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Vladimir Putin’s final bye will be a long one

  Vladimir Putin’s decision to invade Ukraine — cutting off his own nation of nearly 150 million and torpedoing its economy in pursuit of a delusion — marks the start of a final act for Russia’s president. Not yet the end. Swept up by the charm of Ukraine’s comedian-turned-president, the bravery of the country’s defenders and the blunders of Russia’s ...

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China warns US against forming Pacific Nato and backing Taiwan

Bloomberg China warned the US against trying to build what it called a Pacific version of Nato, while declaring that security disputes over Taiwan and Ukraine were “not comparable at all.” Foreign Minister Wang Yi told his annual news briefing Monday that the “real goal” of the US’s Indo-Pacific strategy was to form Asia’s answer to the North Atlantic Treaty ...

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Russian troops shelling destroys Ukraine atomic laboratory built with US

Bloomberg Russian forces destroyed an atomic-physics lab under international safeguards in Ukraine’s second-largest city, the head of the world’s nuclear watchdog said, underscoring growing concerns over the safety risks posed by fighting around the country’s atomic facilities. Rafael Mariano Grossi, who leads the International Atomic Energy Agency, said that a neutron generator at the Kharkiv Institute of Physics and Technology ...

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Orban signs order authorising Nato troops stationing in Hungary

  Bloomberg Prime Minister Viktor Orban signed a government decree authorizing stationing of Nato troops in Hungary. The decree, published on Monday, upholds the government’s ban on transport of lethal weapons to Ukraine via Hungary. Unlike many other east European member states of the North Atlantic Treaty Organization, Orban’s government hasn’t specifically asked for Nato troops to help defend its ...

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Stakes rise as Putin says his war in Ukraine will continue

Bloomberg As Russia’s invasion of Ukraine heads towards the two week mark, the stakes for both sides in the ground war look set to rise, with potentially catastrophic implications for Ukrainian civilians and greater challenges for the country’s so far remarkably successful defense. President Vladimir Putin said again the war will continue until Ukraine accepts his demands and halts resistance, ...

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Xi warns missteps on issue of ethnic harmony would ‘destabilise’ China

Bloomberg Chinese President Xi Jinping expressed zero tolerance for anything that could undermine ethnic harmony in the world’s No. 2 economy, a sign he’s sticking to assimilation policies that have led to unrest and allegations of human rights abuses. “Only when all ethnic groups live in unity and harmony can there be a prosperous country, a stable society and a ...

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Ramaphosa defends stance on Ukraine

  Bloomberg President Cyril Ramaphosa defended South Africa’s decision to abstain from a United Nations resolution condemning Russia’s invasion of Ukraine, after drawing US and European Union criticism over its stance. South Africa was among 35 countries that abstained from the March 2 vote criticizing Russia. After the vote, the US ambassador called on South Africa to take sides in ...

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China sees moderate export growth as demand stabilises

Bloomberg China’s export growth moderated in the first two months of the year, pointing to more stable global demand as multiple risks cloud the outlook. Exports rose 16.3% in dollar terms in the January-February period from a year earlier, data from the General Administration of Customs showed on Monday, beating the 14% median estimate in a Bloomberg survey of economists. ...

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TCS plans to overhaul to hit $50 billion sales

  Bloomberg Tata Consultancy Services plans to overhaul its organisational structure with specialized groups targeted to help startups as well as large global firms as Asia’s largest software outsourcing provider gears up to double its revenues to $50 billion before 2030, according to people familiar. The Mumbai-based company will create four internal teams — a business transformation group, incubation group, ...

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TikTok suspends livestreaming in Russia on ‘fake news’ law

Bloomberg TikTok says it’s suspending livestreaming in Russia amid the country’s new “fake news” law that’s aimed at silencing dissent and limiting information about its invasion of Ukraine. “We have no choice but to suspend livestreaming and new content to our video service while we review the safety implications of this law,” the company announced in a series of tweets. ...

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