US DoJ indictment against Adani a ‘strategic blunder,’ risks damaging India-US ties

The US Department of Justice’s (DoJ) indictment of Indian billionaire Gautam Adani is a strategic blunder with severe geopolitical consequences, leading American publication Forbes has said. In an article titled ‘The US Harms The West’s Alliances With A Far-Flung Indictment In India,’ the author, Melik Kaylan, argued that the indictment, which alleges bribery and financial […]
Iceland’s futuristic farm growing algae for food

In the shadow of Iceland’s largest geothermal power station, a large warehouse houses a hi-tech indoor farm of sorts that’s like nothing I’ve ever seen. Under a strange pink-purple glow, illuminated panels buzz and cylindrical columns of water bubble away, as a futuristic crop of microalgae grows. It’s here that Iceland’s Vaxa Technologies has developed a […]
Rocket launch challenges Elon Musk’s space dominance

Amazon founder Jeff Bezos’s space company has blasted its first rocket into orbit in a bid to challenge the dominance of Elon Musk’s SpaceX. The New Glenn rocket launched from Cape Canaveral Space Force Station in Florida at 02:02 local time (07:02 GMT). It firmly pits the world’s two richest men against each other in a […]
Boeing and Google give $1m each to Trump’s inauguration

US aviation giant Boeing is donating $1m (£812,600) to an inauguration fund for President-elect Donald Trump. Google has also confirmed that it has made a similar donation as the two firms join a growing list of major American companies contributing to the fund. The list also includes oil producer Chevron and technology giants Meta, Amazon […]
TRCSL approves tariff plans for ‘Starlink’

The Telecommunications Regulatory Commission of Sri Lanka (TRCSL) has approved the tariff plans for ‘Starlink’ satellite broadband services to be implemented through ‘Starlink’ Lanka (Private) Ltd. Accordingly, the TRCSL has granted approval for five ‘Starlink’ packages ranging from Rs. 9,200 per month to Rs. 1.8 million per month.
Sweden’s green industry hopes hit by Northvolt woes

Heavy snow blends into white thick clouds in Skellefteå, a riverside city in northern Sweden that is home to 78,000 residents. It’s also the location of what was supposed to become Europe’s biggest and greenest electric battery factory, powered by the region’s abundance of renewable energy. Swedish start-up Northvolt opened its flagship production plant here […]
Global Spotlight on Sri Lanka: Australian Influencers Amplify the Island’s Allure

Sri Lanka recently played host to four renowned Australian-based social media influencers in a groundbreaking digital marketing initiative aimed at rejuvenating the country’s tourism industry. This carefully curated campaign, organized by the Sri Lanka Tourism Promotion Bureau (SLTPB), concluded successfully on December 16th, 2024, as the influencers returned to their home countries, leaving a trail […]
CEAT Kelani presents traffic management tools to Police and SLCMP

CEAT Kelani Holdings has broadened the scope of its flagship community initiative promoting road safety around schools by engaging with the Police and the Sri Lanka Corps of Military Police (SLCMP) of the Sri Lanka Army, two institutions that play lead roles in this domain. The company recently presented stocks of traffic management-related signboards and […]
UK and EU look to 2025 for reset, but with little room for trade-offs

Early in 2025, Prime Minister Sir Keir Starmer has been invited to an informal summit of EU leaders. It’s the first such invitation for the UK since the bitter days of the Brexit negotiations. The focus of the February meeting is future security and defence co-operation. The backdrop: the volatile state of the world from […]
N Korea hackers stole $1.3bn of crypto this year – report

A total of $2.2bn (£1.76bn) in cryptocurrencies has been stolen this year, with North Korean hackers accounting for more than half that figure, according to a new study. Research firm Chainalysis says hackers affiliated with the reclusive state stole $1.3bn of digital currencies – more than double last year’s haul. Some of the thefts appear […]