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India to Spend $24b on Boosting Jobs

India will spend $24 billion in job-spurring efforts over the next five years and boost rural spending, Finance Minister Nirmala Sitharaman said in the 2024/25 budget, unveiled after last month’s

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Porsche Says Switch to EVs Taken Longer Than Expected 

Luxury carmaker Porsche expects the transition to electric vehicles to take longer than it thought, it has said, having previously said its aim was for 80% of sales to be

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TruDoc Healthcare, e& enterprise in Key Partnership

TruDoc Healthcare, a pioneer in the telehealth industry, has announced a landmark partnership with e& enterprise to transform healthcare communications in the MENA region. This collaboration introduces the innovative engageX

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China to Raise Retirement Age as Population Ages

China will gradually raise its statutory retirement age, now among the world’s lowest, to allow people to work longer, as it struggles to relieve soaring pressure on pension budgets, with

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Portuguese Startup Closes €2m Seed Investment 

Portuguese startup Sqill has announced the closing of a €2 million seed investment round led by GED Ventures. With this funding, the company strategically aims to consolidate its presence in

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Mapletree Investments Set to Open Office in Abu Dhabi

Mapletree Investments Pte, a Singapore-based property development and management firm, is expanding its global presence with the opening of an office in Abu Dhabi. Mapletree, a unit of Singapore’s state-backed

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Electric Motorcycles Becoming Popular on Cuba’s Roads

Havana is famed for the colourful vintage cars that can still be seen puttering around its streets and are a popular subject for visitors’ photographs. But these days, Cubans are

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Nippon Steel Hires Pompeo to Help US Steel Takeover

Japan’s biggest steelmaker, Nippon Steel Corp. has hired former USA Secretary of State Mike Pompeo to help with its effort to acquire US Steel, the Japanese company has said. “We

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Quality Check Neglect Led to Global Tech Outage

Security experts said CrowdStrike’s routine update of its widely used cybersecurity software, which caused clients’ computer systems to crash globally recently, apparently did not undergo adequate quality checks before it

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Saudia Orders 100 Air Taxis from Germany’s Lilium

Germany-based air taxi developer Lilium has clinched its biggest order yet in a deal for Saudi airline Saudia Group to purchase up to 100 of its all-electric flying shuttles, which

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