors such as artificial intelligence, advanced manufacturing, and new materials, according to findings from job-recruitment platform
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U.S. President Donald Trump is preparing to launch a strategic stockpile of critical minerals backed by $12 billion in financing, marking a major escalation in Washington’s effort to reduce reliance on China
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U.S. President Donald Trump announced on Monday a sweeping trade deal with India that sharply reduces U.S. tariffs on Indian goods to 18% from 50%, in exchange for India ending purchases of
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OpenAI has grown dissatisfied with some of Nvidia’s latest artificial intelligence chips and has been quietly seeking alternatives since last year, according to eight sources familiar with the matter, a shift first
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Jeffrey Epstein may have fathered multiple secret children, including one allegedly taken from her mother minutes after birth, according to newly released files from the U.S. Justice Department that shed fresh light
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France, a founding member of the European Union and for decades one of its wealthiest economies, is sliding steadily down the continent’s prosperity rankings, raising alarms among economists and commentators who warn
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