While centre driven and managed high level economic changes, both structural and financial, are necessary, an assumption that the benefits of such changes will flow to the periphery through a trickledown theory
IndiGo, India’s largest airline, is moving beyond its budget airline image as it expands internationally and introduces more premium offerings, signaling its shift toward a hybrid business model. This transition comes as
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Editorial Sri Lanka stands on the brink of catastrophe, torn between the seductive mirage of progress and the unforgiving abyss of political incompetence. Under the disastrous stewardship of President Anura Kumara Dissanayake,
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Wall Street banks have offloaded almost all of the $12.5 billion in debt that financed Elon Musk’s acquisition of Twitter, marking a dramatic shift in how the debt is perceived by investors.
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Blackstone Group has announced the sale of its stake in First Eagle Investment Management, a move that values the firm at over $4 billion. This decision to offload the 161-year-old asset management
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Italian tax authorities have accused Amazon of evading €1.2 billion in VAT payments, marking the latest crackdown by European regulators on US tech giants operating in the region. The claim, linked to
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Syria’s central bank has flown in a new supply of banknotes from Russia in a bid to alleviate a severe cash shortage that has left the country’s economy on the brink of
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by A Special Correspondent in Colombo A permanent injunction has been issued by the District Judge of Colombo, Sandun Vithana, effectively forbidding illegitimate foreign entities not registered locally, and as insurance brokers,
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The U.S. State Department planned to allocate $400 million over the next five years for a contract to build armored electric vehicles with Tesla, as detailed in government documents. This significant contract,
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On February 4, 2025, Chicago’s business community pushed back against Mayor Brandon Johnson’s proposal to raise real estate transfer taxes, adding to the city’s ongoing economic struggles. Besides a struggling pension fund, high home
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David Webb, one of Hong Kong’s most prominent activist investors and a vocal critic of corporate malfeasance, has revealed that he has months left to live after battling metastatic prostate cancer for
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The Russian rouble saw a significant surge on Wednesday, hitting its strongest level against the US dollar in five months. The currency jumped nearly 3%, reaching 93.8 to the dollar, following the
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In a move set to shake up the crypto market, World Liberty Financial (WLF), a decentralized finance (DeFi) platform supported by President Donald Trump, has unveiled an ambitious “Macro Strategy” aimed at
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As the popularity of prescription weight-loss drugs like Ozempic and Mounjaro continues to rise, so do reports of severe side effects, including a troubling new concern: blindness. Recent evidence is raising alarms
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At the AI Action Summit in Paris, Sundar Pichai, the CEO of Google’s parent company Alphabet, called artificial intelligence the “biggest shift of our lifetimes,” asserting that AI will be a game-changer,
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In a significant policy shift following Donald Trump’s return to the White House, Deloitte US has instructed employees working on government contracts to remove gender pronouns from their email signatures and is
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