Blackstone plans to double its investments in India to $100 billion within five years, with chief operating officer Jonathan Gray describing the country as the firm’s best-performing market and expressing confidence in
To bring an end to the dollar hegemony one doesn’t need one common competing currency, but a number of national ones, according to former Ronald Reagan official and renowned American economist Dr
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In a controversial series of posts, Elon Musk, the billionaire owner of X (formerly Twitter), has drawn intense scrutiny for amplifying disinformation and inflammatory rhetoric surrounding the UK’s “grooming gangs” scandal. According
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Huawei’s audacious move to build its own mobile operating system, HarmonyOS, represents more than a corporate strategy—it signals the emergence of a formidable Chinese alternative to the global mobile software dominance of
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Egyptian Prime Minister Mostafa Madbouly said Wednesday that the country received a record high of 15.7 million tourists in 2024, according to a statement issued by the Egyptian cabinet. Calling the figure
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Chinese startup NeuroXess on Thursday reported two significant clinical-trial milestones: its flexible brain-computer interface (BCI) device successfully decoded the precise intended movements of one patient with a brain injury in real time,
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Tesla China announced on Friday that its electric vehicle (EV) sales in the Chinese mainland hit a record high of 657,000 units in 2024, up 8.8 percent year on year. Tesla also
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The People’s Bank of China (PBoC) is poised to undertake a significant transformation in its monetary policy, aligning more closely with the practices of major global central banks like the US Federal
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Gold is expected to continue its upward trend in 2025, with Wall Street analysts predicting a 7% rise in the price of the yellow metal to approximately $2,795 per troy ounce by
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The global shipping industry is experiencing a significant shift in vessel demand, with shipowners moving away from ordering the massive container ships that once defined the boom in global trade. According to
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It is vital to restart the World Trade Organization (WTO), including its arbitration function, and enhance the role of developing economies in international financial institutions, Russian President Vladimir Putin underscored at the
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The number of active US venture capital (VC) firms has plummeted by more than 25% since its peak in 2021, reflecting a major shift in the industry as financial backers increasingly concentrate
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Hungary is set to forfeit €1.04 billion ($1.07 billion) from its frozen European Union funds, the Financial Times reported on Tuesday. The lost funds are part of €6.3 billion withheld by Brussels
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China is ramping up its efforts to challenge Boeing and Airbus’s dominance in the global aviation market, using its state-developed C919 passenger jet as a flagship project. The C919, a centerpiece of
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IBM has announced its ambitious plan to develop the largest quantum computer to date, targeting a groundbreaking new qubit record in 2025. By linking multiple smaller quantum processors into a single, modular
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Emirates airline will operate an additional scheduled service between Colombo and Dubai, starting from 2nd January 2025. According to the Emirates News Agency, the newly-introduced flight, to operate as EK654/655, increases the
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