International

Musk to jury

Musk to jury: Just Because I Tweet Something, Doesn’t Mean People Believe it

January 21, 2023

Elon Musk, Tesla (NASDAQ:TSLA) Inc’s chief executive, testified on Friday that investors do not always react to his Twitter messages as he expects, defending himself in a fraud trial over his 2018 tweet that he had funding to take the electric carmaker private. Musk’s testimony began with questions about his use of Twitter, the social […]

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South Korea

South Korea Dec Factory Activity Weakens on Demand Slump, Trucker Strike – PMI

January 2, 2023

South Korea’s factory activity shrank for a sixth consecutive month in December, a business survey showed on Monday, as the global economic downturn and a local truckers’ strike led to the worst slump in demand in 2-1/2 years. The S&P Global (NYSE:SPGI) purchasing managers’ index (PMI) for South Korea manufacturers fell to a seasonally-adjusted 48.2 […]

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airport scrambles

Philippines Main Airport Scrambles To Restore Normalcy After Power Cut

January 2, 2023

The Philippines’ main gateway remained on reduced operations on Monday after a New Year power outage that jolted its air traffic control, with authorities scrambling to resume full service after more than 300 flights were disrupted. The ageing Ninoy Aquino international airport was early on Monday handling a maximum 15 arrivals per hour compared to […]

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political crisis in Sri Lanka

Fuel prices in Sri Lanka have risen to an all-time high of Rs 420 a litre

May 24, 2022

The crisis hit Sri Lanka and raised the price of gasoline by 24.3% and diesel by 38.4% on Tuesday, a record increase in fuel costs in the country’s greatest economic crisis due to a lack of foreign exchange reserves. With the second increase in fuel prices since April 19, the most commonly used Octane 92 […]

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conflict in Ukraine

Ukraine and Poland have agreed to share customs supervision to make border crossings easier

May 23, 2022

On Sunday, Ukraine and Poland agreed to develop a common border customs control system and work on a shared railway firm to facilitate people’s movement and boost Ukraine’s export potential. During a meeting in Kyiv on Sunday, Ukrainian President Volodymyr Zelensky and Polish President Andrzej Duda praised the two countries’ growing cooperation, with Duda promising […]

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Sri Lanka

Due to growing violence, Sri Lanka will be under a statewide curfew starting this evening

May 16, 2022

In the wake of growing confrontations across the island, Sri Lanka will be under a national curfew from 8 p.m. tonight until 5 p.m. tomorrow, according to the president’s media office. On Sunday, when India delivered its 12th supply of diesel to Sri Lanka, comprising over 400,000 tonnes of petroleum, new Prime Minister Ranil Wickremesinghe […]

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natural gas supplies

Russia cuts gas supplies to a Ukrainian facility controlled by Germany

May 13, 2022

In retaliation for Western sanctions over the Ukraine conflict, Russia has halted natural gas supplies to a Gazprom business seized by Germany. According to German Economy Minister Robert Habeck, Gazprom Germania GmbH and its subsidiaries are no longer receiving all contracted volumes. He claims that Europe’s greatest economy and a major importer of Russian gas […]

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Joe Biden launches $6 billion

Joe Biden launches $6 billion effort to save distressed nuclear plants

April 20, 2022

The Biden administration is launching a USD 6 billion effort to save nuclear power plants at risk of closing, citing the need to continue nuclear energy as a carbon-free source of power that helps to combat climate change. A certification and bidding process opened Tuesday for a civil nuclear credit program that is intended to bail out financially […]

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high-level official to meet Zelenskyy

US considering sending high-level official to meet Zelenskyy in Kyiv

April 14, 2022

The Biden administration is considering sending a high-level official to Kyiv to meet Ukrainian President Volodymyr Zelenskyy. The report on Wednesday said that the US administration has made no final decision about who to send to Kyiv but it could be President Joe Biden, Vice President Kamala Harris, Secretary of State Antony Blinken, or Defense […]

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Two Sikh men attacked robbed in NY

Two Sikh men attacked, robbed in NY in second assault in the last 10 days

April 13, 2022

In the second such assault in less than 10 days, two Sikh men were attacked and robbed in Queens here, the same neighborhood in the city where an elderly Sikh man was assaulted early this month. The Consulate General of India in New York said in a tweet that the assault on two Sikh gentlemen […]

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