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
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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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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