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Myanmar's economy likely to shrink as floods compound crisis: World Bank

In June, the bank had projected Myanmar's economy would grow 1 per cent during the current fiscal year, which ends in March 2025, but warned of increasing poverty and escalating violence

Rupee likely to maintain downward drift, RBI counted on to cap losses

The one-month non-deliverable forward indicated that the rupee may open near 84.88

Donald Trump picks CIA veteran Ron Johnson as US ambassador to Mexico

Ronald Johnson served as the ambassador to El Salvador from 2019 to 2021

Google's biggest bet is AI for search, says investment chief Ruth Porat

Applying artificial intelligence to the search business that made Google a household name remains the largest gambit for the company, CIO Ruth Porat said

Review of Nippon partnership ongoing as US Steel shares tumble, says US

statement comes after shares of US Steel tumbled more than 10 per cent on Tuesday afternoon following a Bloomberg report suggesting the deal would be killed in short order

BlackRock sees investor shift from cash after even 'modest' rate cuts

Expectations earlier this year that the US central bank would cut interest rates aggressively after hiking them to fight inflation have moderated in recent months

Ghost guns: All about weapon found with UnitedHealth CEO's murder suspect

Ghost guns have no serial numbers. Owners of such guns, by making them themselves, can bypass background checks and regulations

EY worker's death highlights risks for unprotected white-collar workers

India's decades-old labour laws are largely focused on blue-collar workers, leaving others vulnerable to workplace abuse

OpenAI CFO Friar says she trusts Elon Musk to prioritise national interest

Account creation has been suspended, and Friar didn't offer a specific timeline for when it would resume

Japanese takeover could spell long-term decline of US Steel: Union chief

The Detroit-based car company said it would no longer fund work on self-driving robotaxis

In first contact, US officials urge Syrian rebels to support inclusive govt

US has sent messages to the group to help guide early efforts to establish a formal governing structure for the country

Lawsuit in US accuses food companies of marketing 'addictive' food to kids

Lawsuit was filed in Philadelphia Court by Bryce Martinez who alleges he developed type 2 diabetes and non-alcoholic fatty liver disease, diagnosed at age 16, by consuming the firms' products

Russia transported Assad in most secured way, says Russian Deputy FM

The Kremlin said on Monday that President Vladimir Putin had made the decision to grant asylum in Russia to Assad

Google asks FTC to break up Microsoft's cloud deal with OpenAI: Report

The conversation happened after the US Federal Trade Commission asked Google about Microsoft's business practices as part of a broader investigation

Nissan reassigns CFO Ma to China head in management reshuffle: Report

Nissan said last month its half-year net earnings were down more than 90 per cent from the same period last year and cut its annual operating profit forecast by about 70 per cent

Upper Crust owner SSP plans for IPO of Travel Food Services in India

The company said that a draft red herring prospectus has been filed in connection to the proposed IPO with BSE Ltd

Rebel-backed Mohammed al-Bashir takes charge as Syria's interim PM

In a brief address on state television, Mohammed al-Bashir said he would lead the interim authority until March 1

US commerce dept finalises $6.1 billion Micron chipmaking subsidy

The funding will support Micron's long-term plan to invest around $100 billion in manufacturing in New York and $25 billion in Idaho

Brazilian Prez Lula recovering in hospital after emergency brain surgery

The 79-year-old Lula was in stable condition and speaking and eating normally after the successful operation at Sirio-Libanes Hospital

Musk's Tesla restarts search for showroom space in New Delhi with DLF

It was not immediately clear whether Tesla will consider importing cars at the tax rate of as high as 100 per cent or if it will make investment commitments under India's new policy