Oil prices fell on Thursday as investors assessed the risk of supply disruptions following attacks on ships in the Strait of Hormuz and considered the outlook for global crude supplies outlined in
Shares of Contemporary Amperex Technology Co. Ltd (CATL), the world’s largest electric-vehicle battery manufacturer, surged 12.6% on Tuesday as it launched the biggest public offering globally so far this year. The secondary
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The European Union’s agriculture commissioner, Christophe Hansen, has cautioned against diverting funds from the bloc’s €387 billion Common Agricultural Policy (CAP) to bolster defence spending, emphasizing the critical role of food security
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Japan’s Nippon Steel has dramatically raised its investment commitment in US Steel to $11 billion in a bold effort to win over former President Donald Trump and secure approval for a politically
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Maruti Suzuki, India’s largest carmaker, is setting its sights on the next generation of Indian car buyers in a bold move to reclaim its dominant position in the country’s auto industry. In
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Chinese shipments of Apple Inc.’s iPhones and other mobile devices to the United States plunged to their lowest levels since 2011 in April, Bloomberg reported on Tuesday, illustrating the severe disruption caused
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Turkish aviation services company Çelebi has launched legal action against the Indian government after its security clearance was abruptly revoked, halting its operations at nine major Indian airports and throwing nearly 3,800
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In a major turning point for European defense policy, EU member states have reached a political agreement to launch a €150 billion loans-for-arms initiative, according to reporting by the Financial Times. The
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Argentina’s libertarian President Javier Milei is set to unveil sweeping reforms aimed at drawing billions of undeclared U.S. dollars back into the formal economy, according to a recent Financial Times report. The
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Tensions between the United States and China are once again intensifying, just days after a temporary truce in their ongoing trade war was announced in Geneva. Despite agreeing to pause tariffs for
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NDB Bank is honoured to extend its support towards a deeply humanitarian initiative led by the Sri Lanka Amarapura & Ramanya Samagi Union to aid victims affected by the recent devastating earthquake
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China will impose a steep 75 percent anti-dumping tariff on imports of polyformaldehyde copolymers from the United States, intensifying ongoing trade friction between the world’s two largest economies, the Ministry of Commerce
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Delays in export approvals for Chinese rare earth materials have sparked growing concern among global manufacturers, as Beijing’s new licensing regime begins to strain international supply chains for industries ranging from electric
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In a significant development signaling Beijing’s ongoing recalibration of its foreign reserves strategy, China’s recorded holdings of US Treasuries have dipped below those of the United Kingdom for the first time since
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by Our Correspondent in Colombo Frustrated investors in the stalled Kelsey Central Park Ja-Ela Housing Project are calling for urgent government action after years of delays and inaction. On March 27, 2025,
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Hidden “kill switches” embedded in Chinese-made solar power equipment have been discovered in US solar farms, raising fears that Beijing could remotely disrupt critical electricity infrastructure in the event of escalating tensions
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