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Asda settles £300m debt

SUPERMARKET chain Asda, owned by brothers Zuber and Mohsin Issa, has recently settled a hefty £300 million debt. It paid off a £200m loan acquired...

Sunak says pledge fulfilled as inflation slows sharply

BRITISH inflation cooled more than expected in October as household energy prices dropped from a year ago and there was also a wider softening...

India’s Sahara Group chief Subrata Roy dies at 75

EMBATTLED Sahara conglomerate chief Subrata Roy died on Tuesday (14) due to cardiorespiratory arrest, the company said in a statement. He was 75. Roy was...

Tesla to double Indian imports, confirms minister

US electric car maker Tesla Inc is planning to double the number of components it imports from India, Indian trade minister Piyush Goyal said...

Issa brothers to buy Tesla charging units

ISSA BROTHERS-owned EG Group has signed a deal to buy Tesla’s ultra-fast charging units for electric vehicles to expand its growing ‘evpoint’ business across...

BT tech chief’s horse-car analogy stirs AI job debate

BT’s technology chief has ignited a contentious debate by drawing a parallel between workers threatened by AI and horses replaced by cars. The global telecommunications...

World Bank offers prop for Sri Lanka’s stressed banks

THE World Bank on Friday (10) provided Sri Lanka $150 million to underwrite savings of millions of depositors in a move that highlights the...
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