Commonwealth News
Sri Lanka’s strategic WWII oil tank farm lease to India extended for 50 years
Dec 31, 2021
Sri Lanka agrees to sign a fresh deal with India to lease out the strategic oil tank farm used as a supply base during World War II for another 50 years in the eastern port district of Trincomalee. Out of 99 tanks, 61 tanks would run under the joint venture formed...
Agatha Christie’s “And Then There Were None” on its way to trademark registration in India
Dec 31, 2021
India's Delhi High Court grants Agatha Christie's - “AND THEN THERE WERE NONE", best-selling mystery novel, a trademark registration for more than 80 years after its initial publication in the United Kingdom. It is Christie’s most celebrated crime fiction book with...
Kenya turns invasive water hyacinth into cleaner cooking fuel
Dec 31, 2021
Nairobi-based green energy supplier Biogas International is piloting a project on the shores of Lake Victoria converting the invasive water hyacinth plant into cleaner cooking fuel. The company has partnered with pharmaceutical giant AstraZeneca to discourage the use...
Australia’s Lynas gets regulator nod for disposal facility in Malaysia
Dec 30, 2021
Australian Lynas Rare Earths Ltd bags environmental approvals from Malaysian authorities to build a permanent disposal facility for water leached purification residue in the country. Lynas is one of the world's biggest rare earth miners and received an extension on a...
New Zealand’s Xero to acquire Calgary’s TaxCycle in a deal to expand Canadian presence
Dec 30, 2021
Xero, a New Zealand-based accounting software platform announces the acquisition of Calgary based tax solution software startup TaxCycle for a total of $75 million CAD. The deal is expected to end by December 31 on account of the company’s commitment on expanding its...
India, Nigerian firm partner to boost retail textile sector
Dec 30, 2021
Leoht Africa partners with the Indian Chamber of Commerce to boost the retail sector of Nigeria’s textile industry. Debmalya Banerjee, regional director of the Indian Chamber of Commerce, Kolkata, said India being one of the largest growers of cotton in the world and...