Saudi Arabia has temporarily shut its 1,200-kilometre East-West oil pipeline after a drone attack damaged the vital crude conduit, adding to mounting disruptions to energy flows across the Middle East as the
Three oil tankers have sustained blast damage in the Mediterranean over the past month, shipping and security sources revealed to Reuters. These incidents mark a rare occurrence, as non-military vessels have not
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U.S. President Donald Trump is considering imposing 25% tariffs—or higher—on imports of cars, pharmaceuticals, and semiconductors as part of an escalating trade war, Financial Times (FT) reports. Speaking on Tuesday, Trump indicated
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BlackRock, the world’s largest asset manager, has canceled meetings with companies engaged in shareholder battles following new guidance from the U.S. Securities and Exchange Commission (SEC), the Financial Times (FT) reports. The
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China’s holdings of US Treasury bonds have fallen to their lowest level since 2009, as Beijing continues to diversify its foreign reserves and shift assets into lower-profile accounts. According to data published
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Silver Lake, a prominent US private equity group, is in negotiations to acquire a majority stake in Intel’s Altera unit, marking a significant move as the chipmaker seeks to offload non-core assets
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The Ceylon Chamber of Commerce welcomes bold proposals in the budget that align with its recommendations, Sri Lanka Economic Summit discussions, and Vision 2030 goals. The 2025 Budget focuses on stability, governance,
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Meta Platforms, the parent company of Facebook and Instagram, has regained its position as a Wall Street favorite, fueled by growing optimism about its AI investments. According to The Times UK, Meta’s
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North Korea is officially reopening its borders to Western tourists after nearly five years of closure, as the country becomes one of the last to welcome international visitors following the COVID-19 pandemic.
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On a clear morning in June 2023, I arrived in the city of Dali, located in China’s southwestern province of Yunnan, and was received by He Licheng, a local resident and farmer
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Phenix Lumber Co. in Phenix City, Alabama, earned the grim title of the deadliest workplace in America, with the highest rate of fatal workplace incidents per worker from 2019 to 2023, according
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