Malaysia could reach high-income status by 2028, World Bank says | Business and Economy

Malaysia could reach high-income status by 2028, World Bank says | Business and Economy

Southeast Asian economy on track to reach milestone within four years after 2024 growth forecast raised to 4.9 percent. Malaysia could reach high-income nation status as early as 2028 amid better-than-expected economic growth and a strengthening currency, a top World Bank economist has said. Malaysia is on track to hit…

Why is Russia bombing ships carrying Ukrainian grain? | Russia-Ukraine war News

Why is Russia bombing ships carrying Ukrainian grain? | Russia-Ukraine war News

Ukraine has accused Russia of unleashing a series of missile strikes on commercial vessels carrying Ukrainian grain in the Black Sea, threatening to disrupt a period of relative calm which has helped to stabilise global food prices. This is not the first time Russia has been accused of taking aim…

Ratan Tata, ‘titan’ of Indian business, dies at 86 | Business and Economy News

Ratan Tata, ‘titan’ of Indian business, dies at 86 | Business and Economy News

Ratan Tata, a former chairman of Indian conglomerate Tata Sons, died at a Mumbai hospital on Wednesday night. He was 86. Tata Sons chairman N Chandrasekaran confirmed Tata’s death and described him in a statement as his “friend, mentor, and guide”. He did not provide a cause of death. Tata…

Argentina’s Congress fails to overturn Milei’s university funding veto | Business and Economy News

Argentina’s Congress fails to overturn Milei’s university funding veto | Business and Economy News

Lower house of Congress fails to achieve a two-thirds majority needed to overrule president’s veto despite mass protests. Argentina’s lower house of Congress has failed to reverse a presidential veto of legislation that would have shored up public university funding – a win for the country’s libertarian leader after mass…

US plan to break up Google’s search dominance will hit profits | Technology News

US plan to break up Google’s search dominance will hit profits | Technology News

Some experts said the broad remedies suggested by the DOJ will not survive the appeals process. The United States Department of Justice’s proposed remedies to break up Google’s search dominance could weaken its main profit engine and stall its advances in artificial intelligence, even though a final outcome may be…

US judge orders Google to open up app store to competition | Technology News

US judge orders Google to open up app store to competition | Technology News

A US judge said that for three years, Google must allow users to download competing third-party Android app platforms or stores. A United States judge has ordered Alphabet’s Google to overhaul its mobile app business to give Android users more options to download apps and pay for transactions within them,…

What’s at stake in Tunisia’s presidential election on Sunday? | Elections News

What’s at stake in Tunisia’s presidential election on Sunday? | Elections News

Sunday’s election in Tunisia will mark the first since President Kais Saied was elected to power as an independent with no prior political experience in 2019 and later extended his rule in a “self-coup” in July 2021. He suspended parliament, dismissed the prime minister, Hichem Mechichi, and assumed executive authority….

US dockworkers union to suspend strike after reaching tentative deal | Labour Rights News

US dockworkers union to suspend strike after reaching tentative deal | Labour Rights News

US President Joe Biden welcomes agreement to end three-day strike, saying dockworkers ‘deserve a strong contract’. US dockworkers and port operators have reached a tentative agreement that will end a three-day strike that shut down shipping on the east and Gulf coasts of the United States – and had threatened…