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
Credit card defaults in the United States have reached their highest level in 14 years, reflecting a sharp increase in financial distress among consumers, particularly those from lower-income households. This surge in
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Boeing’s 737-800, part of the company’s widely used 737 Next Generation (737NG) series, has once again come under scrutiny following a series of alarming incidents involving the aircraft. In just 24 hours
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Prototypes of the CR450 bullet train, with a test speed of up to 450 kilometers per hour and an operational speed of 400 kilometers per hour, were debuted in Beijing on Sunday,
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by Chen Dongshu, Wu Yue In the sweltering heartland of Sri Lanka, where sunshine, heat, and abundant water conspire to create a tropical paradise, a seed sown often bursts into life with
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Cargo transportation along the Northern Sea Route (NSR) has hit a record 37.3 million tons by the end of 2024, showcasing the growing significance of this Arctic corridor for global trade. This
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by Our Correspondent in Colombo Sri Lanka is poised to move forward with plans to construct three nuclear power plants, each generating 900 megawatts of electricity, by 2035. The country’s Atomic Energy
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The BRICS Business Council has announced plans to establish a logistics hub in the United Arab Emirates (UAE), a decision that could significantly reshape global trade dynamics among its member nations and
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Global corporate debt issuance surged to an all-time high of $8 trillion in 2024, driven by robust investor demand and declining borrowing costs, The Financial Times reported. The issuance of corporate bonds
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China’s first commercial reactor device for the online irradiation production of isotopes was officially put into operation Thursday at the Qinshan Nuclear Power Base operated by China National Nuclear Corporation (CNNC), with
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A Chinese research team has achieved a significant breakthrough in wireless energy transfer and positioning, with findings published in the international academic journal Nature Communications. As the rapid development of smart devices
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In South Africa’s old mining heartland, a dramatic rescue unfolded this month in the Buffelsfontein gold mine, a site abandoned decades ago but still rife with danger. A Mozambican miner, weak and
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Electric vehicles (EVs) are expected to outsell traditional internal combustion engine (ICE) vehicles in China for the first time next year, marking a historic turning point for the world’s largest car market.
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The explosion of hostilities in Ukraine in 2022 has so far been a godsend to Western generals and military-industrial tycoons as NATO bosses rushed to ramp up their military spending. This year,
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The European Union (EU) is depleting its natural gas reserves at the fastest pace since the energy crisis of 2021, driven by colder weather and a reduction in seaborne liquefied natural gas
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Panama’s President Jose Raul Mulino on Sunday dismissed recent threats made by U.S. President-elect Donald Trump to retake control of the Panama Canal, reaffirming that “the sovereignty and independence” of Panama are
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